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    Business

    Bill Faeth Unfiltered

    Ready to build your Short Term Rental wealth? Learn more at: https://buildstrwealth.com/.
    Short Term Rentals have been a game-changer for the real estate industry. And no one knows this better than Bill Faeth. As a successful Short Term Rental Investor and Host, Bill has seen firsthand how powerful the Short Term Rental model can be. And now, he’s sharing his knowledge with the world through his new podcast, STR Unfiltered.
    On each episode, Bill breaks down the ins and outs of Short Term Rental Hosting, giving listeners actionable advice that they can use to take their businesses to the next level. Whether you’re just starting in Short Term Rentals or looking to take your business to new heights, STR Unfiltered is a must-listen. So what are you waiting for? Tune in today and learn from the best in the business!

    Advertise

    Copyright: © Bill Faeth

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    Latest Episodes:
    The #1 Mistake Investors Make About Asset Protection Jan 28, 2025
    Show notes

    Bill sits down with Jeff Hampton to discuss his new book, 'The Investor's Blueprint to Asset Protection Made Simple,' highlighting its approachable language and practical advice. The discussion emphasizes the importance of asset protection as wealth increases, covering topics such as lawsuits, LLC structures, and the Corporate Transparency Act. Jeff explains how the Anderson model of asset protection and other traditional strategies may fall short, advocating for a layered approach combining LLCs, holding companies, limited partnerships, and insurance. They delve into common misconceptions about asset protection, stressing the need for LLCs in suitable states and the advantages of holding companies in jurisdictions like Wyoming, Delaware, and Texas. Jeff also highlights the often-overlooked importance of comprehensive insurance coverage, including premises liability, all-risk coverage, and loss of income protection. Furthermore, Jeff provides insights into the Corporate Transparency Act, which mandates federal filing of personal information for LLC owners and its current legal challenges, noting that filing is not currently mandatory. The conversation wraps up with the role of tax strategies in real estate investing, emphasizing collaboration between attorneys and CPAs like Ryan Bakke. Bill underscores the value of having knowledgeable professionals like Jeff Hampton for legal and tax advice, advocating for proactive measures in asset protection and comprehensive risk mitigation. The episode provides a masterclass for investors on crucial legal and insurance details, urging proactive preparation to safeguard assets efficiently.


    00:00 Introduction and Welcome

    00:55 Introducing Jeff Hampton and Asset Protection

    01:38 The Importance of Asset Protection

    02:18 Jeff's Journey and Expertise

    04:44 Understanding Asset Protection Strategies

    11:26 Legal Nuances and State Laws

    19:28 Insurance and Risk Management

    25:26 Understanding Rental Insurance Exclusions

    26:01 Risk Mitigation for High-Risk Assets

    26:52 The Importance of Insurance Alignment

    28:10 Key Insurance Coverage Areas

    30:37 Navigating Loss of Income Policies

    32:45 Tax Strategies for Real Estate Investors

    38:31 The Corporate Transparency Act Explained

    44:03 Final Thoughts and Resources


    https://www.marketmystr.com/


    https://www.youtube.com/channel/UCmirrHkHQfIKR_WCbiCydJg

    https://www.instagram.com/jeffhamptonstrlaw/


    ➡️ Connect with us:

    • Join Our Facebook Group: https://www.facebook.com/groups/284886002732508

    • Check Out Our website: https://buildstrwealth.com/

    • Bill’s Instagram: https://www.instagram.com/billfaeth73

    • Brea’s Instagram: https://www.instagram.com/breafaeth/

    • TikTok: https://www.tiktok.com/@bfaeth


    On Bill Faeth Unfiltered, Bill Faeth breaks down the ins and outs of short-term rental hosting, giving listeners actionable advice that they can use to take their businesses to the next level.

    Subscribe/Follow so you never miss an episode!


