Lauren starts by asking Suni about what it was like to compete in the Olympics. Then, they move onto a gut wrenching aha moment at the corporate job. Everyone around her was making more and doing less! Cue the personal finance wind tunnel. Suni is still working on balance, after growing up working extra hard as an athlete. She breaks down her 10 doors and reminds us you don’t have to grow for the sake of growing. Remember what your goals are! Get this… you can pay properties off if you want! The two dive a little deeper into her short-term rentals, like making the initial STR choice because it was a small, weird space. Suni furnished her first one with used furniture. It was “fine.” She details converting a duplex into a triplex, and whether it was worth it or not (it was!). It’s not all rainbows and butterflies though…. Lauren and Suni talked about both the pros and cons of STRs. Finally, she talks about her Nightmare Before Christmas themed Airbnb. Is this the future of STRs?
Sponsored by TouchStay Digital Guidebooks: https://touchstay.com/
If you liked this episode, you will also like Episode 128: Managing STRs from Abroad and Episode 117: Real Estate as a Side Hustle and finding your tribe online.
About Suni:
Fourteen years ago, Sunitha “Suni” Rao retired from nearly a decade of playing tennis professionally and competing on the world’s largest stages – including the 2008 Beijing Olympics – at the age of 23. Upon retiring, she was equipped with a sixth-grade education, almost no money and very little knowledge of how the world worked outside of her sport. Fast forward to the present, she has graduated with honors from Villanova University’s MBA program, and has built a thriving real estate business with ten doors in her portfolio. Suni manages the behind-the-scenes efforts on the popular personal finance podcast “Afford Anything”, while co-hosting the “Afford Anything: Invest Anywhere” podcast series, alongside Paula Pant. Suni has been featured extensively on BiggerPockets.
Connect with Suni:
https://www.griffixpropertygroup.com/
https://www.instagram.com/suni_rao_/
Connect with Lauren:
https://twitter.com/AdultingIsEasy
