Quotes of the Day

The 5% Rule - Annual Cash Flow = Annual Rent – (Annual Mortgage Payments + Property Taxes + Insurance + Other Fixed Expenses). Minimum Cash Flow (%) = (Annual Cash Flow ÷ Down Payment) × 100 Benchmarks: 5–6% = Moderate Risk, 7–9% = Moderate-to-Low Risk, 10%+ = Low Risk. Adjust until it either passes or proves it’s not a good deal: 1) Put more money down but keep in mind this will also reduce your return on investment (ROI); 2) Stretch the amortization (a longer amortization period such as 30 years vs. 25 lowers your monthly mortgage payment); 3) Negotiate a better price; 4) Increase the rent (if realistic) [2025] - Wayne Hillier

Negotiating a deal can only take place when there are two parties. If you wait too long, the other party may already have negotiated a deal with someone else. [2006] - Robert Irwin

Some people react to anxiety not by withdrawing, but by seeking attachment to a someone who isn't a good fit for them or doesn't reciprocate their feelings. It's natural to want to be liked and accepted, particularly for people who struggle with self-doubt and low self-esteem. But sometimes getting caught up in wanting to be liked detracts from the equally important issue of deciding whether the other person is someone you want to be with. [2014] - Shannon Kolakowski

In researching salaries, you should also take note of the fact that most governmental agencies have civil service positions paralleling those in private industry--and government job descriptions and pay ranges are available to the public. [2013] - Richard N. Bolles

One large-scale survey found that the more interactive devices subjects used during the hour before bedtime, the more difficulties they had falling asleep and staying asleep-whereas passive devices such as TV, electronic music players, and best of all, books were less likely to be associated with poor asleep. Turn off the computer and put away your phone at least an hour before bedtime. [2023] - Peter Attia