    #BFUnfiltered #BillFaeth #STR

    Learn more about your ad choices. Visit megaphone.fm/adchoices


    Where NOT to invest in 2025 Jan 21, 2025
    Show notes

    Bill outlines the top five markets that real estate investors, particularly those focused on short-term rentals, should avoid in 2025. Drawing from his extensive experience with a $22 million portfolio and 71 short-term rental acquisitions since 2015, Bill emphasizes the importance of eliminating unsuitable markets to avoid 'paralysis by analysis.' He recommends avoiding California, the Poconos, Myrtle Beach, 30A in Florida, and the Texas coast due to high costs, regulation issues, and saturation. Instead, he suggests considering tertiary markets like Gulf Shores, Outer Banks, Banner Elk, and parts of Mississippi and Alabama for better cash flow and investment opportunities. Bill also introduces his Super Property Grader tool to aid in property analysis and decision-making. He advises focusing on cash flow, appreciation, debt paydown, and taxes when selecting properties and highlights the importance of having a detailed, data-driven approach. For more detailed market insights and the Super Property Grader tool, viewers are encouraged to subscribe and follow his content.



    Super Property Grader - https://go.buildstrwealth.com/superpropertygrader

    

    https://www.marketmystr.com/


    00:00 Introduction: Avoid These 5 Markets in 2025

    00:29 Meet Bill Faith: Your Real Estate Guide

    00:51 The Importance of Market Elimination

    02:32 Why You Need the Super Property Grader

    03:23 Top 5 Markets to Avoid

    05:18 Market #1: California

    06:35 Market #2: The Poconos

    08:29 Market #3: Myrtle Beach

    10:56 Market #4: 30A

    13:08 Market #5: Texas Coast

    17:24 Conclusion: Smarter Investments with the Right Tools


    ➡️ Connect with us:

    • Join Our Facebook Group: https://www.facebook.com/groups/284886002732508

    • Check Out Our website: https://buildstrwealth.com/

    • Bill’s Instagram: https://www.instagram.com/billfaeth73

    • Brea’s Instagram: https://www.instagram.com/breafaeth/

    • TikTok: https://www.tiktok.com/@bfaeth


    On Bill Faeth Unfiltered, Bill Faeth breaks down the ins and outs of short-term rental hosting, giving listeners actionable advice that they can use to take their businesses to the next level.

    Subscribe/Follow so you never miss an episode!


    #BFUnfiltered #BillFaeth #STR

    Learn more about your ad choices. Visit megaphone.fm/adchoices


    Airbnb Investing As a Couple Jan 14, 2025
    Show notes

    Couple’s Retreat - https://go.buildstrwealth.com/montanacouples


    Bill and his wife, Brea, discuss the importance of alignment in both personal life and investment strategies. The couple recounts their early misalignments and how their journey into real estate investments, specifically short-term rentals, brought them closer. They share their first significant investment in a beautiful beach house in Seaside, Florida, and their subsequent realization that they could not afford the 30A market. They opted for a more affordable investment in Gulf Shores, Alabama, which became a pivotal learning experience. They emphasize the need for clear criteria when selecting properties, sharing Brea's three must-haves: seeing, hearing, and smelling the ocean. The couple also talks about their experiences with property management companies, detailing their failures and eventual success after taking over management themselves. They highlight the importance of continuous education and alignment on financial goals. Their investment journey includes significant milestones such as their first investment property Bella Vista, and their biggest investment in Banner Elk, North Carolina. They discuss their practical strategies, including leveraging interest-only loans and maintaining a principal account. The couple also touches on the emotional aspects of selling beloved properties to reinvest for better financial returns. The episode concludes with an invitation to their upcoming couples retreat in Whitefish, Montana, aimed at helping couples align their personal and financial goals while enjoying a unique and intimate setting.


    00:00 Introduction to Alignment in Investing and Personal Life

    00:24 Starting the Journey: Early Misalignments

    00:36 Discovering Short-Term Rentals

    01:32 First Investment Challenges and Lessons

    04:30 Taking Control: Self-Management

    05:49 The Importance of Alignment in Investments

    10:43 Smith Lake Investment and New Strategies

    12:52 Banner Elk: A New Opportunity

    15:18 Financial Understanding and Emotional Growth

    22:24 The Power of Alignment in Personal and Professional Life

    25:58 Invitation to Couples Retreat


    ➡️ Connect with us:

    • Join Our Facebook Group: https://www.facebook.com/groups/284886002732508

    • Check Out Our website: https://buildstrwealth.com/

    • Bill’s Instagram: https://www.instagram.com/billfaeth73

    • Brea’s Instagram: https://www.instagram.com/breafaeth/

    • TikTok: https://www.tiktok.com/@bfaeth


    On Bill Faeth Unfiltered, Bill Faeth breaks down the ins and outs of short-term rental hosting, giving listeners actionable advice that they can use to take their businesses to the next level.

