Caleb Wursten, Founder of Worldhaus.co, Fractional Ownership for the Digital Nomads

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