Nothing is more exciting than going on a vacation, especially if your adventures take you overseas. There’s just one problem: You live far from the airport and a rideshare is going to cost you big bucks. Instead, you decide to drive, but parking at airports can be confusing.
One place where this is true is at Los Angeles International Airport (LAX). If you’re trying to find LAX airport parking, keep reading — we’ll outline the options available, as well as how to reserve a place to park and save money while doing it.
How much is parking at LAX airport?
LAX airport parking rates vary depending on where you leave your car. There’s a range of LAX-run options available, with pricing as low as $13 per day or as much as $75 daily.
Official parking at LAX airport
LAX offers a variety of parking options for travelers, no matter how long you’ll be gone. Electric vehicle parking is available in all garages (except at garage seven).
Here are the costs for parking at an official LAX lot:
Terminal parking: First hour $9, max daily rate $60, prebook from $56 a day.
Economy parking: First hour $8, max daily rate $35, prebook rate from $15 a day.
Valet terminal: $75 daily rate, prebook from $32 a day.
Budget parking: $5 hourly rate, max daily rate $20, prebook rate from $13 a day.
EV terminal: Service fee $2, 45 cents per kilowatt-hour.
To park your car at an official LAX lot, your best bet is to reserve a spot in advance. Not only does this guarantee a spot when you arrive, you’ll save money, too. This can be done via the LAX website.
Short- and long-term parking at LAX airport
Long-term parking at LAX is available at all of its lots, though if you’re planning on being gone for a while, you may want to consider one of the less expensive options. The budget parking lot can be prebooked for $13 per day and includes a free shuttle.
The economy lot is another option. Closer than the budget lot, the economy lot can be prebooked for $15 per day and includes a complimentary shuttle service.
You may not want to pay for a full day’s parking at the airport, especially if you’re just picking up someone who’s arriving. If that’s the case, consider timing your arrival with theirs so that you can wait in the cellphone lot or simply drive up to the curb.
🤓Nerdy Tip
The terminal garages, which are directly across the street from each terminal, allow free parking for 15 minutes. If you are picking someone up at LAX, this can be a good option so you don’t have to wait in traffic and loop around the airport again.
If you would rather park, terminal garages are located at every terminal and cost $9 per hour, with an additional $7 for every extra 30 minutes.
Off-site lots
Although LAX offers plenty of its own parking, you don’t need to limit yourself to airport-run lots. The area around the airport is filled with hotels and third-party parking lots that offer parking.
Consider nearby hotels with shuttle service
One option is to park at an airport hotel. For example, you can park at the Hilton Los Angeles Airport in its indoor parking garage from $12.95 per day. The property offers a complimentary shuttle to and from LAX, making it simple to get around.
🤓Nerdy Tip
Make sure the hotel offers complimentary shuttle service at the times when you are departing and arriving. Some hotels don’t offer shuttle service during off-peak hours.
Parking at a hotel can serve double duty, too. If you have an early flight or return late, you’ll be able to take the property’s shuttle directly to the hotel and stay overnight. It’s better than paying for parking at a separate lot, then, picking up your car and moving it to the hotel, which would result in paying twice to park your vehicle.
Leave your car at a FlyAway bus stop
To avoid the traffic in and around the airport, you might consider parking off-site and taking the FlyAway bus service to and from the airport.
One of the least expensive options for parking is the Van Nuys FlyAway stop, which is 24 miles from LAX. The max daily rate to park there is $6. The FlyAway bus also picks up from Union Station in downtown Los Angeles, and the parking there is $8 per day. Keep in mind, if you use the FlyAway bus, you will need to pay an additional $9.75 each way for the shuttle to and from the airport.
How specialized search engines can help
With so many parking lots in the vicinity of LAX, it can be overwhelming trying to find one that suits your needs. Parking lot aggregators such as SpotHero can be helpful in these circumstances.
Not only will you have access to pricing from multiple parking lots with one search, but you’ll also be able to see what kind of parking situation you’ll have, as well as ratings from customers. SpotHero also shows the operating hours of the parking lot, whether you’ll have entry and exit privileges and if the lot offers shuttles to the airport.
Tips for saving money on parking at LAX
No one likes paying for parking, but there are ways to save money when parking at LAX.
Use a travel credit card
If you’re looking to maximize the rewards you’ll earn when paying for parking, this is a good card to use. Even better, however, is that the Chase Sapphire Reserve® offers a $300 annual travel credit valid toward parking lot charges. This credit is applied automatically; you simply need to use your card to pay for the cost.
Chase Sapphire Reserve®
NerdWallet Rating
Annual fee
$550
Consider rideshares
Depending on how long you’ll be gone, it may make more sense to use a rideshare than to park your car. Remember, parking on-site at LAX costs a minimum of $20 per day (if you don’t prebook a spot). Look at rideshare options, including shared shuttles, to see whether leaving your car at home is a better solution.
Look at public transit
Los Angeles isn’t known for its public transit options, but they’re still there. If you’re looking to save some cash, consider using the bus or the Metro line to head to LAX. With costs as low as $1.75 one way to use the Metro, it’s significantly cheaper than parking your car at the airport.
LAX airport parking recapped
Navigating the parking situation at an airport can be stressful, especially if you’re not prepared. If you’re driving to LAX and want to park your car, you have plenty of options.
Before you go, do your research to find a lot that suits your needs — and prebook your spot to save on the costs.
Net interest income was also on the rise on a quarterly basis thanks to increases in deferred guaranty fee income and interest income from portfolios. The single-family conventional side formed the bulk of Fannie’s acquisition volume in Q2, rising from $62.3 billion in the first quarter to $85.9 billion this time around. The GSE said … [Read more…]
It’s almost become a trope at this point. Your friend’s aunt bought some Apple stock way back when and now lives full-time on a yacht. Or your cousin knows somebody who knows somebody who bought some Microsoft stock for a few dollars a share in the ’80s, and now they’re a multimillionaire.
These stories are practically the stuff of urban legend. But if you’re looking to buy a first tech stock or want to add some diversity to your portfolio, you may find the reality to be slightly different from the stories. There are many kinds of tech stocks, each with its own performance trends, pros, and cons. Here are a few fundamental truths worth knowing about investing in tech stocks.
Why Investors Are Investing in Technology
Much of the recent growth in the stock market overall has been concentrated in the shares of technology companies. Technology stocks, as measured by the S&P Technology Select Sector Index, rose 129.8%, or 18.11% annually, during the past five years. In contrast, during that period, the broad S&P 500 Index grew by 60.2%, or 9.9% annually.
