In this roundup, we discuss 5 things to consider when buying a short term rental, the best side gigs for residents, and my reflections after hosting a real estate conference.
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The PPhREI Network
For the first part of our roundup, I’d like to mention that the PPhREI Network is the same, yet different. After the successful virtual real estate investor conference in late January, we decided to widen the focus of the group. Instead of being just for physicians and spouses, it’s not open to professionals as well! This was reflective of the wide demand we saw in the real estate investing conference.
We hope the new blood will add a great diversity of opinion and energy to the group.
Come join in the fun on Facebook by requesting admission using this link.
Note: there’s a Facebook bug where sometimes these links don’t work on mobile phones. If it doesn’t work, try on a desktop or laptop.
Carpe Diem MD
In this post, Ian Cook goes over the 5 things you should consider when purchasing a short term rental:
- Location, location, location
- Would you want to stay there?
- Uniqueness
- Room for improvement
- Ease of building a team
I found the discussion very insightful and full of great points.
Read the entire post on Carpe Diem MD: Five Things to Consider When Purchasing a STR (AirBNB/VRBO)
The Darwinian Doctor
In this post, I reflected on what I learned from co-hosting a 1400 person virtual real estate investing conference (along with Carpe Diem MD and the Prudent Plastic Surgeon). Here were my conclusions:
- Doctor and professionals are hungry for alternative income
- See one, do one, teach one applies to everything in life
- Collaboration and masterminds are an important key to progress
Read the post on the Darwinian Doctor blog for my analysis: 3 Things I Learned from Hosting a Real Estate Conference
The Prudent Plastic Surgeon
In this post, Jordan Frey goes over his recommendation for the best 3 side gigs for resident physicians. He recommends:
- Stock market investing (the right way)
- Paid medical surveys
- Real estate investing
I’m a huge fan of #3, obviously! But could I have done it as a resident? I’m not sure.
Read the original post on the Prudent Plastic Surgeon blog: 3 Best Physician Side Gigs for Residents
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