Great article. I used to work on the side for an app called "Task Rabbit" - essentially an Airbnb for odd jobs (mow peoples' lawns, minor home repair etc) and repeat customers always went direct. I suppose it is human nature to save on fees, although it is a bit more complicated when it comes to rental properties.
What do you think of REITs, I see many beaten down though I suppose it is more warranted with interest rates and their propensity to borrow. I like Realty Income which seems to be prime real estate.
Great post
Great article. I used to work on the side for an app called "Task Rabbit" - essentially an Airbnb for odd jobs (mow peoples' lawns, minor home repair etc) and repeat customers always went direct. I suppose it is human nature to save on fees, although it is a bit more complicated when it comes to rental properties.
What do you think of REITs, I see many beaten down though I suppose it is more warranted with interest rates and their propensity to borrow. I like Realty Income which seems to be prime real estate.
I am already long Airbnb, but your write up has provided fantastic additional insight to what I view as a tremendous long term opportunity.