The top five most valuable companies in the S&P 500 are technology-related companies. These firms — Apple, Microsoft, Alphabet (the parent company of Google), Amazon, and Tesla — have an average market capitalization, or overall stock value, near $1 trillion or more. And during the past five years, the stocks of these companies have experienced substantial growth.
Five Largest Companies in the S&P 500 Index
Company
Ticker
Market Cap*
5-year growth*
Apple
AAPL
$2.5 trillion
302.5%
Microsoft
MSFT
$1.9 trillion
256.0%
Alphabet
GOOGL
$1.4 trillion
134.7%
Amazon
AMZN
$1.3 trillion
170.6%
Tesla
TSLA
$868.5 billion
1,104.6%
*As of Sep. 2, 2022
Investors flock to technology companies, especially the previously mentioned tech giants, because they’re often considered solid businesses.
The products of technology companies — especially software companies — are relatively cheap to reproduce but can be quite expensive to buy. Apple, for example, prices iPhones ahead of their competitors, sells a lot of them, and then operates an ecosystem of apps and services that generate steady revenue. Amazon’s success is attributed to the effectiveness of its operations and low prices. For Alphabet, the sheer scope of its networks and the popularity of its services allows them to sell more ads than its competitors.
Aside from the giants that have established business models, many investors pour money into tech companies due to the promise of future earnings. Even when tech companies are not profitable or see regular cash flows, investors will still support the stocks because of the potential for future earnings. Companies like Amazon and Tesla took years before they turned steady profits.
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Popular Technology Stocks to Own
The technology industry is incredibly diverse. Beyond the five companies mentioned above, these are some of investors’ most widely held technology stocks.
Companies in the S&P Technology Select Sector Index
Company
Ticker
Technology Sector
Market Cap*
5-year growth*
Nvidia
NVDA
Semiconductors
$539.4 billion
233.8%
Broadcom
AVGO
Semiconductors
$198.7 billion
104.7%
Adobe
ADBE
Software
$219.7 billion
137.0%
Cisco Systems
CSCO
Communications Equipment
$187.5 billion
41.6%
Salesforce
CRM
Software
$153.5 billion
59.9%
*As of Sep. 2, 2022
How Can You Invest in Tech Stocks?
At the most basic level, you can invest in tech stock by buying the individual stocks of an appealing company.
Another way to invest in tech is by trading technology-focused exchange-traded funds (ETFs) or mutual funds. Tech ETFs and mutual funds allow investors to diversify their investments in a single security, which may be less risky than buying a specific company’s stock.
If you are interested in a particular tech sector — like artificial intelligence or green tech — you can invest in more targeted funds rather than broad-based technology-focused ETFs.
Different Sectors for Technological Investment
The technology industry is vast, filled with companies specializing in different areas of the market. For an investor, this means it’s possible to diversify, investing in tech stocks across various sectors.
Artificial Intelligence
Artificial intelligence (AI), which refers to ways that computers can process data and automate decision-making that humans would otherwise do, is a burgeoning tech sector. Many companies are operating in this sector, using new technologies to support fields like finance and healthcare. Artificial Intelligence, along with the related field of Machine Learning (ML), has long been one of the most exciting technology areas.
Transportation
Another bustling sector of the industry is transportation. Tech underlies all transportation, and some of the most exciting companies are building electric cars, creating the batteries and software that support the navigation and operational systems in automobiles, or using software to connect drivers and passengers.
💡 Recommended: Investing in Transportation Stocks for Beginners
Streaming
Streaming companies have completely revolutionized the entertainment industry. These companies offer direct-to-consumer content, including shows and movies, that is bundled in a monthly subscription. There are standalone streaming companies, companies that include streaming as an ever-growing part of their business, and companies that build digital and physical infrastructure to support streaming services.
Information Technology
Information technology (IT) is one of the broadest and most valuable sectors of the technology industry. It typically refers to how businesses store, transmit, and use information and data within and between networks of computers.
Semiconductor Technology
Semiconductors are arguably the foundation of all technology. Semiconductor companies make components found in phones, computers, and other electronic devices. The manufacturing process for semiconductors is incredibly precise and expensive, making the industry ruthlessly competitive.
Web 3.0
In recent years, cryptocurrency, blockchain technology, and Web 3.0 have been the focus of many investors. That’s because computer engineers and companies are now developing new technologies that will allow users to interact with the web in a more interactive, personal, and secure way. These new technologies, like blockchain, crypto, and the metaverse, may usher in new opportunities for investors.
💡 Recommended: Web 3.0 Guide for Beginners
Evaluating a Tech Stock Before Investing
When investing, you must carefully evaluate the stocks you’re interested in.
Technology companies, in particular, tend to have high price-to-earnings (P/E) ratios, meaning that the company’s profits may seem low compared to the price of their shares. This is often because investors are expecting rapid future growth.
Other key metrics include price-to-sales, which compares the stock price to the company’s revenue. This is something to consider in the case of a fast-growing company that doesn’t yet have substantial profits.
Another critical factor is the company’s overall revenue growth — the pace at which revenue increases year-over-year or even quarter-over-quarter.
A more detailed metric that can be useful for tech companies is “gross margins,” which is the difference between a company’s revenue or sales and the cost of generating those sales, divided by total revenue. The resulting percentage indicates whether the company can make money on the actual product it sells and how much. If the company’s other costs can go down as a percentage of total revenue, profits can grow more quickly.
💡 Recommended: The Ultimate List of Financial Ratios
Pros of Adding Tech Stocks to a Portfolio
There are many benefits to investing in tech stocks, most notably attractive returns. With artificial intelligence, blockchain, and Web 3.0 technologies on the horizon, there are increasing opportunities to invest in this sector. These are some possible benefits of adding tech stocks to a portfolio.
• There are many blue chip tech companies. Blue chip stocks typically refer to stocks from long-established companies with good returns. Today’s blue chips include huge tech companies like Apple, Alphabet, and Amazon.
• Some tech stocks pay dividends. There can be benefits to dividend-paying stocks, including consistent earnings, which might indicate that the company is positioned to deliver strong performance.
• Investors can buy shares in things they use. Most people use some tech in their daily routines. You might have a smartphone, or a laptop, hop on a social network, or order groceries or clothing online. With a tech stock, investors can buy a little piece of the companies they know and like.
• It’s easy to diversify in tech. Tech stocks aren’t a monolith. Investors can add diversity to their portfolio by purchasing different aspects of the tech sector, for example, buying stock in social media companies, smartphone glass manufacturers, hardware makers, software companies, and even green tech companies.
A great thing about the tech sector investing space is that there’s so much of it out there, and investors should be able to find something that works for their goals, ambition, and knowledge base.
