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 offers five things to consider when purchasing a short-term rental new build. This can be very stressful, so thank Ian for figuring this out for us! He lists each thing, and explains in detail exactly WHY it is something to consider – you don’t want to miss out on this. A sneak preview of those five things, you ask? Well, okay, here you go:
- How will you finance your new build?;
- Will funding a new build result in opportunity cost?;
- How will you furnish your new build STR?;
- What is the reputation/history of your builder?; and
- Does the new build still work if goes over time or budget or both?
Daniel Shin of the Darwinian Doctor is starting a series called the Side Gig Series (something I’m excited for!). The first post in this series answers this question: how much do you get paid to donate a testicle? Hey, I’ve heard of stranger side gigs than donating organs…
If you’ve been following along in my journey, you know that I’m a big advocate of goal setting. I’d even go so far as to say I’ve gotten pretty good at doing it for myself. That being said, I sat down and thought about my goals for the new year – personally, professionally and financially – and I wanted to share them with you!