As you know, as part of the PhREI network, we decided to start a weekly roundup to share new activity from across the network. Enjoy!
Ian Cook of CarpeDiem MD provides us with his own short-term rental calculator. Why? Well, to assist in property analysis, of course! There are tons of factors you have to consider when analyzing properties for short-term rental investing. What are they? Many, many expenses… and income. Learn more from the master himself, Carpe Diem MD!
Daniel Shin of the Darwinian Doctor’s home unfortunately got robbed. The only silver lining? He knew the best steps/things to do. The steps?
- Escape to safety and call the police
- Photograph the crime scene
- Document everything that was stolen
- File a police report if not already done
- Clean up
- File an insurance claim
- Fortify your home
- Install a security system
- Take time to process the robbery
Now that you know the steps, learn in detail exactly what each one means. Take a look, and thank Dr. Shin for this in case you’re ever in the same situation!
So, we all know that I stand by many statements, but one in particular: investing is not hard. But, it can be EVEN EASIER! How? Hands off investing. This post is talking about hands off investing in both stock and real estate. We’ll go through some basics, pros and cons & more!