…Less operating overhead: ($6,180 per year) Net operating income (NOI): $8,000 per year Congrats, you know your net operating income, also known as “NOI.” To find the cap rate, divide…
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Everything I Know About Blogging, Condensed into One Post
…Shareaholic studied more than 200 million unique visitors who went to 150,000 websites over a three-year timespan. They found that: Facebook drove around 25% of that traffic Pinterest drove around…
How Sarah Quit Her Job, Launched an Online Business, and Now Travels As Much As She Wants
…is a website for entrepreneurs called Unsettle.org. I’ve tried making money online in several ways, and I noticed that every time I told somebody about these online side projects, I’d…
Q & A
…Wat, the Komodo dragons of Indonesia, the Van Gogh museum in the Netherlands, the all-day boat to the Great Barrier Reef, the site of Jesus’ crucifixion – these are absolutely…
#223: Ask Paula – Should I Choose This or That? How to Weigh the Tradeoffs
Elizabeth is curious to know: what does a good net worth breakdown look like? Is it appropriate to have a lot of your net worth tied up in real estate?…
Not Earning Enough? Start a Side Hustle
…“Baker / Barber / Babysitter / Bartender / Bouncer / Blogger / Bohemian hairstylist!” Ideas are cheap. And useless. Most advice you’ll read online regurgitates this tired old advice: Create…
#8: How Jay Became a Half-a-Millionaire — and How to 10x Your Net Worth
…intrigued Jay, so he started tracking his net worth. He also compiled a list of every blogger who discloses their net worth, as well. When this project began, Jay’s net…
#34: How I Built a Six-Figure Online Store — with Steve Chou from My Wife Quit Her Job
…earned six figures, and their family needed that income. She opened an online store, buying handkerchiefs wholesale from China and retailing these online at a significant markup. She and Steve…
One TERRIBLE Piece of Financial Advice You Should Never, Ever Listen To
…the numbers. The people who say it often conflate gross gains with net gains. The average person doesn’t make very strong net gains on their home value, after adjusting for…
Why the One Percent Rule Matters (When Buying a Rental …)
…here. (4) Pay for rental expenses with a small business rewards card, which is automatically paid-in-full every month. (5) Link these accounts to bookkeeping software. And that’s it! It’s simple….