Why Investable Markets Shift Quickly

This episode of STRonomics is proudly sponsored by MarketMySTR.com, the leading marketing platform for STR Industries. In this episode of STRonomics, Bill Faeth and Kenny Bedwell discuss the impact of increasing regulation, market saturation, and rising interest rates on short-term rentals investment. They shed light on the importance of staying ahead of the curve and being able to identify trends before they happen. They also delve into the key features of 'Market My STR', a comprehensive marketing platform designed for short-term rental hosts, discussing how it can streamline marketing efforts, improve hosts' communication with guests, and overall enhance the short-term rental business. The episode also delves into specifics about saturation in markets with examples from Kissimmee to Blue Ridge, and highlights the best strategies for property investment amidst growing market competition. 00:00 Introduction to Short Term Rentals 00:28 The Power of Market My STR 01:26 Behind the Scenes: Outtakes and Insights 01:40 Understanding Market Shifts and Trends 01:50 The Story of Logan, Ohio 02:23 The Importance of Data Analysis in Investment 04:06 The Impact of Market Size on Investment 05:22 The Role of Purchase Price and Revenue in Investment 06:09 The Effect of Market Saturation on Investment 07:38 The Impact of Subdivisions on Market Saturation 09:25 The Importance of Unique Property Features 10:26 The Role of Demand in Investment 16:59 The Importance of Proximity in Investment 19:51 The Key Factors that Shift Markets 21:14 Conclusion: The Importance of Great Photos We handle the day-to-day tasks of your short-term rental, giving you the freedom to grow your business and focus on the things that matter most. In the dynamic landscape of short-term rentals, success lies in the details. At STR Super VAs, we bring expertise to every facet of your business, ensuring those details are meticulously managed. Click here to learn more about how you can integrate VAs into your business! https://www.strvas.com/ Watch this podcast each Thursday on our YouTube Channel: https://www.youtube.com/channel/UCnheh3vx0hT5Y7uHWhBs8kA STR Data Hosts Facebook Page Instagram: Kenny_Bedwell You can find more of Bill online at: Bill Faeth Linktree: https://linktr.ee/bfaeth?utm_source=linktree_profile_share<sid=660cbc9b-4a7e-4ed9-a654-900180b83af1 Build STR Wealth: https://buildstrwealth.com/ Instagram: @BillFaeth73 Tik Tok: @bfaeth Learn more about your ad choices. Visit megaphone.fm/adchoices