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Two Ways To Stop Bleeding Cash

September 25, 2009 Business
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Every real estate business should have a library of procedures. It’s exciting, I know, but it’s one of the most important parts of your risk mitigation procedure. You might be fine dealing with 2 or 5 or even 20 properties on your own. But when you hit 50, you’re going to need serious help, and [...]

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How to be Happy in Business

July 24, 2009 Business

Bud Caddell of Undercurrent wrote an amazing blog post the other day that I found via Flowing Data. The Venn Diagram is amazing and he’s right on the money. http://www.flickr.com/photos/bud_caddell/ / CC BY 2.0 And the meat of what he’s talking about. We can’t determine how to make enough money from the things we want [...]

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48 Things That Matter to Tom Peters

March 16, 2009 Business

Tom Peters is one of the world’s more visible business management gurus. If you haven’t read one of his books yet, you really should. He’s also got a list of 48 Things the Matter, available as a free PDF. I’m sharing the whole list here, but I also wanted to do a little art. Here’s [...]

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Five Tests Investors Should Try

March 6, 2009 Business

At the heart of every truly successful business lies a core competency and a dedication to change. A unique value proposition and a thousand ways to communicate, share, deliver and live that value. The current economic challenges are an opportunity, and in this era, more than any other, those who adapt the fastest will realize [...]

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Define Your Investing Niche

February 17, 2009 Business

Hi, I’m Chris. I buy three-bedroom townhouses in Millwoods. That’s my niche. You may have met my Dad, Brent. He’s the King 82nd Street. (That’s over here) If you’re going to do anything, you need to define your niche. Where, what, how, why, where, and what makes you different than your competition. To that end, [...]

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8 Essential Real Estate Investment Business Processes

February 16, 2009 Business

For me, and for all the REIN members like me, we’re buying or are preparing to buy. I have no doubt in my mind that the properties I buy today will have appreciated significantly in five years’ time. Why five years? Because that’s the minimum hold that my Joint Venture partners and I agree on. [...]

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8 Tips for Recession Proofing Your Real Estate Business Model

January 26, 2009 Business

[Ed Note: Today's Guest Post comes for Garth Chapman, a Diamond REIN member and the co-founder of REMA, a Real Estate Management and Analysis software. (Not so shameless plug: I use it!)] This has been our approach to making sure our estate business prospers going forward. We’re always trying to answer the question: What are [...]

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