    Subscribe/Follow so you never miss an episode!


    #BFUnfiltered #BillFaeth #STR

    Learn more about your ad choices. Visit megaphone.fm/adchoices


    The 'Two Extra Steps' to Airbnb Excellence | Pace Morby Jan 07, 2025
    Show notes

    Bill sits down with Pace Morby to debunk myths about the profitability and viability of Airbnb. Bill, known for his highly successful short-term rental strategies and large events, shares his expertise on how to transform average properties into 'super properties.' The discussion explores the importance of marketability, meticulous property searches, and maintaining high standards for quality and cleanliness. Bill emphasizes the value of hands-on management, providing personalized guest experiences, and continuous engagement in the market. He contrasts his methodical approach with the common, lazy practices that lead to subpar performance in short-term rentals. The conversation touches upon Bill's personal journey, his successful business ventures, and his strategic investments in locations set to boom, such as Whitefish, Montana. Additionally, Bill shares insights on innovative methods like using CRM software for direct bookings and nurturing guest relationships. The episode highlights the principle of 'two extra steps,' a concept Bill is writing a book on, which signifies doing what others are unwilling to do. This approach has not only set him apart in the real estate industry but also in life, emphasizing continuous growth and adaptation. The episode concludes with the announcement of Bill’s upcoming real estate event in Nashville and his new book release, promising valuable takeaways for anyone looking to excel in the short-term rental market.


    https://www.marketmystr.com/


    00:00 Introduction

    00:04 Airbnb: Debunking the Myths

    00:16 Bill Faeth's Background and Event Highlights

    00:35 Montana and Personal Life

    01:13 Airbnb Strategies and Success Stories

    03:34 The Importance of Sales and Marketing

    04:22 Two Extra Steps Philosophy

    10:57 Challenges in the Airbnb Industry

    13:45 Consistency and Quality in Short-Term Rentals

    27:38 Personal Stories and Early Ventures

    32:45 Flipping Success and Market Trends

    33:58 Fast Money, Medium Money, Slow Money

    34:45 Personality Types and Investment Goals

    38:26 The Importance of Patience in Real Estate

    38:50 Questioning the Value of College

    42:21 The Power of Consistency and Persistence

    43:52 Evaluating and Repositioning Properties

    46:29 The Impact of Community and Networking

    52:50 The Value of Super Properties

    01:00:06 Upcoming Real Estate Event



    ➡️ Connect with us:

    • Join Our Facebook Group: https://www.facebook.com/groups/284886002732508

    • Check Out Our website: https://buildstrwealth.com/

    • Bill’s Instagram: https://www.instagram.com/billfaeth73

    • Brea’s Instagram: https://www.instagram.com/breafaeth/

    • TikTok: https://www.tiktok.com/@bfaeth


    On Bill Faeth Unfiltered, Bill Faeth breaks down the ins and outs of short-term rental hosting, giving listeners actionable advice that they can use to take their businesses to the next level.

    Subscribe/Follow so you never miss an episode!


    #BFUnfiltered #BillFaeth #STR

    Learn more about your ad choices. Visit megaphone.fm/adchoices


    Why Scaling Your Business Isn’t Easy | Billy Jinks and Bill Faeth Dec 31, 2024
    Show notes

    Bill sits down with Billy Jinks, a successful entrepreneur from Phoenix, Arizona. Billy shares his journey in the ground transportation business, owning Jet Limousine, one of the largest companies in Arizona, and describes his early fascination with limos and cars. They discuss the growth of Billy's company from 30-50 vehicles in 2020 to a fleet of about 100 vehicles, including various types of buses and luxury cars, generating approximately $19 million annually. Billy also owns Salt River Tubing, a business acquired two years ago, now seeing significant improvements and increased efficiency. He describes the operational changes made to enhance customer experience, such as new systems for faster check-in and using larger buses. Despite the challenges of insurance, parts availability, and fuel prices, Billy appreciates the success and enjoyment he derives from his work. They also talk about his volunteer work with the sheriff's office and his love for exotic cars, which he occasionally flips for business and personal use. The discussion wraps up with reflections on the importance of balancing work with personal life and hobbies. Bill encourages Billy to take time off and explore new interests outside of work, emphasizing the need for self-care as an entrepreneur. This episode is a blend of business insights, personal anecdotes, and motivational advice for entrepreneurs looking to innovate and grow.


