Quotes of the Day

Over time, the average P/E ratio for the stock market in general has been around 14 to 16. That means that throughout history, investors have paid around $15 dollars for $1 of earnings. [2009] - James DiGeorgia

The Shy Geisha - the most common sex signal known to womankind. [2006] - Leil Lowndes

If you don't own a car, rent out your parking place at your condo (just make sure you aren't breaking any rules). [2017] - Sean Cooper

If your business is successful, when selling the business you can claim up to $750,000 as capital gains exemption, which moves that amount into your personal hands without tax ramifications. If you are doubly fortunate in that your marriage survived the venture and your wife was a partner in it, you can double that $750,000 to $1.5 million. [2008] - Dwayne Daku

Third-party short term rental data providers such as AirDNA.co, MashVisor.com, and AllTheRooms.com all collect market data for most Airbnb markets, often with hundreds or thousands of comparable listings. Although they're not free, the data they provide for a modest fee is well worth the accuracy you get and the savings in time and effort. The markets that provide you the biggest discrepancy between short term rental rates and traditional long term rental rates, the stronger the Airbnb demand in that market. Hot markets can see a revenue ratio differences of 2:1 or even 3:1 whereas in cold markets, you can see ratios closer to 1:1. [2023] - Symon He