💡 Recommended: How to Invest in Web 3.0 for Beginners
Cons of Investing in Technology
All stocks come with their own risks and potential downsides. Tech stocks are no different. As with any stock purchase, it’s helpful to do a good amount of research before buying a stock. Take these considerations into account before deciding to pull the trigger on a tech stock.
• The potential for tech backlash. Some experts think increased regulation and government scrutiny could lead to a backlash against tech stocks that could affect their prospects. They cite 2018’s passage of the European Union’s General Data Protection Regulation (GDPR) and Facebook’s hearings before Congress as evidence that even more regulation might be coming in the future. But like many other sectors of the stock market, various tech stocks react differently in the face of volatility.
• Buying what you know can be complicated. You might have a solid grasp on some social media giants, for example, but some of the nuances of emerging semiconductor firms might be a little harder to wrap your head around. You may have to ask yourself if you want to invest in a company that you might not fully understand.
• Stocks may be priced too high. Some tech companies, like Amazon and Google, often have shares that venture into the four figures, so for a first-time tech stock investor, those companies may feel out of reach. However, many tech companies occasionally engage in a stock split to decrease their share prices.
Do You See the Most Returns When Investing in Tech Stocks?
Most returns when investing in tech stock can vary depending on the specific company and the current market conditions. Nonetheless, many investors believe that tech stocks generally have a higher potential for growth than other types of stocks, making them a good choice for those looking to generate returns. During the past five years, technology stocks rose a total of 129.8%, while the broad S&P 500 Index grew by 60.2%.
But just because tech stocks have outperformed other industries, it doesn’t mean that it will always be that way. During 2022, for example, tech stocks have declined 22.7% through Aug., while the S&P 500 fell 16.8% year-to-date.
💡 Recommended: Lessons From the Dotcom Bubble
How Frequently Should You Invest in Tech Stocks?
The frequency you invest in tech stocks will depend on your individual investment goals and risk tolerance. Some investors may choose to trade tech stocks monthly or quarterly to take advantage of any short-term price fluctuations. Others may invest in tech stocks on a more long-term basis, holding onto their shares for several years to benefit from any potential long-term growth.
What Percentage of Your Portfolio Should Be Tech Stocks?
The percentage of a portfolio allocated to tech stocks differs for every investor. Some experts recommend that investors allocate no more than 20-30% of their investment portfolio to tech stocks, but this percentage may be higher or lower depending on the investor’s risk tolerance, investment goals, and other factors.
Mistakes to Avoid When Investing in Tech Stocks
Many investors are drawn to tech stocks because of the potential for a significant return. But the allure of large gains may cause investors to take on too much risk or lose sight of their overall investment goals.
For example, you don’t want to invest in a tech stock just because it’s popular. It’s easy to fear you are missing out when you see a particular stock’s price skyrocket. You may hear about a tech stock lot in the financial media, and you know many people who say they own it, but that doesn’t mean it’s a good investment.
Additionally, you should avoid investing in a stock just because the company is a household name. While sometimes the stocks of well-known companies do well, there are other cases of these companies not being well run and thus not being a good investment.
The Takeaway
The tech sector is vast and getting bigger by the moment as blockchain, artificial intelligence, and other technologies push boundaries. New founders are working on startups in garages and basements, potentially developing the next new thing that could change the world. Investors looking to invest in tech stocks can find a stock or ETF out there that could meet their needs. For instance, SoFi ETFs can remove some of the headache from picking individual stocks by allowing you to invest in a bundle of companies all at once.
SoFi makes it easy to invest in tech stocks and more with an online brokerage account. With the SoFi app, you can trade stocks, ETFs, and fractional shares with no commissions for as little as $5. You’ll also get real time investing news, curated content, and other relevant data for the stocks that matter most to you. For a limited time, funding an account gives you the opportunity to win up to $1,000 in the stock of your choice. All you have to do is open and fund a SoFi Invest account.
Get started trading technology stocks and ETFs with SoFi Invest® today
FAQ
Why is investing in tech stocks so popular?
Tech stocks are popular because they are some of the largest and best performing assets in the financial markets. As a whole, the technology sector is one of the fastest growing sectors in the economy. This means that there are a lot of new and innovative companies that are constantly coming out with new products and services. This provides investors with a lot of growth potential.
How can you start investing in tech stocks today?
You can start investing in tech stocks by trading individual stocks, invest in a tech-focused mutual fund or ETF, or invest in a more general stock market index fund that includes a mix of tech and non-tech companies.
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From the rugged coastline dotted with picturesque lighthouses to the dense forests perfect for outdoor adventures, Maine’s beauty is undeniable. But, what is Maine known for? Whether you’re considering renting a home in Waterville, looking to settle into an apartment in Brunswick, or just planning a visit, you’ll soon find that Maine has much more to offer than meets the eye. In this article, we’ll explore what makes Maine unique and why so many are proud to call it home. Let’s get started.
1. Acadia National Park
Acadia National Park on Mount Desert Island is one of Maine’s most cherished natural treasures. The park offers stunning coastal landscapes, including rocky shorelines, lush forests, and the granite peaks of the Cadillac Mountains. Popular activities include hiking along trails such as the Precipice Trail, biking on the historic carriage roads, and enjoying panoramic views from the top of Cadillac Mountain, the highest point on the U.S. East Coast. Acadia’s breathtaking scenery and diverse recreational opportunities make it a must-visit destination for nature enthusiasts.
2. Maine lobster
Maine is synonymous with lobster, and for good reason. The state’s cold Atlantic waters create the perfect environment for producing some of the world’s best-tasting lobsters. Visitors flock to coastal towns like Bar Harbor and Portland to indulge in fresh lobster rolls, bisques, and steamed lobsters. Each summer, the Maine Lobster Festival in Rockland celebrates this culinary delight with lobster eating contests, cooking demonstrations, and even a parade. For an authentic experience, don’t miss dining at a local lobster shack where you can savor this iconic dish straight from the source.
3. Portland Head Light
Portland Head Light, located in Cape Elizabeth, is one of the most photographed lighthouses in the United States. This historic lighthouse, commissioned by George Washington and completed in 1791, stands at the entrance to Portland Harbor. Additionally, the adjacent Fort Williams Park offers scenic views of the lighthouse, walking trails, and picnic areas. Portland Head Light’s picturesque setting and historical significance make it a beloved landmark and a symbol of Maine’s maritime heritage.
4. Moose watching
Maine’s vast wilderness is home to a thriving population of moose, making it a prime destination for wildlife enthusiasts. The Moosehead Lake region, particularly around Greenville, is one of the best places to spot these majestic animals. Guided moose-watching tours take visitors to prime viewing locations, often at dawn or dusk, when moose are most active. If you enjoy seeing wildlife up close, experiencing a moose in its natural habitat is truly unforgettable.
