Month: August 2021

The State of Entrepreneurship and Small Business, According to Today’s Business Owners: Current Attitudes and Perceptions

When last polled, the majority of small business owners would recommend starting a business today. More than three-quarters of small business owners (79%) would recommend starting a business today, while 21% would not. Business owners that describe today’s business environment as either better or the same compared to when they started their business make up 71% of the small business owners. Of those respondents, 46% said the business environment is better and 25% of business […]

The Anatomy of Real Estate Investor (‘Rentals Vs. Rehab’)

Most real estate investors follow a couple of different methodologies.  Rental Methodologies These are the investors who believe in the Buy and Hold Strategy to build a rental portfolio model. This simply means they are in pursuit of cash flow and appreciation. Experts refer to this as the ‘patient’ strategy because it takes time to allow your money to grow whether investors use their personal cash or leverage financing to build their net worth. Of […]

Investment Clubs History

While the first investment club on record dates back to the 1800s in Western America, the world’s first investment club was allegedly established in Texas in 1898 back in the days of the Wild West when just a few investments could be considered safe. Investment clubs were seen as an ideal way of spreading the risk- away from just cattle.  In 1914 when the First World War was about to break out, the collection was […]

Is 760 the best Credit Score?

Fair Isaac Corp., the company behind the famous FICO score just released the new FICO 10 Model which is expected to cause the scores to fluctuate roughly 20 points. The change comes amid the average FICO score hitting a record high of 710 in 2020. According to data from Fair Isaac Corp, only 1.6% of the U.S. Population has a perfect score of 850. However, experts say that perfect scores might not matter as much […]

What Buyers And Sellers Should Know About Probate

Although probate customs and laws have changed since the era of the Roman Empire, the purpose has remained much the same: people formalize their intentions as to the transfer of their property at the time of their death, typically in a will. The probate process governs the distribution of property according to the dead person’s wishes.  Today the probate process is a court-supervised process to sort the transfer of a person’s property at death. Property […]