This is where we talk about the best personal finance and real estate articles across the web.
Do you have any suggestions for next week's roundup? Comment below.
6 Genius Ways For Investors To Make The Most Of Social Media
I'm so guilty of not using social media enough. I think people fall into one of two categories:
- 1They use social media to connect with friends/family and often get lost in the sauce reading memes and watching videos
- 2They realize that social media is terrible and avoid it completely
I'm more of a #2 person but sometimes get drawn into #1. Regardless, both ways are the wrong way to approach social media.
If you run a business, you really need to time block social media into your calendar.
Basically, set a time, get on there, do what you need to do, then get back to other tasks.
You'll avoid all the memes, motivational quotes, and videos about the latest #challenge. But, you'll get on and talk about your business to all the people who do fall into category #1!
Does a House Flip Have to Be in Perfect Shape to Sell?
Often, we fall into the trap of being perfectionist. It's true with house flips, rentals, and other things.
I really liked this article because it points out that your investment property doesn't need to be perfect.
You really need to look at the cost/benefit ratio. The cost of that last 10% is really high, but the value is really low. So, focus on making in great, but not perfect.
Tips to Help You Invest in Vacation Rentals the Right Way
I've always thought that vacation rentals are a great business, I just haven't every bought any.
I stayed at an AirBnB in Japan earlier this year, and I thought about how amazing it would be to own some condos in a bunch of different cities around the country and world, so I could turn my travel into a full time business!
Well, I have to get my head out of the clouds and get back to reality. Regardless though, this is a great article about getting started in vacation rentals.