The Big Picture For Gold And Silver

With precious metals back at 4-year lows against a backdrop of gold migration from west to east, paper vs physical divergences, 'disappearing' Comex positions, dark pools in London, collateral grabs, and massive monetary policy extremist actions; we thought the following two presentations worth considering. Tocqueville's John Hathaway delves into the darker corners of today's gold… Read More..

Schedule for Week of September 21st

The key reports this week are August New home sales on Wednesday, Existing home sales on Monday, and the third estimate of Q2 GDP on Friday.For manufacturing, the September Richmond and Kansas City Fed surveys will be released this week.----- Monday, September 22nd -----8:30 AM ET: Chicago Fed National Activity Index for August. This is… Read More

1 In 4 Americans Want Their State To Secede From The US

With all eyes firmly fixed on Europe's secessionist movements (most notably Scotland and Catalan), the growing tensions in America took a back seat for a moment. But, as Reuters reports, a recent poll found one-in-four Americans want their state to secede from The US with men more secessionist than women and the Southwest most aggrieved… Read More

3 Tips to Ease the Sale of a Tenant Occupied House

Whether you own only a few rental properties or you have dozens, selling your tenant-occupied home presents its own unique challenges, and there several steps you can implement to help make the process easier on both yourself and the tenants. You can be creative here, from offering a bonus for leaving the property in excellent condition and… Read More

CoStar: Commercial Real Estate prices increased 11.9% year-over-year in July

Here is a price index for commercial real estate that I follow.  From CoStar: Commercial Real Estate Prices Advance in July amid Rising Transaction Volume and Improving Liquidity Measures CoStar’s equal-weighted U.S. Composite Index increased by a strong 1.5% in July 2014 and 11.9% for the 12 months ending in July 2014. It has now… Read More

How to Close More Deals by Educating Your Sellers

A few months ago, I wrote an article about engaging sellers on the phone. I must say that I did not address another component of the conversation. I omitted this component because I wanted newbies to focus on the importance of gathering information from the seller. If you have a handle on gathering information, the… Read More

Friday links: flexible asset allocations

Quote of the day “Investors wrongly assume that outstanding investment managers are skilled in all areas.”  (AlphaBetaWorks) Chart of the day Charles Schwab ($ SCHW) is leading other broker-dealers higher.  (StockCharts Blog) Gold Three years the price of gold peaked.  (The Reformed Broker) Why is the price of gold falling?  (Pragmatic Capitalsm, Crossing Wall Street) Strategy… Read More

Knocking On Heaven’s Door (Again)

Welcome to our morning briefing. Here we are reviewing short term setups ahead of the NYSE opening bell. If you are a scalper or swing trader then these setups may be of interest to you. As usual keep in mind that these are short term setups although they could be used as early entries for… Read More

3 Reasons You Should LOVE the Home Office Tax Deduction

One of my favorite tax perks available to real estate investors is the home office deduction. Let’s face it, the home office deduction is generally not going to reduce your tax bill down to zero. However, it can still provide you with quite a bit of tax savings if used correctly. Last but not least… Read More

A few comments on August Housing Starts

This was a disappointing report for housing starts in August.Starts were only up 8.0% year-over-year in August.There were 670 thousand total housing starts during the first eight months of 2014 (not seasonally adjusted, NSA), up 8.6% from the 617 thousand during the same period of 2013.  Single family starts are up 3%, and multi-family starts… Read More

Do Your Employees Get it, Want it, and Have the Capacity to Do It?

In the previous post, “Jerry Jones, a General Manager You Are Not,” we discussed the importance of hiring the right people. The benefits of hiring the right people are increased effectiveness, efficiency and improved profit. But how do we hire the right people? And how do we keep them? As a sales trainer for financial… Read More

Back With A Vengeance!

I literally just came through the door and dropped my suitcases and here I am already posting setups. That’s right – the Mole is back with a vengeance! Not that you ratlings would actually deserve such dedication – judging by the comment section you didn’t miss me very much! And quite frankly – neither did… Read More

BP Podcast 088: Investing with Your Spouse, Managing Financials, and Growing Your Team with Matt and Liz Faircloth 

Today we’re thrilled to chat with New Jersey real estate investors Matt and Liz Faircloth on The BiggerPockets Podcast, covering everything from the challenges of working with a spouse to purchasing a 10,000 square foot office space! Matt and Liz have been hooked on real estate since buying their first single family home in 2002. After years of… Read More

Post FOMC Madness Update

Finally this month’s FOMC madness session is behind us. As usual I won’t bore you by regurgitating any pertinent tidbits of the day – if you’re interested in the noise I’m sure you’ll know where to find it. Let’s look at some charts instead – shall we? Yesterday I told you guys that such a sharp jump off… Read More

Snake oil or diversification? Maybe some of both?

In a momentous decision this week, CALPERS (the California Public Employee Retirement System) announced that it would shed all of its hedge fund holdings. This was the Absolute Return portion of its portfolios and it cited cost and complexity as the leading reasons to get rid of these portfolio constituents. The amazing thing is that… Read More

The Pest Clause: A Small Lease Addition to Avoid a Big Headache

There are a lot of clauses in any given lease, and some of them are obviously more or less business-impacting than others. Your late-rent clause, for example, is one that always gets plenty of attention. But are you aware of how much of a pain in the neck your pest clause (or lack thereof) can… Read More

MBA: Mortgage Applications Increase in Latest MBA Weekly Survey

From the MBA: Mortgage Applications Increase in Latest MBA Weekly SurveyMortgage applications increased 7.9 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending September 12, 2014. The previous week’s results included an adjustment for the Labor Day holiday. ...The Refinance Index increased… Read More