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Case Study

Jeremy in Wisconsin

Jeremy runs high-quality Wisconsin lake homes with one of the leanest teams in our portfolio. On the listings earning throughout both years, revenue grew 16% with Foundry, from $776K to $897K, while the portfolio's revenue index against its market climbed from 175 to 213 and whole-portfolio revenue nearly doubled as he grew from 14 to 24 homes.

Year Over Year, Same Listings
Jeremy revenue before and after Foundry Bar chart comparing 12-month stay-date revenue: $776K before Foundry versus $897K after, a +16% increase. $776K BEFORE FOUNDRY $897K AFTER FOUNDRY +16%
Revenue Index 175 to 213
Nov 2023 to Oct 2024 vs Aug 2025 to Jul 2026, stay-date revenue
Whole-portfolio revenue nearly doubled, $938K to $1.9M, growing from 14 to 24 lake homes
This July brought $562K whole-portfolio against $345K the prior July, up 63%
Occupancy on the original homes rose 8 points, running 88% through peak July
Verified Results

Results in Numbers

Monthly Revenue, Same Listings

Jeremy monthly revenue Bar chart of monthly stay-date revenue for Jeremy from Nov '23 to Jul '26, indexed to the average month before Foundry onboarding. Foundry starts Nov '24. The highest month reaches 3.6x the pre-Foundry average. A data table follows this chart. 0x 1x 2x 3x 4x Nov '23Feb '24May '24Aug '24Nov '24Feb '25May '25Aug '25Nov '25Feb '26May '26
Monthly Revenue, Same Listings
MonthRevenue vs average pre-Foundry month
Nov 20230.5x
Dec 20230.5x
Jan 20240.1x
Feb 20240.3x
Mar 20240.4x
Apr 20240.5x
May 20240.9x
Jun 20241.8x
Jul 20242.6x
Aug 20242.6x
Sep 20241.1x
Oct 20240.6x
Nov 20240.7x
Dec 20240.6x
Jan 20250.5x
Feb 20250.3x
Mar 20250.5x
Apr 20250.5x
May 20250.9x
Jun 20251.7x
Jul 20253.3x
Aug 20252.5x
Sep 20251.0x
Oct 20250.8x
Nov 20250.5x
Dec 20250.6x
Jan 20260.3x
Feb 20260.4x
Mar 20260.5x
Apr 20260.6x
May 20261.1x
Jun 20262.0x
Jul 20263.6x
Monthly stay-date revenue, Nov 2023 to Jul 2026, indexed to the average pre-Foundry month (1x).

Year Over Year, Same Listings

Jeremy revenue before and after Foundry Bar chart comparing 12-month stay-date revenue for Jeremy: $776K in the 12 months before Foundry onboarding versus $897K in the 12 months after, a +16% increase. A data table follows this chart. $776K Before Foundry Nov 2023 to Oct 2024 $897K Last 12 Months Aug 2025 to Jul 2026 +16%
Year Over Year, Same Listings
WindowRevenueOccupancy
Before Foundry (Nov 2023 to Oct 2024)$776K52.5%
After Foundry (Aug 2025 to Jul 2026)$897K60.6%
Comparing the 12 months before Foundry onboarding (Nov 2023 to Oct 2024) with the most recent 12 months (Aug 2025 to Jul 2026), stay-date revenue.
The Complete Story

