Opinion: Allowing Smokers in Your Rental is Costly & Just Plain Dumb

Are you aware of the expenses associated with allowing someone to smoke in your rental? If not, you need to understand that a smoker will cost you at least 10% of your profits due to increased turnover costs and additional vacancy. That is an unscientific number, and I may venture to guess it may be… Read More..

What Happens When 30,000 People Run The Beijing “Airpocalypse” Marathon In “Hazardous” Smog

Some 30,000 participants were wondering if the organizers of today's 34th Beijing International Marathon would cancel the event after "a toxic fog enveloped the Chinese capital and smog levels soared to “hazardous” levels." Adding to the confusion, and concerns, even the People’s Daily, the Communist Party’s mouthpiece newspaper, cautioned athletes against taking part in the… Read More

You’ll Reach Goals Faster by Rewarding Yourself: Here’s Why

If you are a regular on the BiggerPockets Blog or any personal finance blog, you should notice a common theme. Save money, invest that money, and in the future you will have much more money that you can spend on the things you want, or you can retire early. I believe in saving money and… Read More

Schedule for Week of October 19th

The key reports this week are September New home sales on Friday, and Existing home sales on Tuesday.For prices, CPI will be released on Wednesday.----- Monday, October 20th -----No releases scheduled.----- Tuesday, October 21st -----10:00 AM: Existing Home Sales for September from the National Association of Realtors (NAR). The consensus is for sales of 5.09… Read More

How to Invest in Real Estate with No Money Down (4 Rules You NEED to Follow!)

(The following is an excerpt from the recent book we published here at BiggerPockets, “The Book on Investing in Real Estate with No (and Low) Money Down.”  Pick up the physical book, the digital book, or the audiobook today at BiggerPockets.com/nomoney or get the physical book on Amazon! Now, onto the post!) You know –… Read More

Saturday links: the halo effect

The weekend is a great time to catch up on some posts that were either too long or simply didn’t fit in during the week. Hope you enjoy! Investing Sound financial principles don’t really change all that much.  (A Wealth of Common Sense) What is the Halo Effect?  (The Brooklyn Investor) A dozen things learned… Read More

The Simple, Effective Way to Build Seller Trust & Land More Deals

When it comes to submitting offers on distressed properties, a lot of both new and seasoned investors can sometimes get stuck feeling guilty about their offer. But by being genuine with people and truly caring about their situations, over time you will be able to build trust and generate more business while simultaneously providing help… Read More

Falling Swords

The best advice I can offer you guys right now is to not resort to guesswork when it comes to when we’ll see a low. We are sailing in dangerous waters and if you’re not already short then simply wait it out – get used to the idea that you missed the boat. Anything can… Read More

Good Tenant, Low Yield or Bad Tenant, High Yield: What’s Better?

There comes a point, I think, when every landlord takes a look at what they own and wonders whether to keep the property or sell it. There are many motivations for wanting to sell a property, but in this post I’m going to talk about trying to decide whether to sell a property that has… Read More

FEAR

Fear now permeates markets across all verticals – I’m seeing massive swings and intra-day gyrations that are almost guaranteed to touch anything but the most generously placed stop loss measures. Nothing expresses what’s going as well as the VIX and its sub components – I’ll walk you though the basics: I wanted to know when actually… Read More

This Time ‘Is’ Different – For The First Time In 25-Years The Wall Street Gamblers Are Home Alone

Submitted by David Stockman via Contra Corner blog, The last time the stock market reached a fevered peak and began to wobble unexpectedly was August 2007. The proximate catalyst back then was the sudden recognition that the subprime mortgage problem was not contained at all, as Bernanke had proclaimed six months earlier. The evidence was the surprise… Read More

Not Business As Usual

The dynamics have changed and clearly we are not in the same type of market as we’ve become accustomed to in the past five years. We have seen a few banana peel slips since those lows in early 2009 but every step on the way it has always paid to give the bulls the benefit… Read More