No matter how great of an investment property you may own, it doesn’t mean squat if your tenant screening process is weak. A bad tenant can, and likely will, negatively impact your cash flow on your rental. When selecting and building a relationship with my …
10 Vital Tips to Buying a Great Investment Property
Being a landlord is one of the best wealth creation strategies one can have if you follow my proven winning formula, and keep things simple. At the end of the day, a good investment property can be measured by three things: your monthly cash flow, …
Every Entrepreneur’s Journey Starts with a Business Plan
Before you think I am going to give you the usual five steps ‘to a great business plan’ rundown, let me just say, that’s not going to happen here. Cookie cutter business plans are for wannabe entrepreneurs and whenever one comes across my desk, it …
A Business Model Based on Renting Cool Places
Hire Space: In the Lucrative Business of Renting Cool Space With the continued growth of service networking services and sites, which allow people to swap services and goods with each other through online platforms, new ideas in this market happen daily. One of the newest …
11 Tips to Increase Your Rental Property Income
I love being a landlord (although the word ‘landlord’ is a bit medieval and I’m not a huge fan of the term). I get a real buzz when I find a property that has been mistreated or in need of some TLC, purchase it for …
Berlin, the Next Silicon Valley
Obama was in Berlin yesterday and gave what sounded like a watered down version of his second inauguration speech. It was hard to listen to the same old same old from him. But in light of his visit, I want to talk about Berlin and …
Bose Schools Entrepreneurs on the Importance of Style
Bose Knows: Staying Current in the Ever-Changing Home Entertainment Arena One brand that has become synonymous over the past few decades with both high quality sound systems, as well as sleek and attractive product designs, is Bose. While Bose outlet stores litter malls across America …
August: Using Smartphones to Launch Innovative Smart Lock Business
Bringing Next Generation Technology to Home Security With the rapid advances in technology and gadgetry being felt everywhere from online business, to mobile communications, to social media, it is easy to forget that certain segments of the marketplace could stand to benefit from new and …
Domu’s Business Model Provides Entrepreneurs with Lessons on Do’s and Don’ts
A Business that Cuts-out the Middle Man: Always a Good Strategy [dropcap style=”style1, style2, style3, or style4″]A[/dropcap]s a Chicagoan now for five years (and a New Yorker before that), one thing I’ve always been able to count on as an urban dweller is the annoying, …
Lyft’s Business Model: Exploiting an Existing Competitor’s Weakness
Putting Out Your Digital Thumb; Lyft Aims to Bring New Meaning to ‘Catching A Ride’ A few weeks ago, we profiled new cab provider UberCab, which is quickly gaining a dedicated following in cities around America and Europe with its alternative, intuitive cab services. With …