5. Blueberry harvest
This state is the largest producer of wild blueberries in the United States. Maine’s unique soil and climate conditions produce berries with intense flavor and vibrant color. Because of this, the annual blueberry harvest is a significant event. During the summer, festivals like the Machias Wild Blueberry Festival celebrate the harvest with blueberry-themed events, including pie-eating contests, craft fairs, and live music.
6. Kennebunkport
Kennebunkport is a charming coastal town, known for its historic homes and scenic harbor. The town is also famous for being the summer retreat of former President George H.W. Bush. The town offers a variety of attractions, including boutique shopping, art galleries, and seafood restaurants along Dock Square. Visitors can take a scenic drive along Ocean Avenue to see the Bush family compound and enjoy the stunning coastal views. Kennebunkport’s blend of history, charm, and natural beauty make it a popular destination for tourists seeking a quintessential New England experience.
Fun facts Maine is famous for
First state to see sunrise: Due to its easternmost location, the town of Lubec in Maine is the first place in the continental United States to see the sunrise each morning.
Vast forests: Approximately 90% of Maine is covered in forests, making it the most forested state in the U.S.
Birthplace of L.L. Bean: The iconic outdoor retail company L.L. Bean was founded in Freeport in 1912. Its flagship store is open 24/7 and attracts millions of visitors each year.
7. Allagash Wilderness Waterway
The Allagash Wilderness Waterway is a pristine, 92-mile-long river corridor that offers an exciting wilderness experience in Maine’s North Woods. Canoeing and kayaking through this scenic waterway allows adventurers to explore remote lakes, rivers, and streams while observing diverse wildlife such as moose, eagles, and loons. The waterway’s campsites and portages provide a true backcountry experience, making it a popular destination for paddlers seeking solitude and natural beauty.
8. Stephen King’s influence
Maine is famously associated with bestselling author Stephen King, who has set many of his novels in the state. King’s hometown of Bangor serves as the inspiration for the fictional town of Derry in several of his books. Fans can explore sites related to his life and work, such as his Victorian-style mansion, the Paul Bunyan statue featured in “It,” and the Standpipe, a key location in several novels.
9. Camden Hills State Park
Camden Hills State Park gives you the chance to take in spectacular views of the Maine coast from the summit of Mount Battie. Hiking trails wind through lush forests and lead to scenic overlooks, where you can enjoy panoramic vistas of Camden Harbor and Penobscot Bay. The park also provides opportunities for camping, picnicking, and wildlife viewing. The scenic beauty and outdoor recreation options at Camden Hills State Park make it a favorite spot for both locals and tourists.
10. Fryeburg Fair
The Fryeburg Fair, held annually in October, is one of Maine’s largest agricultural fairs. The fair features livestock shows, horse pulls, and a variety of agricultural exhibits. Visitors can also enjoy carnival rides, games, and a wide array of fair food, including classic Maine treats like blueberry pie and maple syrup products. The Fryeburg Fair’s blend of agriculture, entertainment, and local culture makes it a cherished event in Maine’s fall calendar.
Jenna is a Midwest native who enjoys writing about home improvement projects and local insights. When she’s not working, you can find her cooking, crocheting, or backpacking with her fiancé.
When it comes to real estate investing, the 1031 exchange is a powerful tool for deferring capital gains taxes. But did you know there’s a variation of this strategy called the Reverse 1031 Exchange?
Imagine you find a great deal on an investment property that you don’t want to miss, but you haven’t sold your current property yet. Don’t miss the deal! A Reverse 1031 Exchange allows you to secure the new property while deferring capital gains taxes on the eventual sale of your existing one.
If you’re not familiar with it, this article will provide you with a detailed understanding of how reverse exchanges work, their benefits, and some key considerations to keep in mind.
Disclaimer: A 1031 exchange has many rules and regulations and you have to make sure you complete the exchange correctly to avoid a large tax bill from the IRS. I am not an accountant or an attorney, please consult your attorney or accountant for any specific tax or legal advice.
Table of Contents
What is a Reverse 1031 Exchange?
A reverse 1031 exchange allows you to acquire a new property before selling your current investment property.
This is particularly useful in a hot real estate market where you find an ideal replacement property before you can sell your existing property.
In a traditional 1031 exchange, the process is straightforward: sell your property first, then use the proceeds to purchase a new one. But in a reverse exchange, the sequence is reversed, offering investors flexibility but also adding complexity.
How does this compare to a regular 1031? How 1031 Exchanges Work with Rental Properties
How Does a Reverse 1031 Exchange Work?
Here’s a step-by-step breakdown of a reverse 1031 exchange:
Identify the Replacement Property: You find and decide to purchase the replacement property.
Engage a Qualified Intermediary (QI): Before closing on the replacement property, you must engage a QI who will facilitate the exchange process.
Create an Exchange Accommodation Titleholder (EAT): The QI sets up an EAT, which temporarily holds the title to the new property.
Close on the Replacement Property: The EAT purchases the new property using funds provided by the investor.
Identify the Relinquished Property: Within 45 days of acquiring the new property, you must identify the property you intend to sell.
Sell the Relinquished Property: You have 180 days from the acquisition of the replacement property to complete the sale of your current property.
Complete the Exchange: Once the relinquished property is sold, the proceeds are transferred to the EAT, who then transfers the title of the replacement property to you.
Benefits of a Reverse 1031 Exchange
Market Flexibility: Allows you to secure a desirable property without the pressure of selling your existing property first.
Time Efficiency: Reduces the risk of being unable to find a suitable replacement property within the IRS’s strict deadlines.
Tax Deferral: Like a traditional 1031 exchange, it allows you to defer capital gains taxes, freeing up more capital for investment.
1031 Exchange Savings Calculator
Key Considerations
Financing Challenges: Financing a reverse exchange can be tricky since you’ll need funds to purchase the replacement property before selling the old one.
Higher Costs: Reverse exchanges tend to be more expensive due to the involvement of QIs and the complexity of the transaction.
Strict Deadlines: The IRS mandates strict 45-day and 180-day deadlines, similar to traditional 1031 exchanges, which must be adhered to avoid tax penalties.
Conclusion
Reverse 1031 exchanges can be a valuable tool for real estate investors looking to upgrade or diversify their portfolios without the immediate pressure of selling their current properties. However, the process is complex and requires careful planning and coordination with experienced professionals.
As always, feel free to reach out with any questions or to discuss how we can assist you with your real estate investment journey. Happy investing!
