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Marvin Fine
Nomad Capitalist
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Comments by "Marvin Fine" (@torontovoice1) on "Why I Own Six Homes (And None is a Mansion)" video.
I'm quite perplexed by some of this information. The idea of having six homes is truly fantastic. Especially if you're traveling around and you use these homes when you're in that region. That makes perfect sense to me. You also mentioned that you had a personal assistant. She must be fantastic! If you're spending two or three weeks in a home, and you need your teas to be in certain spots, I think these things are time sensitive, in other words, the tea have to have been bought and put into the home hopefully a few weeks before you got there. Do you have your personal assistant flying around the world prepping each home sort of a week before you come. Cleaning it preparing it, etc. Some of these countries have very humid and hot temperatures. You can't leave these abandoned for all that time, they will rot and mildew. Many Canadians such as myself buy properties in Florida to escape the brutal Winters of Toronto for example. But I know that they have to run the air conditioning All Summer Long. Otherwise everything gets rotten, and infested with bugs. What do you do with the refrigerator? I also know that many insurance companies require that the property has to be checked at least once a week. So I guess this would work if you had a property manager in each of these places who was looking after these properties for you. But you never mentioned anything like that. So I wonder what the cost would be, and the viability of being in a property for 2 or 3 weeks. I do agree with you that having your own property enabling you to decorate it the way you like it is certainly uplifting. Do you have any other uses for these properties? Do you have other people using them such as your staff or friends or family? You never elaborated on any of this.
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He doesn't rent them.
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Maybe so, but they have other problems that you don't have, thank God
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As far as the internet is concerned, you don't have to rely on the hotels infrastructure. Just get a worldwide data sim.
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@mali447 you can't figure these out because there is no way to figure them out. You need a property mgr in each place
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