    stayfi.com/bill

    Discount code: BILL


    https://www.marketmystr.com/


    00:00 Introduction to Bill Faeth Unfiltered

    00:14 Revolutionary Product: Stay Fi

    01:10 Exclusive Offer for Stay Fi

    01:47 Interview with Billy Jinks: Entrepreneurial Journey

    03:53 Scaling the Business: Challenges and Strategies

    06:26 Innovations in Salt River Tubing

    09:44 Managing Logistics and Operations

    11:38 Diversifying with Exotic Cars

    12:38 Dreaming of the S65: The Ultimate Car Experience

    12:58 Challenges in Sourcing Exotic Cars

    13:44 Exploring the Turo Business Model

    15:31 Volunteering with the Sheriff's Office

    16:26 Struggles of an Entrepreneur

    18:19 Balancing Work and Personal Life

    23:12 Unexpected Opportunities from the Limo Business

    25:25 Conclusion and Final Thoughts


    ➡️ Connect with us:

    • Join Our Facebook Group: https://www.facebook.com/groups/284886002732508

    • Check Out Our website: https://buildstrwealth.com/

    • Bill’s Instagram: https://www.instagram.com/billfaeth73

    • Brea’s Instagram: https://www.instagram.com/breafaeth/

    • TikTok: https://www.tiktok.com/@bfaeth


    On Bill Faeth Unfiltered, Bill Faeth breaks down the ins and outs of short-term rental hosting, giving listeners actionable advice that they can use to take their businesses to the next level.

    Subscribe/Follow so you never miss an episode!


    #BFUnfiltered #BillFaeth #STR

    Learn more about your ad choices. Visit megaphone.fm/adchoices


    'Twas The Night Before Summer Bookings Dec 24, 2024
    Show notes

    Bill narrates a whimsical, rhyming tale styled after 'Twas the Night Before Christmas,' where the anticipation for summer bookings replaces the holiday excitement. He humorously describes the preparation for Airbnb bookings and includes a call-to-action for viewers to join a Facebook group live session on Christmas morning. Bill encourages the audience to set their dynamic pricing, notify their guests, and gear up for the summer booking season.


    Join Our Facebook Group: https://www.facebook.com/groups/284886002732508


    stayfi.com/bill

    Discount code: BILL



    ➡️ Connect with us:

    • Check Out Our website: https://buildstrwealth.com/

    • Bill’s Instagram: https://www.instagram.com/billfaeth73

    • Brea’s Instagram: https://www.instagram.com/breafaeth/

    • TikTok: https://www.tiktok.com/@bfaeth


    On Bill Faeth Unfiltered, Bill Faeth breaks down the ins and outs of short-term rental hosting, giving listeners actionable advice that they can use to take their businesses to the next level.

    Subscribe/Follow so you never miss an episode!


    #BFUnfiltered #BillFaeth #STR

    Learn more about your ad choices. Visit megaphone.fm/adchoices


    Real Estate’s Best Kept Secret: The FHA 203K Loan w/ Matt Porcaro Dec 17, 2024
    Show notes

    Bill welcomes Matt Porcaro, creator of the 203K Way. Matt transitioned from corporate America to full-time real estate investing, starting with a 3.5% FHA loan and turning $9,500 into $130,000 in equity. He dives into the details of the 203K Way, an FHA loan program that allows for purchasing and renovating properties with minimal down payment. Matt shares his journey from working as an engineer in New York City to discovering this lesser-known, government-backed financing tool, which enabled him to buy a duplex and accumulate significant equity. He emphasizes the importance of owner-occupancy and leveraging low down payment opportunities as a beginner. Despite facing challenges, including long commutes and dissatisfaction with his corporate job, Matt persisted and found success in real estate. The discussion also touches on refinancing strategies, the role of mortgage insurance, and the benefits of house hacking. Matt reveals his current portfolio, flipping houses for active income and holding properties for long-term gains. He provides insights into current market trends, the impact of political uncertainty, and the emergence of accessory dwelling units (ADUs) as a solution to the housing shortage. The episode concludes with a focus on the future of real estate investing and the importance of flexibility and resilience in one's strategy. The host encourages listeners to follow Matt's journey through his coaching program and Instagram, emphasizing the value of the 203K loan as a critical tool for real estate investors.


