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VACATION RENTALS

THE ULTIMATE GUIDE: MY WEALTH-CREATING SECRETS WITH LITTLE TO NO MONEY DOWN!

A cheerful and useful real estate business book.

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An owner of rental properties offers a debut that blends memoir and business advice.

In this book, VanDergrift shares her own story of becoming a real estate investor and provides tips for readers who are interested in doing the same. The first half describes how she found, acquired, and renovated properties in multiple states. Each chapter ends with a list of relevant lessons, but the section focuses mainly on the author’s frustration with unresponsive contractors, her satisfaction at transforming neglected houses into coveted destinations, and her apprehension while navigating changes in zoning rules. In the book’s second half, VanDergrift moves into a more solutions-oriented approach, listing reasons why purchasing, maintaining, and marketing properties for short-term rentals is a solid moneymaking idea and explaining the mechanics of how to do so. Overall, VanDergrift is an engaging writer whose enthusiasm for her chosen field is evident throughout this work. Some of her reasons why readers should get into the business seem like a bit of a stretch (“You will literally get a hit of dopamine every time that you see a new booking on your computer screen or phone!”), but the book also makes a solid case for its financial benefits. There’s also plenty of concrete, actionable information here, including instruction on developing a business plan; explanations of major rental platforms, such as Airbnb and Vrbo; and the mechanics of the purchase process from offer to closing. The book does an excellent job of addressing the particular challenges of owning rental properties outside one’s local area, which is a particular challenge for those who don’t live in vacation hot spots. At several points, the author addresses the ongoing Covid-19 pandemic and how it has, and has not, changed her own business.

A cheerful and useful real estate business book.

Pub Date: Feb. 1, 2021

ISBN: 978-1-98-226212-9

Page Count: 160

Publisher: BalboaPress

Review Posted Online: June 2, 2021

Kirkus Reviews Issue: July 1, 2021

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THINKING, FAST AND SLOW

Striking research showing the immense complexity of ordinary thought and revealing the identities of the gatekeepers in our...

A psychologist and Nobel Prize winner summarizes and synthesizes the recent decades of research on intuition and systematic thinking.

The author of several scholarly texts, Kahneman (Emeritus Psychology and Public Affairs/Princeton Univ.) now offers general readers not just the findings of psychological research but also a better understanding of how research questions arise and how scholars systematically frame and answer them. He begins with the distinction between System 1 and System 2 mental operations, the former referring to quick, automatic thought, the latter to more effortful, overt thinking. We rely heavily, writes, on System 1, resorting to the higher-energy System 2 only when we need or want to. Kahneman continually refers to System 2 as “lazy”: We don’t want to think rigorously about something. The author then explores the nuances of our two-system minds, showing how they perform in various situations. Psychological experiments have repeatedly revealed that our intuitions are generally wrong, that our assessments are based on biases and that our System 1 hates doubt and despises ambiguity. Kahneman largely avoids jargon; when he does use some (“heuristics,” for example), he argues that such terms really ought to join our everyday vocabulary. He reviews many fundamental concepts in psychology and statistics (regression to the mean, the narrative fallacy, the optimistic bias), showing how they relate to his overall concerns about how we think and why we make the decisions that we do. Some of the later chapters (dealing with risk-taking and statistics and probabilities) are denser than others (some readers may resent such demands on System 2!), but the passages that deal with the economic and political implications of the research are gripping.

Striking research showing the immense complexity of ordinary thought and revealing the identities of the gatekeepers in our minds.

Pub Date: Nov. 1, 2011

ISBN: 978-0-374-27563-1

Page Count: 512

Publisher: Farrar, Straus and Giroux

Review Posted Online: Sept. 3, 2011

Kirkus Reviews Issue: Sept. 15, 2011

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  • New York Times Bestseller

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ABUNDANCE

Cogent, well-timed ideas for meeting today’s biggest challenges.

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  • New York Times Bestseller

Helping liberals get out of their own way.

Klein, a New York Times columnist, and Thompson, an Atlantic staffer, lean to the left, but they aren’t interrogating the usual suspects. Aware that many conservatives have no interest in their opinions, the authors target their own side’s “pathologies.” Why do red states greenlight the kind of renewable energy projects that often languish in blue states? Why does liberal California have the nation’s most severe homelessness and housing affordability crises? One big reason: Liberal leadership has ensnared itself in a web of well-intentioned yet often onerous “goals, standards, and rules.” This “procedural kludge,” partially shaped by lawyers who pioneered a “democracy by lawsuit” strategy in the 1960s, threatens to stymie key breakthroughs. Consider the anti-pollution laws passed after World War II. In the decades since, homeowners’ groups in liberal locales have cited such statutes in lawsuits meant to stop new affordable housing. Today, these laws “block the clean energy projects” required to tackle climate change. Nuclear energy is “inarguably safer” than the fossil fuel variety, but because Washington doesn’t always “properly weigh risk,” it almost never builds new reactors. Meanwhile, technologies that may cure disease or slash the carbon footprint of cement production benefit from government support, but too often the grant process “rewards caution and punishes outsider thinking.” The authors call this style of governing “everything-bagel liberalism,” so named because of its many government mandates. Instead, they envision “a politics of abundance” that would remake travel, work, and health. This won’t happen without “changing the processes that make building and inventing so hard.” It’s time, then, to scrutinize everything from municipal zoning regulations to the paperwork requirements for scientists getting federal funding. The authors’ debut as a duo is very smart and eminently useful.

Cogent, well-timed ideas for meeting today’s biggest challenges.

Pub Date: March 18, 2025

ISBN: 9781668023488

Page Count: 288

Publisher: Avid Reader Press

Review Posted Online: Jan. 16, 2025

Kirkus Reviews Issue: Feb. 15, 2025

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