Author: josh
In This Article As seasoned investors will tell you, the phrase “passive income” is largely an oxymoron—like the term “easy money” or, for Brit transplants like me, the sentence, “I think England can win the World Cup.” Amid soaring expenses, small investors are learning the hard way that passive income often equals massive headaches. However, five years ago, it seemed like all investors had to do was lie back on a deck chair by the pool and watch the cash flood in. Post-COVID-19 pandemic, interest rates were around 3%, rents were soaring, and everyone wanted a piece of the residential…
📬 Would you prefer to receive this information in your email inbox every morning before the markets open in New York? Sign up here. SCARYOpenAI models secretly broke out of a secure environment and hacked into a rival company to cheat on a test OpenAI said Tuesday that two of its AI models autonomously hacked their way out of a controlled environment where they were supposed to be walled off from internet access and then hacked their way into the systems of Hugging Face, a company that hosts open-source AI models, in order to cheat on an internal evaluation, according…
In This Article Foreword by Dave Meyer In a new era of real estate investing, the old rules of thumb no longer work. Back in the day of cheap homes and high rents, you could confidently use rent-to-price ratios (one month of rent divided by the purchase price) to estimate cash flow. If you hit the magical 1% target for rent-to-price or at least got close to it, you were good to go. Unfortunately, in today’s era of higher interest rates, insurance costs, taxes, and pretty much higher everything, those metrics no longer cut it. We need new metrics to…
Key takeaways: Concessions can help attract buyers without requiring a major price cut. Financial concessions, such as closing cost assistance or mortgage rate buydowns, can reduce a buyer’s upfront costs. According to Redfin data, seller concessions were offered in 46.2% of U.S. home sales this spring, near a record high. Selling a home often involves negotiation. One tool that can help you attract buyers, smooth out deal hiccups, and close faster without slashing your listing price is the seller concession. In today’s market, concessions have become an increasingly important tool for sellers. According to Redfin data, sellers offered concessions in…
J.P. Morgan Chase CEO Jamie Dimon says he is against investing his personal wealth any further into long-dated Treasury bills because of the potential for a bond market crisis brought on by the U.S.’s $39 trillion in national debt.Dimon has continually lobbied policymakers to take action over the debt—and they have continually disappointed him.In an appearance on the Master Investor podcast, Dimon was asked whether he would be a buyer of long-dated government bonds at the moment. “Personally, no,” he responded. “I know that the inflation numbers were good yesterday … the thing about numbers, you dig into these numbers,…
People move to Boston for different reasons. Some come for school, others for work, and plenty never planned on staying as long as they did. But ask someone who’s lived here for a few years what keeps them around, and the answers usually have less to do with famous landmarks and more to do with everyday life. It’s being able to walk almost everywhere. It’s having a favorite neighborhood bakery, spending a summer evening along the Charles, or taking the commuter rail out of the city for the weekend. If you’re browsing homes in Boston and considering a move to…
In This Article Editor’s Note: Thanks for reading! As a special offer for our readers, save $100 on your ticket to BPCON2026—BiggerPockets’ annual real estate investing conference—using code MYRE100 at checkout. Plot twist: Remember when everyone not so long ago declared that short-term rental investing was over because the market was saturated? Well, that appears to have changed, according to new data. High interest rates have been good for one thing as far as existing STR owners are concerned: eliminating the competition. According to the new midyear outlook from short-term rental analytics site AirDNA, high interest rates have kept potential investors from buying properties,…
📬 Would you prefer to receive this information in your email inbox every morning before the markets open in New York? Sign up here. ONE BIG THINGTrump’s Truth API and less frequent SEC filings could create a “rigged” market The proposal by Trump Media & Technology Group to sell access to President Trump’s posts on Truth Social milliseconds before they are made public, combined with a separate proposal to do away with quarterly earnings reporting to the SEC, could create a “a two-tiered market” where insiders get rich and ordinary investors will always be a step behind, sources told Fortune’s…
Miami has become one of the country’s hottest destinations for Americans looking to lower their tax bills and upgrade their lifestyles. But while looking to follow the lead of wealthy transplants and billionaires like Citadel CEO Ken Griffin snapping up the city’s luxe beachfront properties, experts say it’s becoming even harder for middle-class families to follow suit. The numbers help explain why so many affluent Americans are making the move—and how feasible it is for others to buy into. Florida had attracted more wealth from domestic movers than any other state in 2023, according to a Realtor.com analysis of IRS…
For 250 years, America benefited from one economic advantage so consistent it was easy to take for granted: the workforce kept growing. A steadily expanding labor force helped the economy adapt through recessions, technological shifts, and periods of disruption. That growth is about to end, and as a country, we have not fully reckoned with what that means. Indeed Hiring Lab research projects the US labor force could shrink by nearly 6 million workers by 2032. This is not a cyclical slowdown, but rather simple demographic math: The birth rate has been falling for decades, and Baby Boomers are retiring faster than…