UNLIMITED
No Money - Start Here! by Bill Faeth Unfiltered11 min listen
ratings:
Length:
12 minutes
Released:
Jan 2, 2024
Format:
Podcast episode
Description
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This episode is Sponsored by MarketMySTR.com the STR Industries #1 marketing platform.
In this episode of STRUnfiltered, Bill anticipates a strong year for real estate in 2024, influenced heavily by the Federal Reserve's potential interest rate decreases. He advises listeners about strategic positioning for success, emphasizing the importance of being proactive, making strategic investments, and not being afraid to access capital. He mentions his '550 to 50' plan, which involves generating a net income of $250,000 from five properties. He also shares insights on how average properties might struggle, whereas 'super properties', built with extreme intention and catered to a specific buyer demographic will thrive. The discussion concludes with tips on reassessing investments and keeping an eye open for new opportunities, and a mention on the speaker's mastermind program 'Inner Circle'.
00:00 Introduction and Predictions for 2024
00:21 The Role of the Federal Reserve and Interest Rates
00:52 The Importance of Positioning and Accessing Capital
01:45 The Potential of Property Investments
02:25 The Impact of Federal Rate Decreases
03:00 The Rise of Boutique Hotels and Super Properties
03:46 The Importance of Portfolio Repositioning
04:10 The Pumpkin Plan and Building a Portfolio
04:26 The Danger of Average Properties and the Need for Unique Features
05:06 The Strategy for Super Properties
05:33 The Inner Circle and the Importance of Design
06:00 The Danger of Staying in the Middle
06:54 The Strategy for Accessing Equity and Making Improvements
07:40 The Importance of Proper Thinking and Seeking Opportunities
08:08 Conclusion: The Red Car Theory and Looking for Opportunities
Watch this episode on our Youtube Channel Every Tuesday & Friday
https://www.youtube.com/channel/UCnheh3vx0hT5Y7uHWhBs8kA
The Free Build STR Wealth Facebook Group: https://www.facebook.com/groups/284886002732508
You can find more of Bill online at:
Bill Faeth Linktree: https://linktr.ee/bfaeth?utm_source=linktree_profile_share<sid=660cbc9b-4a7e-4ed9-a654-900180b83af1
Build STR Wealth: https://buildstrwealth.com/
Instagram: @BillFaeth73
Tik Tok: @bfaeth
Learn more about your ad choices. Visit megaphone.fm/adchoices
This episode is Sponsored by MarketMySTR.com the STR Industries #1 marketing platform.
In this episode of STRUnfiltered, Bill anticipates a strong year for real estate in 2024, influenced heavily by the Federal Reserve's potential interest rate decreases. He advises listeners about strategic positioning for success, emphasizing the importance of being proactive, making strategic investments, and not being afraid to access capital. He mentions his '550 to 50' plan, which involves generating a net income of $250,000 from five properties. He also shares insights on how average properties might struggle, whereas 'super properties', built with extreme intention and catered to a specific buyer demographic will thrive. The discussion concludes with tips on reassessing investments and keeping an eye open for new opportunities, and a mention on the speaker's mastermind program 'Inner Circle'.
00:00 Introduction and Predictions for 2024
00:21 The Role of the Federal Reserve and Interest Rates
00:52 The Importance of Positioning and Accessing Capital
01:45 The Potential of Property Investments
02:25 The Impact of Federal Rate Decreases
03:00 The Rise of Boutique Hotels and Super Properties
03:46 The Importance of Portfolio Repositioning
04:10 The Pumpkin Plan and Building a Portfolio
04:26 The Danger of Average Properties and the Need for Unique Features
05:06 The Strategy for Super Properties
05:33 The Inner Circle and the Importance of Design
06:00 The Danger of Staying in the Middle
06:54 The Strategy for Accessing Equity and Making Improvements
07:40 The Importance of Proper Thinking and Seeking Opportunities
08:08 Conclusion: The Red Car Theory and Looking for Opportunities
Watch this episode on our Youtube Channel Every Tuesday & Friday
https://www.youtube.com/channel/UCnheh3vx0hT5Y7uHWhBs8kA
The Free Build STR Wealth Facebook Group: https://www.facebook.com/groups/284886002732508
You can find more of Bill online at:
Bill Faeth Linktree: https://linktr.ee/bfaeth?utm_source=linktree_profile_share<sid=660cbc9b-4a7e-4ed9-a654-900180b83af1
Build STR Wealth: https://buildstrwealth.com/
Instagram: @BillFaeth73
Tik Tok: @bfaeth
Learn more about your ad choices. Visit megaphone.fm/adchoices
Released:
Jan 2, 2024
Format:
Podcast episode