Monthly Revenue, Whole Portfolio

Jeremy monthly revenue Bar chart of monthly stay-date revenue for Jeremy from Nov '23 to Jul '26, indexed to the average month before Foundry onboarding. Foundry starts Nov '24. The highest month reaches 7.2x the pre-Foundry average. A data table follows this chart. 0x 2x 4x 6x 8x Nov '23Feb '24May '24Aug '24Nov '24Feb '25May '25Aug '25Nov '25Feb '26May '26
Monthly Revenue, Whole Portfolio
MonthRevenue vs average pre-Foundry month
Nov 20230.4x
Dec 20230.4x
Jan 20240.1x
Feb 20240.2x
Mar 20240.4x
Apr 20240.5x
May 20240.8x
Jun 20241.8x
Jul 20242.8x
Aug 20242.7x
Sep 20241.2x
Oct 20240.7x
Nov 20240.7x
Dec 20240.5x
Jan 20250.4x
Feb 20250.3x
Mar 20250.5x
Apr 20250.5x
May 20251.2x
Jun 20252.6x
Jul 20254.4x
Aug 20253.8x
Sep 20251.5x
Oct 20251.3x
Nov 20250.7x
Dec 20250.6x
Jan 20260.3x
Feb 20260.4x
Mar 20260.6x
Apr 20260.7x
May 20262.0x
Jun 20264.6x
Jul 20267.2x
Monthly stay-date revenue, Nov 2023 to Jul 2026, indexed to the average pre-Foundry month (1x).
Including Every Listing Added

Year Over Year, Whole Portfolio

Jeremy revenue before and after Foundry Bar chart comparing 12-month stay-date revenue for Jeremy: $938K in the 12 months before Foundry onboarding versus $1.9M in the 12 months after, a +98% increase. A data table follows this chart. $938K Before Foundry Nov 2023 to Oct 2024 $1.9M Last 12 Months Aug 2025 to Jul 2026 +98%
Year Over Year, Whole Portfolio
WindowRevenueOccupancy
Before Foundry (Nov 2023 to Oct 2024)$938K17.1%
After Foundry (Aug 2025 to Jul 2026)$1.9M35.3%
Comparing the 12 months before Foundry onboarding (Nov 2023 to Oct 2024) with the most recent 12 months (Aug 2025 to Jul 2026), stay-date revenue.

From Hospitality Veteran to STR Operator

Jeremy came to short-term rentals with a hospitality background and a mindset forged through real adversity. He did not scale by chasing every unit. He hand-picked homes that could consistently deliver five-star stays. But even the best-managed homes need pricing power to reach their potential.

How We Measure This

The headline compares the listings that earned revenue throughout both years: the twelve months before Foundry, November 2023 through October 2024, against the most recent twelve, August 2025 through July 2026. The portfolio grew from 14 to 24 homes along the way, so whole-portfolio figures are reported separately.

Data-Driven Pricing

Jeremy was already using dynamic pricing tools before he came to us. He signed on in late 2024, and the shift to fully data-driven pricing changed the trajectory.

On the same listings, stay-date revenue grew from $776K to $897K, up 16%, with occupancy on those homes up 8 points. The clearest signal is the market comparison: this portfolio already earned 75% more than its market per listing before Foundry, and that index climbed to 213, more than double the market average.

  • $776K to $897K, up 16%, on identical inventory
  • Revenue index up from 175 to 213 against the local market
  • Whole-portfolio revenue nearly doubled, $938K to $1.9M, as the portfolio grew to 24 homes

Smart Seasonal Strategy

Wisconsin lakefront is a brutally seasonal market, so the strategy lives and dies on the calendar. Every other week, Jeremy and his revenue manager walk the portfolio property by property. They pace each month against last year’s final numbers, pick up last-minute bookings as the booking window shrinks, and plan rate moves around the race weekends that drive demand in his market, including remarketing to past race-week guests.

The peak month proved it out: this July brought $562K whole-portfolio against $345K the prior July, up 63%, and the original listings beat their own prior July while running 88% occupancy.

Asked how the numbers were looking on a spring 2026 check-in call, Jeremy kept it simple:

“Look at the numbers there. They’re excellent.”

- Jeremy

The Results

His mindset: “You can charge anything, if you deliver.” And the portfolio delivers.

From sauna-equipped luxury lake homes to ghost-hunting guests in their original cabin, they have built a business that wins repeat guests, holds five-star ratings, and outpaces its competition by a wider margin every year.

“You can charge anything… if you deliver.”

- Jeremy

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