Don’t Forget to Subscribe!
Smart investors stay ahead of the game by buying low and selling high. Now is not a bad time to be an investor, as real estate prices are skyrocketing all over the world! But it's easy for emotions to get in your way when you're faced with making such big financial decisions - we know this because many people make poor choices based on how they feel rather than what will actually work out well financially speaking (and sometimes even emotionally).
If that sounds like something familiar then you will want to listen to todays episode of The Accommodation Show.
Today's guest, Bill Faeth has been incredibly successful in the world of real estate, specifically, buying property for short-term rentals. He now helps other investors buy and self-manage short-term rentals. As many of you know this is a hot strategy, but you've got to learn which markets are best, which properties to go for and to avoid common pitfalls.
Bill is a successful entrepreneur and Business Coach who teaches entrepreneurs, business owners, and high-performance leaders how to build and scale profitable businesses without sacrificing family.
Over the course of several years, Bill has built multi-million dollar businesses. Now, he teaches others how to do the same and that is the focus of today’s interview. He shares his exact steps for getting started from where to look, how to find the money, how to choose the right property, and more.
Chapters
00:00 How to Build Wealth with property
01:35 Bill Faeth's introduction and background.
04:56 How Bill builds his wealth?
06:44 Is it important to diversify your property portfolio?
11:27 The biggest risks and the biggest opportunities in 2022
13:50 How do you buy property?
17:11 How to increase your cash on cash return?
20:24 How to run the numbers to make sure you're getting a good deal?
21:44 Current emerging markets of 2022 and what to look for in an emerging market.
26:12 Types of properties that are good for short-term rentals.
27:18 How to evaluate properties on your own
30:03 Join us for the biggest event for hosts and investors from June 6 to June 8 for the STR Wealth Conference.
Show Links
IG: @billfaeth73 Twitter: @Bfaeth
FB Group: https://www.facebook.com/groups/284886002732508/
www.billfaeth.com
Wealth Conference - https://www.strwealthconference.com
Want to get the best accommodation marketing tips before everyone else?
Hit that subscribe button! This also keeps us going and creating more useful content for free!
ACCOMMODATION OWNERS AND MANAGER FREE RESOURCES!
Connect with Bart Sobies: https://www.ibooked.online/bart/
The Accommodation Show: https://www.theaccommodationshow.com
The Accommodation Owners and Managers Facebook Group: https://bit.ly/2NM3dTl
Join the mailing list with all the accommodation secrets: https://bit.ly/3aKBf3X
Need more direct bookings? We get results! https://www.ibooked.online
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
#ibookedonline
#bookdirect
#airbnb
