The academics wore quizzical expressions, and they were scribbling feverishly in their journals as if they were trying to apply complex economic formulas to my explanation.

Someone on this forum said Stessa can't do journal entries and that won't work for me. 

I'd like lots of rental income in my life :) You know it's funny but writing these responses, here on BP, has something of the clarifying effect of journaling. 

We may not see a better time to buy real estate in the rest of our lifetimes, but they kept telling people to sit out.You're right to push back on them, but remember that internet journalism is all about getting clicks.

Also a Wall Street journal or Bloomberg subscription is a cheap way to stay up to date with some economics and business, I’ve found that has giving me some well rounded perspective, although not specifically in real estate.

A good resource for those of us who live/work in the Sacramento region and for people from out of the area is the Sacramento Business Journal.

I read the Denver Business Journal because I am in Denver and I use FlipBook on my phone to keep informed on global issues.

http://www.journalofaccountancy.com/Issues/2013/De...Journal of Accountancy article on RE ProfessionalI'd say it is very important to keep a log. 

For anyone interested in buying or selling a property in Indianapolis, particularly in revitalizing areas such as Fountain Square and Fletcher Place, below is an Interesting article in this week's Indianapolis Business Journal about appraisals (see link).In short, with recent strong demand & price increases in some gentrifying neighborhoods, appraisers are quite cautious to give higher appraisal values for various reasons, including regulatory/legal reasons.Additionally, it is further compounded by the fact that sales prices and property values can change significantly in the matter of a few blocks in Indianapolis, so often it is very difficult for them to find true "comps".  

The Wall Street Journal is reporting that studies by Standard and Poors and John Burns Real Estate Consulting conclude that 70% of loan modifications done will delay but not prevent foreclosures.