The PPhREI Network Highlights drop once a week and include the best posts from the PPhREI network….
The Darwinian Doctor has diversified his real estate portfolio into multifamily, small apartments and short-term rental properties. In this post, he takes a look at Large Apartment buildings and discusses why this asset class tends to be resistant to recessions. In addition, he shares some insights about the challenges of multifamily (Duplex, triplex) and small apartment properties. This post covers a range of topics and includes a nice review about previous recessions. Click below to learn more.
This week The Prudent Plastic Surgeon breaks down the numbers behind his most recent duplex investment. This post is great because it gives a concise explanation of the decision process that Dr. Frey and Selenid go through when analyzing deals. Dr. Frey describes how they found this property, how they crafted their offer, analyzed the potential returns and how they found inefficiencies in the market to maximize their return.
Spoiler alert: They paid over asking for this property, in this market, with these rates, and yes that is because it made sense based on their analysis.
Winter is coming and spa season is here… To be fair, spa season can by 365 days a year for some markets… but in general spa use picks up when things cool down… The first question, as an STR owner, is do you need a Hot tub? Check out this week’s Carpe Diem MD to learn more…
The Fall 2022 Carpe Diem MD Short-Term Rental Course is NOW open for sign up for the rest of the 2022 calendar year.
2022 is the last year to achieve 100% bonus depreciation and the 4th quarter is the best time to purchase a Short-term rental property. Our course is designed to guide you through purchasing your first STR all the way to complete set up and self-management. We both practice full-time while managing our STRs and know you can do it too. The course includes a CME component about physician burnout and wellness and you can use CME funds to sign up for the course.
The course material is available immediately on sign up. This offer also includes access to the first course of 2023!!! (Click here to learn more)
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