Short-Term Rentals and Life Beyond Medicine with David Draghinas of Doctors Unbound

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6y ago 40:55

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David Draghinas is the host of Doctors Unbound, a podcast for and about physicians who are doing extraordinary things inside and outside the medical field. He practices clinical medicine as an anesthesiologist in the Dallas area on top of spending time with his wife and their four children.

David is an anesthesiologist in working private practice with Metropolitan Anesthesia Consultants in the Dallas area. He is a graduate of the USC Keck School of Medicine who started his career as a U.S. Navy physician in San Diego. David and his wife have four young children.

Social, website, book links:

Follow David on Twitter at @ddraghinas.

Learn more about Doctors Unbound at www.doctorsunbound.com.

EPISODE HIGHLIGHTS

As Dr. Dragahinas met more and more physicians, he found that many of them had fascinating stories outside their work in clinical medicine, from founding companies to running for office. He launched Doctors Unbound to share those stories.
More physicians than ever are talking about burnout, which gives physicians more power to adjust their practice or their finances to reduce or eliminate the causes of burnout.
David started in short-term rentals by offering a home they already owned on AirBnB. About nine months in, they felt there was enough demand to purchase another home to market exclusively as a luxury AirBnB. These two homes generate 8 to 10 times as much revenue as standard long-term rentals.
Initially, David planned to develop a long-term rental business, but he found it would be very difficult to cash flow more than $200 per month per unit. Their AirBnBs can cash flow as much as $2,000 per month per unit. But when he purchases a home, David considers its viability both as a short- and a long-term rental in case local regulations change.
David and his wife do due diligence on their guests and share their cell phone numbers with their properties' neighbors. When guests seem like they might be rowdy or upset neighbors, they leave money on the table rather than jeopardize relationships.
David seeks to practice "work-life harmony" rather than "work-life balance." He tries to batch his projects by, for example, spending a full day working ahead on Doctors Unbound so he can step away from it for a month.
David and his wife both aim to spend quality one-on-one time with each of their kids at least once per quarter.

66 episodes

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