Evolve Your Short Term Rental Business w/ Parker Borofsky

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. The podcast episode features Bill Faeth, the host of STR Unfiltered, talking to Parker Borofsky. They discuss the importance of new and innovative marketing tools such as HomePage by StayFi. Faye emphasizes the value of StayFi in boosting direct bookings and enhancing guest experiences. Brodsky, a mortgage professional and real estate investor, addresses various myths around short-term rental income, debt to income ratio, and the intertwining of lending and investing paths. She also shares her predictions regarding the future of interest rates and outlines her work as a mortgage professional and an investor. Furthermore, they briefly touch on the current political climate and its potential impact on mortgage rates. The episode concludes with an introduction to MarketMySTR, an all-in-one marketing platform for hosts. 00:00 Introduction to STR Unfiltered 00:15 Exploring Stay Fine's New HomePage Feature 00:44 The Importance of Stay Fine in Marketing Funnel 01:05 Guest Introduction and Discussion on Becoming Bankable 01:41 The Role of Stay Fine in Direct Bookings 02:17 Introduction to Guest Parker Brodsky 02:26 Discussion on Mortgages and Debt to Income Ratio 03:11 Parker Brodsky's Experience and Achievements 03:38 Understanding the DSCR Product 04:06 Parker Brodsky's Investment Journey 04:58 Debunking Myths about Mortgages 05:27 Understanding the DTI Calculation 13:16 Exploring Different Mortgage Options 15:21 Predictions for the Future of Interest Rates 18:13 Parker Brodsky's Investment Strategy for 2024 20:00 Conclusion and Contact Information 21:45 Sponsor Message: MarketMySTR 22:44 Closing Remarks 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