How I Acquired a $3M Home for Free

Bill shares his strategy for reducing dependence on Online Travel Agencies (OTAs) and boosting direct bookings. He discusses his '550 250 Plan,' which aims to generate $250,000 in income over five years with five properties, each netting over $50,000. Bill details his latest $3 million property purchase in Montana, funded through strategic sales and creative financing. He breaks down essential components of sound investing: cash flow, appreciation, tax benefits, and debt paydown, and provides actionable insights into acquiring and managing profitable short-term rental properties. stayfi.com/bill Discount code: BILL www.buildstrwealth.com/550250masterclass https://buildstrwealth.com/innercircle 00:00 Introduction to STR Unfiltered 00:17 The Power of StayFi for Email List Building 01:18 Exclusive StayFi Discount Offer 01:54 Buying a $3 Million Property for Free 03:23 The 550 250 Plan Explained 03:50 Case Study: Banner Elk Property 05:27 Finding and Evaluating Deals 06:44 Case Study: Gulf Shores Property 08:09 Case Study: Coram Condo 11:25 Executing the 550 250 Plan 13:06 Four Core Components of Sound Investing 21:30 Conclusion and Next Steps ➡️ 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 STR 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! #STRUnfiltered #BillFaeth #STR Learn more about your ad choices. Visit megaphone.fm/adchoices