Building Long-Term Wealth with Short Term Rentals. Real Estate's #1 Asset Class with Bill Faeth

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Recorded23 Oct 2023

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Bill Faeth is a renowned real estate investing expert, entrepreneur, and founder of Build Short Term Rental Wealth, a highly successful educational platform for real estate investors with over 25,000 members. Top 3 Value Bombs 1. The Augusta Rule says you can rent your primary residence for up to 15 days at full market value tax-free. 2. You need to understand how to build a super property, turning that into a super portfolio and building into a super life with intention. 3. Part of the investing strategy is if you go to the beach, the land value—the sand—is way more valuable, so the dwelling cost is going to be less. Your cost segregation benefits going to be less at the beach than it would be if you go to North Carolina. It's going to be higher in South Dakota than it would be in Malibu. A game-changing hub for elite STR investors set on revolutionizing their financial game - The STR War Room Sponsors HubSpot Put your sales team on the fast track to winning Q4 with Sales Hub! Learn more at HubSpot.com/sales Belay Don't be the bottleneck to your organization's growth! Schedule a free delegation consultation with Belay Text FIRE to 55123 to schedule your delegation consultation today Millionaire University Podcast Teaching you how to run a successful business and graduate rich, not broke! Find Millionaire University on Apple, Spotify, YouTube, or wherever you get your podcasts.

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