Shaping the Future of Short Term Rental Investments w/ Sean Moore

StayFi | Use Code BILL to Get 50% Off Your First 3 Months with StayFi! This episode is Sponsored by MarketMySTR.com the STR Industries #1 marketing platform. In this episode of STRUnfiltered, Bill is joined by Shawn Moore, owner of “Vodyssey” and one of the great minds in the world of Short-Term Rentals. The two go into detail about Shawn’s upbringing, how he was drawn into the world of Real Estate, and (of course) about that signature cowboy hat. Bill and Shawn share a similar style and approach to investing, but a large portion of the conversation is centered around their one major difference: whether or not to self-manage or to hire Property Managers. Both Bill and Shawn understand that marketing and presentation are absolutely key to success in the world of STRs, and despite their differing approaches, both share some very particular needs and requirements in order to maximize the revenue from each individual property. From there, the two discuss Projections for the market in 2024, and their plans to meet up for a fantastic joint seminar in the coming months. 02:00 Introduction and Guest Arrival 02:23 The Unconventional Podcast Format 02:39 The Cowboy Hat Mystery 03:46 Sean's Cowboy Lifestyle 05:17 The Country Club Cowboy 07:03 The Joy of Outdoor Activities 10:54 Sean's Journey into Short Term Rentals 16:19 The Role of Property Management in Sean's Business 19:13 Maximizing Assets in Vacation Rentals 19:19 The Importance of Consistency in Vacation Rentals 19:55 Finding the Best Property Managers and Co-Hosts 20:07 The Challenges of Vetting Co-Hosts and Property Managers 20:24 Strategies for Success in the Vacation Rental Market 20:51 The Importance of Reviews and Communication in Property Management 22:18 The Process of Interviewing Property Managers 24:44 The Role of Marketing in Property Management 26:55 The Challenges of Large-Scale Property Management 31:35 The Impact of Market Changes on Property Investment 32:42 Strategies for Buying Properties in the Current Market 35:32 The Future of Property Management 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