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Deep Dive Into "Real" Market Analysis

Deep Dive Into "Real" Market Analysis

FromSTRonomics


Deep Dive Into "Real" Market Analysis

FromSTRonomics

ratings:
Length:
26 minutes
Released:
Dec 21, 2023
Format:
Podcast episode

Description

This episode is Sponsored by MarketMySTR.com the STR Industries #1 marketing platform.

In this episode, Bill Faeth and Kenny Bedwell discuss the considerations and strategies when investing in real estate and markets. They explore the importance of understanding the markets, finding value in data and doing thorough research. They caution against solely relying on real estate agents and emphasize the importance of doing one's own due diligence. The conversation also brings to light the significance of identifying underserved markets with quality hosts, considering hosting quality and location within markets, understanding market ratings, and assessing the cost and barrier of entry. The duo also touches on the concept of 'traffic drivers' in determining investment opportunities.

00:02 Introduction and Welcome
00:40 Understanding Real Market Analysis
01:18 Defining the Process of Evaluating a Market
02:18 The Role of Lifestyle and Financial Decisions in Market Analysis
03:10 The Importance of Market Research
06:52 The Power of Connections and Deep Research in Market Analysis
08:57 The Impact of Market Changes on Investment Decisions
19:10 The Role of Data in Market Analysis
22:24 Understanding the Importance of Hosting Quality
26:04 Conclusion and Wrap Up

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Released:
Dec 21, 2023
Format:
Podcast episode

Titles in the series (89)

Increasing regulation, market saturation, and rising interest rates... Still think short term rentals make sense? You're not alone. Join industry experts Bill Faeth, successful STR host and investor, and Kenny Bedwell, founder of STR Insights and data junky, as they discuss how you can invest in this lucrative industry while still staying ahead of the curve, identifying trends before they happen - or blowing them outright with their own insights! The short term rental industry is booming and there are many benefits to investing in this type of property. Whether you’re a first-time investor or looking for your next investment, we have insights that will help guide the way forward!