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Where Is The Best Place To Invest in A STR Property?
What if there was a tool that crunched specific Short Term Rental data, allowing you to determine the best and most profitable area to invest in? STR Insights is just that tool, allowing thousands of investors to find a profitable short-term rental that also meets their investment criteria.
Kenny Bedwell is the brainchild behind STR Insights and he's sharing his story with us today on how he came from a background in finance and understanding data analytics to arrive at a place where he knew that he should take the entrepreneurial leap of faith with the data-driven software he had developed for vacation real estate investing.
From property finding to property analysis, it seems difficult to imagine investing in property nowadays without a tool such as STR Insights.
Learn all about Kenny's application of a tool that will allow you to confidently discover cash-flowing short-term rentals by assessing the data – and not relying on local word of mouth!
This is a fascinating episode of The Good Endeavor Short-Term Rental Show that will help you grow your investments if you have property already, or give you the confidence to start if you are new to the STR industry. Please join us.
"What's the best bedroom count to invest in? Is it 3 bedrooms, 4 bedrooms, 5 bedrooms? It's never linear. Revenue is not linear. Demand is not linear either so therefore there's gonna be better bedroom counts – so markets are saturated. And you're gonna see that in the data, so the ROI will be less." ~ Kenny Bedwell
In This Episode:
- How Kenny got started in data analytics and then moved into STRs
- Understanding the STR Insights tool and how it can help you invest wisely
- Learning how to decode property data appropriately as a new investor
- Kenny's Rule of Thumb for finding deals (profitable properties)
- Kenny's advice for first-time owners and ways to finance deals
And more!
Connect with Kenny Bedwell:
- Instagram - https://www.instagram.com/kenny_bedwell/
- Website - https://www.strinsights.com/
Connect with Mark McDaniel:
- Website - https://staysimpli.com/
- Instagram- https://www.instagram.com/staysimpli/
- Facebook- https://www.facebook.com/people/Staysimpli/100088214988017/
- Twitter- https://twitter.com/staysimpli
- TikTok- https://www.tiktok.com/@staysimpli
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By Mark McDaniel
5
88 ratings
What if there was a tool that crunched specific Short Term Rental data, allowing you to determine the best and most profitable area to invest in? STR Insights is just that tool, allowing thousands of investors to find a profitable short-term rental that also meets their investment criteria.
Kenny Bedwell is the brainchild behind STR Insights and he's sharing his story with us today on how he came from a background in finance and understanding data analytics to arrive at a place where he knew that he should take the entrepreneurial leap of faith with the data-driven software he had developed for vacation real estate investing.
From property finding to property analysis, it seems difficult to imagine investing in property nowadays without a tool such as STR Insights.
Learn all about Kenny's application of a tool that will allow you to confidently discover cash-flowing short-term rentals by assessing the data – and not relying on local word of mouth!
This is a fascinating episode of The Good Endeavor Short-Term Rental Show that will help you grow your investments if you have property already, or give you the confidence to start if you are new to the STR industry. Please join us.
"What's the best bedroom count to invest in? Is it 3 bedrooms, 4 bedrooms, 5 bedrooms? It's never linear. Revenue is not linear. Demand is not linear either so therefore there's gonna be better bedroom counts – so markets are saturated. And you're gonna see that in the data, so the ROI will be less." ~ Kenny Bedwell
In This Episode:
- How Kenny got started in data analytics and then moved into STRs
- Understanding the STR Insights tool and how it can help you invest wisely
- Learning how to decode property data appropriately as a new investor
- Kenny's Rule of Thumb for finding deals (profitable properties)
- Kenny's advice for first-time owners and ways to finance deals
And more!
Connect with Kenny Bedwell:
- Instagram - https://www.instagram.com/kenny_bedwell/
- Website - https://www.strinsights.com/
Connect with Mark McDaniel:
- Website - https://staysimpli.com/
- Instagram- https://www.instagram.com/staysimpli/
- Facebook- https://www.facebook.com/people/Staysimpli/100088214988017/
- Twitter- https://twitter.com/staysimpli
- TikTok- https://www.tiktok.com/@staysimpli
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