Previously we discussed the concept of “Opportunity Cost”. If you choose to do one thing, you forgo many other choices. This “cost” is true whether it is money, time or any other asset. We talked about the opportunity cost of going on a ‘once in a lifetime’ 10 day trip to the 75th anniversary of [...]
Now that September 2020 is completed, TMP is still comfortably in second place in “The Financial League”. TheMonopolyProject (TMP) showed a $1,003 jump due to increases in home valuations in the Phoenix area. Even though we’re up 26 thousand dollars in a little more than a year, we’re staying levelheaded. We don’t [...]
Should you start your own ‘Monopoly Project’? Should you start acquiring rental properties? In this series we examine ways to start your own “Monopoly Project”. In our first post of this series, we explained by the first thing you should do is to get into shape – Financial Shape. We used Dave Ramsey’s “Seven Baby [...]
Previously we discussed the concept of “Opportunity Cost”. If you choose to do one thing, you forgo many other choices. This “cost” is true whether it is money, time or any other asset. We talked about the opportunity cost of going on a ‘once in a lifetime’ 10 day trip to the 75th anniversary of [...]
Now that August 2020 is completed, TMP is still comfortably in second place in “The Financial League”. TheMonopolyProject (TMP) showed a $3,000 plus jump due to increases in home valuations in the Phoenix area. The big starfor the month was the stock market. ‘VTSAX – Vanguard’s Total Stock Market Index’ jumped about $8,000; over 7 [...]
Previously we reported that Realtor.com recorded a $21,400 jump in value of TMP house on Valencia in one month:TheMonopolyProject (TMP) showed a huge $8,690 jump due to increases in the estimated value by Zillow and Realtor. Over $21,000 in the case of Realtor.com! In one month!We did our own quick analysis using the “comp” method:“When [...]
Now that July 2020 is completed, TMP is still comfortably in second place in “The Financial League”. TheMonopolyProject (TMP) showed a huge $8,690 jump due to increases in the estimated value by Zillow and Realtor. Over $21,000 in the case of Realtor.com! In one month! ‘Gold’ extended it’s First Place lead by gaining another $14,824 [...]
Now that June 2020 is completed, TMP is comfortably in second place in “The Financial League”. ‘Gold’ extended it’s First Place lead by gaining another $3,500 this month during the COVID19 and now riot era. TheMonopolyProject retained 2nd place with an incremental loss of $200. Here’s the last six months: TheMonopolyProject formula [...]
Now that May 2020 is completed, TMP is still in second place in “The Financial League”. ‘Gold’ is still solidly in First Placeand has gained another $4,000 this month during the COVID19 and now riot era. TheMonopolyProject retained2ndplace with an incremental gain. Equities (VTSAX - Total Stock Market Index Fund) continued their rebound and are [...]
Does a swimming pool add to the value of a rental house? Our Realtor Jeff Sutherlin of EXP Realty had a listing over the weekend that includes a pool (sold in one day, call Jeff if you need a Realtor in Phoenix, Arizona). Is a pool a net positive in [...]
