Pause. Take a moment to go back in time when you were a child. How did the passage of time feel in childhood compared to now? If you’re like me, time seemed to move at a crawl in childhood compared to the speedy blur in adulthood. Why did an hour feel like an eternity then […]
Do you run a business with a retail, warehouse, or office location? Are you thinking of moving to expand or downsize? Before you dive right in and sign on the dotted lines, be sure you’re not making one of these common leasing mistakes. Leasing Mistake #1: Going with the cheapest option There’s always a reason […]
Wholesaling in real estate is when an ‘investor’ takes property under contract at a certain price and then assigns it to another investor buyer before closing at a higher price, thereby making a profit on the price arbitrage. I put the quotations around the word ‘investor’ since it’s debatable whether a wholesaler is genuinely an […]
Do you want to pay off your mortgage early? A full 15 or even 20 years early? Of course you do! And there’s only ONE way to do it—you have to put EXTRA payments towards the principle that you owe. The more you do that, the faster your mortgage gets paid off. Simple enough, right? […]
Ever since best-selling author David Bach first popularized the Latte Factor, a simple concept to show how shifting regular amounts of “unnecessary” spending towards spending could add up to big sums over the long run, the idea has been met with both praise and criticism. The arguments on both sides seem to take one of […]
The use of the internal rate of return (IRR) as an investment metric is ubiquitous in the world of investment analysis. In real estate investment analysis, it’s no different. However, it should never be used in isolation when making an investment decision. To illustrate the internal rate of return’s shortcoming, let’s take a look at […]
While in the U.S. we have many options including Zillow, Trulia, and RedfIn for gathering market data for our quick and dirty back of the envelope analysis, that’s not the case in most other markets. So I asked my students (over 120K from 198 countries), what their top recommended real estate websites are for their […]
Meet Josh, Amy, and Michael. They all just recently signed a new commercial lease for their respective businesses, and they all end up with major headaches that they each could have easily prevented. Let’s look at three common mistakes business owners make with new leases that you can avoid. Commercial Lease Mistake #1: Not checking […]
Using the latest Home Values and Rental data from Zillow (as of December 31, 2018), I’ve ranked 171 U.S. cities based on their average gross rental yields, which measures the relationship between the gross rent and the value of rental properties. If you’re not familiar with this metric and wish to learn more, read my […]
While there are many factors to consider when finding, evaluating, and ultimately buying a rental income property, there is one simple metric that all investors can use to quickly compare across investment opportunities and narrow down their choices. Gross Rental Yield
