Are building permits really necessary?
Tuesday, August 26
Building permits cost money, and nobody will even know if you are just doing interior work, right? Building permits do cost money, sometimes a lot of money depending on the municipality. So what are the pros and cons of applying for building permits?They give a sense of legitimacy to the work per...
My take on the 2% rule, and the controversy
Friday, August 15
Is the 2% rule valid for your market? Yes, and no. And also, who cares. What really matters is being aware of what a good deal is in your market, and knowing where and how to find the good deals. If you can make a decent profit from a deal that only meets the 1% rule, who cares if it meets the 2%...
Integrity matters
Friday, August 15
In business, your reputation is hard to establish, but easy to destroy. Doing what is right, even when you think nobody else will know, can make a difference. It can mean the difference between success and failure.I am not just referring to the big things. Little lies such as "my partner has to a...
Building your investor network through volunteering
Wednesday, August 13
Some of the best things you can do for your business as an investor are counter-intuitive. Many people think building a network as an investor involves going to meetings, lunches and coffee with other investors. Sure, that is part of it. But there is a lot more to it than that. Such as volunteeri...