Entrepreneur Stories

Turning a Basement Into a Rental Unit

The latest real estate renovation for investment purposes we completed was a basement suite. More specifically, it was the basement suite for a half-duplex (built in the 1960s) in the inner city. The premise behind the reno was to turn a single unit investment property …

Read More

What is Your Wealth Model?

Nathan Bedford Forrest was a conflicted man, and a brutal general for the Confederate Army during the American Civil War. He was a ruthless tactician and a racist. Federalist William Tecumseh Sherman (another infamous general from the Civil War) famously dubbed him ‘that Devil Forrest.’ …

Read More

Finding the Silver Lining Amidst Chaos

Anxiety seeped through their voices. I heard devastating stories while speaking with many fellow entrepreneurs this past week. Some are left in precarious positions requiring a big dip into their personal savings to keep their employees paid and business afloat… Although a cash call to …

Read More

Invest in the Efficiency-Obsessed Entrepreneur

The market is shifting from aggressive growth-focused companies (scale before profit) to ones who actually generate profit… right from the commencement of commercialization.  The renewed focus on the bottom line, I think, was brought about by WeWork’s failed IPO. Or perhaps that was the straw …

Read More

What I Learned After Reading Bitcoin Billionaires

After reading “Ugly Americans” (a personal top 50 book), and “Rigged” many years ago, I became a fan of author Ben Mezrich. He has a penchant for writing fascinating entrepreneurial stories, typically based on real-life events. So when Bitcoin Billionaires was released over the summer, …

Read More

Get Ready to Pay When a Tenant Leaves

This year has served as a good reminder. 2019 has been one of high tenant turnover, and managing rental properties has been time-consuming. Almost every rental property we manage has had a transition from one tenant to the next, which reminded me of just how …

Read More

The Buyer Shouldn’t Address The Elephant in the Room – That’s Your Job

A friend of mine and fellow entrepreneur is a ‘sensei of the sales process.’ The guy is a natural closer. He does it in such a casual yet skillful manner that when describing how he closes tough deals, you get the urge to pull out …

Read More

How Real Estate Investors Spot a Motivated Seller

Every buyer or real estate investor wants a motivated seller because it often results in getting a pretty good deal on the property… however, it’s not always easy to spot a motivated seller, at least not before negotiations begin.  Over the years, I’ve figured out …

Read More

Learn to Love Researching

I worked with a very successful entrepreneur who had a knack for giving memorable presentations. It was his talent. He would put together some of the most compelling and visually appealing presentations I’d ever seen. The research that went into his presentations was impressive – …

Read More