    stayfi.com/bill

    Discount code: BILL


    https://www.marketmystr.com/


    ➡️ Connect with us:

    • Join Our Facebook Group: https://www.facebook.com/groups/284886002732508

    • Check Out Our website: https://buildstrwealth.com/

    • Bill’s Instagram: https://www.instagram.com/billfaeth73

    • Brea’s Instagram: https://www.instagram.com/breafaeth/

    • TikTok: https://www.tiktok.com/@bfaeth


    On Bill Faeth Unfiltered, Bill Faeth breaks down the ins and outs of short-term rental hosting, giving listeners actionable advice that they can use to take their businesses to the next level.

    Subscribe/Follow so you never miss an episode!


    #BFUnfiltered #BillFaeth #STR

    Learn more about your ad choices. Visit megaphone.fm/adchoices


    The Biggest Threat To Short Term Rentals w/ John Hildebrand Dec 10, 2024
    Show notes

    Bill sits down with John Hildebrand, an expert in short-term rentals and an advocate with extensive experience in managing and co-hosting properties. They dive into pressing regulation issues in Scottsdale, discussing capacity constraints and advocacy efforts, including the formation of the Arizona for Responsible Tourism organization. John shares his journey, including his history in photography and his passion for building and renovating homes. They talk about the challenges of finding the right partners and properties in a saturated market and the importance of innovative revenue management. Both emphasize the value of personal connection, honesty, and the importance of a supportive community in the short-term rental industry. John outlines his future goals of expanding his property portfolio and potentially buying land in mountain regions like Flagstaff. They also discuss the significance of adopting advanced technology and VAs in managing properties efficiently. Bill and John conclude by encouraging new hosts to find their tribe, embrace honest communication, and never hesitate to seek help from the community.


    stayfi.com/bill

    Discount code: BILL


    https://www.marketmystr.com/


    00:00 Introduction to Bill Faeth Unfiltered

    00:14 Revolutionary Product: StayFi

    01:47 Special Guest: John Hildebrand

    02:13 Scottsdale Regulations and Advocacy

    03:48 The Importance of Statewide Advocacy

    04:56 John's Journey into Advocacy

    06:15 Building Arizona for Responsible Tourism

    07:26 Challenges and Successes in Advocacy

    11:42 Transition to Hilled Homes

    11:51 John's Business and Property Management

    16:58 Optimizing Property Performance

    18:56 Tech Stack and Time Management

    21:00 Planning the Ski Season

    21:14 Backcountry Adventures and Mastermind Meetings

    22:18 Importance of Systems and VAs

    22:44 Balancing Business and Personal Life

    23:36 Airbnb Ambassador Journey

    25:03 Coaching and Mentorship

    26:19 Real Estate and Personal Background

    27:09 Super Skills and Weaknesses

    28:32 Biggest Risks in the Industry

    29:29 Future Plans and Investments

    31:57 Revenue Management and Competition

    35:05 Communication and Accountability

    37:27 Finding Your Tribe and Networking

    38:36 Overcoming Inferiority Complex

    41:32 Conclusion and Final Thoughts


    ➡️ Connect with us:

    • Join Our Facebook Group: https://www.facebook.com/groups/284886002732508

    • Check Out Our website: https://buildstrwealth.com/

    • Bill’s Instagram: https://www.instagram.com/billfaeth73

    • Brea’s Instagram: https://www.instagram.com/breafaeth/

    • TikTok: https://www.tiktok.com/@bfaeth


    On Bill Faeth Unfiltered, Bill Faeth breaks down the ins and outs of short-term rental hosting, giving listeners actionable advice that they can use to take their businesses to the next level.

    Subscribe/Follow so you never miss an episode!


