As the PhREI network, we decided to start a weekly roundup to share new activity from across the network. Enjoy!
![PhREI Network](https://i0.wp.com/prudentplasticsurgeon.com/wp-content/uploads/2021/10/8D146DCE-75A3-4622-8813-2B8F407D1701.jpg?resize=344%2C291&ssl=1)
Carpe Diem MD
Ian Cook of CarpeDiem MD compares each aspect of Your Porter versus OwnerRez, which are both programs to help you manage your short-term rental properties. He highlights both the advantages and disadvantages of each program so that you can make a knowledgeable decision when picking which you use. Thanks to Ian for doing the research so you don’t have to!
Your Porter Vs. OwnerRez (Airbnb/VRBO)
The Darwinian Doctor
Daniel Shin of the Darwinian Doctor talks about several reasons as to why you should not buy property in a bad neighborhood, all based on a true story! The reasons, you wonder?
- Bad neighbors
- Higher crime rate
- Lower price appreciation
- Higher maintenance costs
These reasons may seem “obvious”, but there’s a lot more behind it. And, don’t worry, Daniel covers the “why”!
3+ Reasons Why You Shouldn’t Buy Property in a Bad Neighborhood
The Prudent Plastic Surgeon
Intentional spending is a HUGE part of my financial comeback story. It plays a role in your (and my) happiness and sense of fulfillment. Why? I’ll explain. Most importantly, I’ll give you the simple formula to practice intentional spending.
If a purchase meets both of these criteria:
1) The purchase fits into your financial plan and
2) The joy derived from the purchase is >/= the dollar value of the purchase
…. BUY IT!
The Simple Formula to Practice Intentional Spending