In this PPhREI Network roundup post, we discuss short term rental management tools, whether you should buy or rent your first home, and I write a letter to my sons about their awesome mom.
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Carpe Diem MD
Self managing your short term rental can be great due to increased profit and tax benefits. However, keeping everything organized and automated can be quite a chore. That’s where “channel managers” come in. They are apps or websites that neatly organize your short term rental listing and all the services that makes self-management tolerable. For example: automated pricing tools, smart lock managers, and bookkeeping.
In this post, Ian reviews again the two most popular options: Guesty for Hosts and OwnerRez. I am currently using OwnerRez, and I’ll probably always use it. It’s really complicated to set up, but it has a number of features that make it a really powerful management tool.
Read the post on the Carpe Diem MD blog: Guesty for Hosts (G4H) Vs OwnerRez (Airbnb/VRBO)
The Darwinian Doctor
This week, I got inspired to write another entry in the “Letters to my Sons” series. These are letters that I hope my sons will read in about 10 years, when they are nearing adulthood. In them, I hope to impart wisdom and explain why we made certain life decisions. In this letter, I write about our decision to leave California for another state and why their mom is such a badass.
Read the letter on the Darwinian Doctor blog: Your Mom Is a Badass | Letters to My Sons
The Prudent Plastic Surgeon
In this post, Jordan Frey discusses a common debate: should you rent or buy your first home? He gives a lot of reasons why it makes sense for most people to rent a home straight out of residency, then talks about how he decided to buy a home anyway! I tend to agree with him here that it makes sense to rent, at least initially. But like Jordan, I also ended up buying a house early on — actually in the beginning of residency! That’s a story for another day.
For now, read the post on the Prudent Plastic Surgeon blog: Rent or Mortgage Your First Home? [Why I Didn’t Follow My Own Advice]
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