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331. Use Data to Increase Profits in Your Short-Term Rental Business

331. Use Data to Increase Profits in Your Short-Term Rental Business

FromThanks For Visiting


331. Use Data to Increase Profits in Your Short-Term Rental Business

FromThanks For Visiting

ratings:
Length:
27 minutes
Released:
Feb 8, 2024
Format:
Podcast episode

Description

Today’s expert guest is Kenny Bedwell, in a session recorded at TFVCON2023 in Columbus, Ohio. Kenny founded STR Insights in 2021 as a tool to help investors find the most advantageous STR markets for their unique circumstances using advanced data analytics.We pulled Kenny aside to have a side chat – between his immensely popular educational sessions at the conference – to dig in a little deeper on what he had been presententing to attendees: How to use data to inform good decision making. He shares the top mistakes people are making when researching and buying rental property and sheds some light on a few positive trends he’s seeing across the industry. We also touch on the idea of tagging along with the creation of new National Parks and share a few recommended analytics tools.It’s 2024, people! Data analytics is table stakes to running any optimized business, especially in a space like ours, where so much personalized information is collected on a daily basis.(00:01:27) #STRShareSunday: @eclipse_poconos(00:07:29) Most Common Mistakes Made in Real Estate Prospecting(00:12:28) Kenny Bedwell on the Future of the Short-Term Rental Industry(00:14:55) Sarah & Annette Comment on Kenny’s TipsResources:Visit thanksforvisiting.com/workshop to watch our Hosting Business Mastery Method workshop!Airbnb Essentials Checklist: hostchecklist.com#STRShareSunday: @eclipse_poconosSTR Insights: app.STRinsights.comVisit rentresponsibly.org for information on what’s going on in your marketRecommended STR analytics tools: PriceLabs, AirDNA, and KeyDataThanks for Visiting is produced by Crate Media.Mentioned in this episode:Successful Ads Club | Join us Thursday, February 22nd at 1:00pm ET. Save your spot at thanksforvisitingads.comGet on the waitlist now at thanksforvisiting.com/waitlistHostfully | Go to https://www.hostfully.com/influencers/thanks-for-visiting/ and use TFV100 to get $100 off your subscription.Relay | Go to https://relayfi.com/?referralcode=ThanksForVisiting for your FREE business banking account.Breezeway | Go to breezeway.io/tfv to claim your free implementation when you start a Breezeway account.Visit MinoanExperience.com and tell them TFV sent you!
Released:
Feb 8, 2024
Format:
Podcast episode

Titles in the series (100)

Get actionable advice and the essential fundamentals of running a profitable 5-star Airbnb side-hustle or full on business. Annette’s extensive background in business operations and Sarah’s experience in high-end hospitality management and interior design make them a powerhouse duo that will deliver high impact content. With almost a decade of combined hosting experience they will not only share their own stories welcoming thousands of guests from around the world but also those of other Superhosts to deliver you a wide array of stories, insights, and profitable and creative ideas to make your listing rise to the top. Whether you’re experienced, new, or nervous to start your own Airbnb this podcast promises to be informative, fun, and from the heart.