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Journey to Freedom
Meg Nordmann
15 episodes
2 days ago
Join author Meg Nordmann on her family’s journey to financial freedom. On her quest to reclaim her time & therefore her life, Meg has embraced a combination of minimalism, sustainability, Stoicism, frugality, slow living and investment knowledge to achieve financial independence. Time is our most valuable asset. You can get out of the “hamster wheel” that society has put us in and achieve a more free life with ample time to pursue your dreams. It requires strategy and discipline, but it is not impossible. Follow along to learn from Meg and others how you, too, can be more free.
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All content for Journey to Freedom is the property of Meg Nordmann and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.
Join author Meg Nordmann on her family’s journey to financial freedom. On her quest to reclaim her time & therefore her life, Meg has embraced a combination of minimalism, sustainability, Stoicism, frugality, slow living and investment knowledge to achieve financial independence. Time is our most valuable asset. You can get out of the “hamster wheel” that society has put us in and achieve a more free life with ample time to pursue your dreams. It requires strategy and discipline, but it is not impossible. Follow along to learn from Meg and others how you, too, can be more free.
Show more...
Places & Travel
Society & Culture
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Ep. 13 - Why AirBnB Vacation Rentals Are Not "Passive" Income, But So Worth It
Journey to Freedom
38 minutes 54 seconds
4 years ago
Ep. 13 - Why AirBnB Vacation Rentals Are Not "Passive" Income, But So Worth It

When we began looking into short term vacation rental investing, we thought of it as "passive income." But I laugh heartily at the thought of calling any of this “passive.”

IT IS WORK. HARD WORK.

I wanted to give you an honest description of what actively managing just two vacation rentals looks like in order to get the high return that you want. 

In the first half of today's episode, I give you a realistic idea of the time and expense involved in running one, but in the second half of the episode I talk numbers with you and go over why the "Return on Cash" is so fantastic with these types of rentals. 

If this is a type of investing you've considered before, you should know what you’re getting into so you can better decide if this is an investment path you want.

Click here to see the numbers and equations discussed. 

megnordmann.com

@megnordmann on Insta & Twitter

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Journey to Freedom
Join author Meg Nordmann on her family’s journey to financial freedom. On her quest to reclaim her time & therefore her life, Meg has embraced a combination of minimalism, sustainability, Stoicism, frugality, slow living and investment knowledge to achieve financial independence. Time is our most valuable asset. You can get out of the “hamster wheel” that society has put us in and achieve a more free life with ample time to pursue your dreams. It requires strategy and discipline, but it is not impossible. Follow along to learn from Meg and others how you, too, can be more free.