At REIN, one of the core investing fundamentals we emphasize to our REIN member communities Canada wide is being proactive about every aspect of your real estate investing business. This article discusses proactive financing as a key part of a sophisticated investor's strategy.
It is difficult to ignore the rise of Airbnb as a model that has disrupted the hospitality business, much in the way Uber has disrupted the taxi industry. People looking to make extra income might be drawn to renting through Airbnb based on the statistics, which suggest that it’s a wildly successful business model.
Here’s the thing. We’ve all got a lane that works best for us, whether it’s on the highway or in our relationships, in our careers, in our families, or even in terms of the number of hours of sleep we need at night. The difficulty is figuring out which lane works best for you, then owning it and being brave enough to find your way back to that lane when you know you’ve made a wrong move.
As I reviewed my calendar recently, the reality of it hit me: there are just a few weeks left in 2017! I guess when you’re busy, time really does fly, because the past 12 months have been very full for me.
If you do not have a website or you’re under utilizing your website, you first need to understand the value versus cost to your business before deciding how much of an investment to make.