Podcast
Key Insights for Those Buying Real Estate as an Income-Generating Investment
by Charles Hugh Smith, contributing editor
Monday, February 27, 2012
Executive Summary
- Determining true net cash flow from your investment
- The myth of “passive” ownership of real estate
- The criticality of finding the right tenants
- How important, really, is location?
Part I: Is Housing an Attractive Investment?
If you have not yet read Part I, available free to all readers, please click here to read it first.
Part II: Key Insights for Those Buying Real Estate as an Income-Generating Investment
In Part I, we looked at a variety of factors affecting the demand for housing, both resident-occupied homes and rental properties, because demand ultimately establishes valuation and price for both sales and rentals. In Part II, we address the many issues investors have to consider when they buy real estate for income generation (i.e., they become landlords or absentee owners).
As someone who has owned rental property for over 25 years, I have seen the pitfalls and the positives. As with all investments, it’s prudent to go in with eyes wide open and to ask, am I prepared if the future doesn’t unfold as anticipated?
Key Insights for Those Buying Real Estate as an Income-Generating Investment
PREVIEW by charleshughsmithKey Insights for Those Buying Real Estate as an Income-Generating Investment
by Charles Hugh Smith, contributing editor
Monday, February 27, 2012
Executive Summary
- Determining true net cash flow from your investment
- The myth of “passive” ownership of real estate
- The criticality of finding the right tenants
- How important, really, is location?
Part I: Is Housing an Attractive Investment?
If you have not yet read Part I, available free to all readers, please click here to read it first.
Part II: Key Insights for Those Buying Real Estate as an Income-Generating Investment
In Part I, we looked at a variety of factors affecting the demand for housing, both resident-occupied homes and rental properties, because demand ultimately establishes valuation and price for both sales and rentals. In Part II, we address the many issues investors have to consider when they buy real estate for income generation (i.e., they become landlords or absentee owners).
As someone who has owned rental property for over 25 years, I have seen the pitfalls and the positives. As with all investments, it’s prudent to go in with eyes wide open and to ask, am I prepared if the future doesn’t unfold as anticipated?
Part I – Practical Survival Equipment
In this segment of the Emergency Assessment series, we’re going to discuss equipment, but not in a way that is commonly seen.
We’re going to take the information from the previous segment (Understanding Emergencies) and set up some definitions that we will use to frame what we need in order to meet emergencies head on. If you have not yet read that article, please take a few minutes to read it now, because this article builds on the knowledge gained in the previous one.
Most of the time, this discussion focuses on what you hear when you hear “survivalists” consider their options. Typically it’s the equipment: What rifle for deer? What (this) to accomplish (that)? Our section on equipment is intentionally placed halfway through this article, because before we decide on any sort of equipment, it’s imperative that we shape our demands, and our demands are not equipment — our demands are skills. A set of lock picks aren’t going to do you any good if you’re trying to escape a dead city and you can't tell a rake from a torsion wrench.
In short, our priorities are:
- A cogent assessment of the situation
- A detailed plan on what you have, lack, and need, in terms of skill set, mindset, and know-how
- The skills to perform the given task
- The tools to perform the given task
Understanding Emergencies: Every Day Carry and Survival Equipment
by Aaron MPart I – Practical Survival Equipment
In this segment of the Emergency Assessment series, we’re going to discuss equipment, but not in a way that is commonly seen.
We’re going to take the information from the previous segment (Understanding Emergencies) and set up some definitions that we will use to frame what we need in order to meet emergencies head on. If you have not yet read that article, please take a few minutes to read it now, because this article builds on the knowledge gained in the previous one.
Most of the time, this discussion focuses on what you hear when you hear “survivalists” consider their options. Typically it’s the equipment: What rifle for deer? What (this) to accomplish (that)? Our section on equipment is intentionally placed halfway through this article, because before we decide on any sort of equipment, it’s imperative that we shape our demands, and our demands are not equipment — our demands are skills. A set of lock picks aren’t going to do you any good if you’re trying to escape a dead city and you can't tell a rake from a torsion wrench.
In short, our priorities are:
- A cogent assessment of the situation
- A detailed plan on what you have, lack, and need, in terms of skill set, mindset, and know-how
- The skills to perform the given task
- The tools to perform the given task
Preparing for a Future Defined by Peak Oil
Wednesday, February 22, 2012
Executive Summary
- How the math shows that the Bakken will not make us “energy independent”
- Why the harsh constraints of Peak Oil are a near certainty for the US and its economic growth
- What a world impacted by Peak Oil will likely be like
- Why 2013 looks like the year Peak Oil will become globally acknowledged
- What you should be doing (with your investments and lifestyle) in advance of the full force of Peak Oil’s arrival
Part I: Dangerous Ideas
If you have not yet read Part I, available free to all readers, please click here to read it first.
Part II: Preparing for a Future Defined by Peak Oil
In Part I of this report , we discussed the odd push by some media outlets and Citibank to declare Peak Oil ‘over’ based on the exciting results coming from the Bakken shale oil play. While I, too, think the shale oil plays are exciting, and they certainly will help to mitigate the impact of Peak Oil to some extent, the idea that we can now relegate Peak Oil to the dustbin is a dangerous idea.
Since I have been asked by many of you to analyze the Bakken results, I will do so here with enough context and data to estimate its impact on future oil prices. Then we’ll cover the implications of all this on our responses and actions.
Preparing for a Future Defined by Peak Oil
PREVIEW by Chris MartensonPreparing for a Future Defined by Peak Oil
Wednesday, February 22, 2012
Executive Summary
- How the math shows that the Bakken will not make us “energy independent”
- Why the harsh constraints of Peak Oil are a near certainty for the US and its economic growth
- What a world impacted by Peak Oil will likely be like
- Why 2013 looks like the year Peak Oil will become globally acknowledged
- What you should be doing (with your investments and lifestyle) in advance of the full force of Peak Oil’s arrival
Part I: Dangerous Ideas
If you have not yet read Part I, available free to all readers, please click here to read it first.
Part II: Preparing for a Future Defined by Peak Oil
In Part I of this report , we discussed the odd push by some media outlets and Citibank to declare Peak Oil ‘over’ based on the exciting results coming from the Bakken shale oil play. While I, too, think the shale oil plays are exciting, and they certainly will help to mitigate the impact of Peak Oil to some extent, the idea that we can now relegate Peak Oil to the dustbin is a dangerous idea.
Since I have been asked by many of you to analyze the Bakken results, I will do so here with enough context and data to estimate its impact on future oil prices. Then we’ll cover the implications of all this on our responses and actions.