St. Louis, often referred to as the “Gateway to the West,” is a city full of rich history and endless possibilities. With its iconic Gateway Arch, vibrant neighborhoods, and a cultural scene that includes everything from world-class museums to renowned music venues, it’s no wonder that many people dream of calling St. Louis their home. However, life in this dynamic city comes with its own set of challenges. So whether you’re searching for a trendy apartment in Downtown St. Louis or a cozy apartment in the Central West End, you’ve come to the right place.
In this ApartmentGuide article, we’ll explore the various pros and cons of living in St. Louis, helping you decide if this historic city is the right place for you.
Fast facts about living in St. Louis
What St. Louis is known for: The Gateway Arch and its rich musical heritage
Population: Approximately 300,000 residents (city proper), 2.8 million (metro area)
Average rent: $1,407 per month for a one-bedroom apartment
Median home sale price: $262,500
Public transit: MetroLink light rail and MetroBus services
Public parks: Over 100 parks, including the 1,300-acre Forest Park
Annual tourists: Approximately 25 million visitors each year
Restaurants: Over 1,000, offering a wide variety of cuisines
1. Pro: Rich cultural heritage
St. Louis offers a rich cultural heritage with numerous museums, theaters, and music venues. The city is home to the St. Louis Art Museum, the Missouri History Museum, and the Pulitzer Arts Foundation. The Fox Theatre and The Muny offer world-class performances, while the city’s jazz and blues scene is celebrated at venues like BB’s Jazz, Blues, and Soups. St. Louis also hosts various festivals and cultural events throughout the year, such as the St. Louis International Film Festival and the Shakespeare Festival St. Louis.
2. Con: Urban sprawl
St. Louis has experienced urban sprawl, leading to the spread of development into suburban and rural areas. This can result in longer commute times, increased traffic, and a loss of green space. Urban sprawl can also strain infrastructure and public services, impacting the overall quality of life for residents. Efforts are being made to manage growth and develop sustainable urban planning strategies, but the spread-out nature of the city remains a challenge for some residents.
3. Pro: Affordable cost of living
The cost of living in St. Louis is 11% less expensive than the national average. Housing, in particular, is very reasonably priced, with the median sale price for a home in St. Louis around $262,500 and the average rent for a one-bedroom apartment in St. Louis about $1,407 per month. Housing costs are 22% less expensive than the national average. Utilities are slightly more expensive, at 1% above the national average, while transportation costs are 7% less expensive. Healthcare costs are also favorable, being 12% less expensive than the national average. This affordability makes St. Louis an attractive option for individuals looking to stretch their budgets further.
4. Con: Weather extremes
St. Louis experiences a wide range of weather conditions, from hot, humid summers with temperatures often reaching above 90°F to cold, snowy winters with temperatures frequently dropping below freezing. The city is also prone to severe weather, including thunderstorms, tornadoes, and occasional flooding, particularly in the spring and early summer. Winter storms can bring significant snowfall, averaging around 18 inches per year, and ice storms that disrupt daily life. Residents need to be prepared for these weather extremes by having proper heating and cooling systems in place and taking necessary precautions during severe weather events.
5. Pro: Strong job market
St. Louis has a diverse and growing job market, particularly in the healthcare, education, and biotechnology sectors. The city’s economy is supported by numerous hospitals, research institutions, and universities, providing ample job opportunities for professionals in these fields. Additionally, St. Louis is home to several major corporations and a burgeoning startup scene, particularly in technology and finance.
Top employers in St. Louis
BJC HealthCare
Washington University in St. Louis
Emerson Electric
Anheuser-Busch
Boeing Defense, Space & Security
6. Con: Limited public transportation
While St. Louis has a public transportation system, it is limited compared to larger cities. The city’s transit score is 43, walk score is 66, and bike score is 58. These scores indicate moderate public transportation options, meaning that while some transit services like MetroLink light rail and MetroBus exist, they may not be convenient or comprehensive enough for all residents. The walk score suggests that some errands can be accomplished on foot, but many daily activities still require a car. The bike score reflects that biking is possible, but the infrastructure could be improved. Most residents find it necessary to own a car to get around efficiently, which can add to the overall cost of living.
7. Pro: Diverse neighborhoods
St. Louis is a melting pot of cultures, with each neighborhood in St. Louis offering unique character and charm. From the historic streets of Soulard, known for its vibrant nightlife, to the trendy vibes of The Grove, home to hip bars and restaurants, there’s a place for everyone. Explore the art scene in the Central West End, enjoy the markets and eateries in The Hill, or relax in the cafes of Lafayette Square. This diversity ensures a variety of cuisines, festivals, and cultural experiences year-round.
8. Con: Educational disparities
While St. Louis is home to several prestigious educational institutions, there are disparities in the quality of education across different neighborhoods. Public schools in some areas may lack resources and funding, impacting the overall educational experience for students. These disparities can lead to differences in academic performance and opportunities. Efforts are being made to address these issues through various educational initiatives and community programs, aiming to improve the quality of education for all students in the city.
9. Pro: Green spaces
Despite its urban nature, St. Louis offers numerous green spaces where residents can escape the concrete jungle. Forest Park, one of the largest urban parks in the U.S., is a major attraction, offering museums, a zoo, and beautiful trails. The city also has over 100 parks, providing ample opportunities for outdoor activities and relaxation.
Popular parks in St. Louis
Forest Park
Tower Grove Park
Citygarden
Lafayette Park
O’Fallon Park
10. Con: Air quality issues
St. Louis occasionally experiences air quality issues, particularly during the summer months. Pollution from industrial activities, vehicle emissions, and regional weather patterns can contribute to poor air quality, which may affect residents with respiratory conditions such as asthma and allergies. The city is working on initiatives to improve air quality, but it’s something residents should be aware of, especially during high pollution days when air quality alerts are issued.
11. Pro: Thriving food scene
St. Louis offers a diverse culinary scene, with a variety of restaurants offering cuisines from around the world. The city is famous for its barbecue, toasted ravioli, and gooey butter cake. Food festivals, such as the Taste of St. Louis and the St. Louis World’s Fare, showcase the city’s culinary creativity and bring together food lovers to celebrate local and international flavors. Additionally, the city is home to numerous breweries and coffee shops, adding to its vibrant food culture.
Popular restaurants in St. Louis
Pappy’s Smokehouse: Renowned for its Memphis-style BBQ and flavorful ribs.
Niche Food Group: Known for creative dishes and farm-to-table cuisine.
Annie Gunn’s: A beloved steakhouse offering high-quality meats and seafood.
Farmhaus: Celebrated for its seasonal menu and locally sourced ingredients.
Sidney Street Cafe: Offers innovative American cuisine in a cozy setting.
