Calculating Interest and the Daily Balance method

February 27, 2011


I was looking at the American Express High Yield Personal Savings Account and I realized I did not understand the difference between APR and APY. So today I took the time to learn the fundamentals of calculating interest. First off what does APR and APY represent? APR is the acronym for “Annual Percentage Rate” which […]

Posted in: Finance

Speed Reading Course for $55!!!

February 11, 2011


O M G, when I opened my inbox today my eyes flew wide open. “Up to 78% Off Speed-Reading Workshop” I was always interested in taking a speed-reading class. But speed reading classes are expensive, over $200. So when I saw Groupon was offering  78% coupon for a Speed Reading course you can bet your […]

Taking a look at Internal Rate of Return

September 7, 2010


After reading “Introduction to Internal Rate of Return (IRR)” by J Scott I decided to take a deeper look into IRR. I have learned the subject in school before, but I have forgotten its definition and purpose. I happened to come across the following interactive tutorials by Prof. Samuel L. Baker of University of South […]

Posted in: Analysis, Real Estate

Determining your desired CAP Rate

August 14, 2010


I was browsing through BiggerPockets forum and I came across a referral to an article explaining how to derive YOUR own CAP rate: What’s it Worth?- Deriving YOUR Capitalization Rate by Ray Alcorn. Why would you want to derive your own CAP rate? Because the CAP rate is the most popular way to gauge the […]

Posted in: Analysis, Real Estate

Types of Financing

August 9, 2010


I realized this week that getting financing from traditional lenders is not easy. Thus, this weekend I spent a considerable amount of time in front of my laptop searching for different types of financing. I came across a blog called Rev N You which contained a list of articles focused on financing. I would recommend […]

Posted in: Financing, Real Estate

I Buy Real Estate

August 2, 2010


Hello and welcome to my blog.  First thing you should know about me … I Buy Real Estate. This blog, for me, will be a collection of information gathered from various resources on that interest. My goal for this blog: as I learn more about real estate, this blog serves as a place for me […]

Posted in: Introduction