Martin Papp, a general partner of Nova House, discusses his background in real estate investing and his current focus on building luxury boutique short-term rentals in high-growth markets. He explains the return potential in international markets compared to the United States and the challenges of financing properties abroad. Takeaways: Investing in international markets can offer higher returns compared to the United States due to lower construction costs and higher rental rates. Financing properties abroad can be challenging, and it is often necessary to invest in all cash. Thorough planning and working with local experts are crucial to protect investors' capital and mitigate risks. Creating unique and innovative properties is essential to stand out in the competitive short-term rental market. Being grateful and maintaining perspective can help investors navigate challenges and stay focused on long-term success. Martin Papp | Real Estate Background General Partner of The Nova Haus | Owner of Papp's Tea Based in:  Irvine, CA Say hi to him at:  LinkedIn thenovahaus.com martinpapp.com Best Ever Book: Outliers by Malcolm Gladwell Sponsors: Viking Capital Baselane