12. Con: Limited nightlife
While St. Louis has a variety of dining and entertainment options, its nightlife scene is not as vibrant as in larger cities. The city has a more laid-back atmosphere, with fewer late-night venues and entertainment options. Residents seeking a bustling nightlife might find the options limited, though there are still plenty of local bars, breweries, and restaurants to enjoy. The nightlife is concentrated in specific areas like the Central West End and the Delmar Loop, offering a more relaxed and intimate experience.
13. Pro: Historic charm
St. Louis’s rich history is reflected in its architecture and historic districts. The city is home to several well-preserved historic neighborhoods, such as Lafayette Square and Soulard, which feature beautiful homes and tree-lined streets. Downtown St. Louis also boasts historic buildings and landmarks, including the Gateway Arch, adding to the city’s unique character and charm. Walking tours and historical sites like the Old Courthouse provide residents and visitors with a glimpse into the city’s storied past.
Direct link to offer (keep in mind, this won’t work for everyone. If it says ‘This offer is no longer available.’ you’re not eligible)
Some people are being offered a sign up bonus of 50,000 points after $15,000 in spend on the American Express Blue Business Plus card.
You also get an additional 5,000 points when you add an employee card and they spend $1,000 within the first 12 months
Card Details
2x Membership Rewards points on all purchases for the first $50,000 per calendar year
1x Membership Rewards points on all other purchases
No annual fee
0% APR on purchases for first 12 months
Our Verdict
Nice part of this bonus offer is that it has no lifetime language, meaning you can get the bonus if you’ve held the card before. Worth checking to see if you’re eligible if you’ve held the card before.
Want to know how to make $2,000? Here’s how you can make extra money online and offline. Whether you’re a stay-at-home parent looking to bring home more money or saving up for a large purchase, making $2,000 can make a big difference. In this post you’ll learn: Making an extra $2,000 can seem like a…
Want to know how to make $2,000? Here’s how you can make extra money online and offline. Whether you’re a stay-at-home parent looking to bring home more money or saving up for a large purchase, making $2,000 can make a big difference.
In this post you’ll learn:
Ways to make $2,000 fast
How to make $2,000 per day
How to make $2,000 online
Making an extra $2,000 can seem like a big goal, but it’s definitely achievable with the right approach. Whether you’re looking to pay off debt, save for a vacation, or just make more money, there are many ways to reach your goal.
How To Make $2,000 Fast
Here’s a list of ways to make $2,000.
1. Freelancing
If you have skills like writing, editing, programming, bookkeeping, digital marketing, data entry, SEO, graphic design, or transcribing, you can find jobs online. You can also find jobs if you know how to use software like Adobe, Canva, WordPress, or email marketing tools.
I recommend checking out UpWork to see which skills you have (you may be surprised to see what’s listed there) and start applying for jobs.
I’ve done quite a bit of freelancing and have found jobs on UpWork, Fiverr, and FlexJobs. This is a great way to make money since it’s flexible and usually done on your own schedule. There are many other freelance platforms as well!
Recommended reading: 16 Best Freelance Jobs & How To Get Started
2. Blogging
I started a blog back in college and it’s still one of my favorite ways to make semi-passive income. I currently make between $2,000-$4,000 a month on my blog and it’s entirely passive, meaning I no longer do any work on it.
There are tons of ways to make money blogging including affiliate partnerships, sponsored posts, ad revenue, and selling your own goods or services.
You can create your own blog here with this easy-to-use tutorial. Michelle also has a Free How To Start and Launch A Money-Making Blog Course you can join, and it will help you start and launch a successful blog! Once you start a blog, you can learn how to monetize it with affiliate income and sponsored posts.
You can learn how to start a blog with the free How To Start a Blog Course (sign up by clicking here).
3. Proofreading
If you have an eagle eye for detail, love finding spelling or punctuation errors, and want to learn how to make $2,000 online, you may want to become a proofreader. Working as a proofreader is generally quite flexible and you can work from anywhere in the world since your job is done from a computer.
You can find jobs proofreading for authors, law firms, blogs, and more. This is a great way to make a side hustle income or a full-time living as proofreaders can make around $50,000 a year.
Here is a FREE 7-day course just for people who want to stop wasting time and start making more money with their proofreading skills. I definitely recommend that you check it out.
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This free 76-minute workshop answers all of the most common questions about how to become a proofreader, and even talks about the 5 signs that proofreading could be a perfect fit for you.
4. Flip items for resale
You’ve likely seen TikToks where people flip stuff for profit. In case you don’t know what a flipper is, this is someone who buys something at a lower price and sells it at a higher price for a profit. This can also sometimes mean fixing up the item in order to sell it at a higher cost.
This is a great side hustle that can turn into a full-time job and is perfect if you want to know how to make $2,000 without a job (well, a traditional 9-5 job!).
A ton of people do this full-time!
This job is quite flexible because you can find stuff to flip on your own schedule. If you have kids, you can even take them along to garage sales and flea markets to score items to flip. This side hustle takes about 5-10 hours a week for beginners which can earn you up to $1,000 a month in the beginning.
Here is a free webinar, Turn Your Passion For Visiting Thrift Stores, Yard Sales & Flea Markets Into A Profitable Reselling Business In As Little As 14 Days, that will help you learn how to make money by flipping items as well.
5. Transcription
A transcriptionist is someone whose job is to turn files into text documents. You listen to what is being said in the file and type it into a text format. Transcriptionists usually make between $15-$30 an hour on average.
This job is flexible because you can choose to work part-time as a freelancer or full-time with an agency. As a transcriptionist, you must have good typing skills and a fast typing speed. You need excellent listening skills since you’re listening to files and having to type them up quickly.
A great free resource to take is FREE Workshop: Is a Career in Transcription Right for You? You’ll learn what transcription is and why it’s a highly in-demand skill, who hires transcriptionists, what it takes to become one, and more.
Recommended reading: 18 Best Online Transcription Jobs For Beginners
6. Pet sitting
One of my favorite side hustles is pet sitting. I’ve found all of my pet-sitting jobs on Rover, but you can also check out other dog-walking apps like Wag, Care.com, PetSitter, and more. Finding jobs can be hard at first if you don’t have experience, so it is usually important to set your rates lower than your competitors (this way you can get some reviews!).
Once you get jobs and reviews, you can slowly increase your rates and build your clientele. This is a great way to make a few hundred a week on top of a full-time job or other side hustles.
Recommended reading: 7 Best Dog Walking Apps To Make Extra Money
7. Sell crafts
If you have a hobby or craft you enjoy, you may want to try selling your items on Etsy. With almost 100,000,000 active Etsy buyers, Etsy is a great website to sell your handmade goods to people all around the world.
