HyperFast Minute | July 22nd, 2022
A Minute on Something I’m Learning:
I spend a lot of time creating podcasts, but this week I listened to a really great one by Ed Mylett and he covered time management. One interesting take away was how often he checks in with himself on his goals and accomplishments and general work. He says the best performers in the world check in the most frequently. Why? It gives them a chance to get back on course quicker if they are going off course. I love this concept and am going to try to implement hourly check-ins with myself.
A Minute on Something I’m Teaching:
Date the rate. Marry the house. Yes interest rates are higher, but that does not mean you can’t get a great real estate deal right now. If you find one, go for it. You are locked in if rates go higher and if they go lower you can always refinance and make your deal even better.
A Minute on Something I’m Excited About:
One of the funds I invested in this year has already made one distribution and just announced their second. This is great news to have so early on and very rare in the tech space. If you are interested in learning more about the Lotus Domaine fund and current investment opportunities email dan@livetheorangeline.com and let me know you are interested in learning more.
A Picture Worth Looking at for a Minute
I’ve been shooting a lot of podcasts lately. Here is a behind the scenes look.
A Minute Answering One of Your Questions:
This is the part where I answer a question someone has texted me or asked on social media (I answer all Instagram Direct Messages).
“How do you manage AirBnBs remotely?“
Two things you need:
1- A good technology stack to automate as much as possible. We do this with a hosting app for guest communications, check ins and instructions to cleaners. We also do it with pricing, so automatic adjustments are made based on demand and availability.
2- Good crews on the ground. You need multiple cleaning companies/crews, contractors and support locally.
If you have the right technology and people you can manage short term rentals remotely in an efficient time manner.
Thanks for tuning in this week! If you know someone that would like to be a part of this please share this with them and click here to sign up.
Dan
