38. How to Buy Profitable Airbnb Property Leveraging Data

JOIN MY PRIVATE COMMUNITY FOR DAILY WEALTH-BUILDING INSIGHTS & STRATEGIES 🔥 -https://www.strlikethebest.com/insider In this episode of 'STR Like the Best,' host Michael Chang welcomes Kenny Bedwell, CEO and founder of STR Insights. They discuss the importance of data analysis for growing a short-term rental business.Kenny shares his personal journey from a corporate professional to owning multiple short-term rental properties. He offers insights on the best high-ROI amenities, the significance of understanding guest avatar, and practical tips for using data to make informed investment decisions.00:26 Guest Introduction: Kenny Bedwell03:18 First Short-Term Rental Experience & Challenges08:19 How to Underwrite Short Term Rental Investment Property10:38 Portfolio Management and Strategy27:40 STR Insights: Market Planning Tool31:28 Understanding Gross ROI and Market Selection35:33 Cash on Cash Return vs. Cash Flow39:34 Operational Efficiency and Automation46:26 Evaluating Property Upgrades and Amenities52:12 Data Integrity and Decision MakingFollow Kenny Bedwell on Instagram: https://www.instagram.com/kenny_bedwell/ 📖 Join 5,000+ Investors Who Subscribe to the STR Like The Best Newsletter https://www.strlikethebest.com/subscribe?utm_source=yt 🏡 Start and make money with STR Arbitrage 💰 Build long-term wealth with STR Investing⚙️ Earn back your precious time with STR automations--------------------------------------------------------------------------------------------------------- - -- What Type Of Short-Term Rental Host Are You? QUIZ: https://www.strlikethebest.com/ytquiz - Spotify Podcast: https://open.spotify.com/show/141mIvb8qq26JgRYpyoAOa?si=ea3dec9707d74da4 - Apple Podcast: https://podcasts.apple.com/us/podcast/str-like-the-best/id1675408369  LEARN MY STR INVESTING & STRATEGIES 🔥 https://strlikethebest.com/wealthpodApply to work with Michael: https://strlikethebest.com/applypodFollow Michael on Instagram: https://www.instagram.com/michaelchangbnbTrack your STR hours the right way. STR Tax Loophole is our time tracking app built specifically for short-term rental investors. Document your qualifying activities, maintain clean records, and simplify your STR tax qualification. Start your free trial at https://www.thestrtaxloophole.com/