Small Biz Cleanup: Weekly Reading Rental Properties

by Chris Parsons

Things have been a bit inconsistent here, but there is a lot going on with my wife’s business which I’ll be sharing soon. Due to this, the redesign of this website has been pushed back but I am going to be spending some time cleaning up old posts soon so don’t expect any posts for the next two weeks.

In the mean time, here are some great posts from around the web:

Landlord Rescue has an article I stumbled across for cash flow analysis of rental properties, it’s a great primer on a concept that is simple in theory, but difficult in reality.

20′s Money features a guest post about how an Average guy in his 20′s got started investing in real estate and an original piece. If I could do it all over again…

Canadian Money Forum has a thread on acquiring $1.8 million (I assume through inheritance), with lots of comments on what the person should do with the money – an interesting read of differing view points. I would get a bigger house, nicer cars, and then invest the rest. Some towards starting businesses, some towards real estate, and some towards stocks. What about you?

Andrew Sullivan wants you to Look up from your IPhone and Talk to Him. He hits the nail on the head. I am increasing annoyed by anyone who plays “Words with Friends” or anything else every 2 seconds.

The Financial Blogger asks How Would You Invest $10,000 into your Business? This is a great idea because it makes you think and also challenges you to consider finding ways to do what you want for cheaper.

Escaping the 9 to 5 has some “case studies” on six self-made millionaires. I was highly intrigued by the title, but disappointed with the article. These are brief PR pitches, not case studies – thus the quotes in my link. Still, it was interesting read.

Ben Horowitz has a really interesting piece on the Psychology of Being CEO. Honestly, I just wish I could relate to it better as a CEO… one day.

Scott Young says you can change history because We Are The Story We Tell Ourselves. The power behind this concept is amazing. Memories are not facts, they are very flexible, and I believe that confident, successful people’s memories emphasize the successes, where as unsuccessful people’s memories emphasize the failures.

Under 30 CEO has a post on the Origin of Profits. It’s a well thought out piece that is easy to lose sight of – providing value to your customers is all that matters.