Join 20,000+ physicians on a journey to financial freedom.

PhREI Network Roundup 2-10-22: 5 Things to Consider When Purchasing a Short-Term Rental New Build

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!

PhREI Network

Carpe Diem MD

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:

  1. How will you finance your new build?;
  2. Will funding a new build result in opportunity cost?;
  3. How will you furnish your new build STR?;
  4. What is the reputation/history of your builder?; and
  5. Does the new build still work if goes over time or budget or both?

5 Things to Consider When Purchasing a Short-Term Rental New Build

The Darwinian Doctor

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…

How Much Do You Get Paid to Donate a Testicle?

The Prudent Plastic Surgeon

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!

My 6 Personal, Professional and Financial Goals for the New Year

Love the PhREI network roundup? We have a bunch of ways for you to customize how you follow us!

Love the blog? We have a bunch of ways for you to customize how you follow us!

Join 20,000+ physicians on a journey to financial freedom.

Join The Prudent Plastic Surgeon Facebook group to interact with like-minded professionals seeking financial well-being

The Prudent Plastic Surgeon

Jordan Frey MD, a plastic surgeon in Buffalo, NY, is one of the fastest-growing physician finance bloggers in the world. See how he went from financially clueless to increasing his net worth by $1M in 1 year  and how you can do the same! Feel free to send Jordan a message at jordan@prudentplasticsurgeoncom.bigscoots-staging.com.

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Posts

April 26, 2021

Finance Flash Go! Episode #66: Calculate Your Net Worth!

On this episode of the Finance Flash Go! podcast, I’ll share how to calculate your net worth. Listen to the full episode here! Net worth

April 23, 2021

How to Pick the Right Real Estate Market

Today’s PhREI network post is from Daniel Shin of The Darwinian Doctor. His post is going to give you three specific ways to evaluate and

April 20, 2021

My Written Financial Plan Update: New Financial Goals and Priorities

Continually, one of my most popular posts on the blog is my actual written financial plan. It was actually one of the easier posts to