The Investor’s Playbook: Leveraging Credit, Comps & Cash Flow

Bill speaks from the Hatley Pointe Ski Resort in North Carolina, recounting his recent ski vacation in Montana with his wife. He attends the Savvy Summit hosted by Tyler Coon and discusses his exploration of investment opportunities in newly developed ski resorts. Bill considers purchasing 165 acres with ski runs and a lodge, during which he plans to gain insights from the resort owners about their investment journey. He explains the importance of understanding hurdles, costs, and unexpected issues in such investments. Transitioning the focus to real estate investing, Bill emphasizes the fundamental components of successful short-term rental investments: cash flow, appreciation, debt paydown, and tax benefits. He discusses tools like STR Insights and AirDNA for benchmarking and elaborates on his performance analysis approach. He also touches on the significance of credit and loan qualification, drawing from his personal experience with commercial loans for a hotel acquisition. Bill shares his proactive strategy of meeting quarterly with tax consultants and his stance against zeroing out income to maintain bankability. He encourages a systematic approach to analyzing comps and adapting pricing to move from a beginner to an advanced investor. Bill wraps up by promoting his Facebook group and urging listeners to engage with his content on YouTube and podcast platforms. Super Property Grader: https://go.buildstrwealth.com/superpropertygrader https://www.marketmystr.com/ Join Our Facebook Group: https://www.facebook.com/groups/284886002732508 00:00 Welcome to Bill Faeth Unfiltered 00:03 Introduction to Hatley Pointe Ski Resort 00:53 Real Estate Investment Insights 03:43 Key Components of Short-Term Rental Investments 07:25 Analyzing Market and Property Performance 08:55 Tax Benefits and Financial Planning 13:26 Recap and Final Thoughts 15:04 Join the Community and Subscribe ➡️ Connect with us: • Join Our Facebook Group: https://www.facebook.com/groups/284886002732508  • Check Out Our website: https://buildstrwealth.com/  • Bill’s Instagram: https://www.instagram.com/billfaeth73 • Brea’s Instagram: https://www.instagram.com/breafaeth/  • TikTok: https://www.tiktok.com/@bfaeth  On Bill Faeth Unfiltered, Bill Faeth breaks down the ins and outs of short-term rental hosting, giving listeners actionable advice that they can use to take their businesses to the next level. Subscribe/Follow so you never miss an episode! #BFUnfiltered #BillFaeth #STR Learn more about your ad choices. Visit megaphone.fm/adchoices