Here are some things you can sell on Etsy:
Printables
Stickers
Rugs
Soaps
Bath bombs
Crocheted and knitted items
Jewelry
I shop on Etsy all the time, and I love it!
Recommended reading: 16 Best Things To Sell On Etsy
Do you want to make money selling printables online? This free training will give you great ideas on what you can sell, how to get started, the costs, and how to make sales.
8. Virtual assistant
A virtual assistant is in charge of all kinds of tasks including:
Email management
Customer support
Graphic design
Social media management
I’m currently a virtual assistant and love it. The pay is high and I get to work on my own schedule. To find jobs, I recommend checking out UpWork, FlexJobs, and Fiverr. Type in “virtual assistant” on any of these job boards and you’ll quickly find tons of job listings with details including pay, benefits, work tasks, hours, and more.
9. Writing
If you have any kind of writing experience, try finding writing jobs online. There are thousands of online writing jobs out there from companies that need help creating blog posts and content for their company.
Even if you don’t have writing experience, I still recommend checking out job board sites and applying for low-paying jobs. This will get you experience as you build up your portfolio and help you land more jobs down the line.
I have been a freelance writer for years, and it’s a great way to make extra money. In fact, I’m writing this article as a freelancer!
10. Find Craigslist gigs for extra money
Craigslist is still quite popular in cities and there are always new jobs popping up. You’re most likely to find jobs in:
Labor (construction, warehouse work, landscaping)
Customer service (call centers)
Tutors
Short-term freelancing gigs
Moving
Always remember to be careful on any website, especially Craigslist. If anything ever feels suspicious or off, listen to your gut.
11. Delivering food
One of the easiest ways to make money is by delivering food with DoorDash. This is because they are always in need of new DoorDashers.
With DoorDash, your job is to deliver meals to customers. You can work on your own schedule and work as little or as many hours as you want to. Depending on where you live, you can deliver food by bike, scooter, or car.
How much you earn depends on each delivery, how much you earn in tips, and how fast you deliver items. The DoorDash app makes it convenient to accept delivery jobs, find out where to go, and how to get there.
12. Invest in real estate
Though it’s not a quick way to make money, you can make money in the long term by investing in real estate. When done right, real estate investing can be a lucrative way to make passive income and help diversify your investment portfolio.
There are many ways to invest in real estate including:
Buy REITs (real estate investment trusts)
Buy a house and flip for profit
Buy a house, live in one room, and rent out the rest of the rooms
Use an online real estate platform like Fundrise or Crowdstreet
Recommended reading: 23 Best Real Estate Side Hustles To Make Extra Money
13. Develop apps
There are a few ways to make money developing apps including in-app purchases, in-app subscriptions, advertising, affiliate links, and sponsorships.
You can test and research ideas that might do well in app form. Ask yourself what people need help with and how your app can solve their problems. Then, validate your idea by having people fill out a survey to get a better idea of what kind of app you should create.
You also need to figure out how you’ll market your app and get new customers. This might require you to reach out to blogs in your app’s niche, influencers, and media outlets to get coverage for your app.
Also, there is a side hustle related to this – you can test and try out new apps with Freecash. You can get paid from $1.00 to $75 per app. Some apps listed on Freecash (these numbers may change) include TikTok, which pays $8 if you’re a new user, and Upside, a gas cash back app, which currently pays $24.01 to new users. HBO pays $3.96 for new users subscribing to a free trial. There are many other apps you can earn from as well. Click here to sign up for Freecash (it’s free!).
14. Online surveys
Getting paid for surveys is not going to get you rich, but it’s an easy way to make money in your spare time. Companies pay people to fill out surveys because they need opinions on products and services. Once you finish filling out a survey, these survey sites typically pay you with cash, via PayPal, or gift cards.
Surveys aren’t full of hard questions that take hours to complete. The questions are usually short and straight to the point. Companies are trying to better their products and services, and surveys help them do this.
Here are some of the top surveys that pay in cash and free gift cards to sign up for:
Swagbucks
Survey Junkie
Branded Surveys
American Consumer Opinion
InboxDollars
Pinecone Research
Prize Rebel
User Interviews
Recommended reading: 21 Best Free Surveys That Pay Cash Instantly
15. Social media management
Working as a social media manager is a job that seems to be always hiring. I did a quick search on Fiverr and found many job listings pop up. This is because companies look to hire out for their social media management.
To find jobs in social media management, go to job boards like UpWork and type in “Social Media Management.” You’ll see posts from entrepreneurs and companies looking to hire a social media manager. These job listings will tell you what they need, like scheduling posts on Instagram and Facebook, creating visuals using Canva, and responding to comments from followers.
16. Babysitting
One of the easiest and quickest ways to make money is babysitting. I’ve found all of my babysitting and nannying jobs on Care.com, but you can also check out SitterCity, UrbanSitter, or Babysits. People are always looking for babysitters for date nights, errands, and special events.
To increase your chances of landing jobs, make sure to get a background check on the website (Care.com has this option) as this will make you stand out from other candidates. If you have previous experience babysitting, ask for references so hiring parents can see that you’re a good candidate for their job listing.
17. Bookkeeping
Becoming a bookkeeper can be a great way to learn how to make $2,000 from home.
A bookkeeper is someone whose job is to maintain clean and organized financial records for a business. Some tasks can include sending invoices on your client’s behalf, running payroll for your clients and their team, preparing state tax filings, and helping the client make business decisions for future expenses.
A bookkeeper’s income can vary depending on how many clients they have, how much experience they have, and how much they charge. On the low end, bookkeepers can earn $2,000 a month, while on the high end bookkeepers can earn $16,000 a month. Bookkeepers are in demand. According to the Department of Labor and Statistics, about 200,000 new jobs open in the US for bookkeepers each year.
Here is a free training – How to start a profitable bookkeeping side hustle, that can generate $2,000 to $16,000 a month (part-time)!
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This free training will show you how to start a profitable bookkeeping side-hustle in the next 30 days—even if you have no prior experience!
18. Online tutoring
An online tutor is a teacher or expert who helps someone in a particular subject through the internet. This is done through video calls on a computer. Online tutors can make between $15 an hour to well over $100 an hour. Tutors are most often in needed in subjects like math, science, and foreign languages.
Many sites are hiring online tutors such as Tutor.com, Varsity Tutors, and Outschool.
19. Sell old electronics
Before throwing away your old electronics, consider selling them or trading them in.
Best Buy and Amazon both have trade-in programs and many other places are always looking to buy electronics. Electronics that are most easy to sell include smartphones, tablets, laptops, gaming consoles, smartwatches, digital cameras, and e-readers like Kindles.
