This article is written by guest writer Kate Mallison. Kate is a real estate investor who works for Tellus, a real estate tech platform helping landlords and property managers save time through effortless automation. Biggest Timewasters for Landlords Whoever said “time is money” must have worked in the rental business. With dozens of items on […]
In an ideal world, you’ll estimate your after repair value (i.e. what the property can sell for after all repairs and renovations are completed) and your rehab budget with pinpoint accuracy. But in practice, it can sometimes be difficult to accurately assess either one. So if you could only ensure accuracy for one, which should […]
Major trends in demographics, technology, and environmental factors could set the path for seismic shifts in real estate. What are these trends that all real estate investors should keep in mind? Real Estate Trend #1: Increased urbanization Practically all demographic and population forecasts show that a future net influx into urban markets, leading to many […]
There are a few good reasons and many wrong reasons to start a new restaurant business. If you’re thinking about starting a new restaurant and at least one of these applies to you, you may want to rethink yourself! Wrong Reason to Start a Restaurant #1: I want to get rich (fast)! There’s a reason […]
(This article is co-written with Evan Kimbrell and will introduce you to a basic marketing concept that you can use as a handy lens for understanding your financial models. ) It’s always easy to daydream about revenue and how we can chart your inevitable hockey stick growth for your business. But allow me to be […]
(This article is co-written with Evan Kimbrell and will introduce you to a basic marketing concept that you can use as a handy lens for understanding your financial models. ) What are funnels? Yes funnels, like you “funnel” something into your mouth, or you funnel money out of your ex-husband or wife’s business – called […]
Are you thinking about starting a business right now? Whether you are going to bootstrap it with your own money or look to get funding from investors, you need to figure out how much cash you actually would need to give your business the best odds of success. How do you go about doing that? […]
If you’re thinking about starting a business, it’s critically important being able to answer this question. Get it wrong, and you may end up running out of cash before your business even has a chance to take off. So how much startup capital do you actually need? Enough to just get your business to grand […]
Picture this. You come up with an exciting new concept for a new restaurant. You’re excited. You take out a 2nd mortgage and even private loans from family and friends. You lease out a trendy spot in town, spend a lot to remodel it, hire and train some new employees, and then hope for the […]
Pause. Take a moment to go back in time when you were a child. How did the passage of time feel in childhood compared to now? If you’re like me, time seemed to move at a crawl in childhood compared to the speedy blur in adulthood. Why did an hour feel like an eternity then […]
