Thanks For Visiting

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


Listen Later

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 Tips

Resources:

  • Visit thanksforvisiting.com/workshop to watch our Hosting Business Mastery Method workshop!
  • Airbnb Essentials Checklist: hostchecklist.com
  • #STRShareSunday: @eclipse_poconos
  • STR Insights: app.STRinsights.com
  • Visit rentresponsibly.org for information on what’s going on in your market
  • Recommended STR analytics tools: PriceLabs, AirDNA, and KeyData

Thanks for Visiting is produced by Crate Media.

Mentioned in this episode:

Hosting Handbook | Get on the waitlist now at thanksforvisiting.com/waitlist

Hostfully | Go to https://www.hostfully.com/tfv and use TFV100 to get $500 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.

Minoan | Visit MinoanExperience.com and tell them TFV sent you!

Hosting Business Mastery Method | Join us for our live, free, host masterclass and learn how to OWN your digital real estate!

HBMM | Sign up today at hostmasterclass.com.

...more
View all episodesView all episodes
Download on the App Store

Thanks For VisitingBy Airbnb Superhosts Annette Grant & Sarah Karakaian

  • 4.9
  • 4.9
  • 4.9
  • 4.9
  • 4.9

4.9

563 ratings


More shows like Thanks For Visiting

View all
BiggerPockets Real Estate Podcast by BiggerPockets

BiggerPockets Real Estate Podcast

16,789 Listeners

Rental Income Podcast With Dan Lane by Rental Income Podcast

Rental Income Podcast With Dan Lane

824 Listeners

Tax Smart Real Estate Investors Podcast by Hall CPA

Tax Smart Real Estate Investors Podcast

416 Listeners

BiggerPockets Money Podcast by BiggerPockets

BiggerPockets Money Podcast

3,055 Listeners

Real Estate Investing with Coach Carson by Chad Coach Carson

Real Estate Investing with Coach Carson

607 Listeners

Real Estate Rookie by BiggerPockets

Real Estate Rookie

1,838 Listeners

Short Term Rental Secrets Podcast by MICHAEL SJOGREN

Short Term Rental Secrets Podcast

16 Listeners

BiggerPockets Daily by BiggerPockets

BiggerPockets Daily

326 Listeners

The Short Term Show by 8 Figure Airbnb and Short Term Rental Real Estate Investor Avery Carl

The Short Term Show

442 Listeners

On The Market by BiggerPockets

On The Market

899 Listeners

No Vacancy The Podcast with Natalie Palmer by Natalie Palmer, Airbnb Host

No Vacancy The Podcast with Natalie Palmer

246 Listeners

Bill Faeth Unfiltered by Bill Faeth

Bill Faeth Unfiltered

100 Listeners

The Rich Somers Report by Rich Somers

The Rich Somers Report

981 Listeners

The BetterLife Podcast by Brandon Turner and Cam Cathcart

The BetterLife Podcast

835 Listeners

The David Greene Show by David Greene

The David Greene Show

690 Listeners