You can sell electronics on sites like:
Decluttr
Facebook Marketplace
eBay
Gazelle
If you want to learn how to make $2,000 in 3 days, I usually recommend finding stuff to sell!
20. Photography
There are many ways to make money with photography including freelance photography, portraits, real estate, and product photography. You can also sell your photos to stock agencies like Shutterstock or Unsplash if you want to run an online business that makes $2,000.
To get started selling your photography, build an online portfolio of your work. This is going to help you attract new clients and customers. Always keep your customers satisfied and happy as word of mouth makes a big difference in the photography business.
It’s important to market your services on social media and have a professional website so people can get in contact with you easily.
Recommended reading: 18 Ways To Get Paid To Take Pictures
21. Rent a room
If you have a spare bedroom you’re not using, renting out that spare room is an easy and convenient way to make extra income.
It’s important to do a few things including cleaning and decluttering the room, researching market rates, taking high-quality, well-lit images of the room, and checking local laws to see if it’s legal to rent out a room where you live.
You can potentially rent out your room short-term on sites like Airbnb or find someone who is looking for a room for the long-term. If you find someone renting out a room for the long-term, it’s important to get a security deposit, a contract in place, and references from the renter.
My sister (the owner of this site) has rented out spare rooms in the past, even to me!
22. Rent your car
Renting your car can be a great way to earn extra income, especially if you’re not driving it that often.
First, you’ll want to check with your insurance to see if you’re allowed to rent out your vehicle. You’ll also need to see if you need a special license to rent your car. Once you have those things dialed down, choose a rental platform.
There are many platforms including Turo, GetAroundUSA, and HyreCar.
23. Work overtime
Working overtime is one of the best ways to make the most money. This is because employers usually pay a higher hourly wage for overtime hours. There are tons of jobs that pay extra for overtime including working as a plumber, pilot, home health aid, electrician, automotive technician, and so many other jobs.
Frequently Asked Questions
Below are answers to common questions about how to make $2,000.
How to make $2,000 in passive income?
There are many ways to make $2,000 in passive such as blogging (via affiliate marketing or ad revenue), selling crafts like printables on Etsy, investing in real estate, and renting out your room or car.
How to make $2,000 a week online?
To make $2,000 a week, you need to make about $285 a day. Breaking it down this way makes the number seem less daunting and more achievable. To make $2,000 a week, you’d need to pick up quite a few freelancing or Craigslist gigs, flip high-profit items, or rent out a room on Airbnb or your car on Turo. Doing multiple things will increase your odds of making $2,000 a week online.
How to make $2,000 per day?
Making $2,000 per day is going to require a lot of work and even then it’s not always possible. After all, $2,000 a day would be $60,000 each month! Working gigs won’t be enough and instead, you’ll have to get lucky by flipping a high-profit item (like real estate) or starting your own business.
How to make $2,000 online?
There are many ways to make $2,000 online, such as with freelancing gigs, blogging, virtual assisting, social media management, and selling crafts on Etsy.
Best ways to make $2,000 – Summary
I hope you enjoyed this article on the best ways to make $2,000 fast.
Making $2,000 can seem tough at first, but once you start trying out different side hustles and get into a groove, making extra cash gets easier.
You can use several tools to track a fight, including websites, apps and even text messages. Monitoring your flight may be especially important if you have a tight layover, are heading to an important event or want to make sure a loved one is safe. Below we dive into how to track flights.
Overview of tracking flights
Given that flight delays are common (roughly 20% of domestic flights were delayed in the U.S. in 2023), knowing how to track a flight is a helpful way to ensure that you’ll know when your or a loved one’s plane will land.
To track a flight, you’ll need to know the airline and flight number. If you’re trying to track your own flight, you can usually find this information either in the confirmation email for your flight or on your airline’s app. If you’re trying to find this information to track the flight of a friend or family member, you can search Google Flights, which will provide the airline and flight number.
For this flight from Amsterdam to Kilimanjaro, the flight number is KL 569 (highlighted in blue). A downside is that sometimes there are several flights a day between the same cities, so it may be hard to find someone else’s complete flight information unless you know the airline or exact departure time.
Tools you can use to track flights
Once you know the flight name and number that you want to track, below are some of our favorite tools that you can use.
iMessage
iPhone users can quickly and easily track their flights with iMessage. To use this tool, there are three steps you’ll need to take:
1. Ensure iMessage is enabled.
2. Text the airline you’re flying and the flight number to yourself in the following format: [Airline] [Flight Number] (for example, Air France 23 or AF 23).
3. Click the hyperlink created and select “Preview Flight.”
When you click on “Preview Flight,” iMessage will pop up real-time flight tracking including departure time, estimated arrival time, landing terminal and baggage claim number.
🤓Nerdy Tip
If you’re planning to meet someone when you land and they have iMessage, this feature is a great way to help them keep track of when you’ll arrive.
Flighty
Flighty is a flight tracking app that can be used to track your and your friends’ flights in real time. In addition to its flight tracking tools, Flighty keeps data from past flights so you can review stats like the distance flown, the aircraft type you’ve flown the most and how much time you’ve lost to flight delays.
Flighty also creates a “Flighty Passport” for each year you enter flight data.
FlightAware
FlightAware provides a website and an app that include real-time flight tracking tools. A big plus of FlightAware is it provides data on past flights, which can be particularly useful if you’re trying to decide whether to book a flight with a tight connection.
Let’s say you’re considering booking British Airways Flight 112, which departs New York-John F. Kennedy and is scheduled to arrive in London Heathrow at 6:30 a.m.
Looking through the recent history, you can see that the flight has landed as early as 6:10 a.m. and as late as 6:42 a.m., which may give you some assurance that your flight would likely have a near on-time arrival.
Flightradar24
Flightradar24 is a website and app that provides users with detailed flight tracking information. What sets Flightradar24 apart is it has the largest ADS-B (Automatic Dependent Surveillance-Broadcast) network in the world, which is a system that shares an aircraft’s location and flight data. With access to over 40,000 connected receivers to track flights, Flightradar24 can track over 200,000 flights per day.
How to track your flight, recapped
There are a number of helpful tools available to track flights, including iMessage, Flighty, FlightAware and Flightradar24. To track your flight, you’ll need to know the airline and the flight number.
In addition to flight tracking capabilities, some of the tools listed have other useful features, including showing past flight details, which is helpful if you’re considering booking a flight with a tight layover.
The Florida-based non-bank servicer and originator noted in its earnings report a decline in income for Q2 2024, primarily due to a decrease in values of certain MSRs. Nonetheless, the company saw growth in several other key metrics. The servicing unpaid principal balance (UPB) rose by 6%, and the subservicing UPB increased by 10% compared … [Read more…]