http://team803.com/blog Community of like-minded and like-hearted real estate investors Wed, 08 Apr 2009 21:54:44 +0000 http://backend.userland.com/rss092 en Change – it’s the one constant                   I want to address the President’s Inaugural Address to assist in ‘doing the math’ as it were.  I will highlight the key phrases that have a bearing on where we are currently and where I think we will be in the future should we ... http://team803.com/blog/2009/04/change-%e2%80%93-it%e2%80%99s-the-one-constant/ Banking Interest Rates   How does it work...to benefit you?   Interest rate works both ways on a decreasing balance (amortized) and on an increasing balance (Compounding) at the same time. What?? Everything you do is being financed, either by your own money or by an institution such as a bank, in the form of ... http://team803.com/blog/2009/03/banking-interest-rates-how-does-it-work-to-benefit-you/ Upon the sale of your property, you usually have to pay taxes on the capital gain you earned. However, under IRS Code Section 1031, you are provided an incentive by the IRS to postpone paying taxes on capital gains only if you reinvest the proceeds you earned in a like-kinded ... http://team803.com/blog/2008/09/real-estate-tax-tip-%e2%80%93-deferring-taxes-from-real-estate-exchange/ In 1906, an Italian economist, Vilfredo Pareto, noticed that 80% of the wealth generated in Italy was owned by the top 20% of the population. In the 1940s, a business management expert, Dr. Joseph Juran, observed similar phenomena in other areas of businesses, and credited Pareto by calling it the ... http://team803.com/blog/2008/09/what-is-80-20-rule/ A new Military Retirement Plan is in the works.  Using a computer model, the current system will offer “piles of cash” at critical career points to entice service members to stay or leave the force depending on the critical skills of the service individual.  Citing cost efficiencies, the plan offers ... http://team803.com/blog/2008/09/military-retirement-plan-to-change-soon-5-years/ You finance every purchase that you make in life. When you borrow money to purchase something, you pay interest on the balance you owe. When you pay cash, you lose the potential interest through investment on the cash itself. A smart investor leverages OPM (Other People Money) to make more ... http://team803.com/blog/2008/08/credit-score-myths-vs-facts/ A very simple way to understand time value of money is assuming I have $100 to give to you, do you rather have it today or 6 month from now? 1 year from now? Thus, money today is worth more than money in the future; when you have the money in ... http://team803.com/blog/2008/08/time-value-of-money/ More than 7 out of every 10 Americans (71%) would accept a job that pays less but provides health insurance and includes a defined benefit pension plan rather than take a job that pays more income but lacks both health insurance and a pension benefit (source: Time Magazine). http://team803.com/blog/2008/08/what-is-really-important/ The cost of living (as measured by the consumer price index) in the USA increased +24% in the decade of the 50s, +28% in the 60s, +103% in the 70s, +64% in the 80s and +33% in the 90s. For the first 8 years of the current decade (2000-07), the cost ... http://team803.com/blog/2008/08/the-effect-of-inflation-on-the-cost-of-living/