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

If you're planning to sell your home within the next six months, then by all means consider replacing front door handles and locks. [2003] - Robert Irwin

Generally, the risk-reward ratio should be at least 1:2. A good habit of more successful traders is to employ the rule of moving your stop to break even as soon as your position has profited by the same amount that you initially risked through the stop order. At the same time, some traders may also choose to close a portion of their position. [2009] - Kathy Lien

Most grains can be prepared like rice. Rinse first, cover with water, bring to a boil, reduce to a simmer, and cook until soft. Use a two-to-one ratio for quinoa, amaranth, millet, and buckwheat; use a three-to-one ratio for oats and barley. Use too much water rather than too little. You can always pour off any excess. Get organic when you can. The toxic chemical sulfuryl fluoride is used as a pesticide when storing conventional grains, fruit, and nuts. [2009] - Frances Sheridan Goulart

If you don't specify a specific check-out time, Airbnb defaults it to 12 p.m. local time. However, 12 p.m. may not give you or your cleaner enough time to clean, sanitize, and turn the property over before the next guest checks in, typically by 3 or 4 p.m. We recommend most hosts start with an 11 a.m. check-out time. Any earlier and you'll make your listing unappealing to potential guests. Make sure you clearly state your check-out time in your listing, in your house manual, and in your check-out communications. [2023] - Symon He