Renting

Nicole lives in Los Angeles, which means Nicole's first horror story has absolutely nothing to do with ghosts.

Her first horror story is called Rent.

Mm-hmm.

Nicole has been apartment hunting for months.

É, pensei, é.

Locação recorrente eu não fiquei sabendo.

Nunca me falaram.

Faz a locação recorrente, cê paga um valor, cê já tem seu horário.

And it's a really good thing to do and reward your staff.

And so what's the other thing we did? So we're also doing Rent the Nest,

which is a program where you can rent either the coffee shop or the restaurant for your own events.

And that has been really widely received.

If the 300,000 euros stays invested and earns, say, conservative 4%, that's about 12,000 a year.

Rent of 1,300 a month is 15,600 a year.

So in that example, the money we didn't spend buying an apartment generates enough return to cover most of the rent on that apartment.

That's a very different way of looking at it.

That's life.

Your home should be allowed to change when you do.

Renting gives us that flexibility between you and me.

We don't even know 100% certain Italy is forever.

And if you're coming in with a consultative service or helping them expand or get more, why not i think that's brilliant because that was the question i have is like how many people are scared of leasing there's got to be a lot of people scared of leasing how do you guys kind of eliminate

that differently they're they're i think you talked about a traditional lease but what was the other one you said like there was the three words rent try Rent, try, buy.

What does that mean? I joke and go, it kind of does what it says on the box.

But

We suggest how they might not be able to walk again.

We never break a leg.

Rent,

try, lease.

There are certain opportunity costs in everything that we do in life, and there are certain other costs that are incurred when you actually rent an airplane, and that cost is the lack of freedom.

There's a cost right there.

So what's it cost you to have access to this airplane all the time and also figure out how much you're really going to fly? Renting, I think, is great for people that don't want to fly very often.

But if you're only flying 10, 20 hours a year, I think renting is definitely there.

I've always said when you hit that 50 to 100-hour mark, that's where you might want to start thinking about either joining a club or becoming an owner.

Wouldn't be surprised.

Like Rent the Tux.

Or places you can go that are, like, secondhand.

Secondhand, exactly.