The Wealth Without Wall Street Podcast Round Table | Investment Speed Dating (Quick Insights on Lots of Different Assets)
Nov 26, 2024
Guest Eric Hudson, a financial coach with a knack for diverse investment strategies, joins Mark Karaguchi, an expert in real estate investments. They engage in a lively 'speed dating' format, quickly assessing various investment opportunities. The duo covers topics ranging from short-term rentals to e-commerce, emphasizing the importance of aligning investments with personal goals. They also discuss the challenges and rewards of using Turo for vehicle rentals and the impact of AI on investment strategies, offering humorous insights and valuable lessons for aspiring investors.
AI Snips
Chapters
Books
Transcript
Episode notes
Short-Term Rental Experience
- Eric Hudson's friends praised short-term rentals, but he found them too demanding.
- He cites the need to negotiate with owners, arrange cleaning services, and manage frequent guest interactions.
Short-Term Rentals as a Rebound
- Russ Morgan suggests short-term rentals are a good rebound strategy after long-term rentals.
- He and Joey Mure had a positive three-year experience with them.
Long-Term Rental Disappointment
- Joey Mure's experience with long-term rentals has been financially disappointing.
- He feels the rental income doesn't compensate for the expenses and slow drain on his finances.
