How to think about furnishing a place

Summary

Furnishing a short-term rental property can be time consuming and costly. The speaker says that if you spend 7 to 10 grand on furniture and two weeks of your time, you are leveraging your time to get paid for the next two plus years. If you're making at least 20 grand per year on that property and it takes you 100 hours, you're essentially getting $400 per hour.