Caleb Wursten, Founder of Worldhaus.co, Fractional Ownership for the Digital Nomads - a podcast by Sal Daher

from 2023-05-10T05:30

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Caleb Wursten is an entrepreneurial prodigy who paid for college at Babson with a bike rental business. He’s now building a platform to provide digital nomads with fractional ownership of properties in desirable locations. International business executive Jon Aboitiz joined as co-host.

Highlights:

  • ·       Sal Daher Introduces Co-Host Jon Aboitiz and Caleb Wursten, Founder of Worldhaus.co
  • ·       “The pandemic unlocked this digital nomad lifestyle for millions of people.”
  • ·       Getting Expensive to Be a Digital Nomad as Airbnb Prices Go Up
  • ·       Fractional Ownership vs. Timeshares
  • ·       Owning 1/13 of Properties in Desirable Locations via an LLC
  • ·       “You're addressing a key factor, it seems, which is the cost of living and how to make it even more affordable...”
  • ·       “The first property is a $220,000 condo in Playa del Carmen, Mexico.”
  • ·       Can Choose Between Occupancy or Renting for Income
  • ·       Comparison to Fractional Ownership of Yachts
  • ·       Developers Are Responding to Demand from Digital Nomads with Attractive Designs
  • ·       How Cobu Intersects with Worldhaus
  • ·       “...we wanted it to be simple and scalable, so we can also expand to Portugal and Colombia, Thailand easily...”
  • ·       Examples of Exciting New Communities: Culdesac and Las Catalinas
  • ·       Property Developers Can Be Remarkably Inventive
  • ·       “They don't need to put up with the $3,000 rent for an isolating experience in a hundred-year-old house.”
  • ·       “It's not so much that Gen Z doesn't want home ownership, it's that no one can afford home ownership...”
  • ·       “I was super lucky in that both my parents are small business entrepreneurs...”
  • ·       Caleb Wursten’s Bike Rental Business Paid for Babson
  • ·       “Then in that time I got a couple rental properties, which is also a common theme with digital nomads...”
  • ·       Real Estate Developers Are Already Designing Projects for Digital Nomads
  • ·       “For, let's say $4,000, you can now own a season, an entire season in Bulgaria.”
  • ·       Jon Aboitiz’s Parting Thoughts

Topics: discovering entrepreneurship, founding story, platform

Title: Worldhaus.co

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Website of Sal Daher