Quotes of the Day

While PPIs such as omeprazole (Prilosec), esomeprazole (Nexium), lansoprazole (Prevacid), pantaprazole (Protonix) and others may be somewhat more powerful acid suppressives than H2As, PPIs have many side effects including bloating, abdominal pain, and diarrhea, and are believed to be associated with osteoporosis (bone thinning and bone loss) and B12 deficiency. When PPIs are discontinued, many patients experience rebound, developing hyperacidity and recurrent reflux symptoms. There is reason to believe that the increasing rates of esophageal cancer may be related to the use of PPIs. [2014] - Jamie Koufman

Once you or your tenant move into the property, have the property reappraised and have the bank give you a line of credit against the home. Get the maximum line possible and decide where you want to invest it, when you're ready. Once you have your next property, you can put the potential positive cash flow into a savings account where you save another down payment for your next property, or you can pay down your line of credit to reuse it. If you can naturally save money and don't need to tap into this line, then do not, as you are still paying interest on it when you do, but it does allow you growth options. Repeat, perhaps once a year or every two years, whatever your plan may be. [2021] - Shazia Virani

If you want to become very rich, part of your strategy as a business owner is to be building the company the market wants, before the market wants it. [2000] - Robert T. Kiyosaki

If two properties are comparable in size and location, yet one property (on a dollar per sq. ft. basis) is much more expensive or much cheaper, it's your job to figure out why. The cheaper property may be in a slightly worse location. Or it could be on a noisier street, or near a garbage dump, or in a position where it gets less sun, etc. These are some of the things you'll need to determine to figure out value and possible rent rates. [2013] - Julie Broad

By placing stops at least 1 standard deviation from the current price you are ensuring that you are not being stopped out by random noise. By placing stops at least 2 standard deviations away you can be sure any stop that is hit is real. [2003] - Marcel Link