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As featured in The Wall Street Journal, Money Magazine, and more!

September 2007

10 Tips for Buying a Residential Rental Property, Part 5: Simplicity, Accessibility, Replaceability

by Sasha

So you’ve found a property at the right price, in the right neighborhood, and in compliance with local rental and parking regulations. But what about the structure of the building itself, its surrounding property? My next tip addresses just that. 5. Look for simple construction, with systems accessible and materials simple to replace. That Victorian ... Continue reading this article…

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Opening a Business Checking Account

by Luke Landes

A few weeks ago, I had some free time on a Saturday and decided to take care of a chore I’ve been procrastinating for several months. I’m slowly in the process of formalizing the blogging that I do as an official business. Every few months or so, I take another step that brings me closer ... Continue reading this article…

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Guide to American Express Business Credit Cards

by Luke Landes

American Express originally issued only “charge cards,” which required users to pay back their entire balance every month. This is my preferred method — in fact, my only method — of dealing with revolving credit with an interest rate. These days, American Express also offers typical credit cards, complete with annual fees, interest on carried-over ... Continue reading this article…

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Toys for Lunch

by Sasha

I have a confession to make. My name is Sasha, and I’ve spent the last five years completely opposed to bringing my lunch to work. Diametrically opposed, in fact. I’d shudder when my favorite frugal bloggers brought it up, shifting to the next topic as quickly as I could. “Yes,” I’d think to myself, “I ... Continue reading this article…

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Ben Stein’s Tips for New College Students

by Luke Landes

College classes have already begun around the country, and it’s not too late to start listening to Ben Stein. He has some great advice for those matriculating. His son is just starting college, so I would imagine Ben has been giving this topic a lot of thought lately. Make friends with your teachers. While seeing ... Continue reading this article…

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Accidental Landlords

by Sasha

As you might have noticed from my rental articles to date, I believe that landlording is a serious responsibility, not to be undertaken lightly. You can realize serious benefits from a rental property, but also serious repercussions. Because of this, I read today’s CNN Money article on so-called “accidental landlords” with great interest. In the ... Continue reading this article…

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Who is More Likely to Become a CEO

by Luke Landes

There have been various studies as scientists and other curious individuals try to determine what aspects of a human make he or she more likely to become the chief executive of a company. There is a wide range of companies in the world, with CEOs to match. When you look at these studies — scientific ... Continue reading this article…

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10 Tips for Buying a Residential Rental Property, Part 4: Ensure Proper Parking is Available

by Sasha

In my last entry in this series, I discussed local rental regulations, “invisible” factors which can have a huge impact on your rental experience. One type of regulation which can particularly impactful concerns parking. 4. Ensure proper parking is available. In one local township, parking requirements for rental and residential real estate differ substantially. While ... Continue reading this article…

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Personal Income Statement, August 2007 (Net Income: $5,868)

by Luke Landes

This is the second article in my monthly financial reporting; in order to get a full picture of how I fared in August, take a look at my balance sheet posted last night in addition to this article. A vacation, a living room upgrade, and a new bedroom furniture set provided a negative force on ... Continue reading this article…

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Personal Balance Sheet, August 2007 ($107,488, +6.3%)

by Luke Landes

As regular readers know, at the beginning of every month, I check in with some financial reporting. This helps keep me focused on making better decisions throughout the month concerning use and abuse of my money. Keeping track of my finances was what originally started me on the path not necessarily to getting “rich,” but ... Continue reading this article…

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