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Once a month, I get the pleasure of going in to a class of high school seniors to introduce the concept of financial independence. This often leads to talks of house hacking, frugality, and personal finance.In the most recent lesson, Scott Trench, financial independence extraordinaire and author of Set for Life, joined me. As we were talking about meaningful […]

For the longest time, there was an unwritten pact in America. It went something like this: First, you attend school, show up on time, and listen to your teachers so you can get good grades and a reputable college degree. Then, there will be a nice corporate job waiting for you where you show up […]

Not reacting immediately but making sure the other person feels heard is key. Feedback, in whatever form, can have a positive impact on any working professional, helping them assess what they are doing right or where there is room for improvement. Criticism or negative feedback in particular is quite valuable as it can lead to increased performance, […]

Like most pieces of the property management puzzle, raising the rent is part art, part science. There’s a human element to it—that’s where the “art” comes into play. Fortunately, even that can be systematized. Far too many landlords hesitate and fear raising the rent. But it’s a part of the business, as raising prices is […]

When it comes to RE investing, if you’ve been listening to the BP podcast, roaming the forums, or reading the blog, you’ve no doubt heard many people asking the question: “How many loans can I have?” For those embarking on a new journey (which RE investing usually is), it is completely natural to want to […]

What you will need to know: If you are thinking about investing in real estate, you’ll need to do your research, so we dug deep into the internet and came out alive with a list of key concepts, myths and practices. Plus, I’ll throw in a couple of extra punchlines to keep things exciting.   One of […]

Finding the best fridge for your house is exceptionally individual. For a few, fridges with a top-freezer will turn out to be the best since they fit into little spaces. For others, fridges with a base freezer (regardless of whether standard or french entryway) will make it so that they don’t need to bend down […]

A home isn’t just an asset that we buy in the hopes that it will appreciate, it’s also the place where we raise our children, live our lives, and store our photographs and other keepsakes. That’s why it’s so important to protect the home you own with insurance. But what does homeowners insurance cover, and what […]

For many landlords, dealing with renter payment problems is one of the biggest stressors of the job. Partial payments, late payments, and especially nonpayment of rent can cause significant financial strain that puts your rental business in jeopardy. Tenant income verification is a key part of the tenant screening process that helps ensure prospective tenants […]

Retiring is an amorphous and complicated goal — which means retirement planning attracts more than its fair share of plausible-sounding myths. Unfortunately, these myths, misconceptions, mistakes, and misbegotten rules of thumb can seriously lead you astray on your path to a well-funded and fulfilling retirement. Don’t fall for any of the following common myths about […]