Caleb Wursten is an entrepreneurial prodigy who paid for college at Babson with a bike rental business. He's now building a platform to provide digital nomads with fractional ownership of properties in desirable locations. International business executive Jon Aboitiz joined as co-host.
Highlights:
- · Sal Daher Introduces Co-Host Jon Aboitiz and Caleb Wursten, Founder of Worldhaus.co
- · "The pandemic unlocked this digital nomad lifestyle for millions of people."
- · Getting Expensive to Be a Digital Nomad as Airbnb Prices Go Up
- · Fractional Ownership vs. Timeshares
- · Owning 1/13 of Properties in Desirable Locations via an LLC
- · "You're addressing a key factor, it seems, which is the cost of living and how to make it even more affordable..."
- · "The first property is a $220,000 condo in Playa del Carmen, Mexico."
- · Can Choose Between Occupancy or Renting for Income
- · Comparison to Fractional Ownership of Yachts
- · Developers Are Responding to Demand from Digital Nomads with Attractive Designs
- · How Cobu Intersects with Worldhaus
- · "...we wanted it to be simple and scalable, so we can also expand to Portugal and Colombia, Thailand easily..."
- · Examples of Exciting New Communities: Culdesac and Las Catalinas
- · Property Developers Can Be Remarkably Inventive
- · "They don't need to put up with the $3,000 rent for an isolating experience in a hundred-year-old house."
- · "It's not so much that Gen Z doesn't want home ownership, it's that no one can afford home ownership..."
- · "I was super lucky in that both my parents are small business entrepreneurs..."
- · Caleb Wursten's Bike Rental Business Paid for Babson
- · "Then in that time I got a couple rental properties, which is also a common theme with digital nomads..."
- · Real Estate Developers Are Already Designing Projects for Digital Nomads
- · "For, let's say $4,000, you can now own a season, an entire season in Bulgaria."
- · Jon Aboitiz's Parting Thoughts
Topics: discovering entrepreneurship, founding story, platform
Title: Worldhaus.co
