I Lost $126,000 So You Don’t Have To (The Airbnb Mistake That Changed Everything)

908 viewsPublished: October 29, 202513m 50sScore: 92
Pricing & Profitability
intermediate
Market Research
Profitability
Bookkeeping
Multiple Properties
Beach House

Summary

Bill Faeth shares a painful $126,000 loss on his second short-term rental property, highlighting the dangers of running an STR as a hobby rather than a business. The video details the critical systems he developed as a result, including rigorous property analysis, the importance of physical property inspections, and how to avoid contractor scams through proper vetting.

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