    #BFUnfiltered #BillFaeth #STR

    Learn more about your ad choices. Visit megaphone.fm/adchoices


    End of Year Tax Strategies w/ Ryan Bakke Nov 26, 2024
    Show notes

    Bill welcomes Ryan Bakke, a tax strategist, who discusses essential tax-saving strategies for entrepreneurs, property owners, and real estate investors. Ryan emphasizes the importance of proper bookkeeping and having a CPA for effective tax planning and minimizing audit risks. They discuss using quarterly meetings with CPAs for accurate tax estimates and prepaying taxes to avoid penalties. Ryan explains the value of paying children for business tasks, contributing to their Roth IRAs, and ensuring proper documentation for IRS compliance. The duo also highlights the benefits of cost segregation studies to offset W2 income for STR owners who meet material participation requirements. They stress the importance of planning and executing tax strategies before the end of the fiscal year. Ryan gives actionable advice on prepaying for business expenses and leveraging retirement accounts. You don't want to miss this episode!


    stayfi.com/bill

    Discount code: BILL


    https://www.marketmystr.com/


    00:00 Introduction to Bill Faeth Unfiltered

    00:14 Revolutionary Product: StayFi

    01:10 Exclusive StayFi Offer

    01:47 Meet Tax Expert Ryan Bakke

    02:31 Tax Strategies for Business Owners

    03:35 Importance of Proper Bookkeeping

    06:52 Prepaying Estimated Taxes

    10:09 Solo 401k and Retirement Planning

    16:27 Paying Your Kids: The Ultimate Tax Hack

    20:42 Cost Segregation Strategies

    25:12 Conclusion and Contact Information


    ➡️ Connect with us:

    • Join Our Facebook Group: https://www.facebook.com/groups/284886002732508

    • Check Out Our website: https://buildstrwealth.com/

    • Bill’s Instagram: https://www.instagram.com/billfaeth73

    • Brea’s Instagram: https://www.instagram.com/breafaeth/

    • TikTok: https://www.tiktok.com/@bfaeth


    On STR Unfiltered, Bill Faeth breaks down the ins and outs of short-term rental hosting, giving listeners actionable advice that they can use to take their businesses to the next level.

    Subscribe/Follow so you never miss an episode!


    #STRUnfiltered #BillFaeth #STR

    Learn more about your ad choices. Visit megaphone.fm/adchoices


    How To Transform Your Guest Experience with Sam Rubin Nov 19, 2024
    Show notes

    Bill welcomes Sam Rubin, the founder of the top luxury concierge service, DONE Concierge Service, based in Park City. Sam shares his journey from the restaurant business and email marketing in Huntsville, Alabama, to managing a high-end ground transportation company and luxury concierge service. Sam discusses the importance of exceptional guest services, such as personalized grocery deliveries and transportation, and how they can elevate short-term rental experiences. He emphasizes the value of building relationships over transactions and offers practical tips for property managers to implement similar services. The episode also highlights how these premium services can transform guest impressions and lead to increased bookings and revenue.


    stayfi.com/bill

    Discount code: BILL


    https://www.marketmystr.com/


    00:00 Introduction to Bill Faeth Unfiltered

    00:14 Revolutionizing Bookings with StayFi

    01:10 Exclusive Offer: 50% Off StayFi

    01:50 Special Guest: Sam Rubin

    02:41 Sam Rubin's Journey to Park City

    08:03 From Uber Driver to Luxury Transportation

    11:03 Navigating COVID with Tony Hsieh

    15:29 Expanding Services with Abode

    18:16 Launching DONE Concierge Services

    19:39 Catering and Family Meals for Large Groups

    20:15 The Importance of Connections in Service Delivery

    21:30 Enhancing Guest Experience with Personalized Services

    22:11 Innovative Grocery Delivery Solutions

    27:13 The Impact of First and Last Impressions

    29:29 Starting Concierge Services: Tips and Advice

    31:21 Monetizing Additional Services

    37:07 Conclusion and Final Thoughts


    ➡️ Connect with us:

    • Join Our Facebook Group: https://www.facebook.com/groups/284886002732508

    • Check Out Our website: https://buildstrwealth.com/

    • Bill’s Instagram: https://www.instagram.com/billfaeth73

    • Brea’s Instagram: https://www.instagram.com/breafaeth/

    • TikTok: https://www.tiktok.com/@bfaeth


    On STR Unfiltered, Bill Faeth breaks down the ins and outs of short-term rental hosting, giving listeners actionable advice that they can use to take their businesses to the next level.

    Subscribe/Follow so you never miss an episode!


    #STRUnfiltered #BillFaeth #STR

    Learn more about your ad choices. Visit megaphone.fm/adchoices


    Previous 1 3 4 5 6 7 23 Next

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