As the PhREI network, we decided to start a weekly roundup to share new activity from across the network. Enjoy!
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!
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”!
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!