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Buying a Rental Property for $80 with This Loan

By Richard | Oct 11, 2023

Buying a rental property for just eighty bucks? There’s no way that’s possible. How can you close on a rental for the same amount of money it takes to fill up a tank of gas? Surprisingly, one type of mortgage lets you come to the closing table with no money down, no PMI (private mortgage […]

Housing industry urges Powell and Fed to stop raising interest rates

By Richard | Oct 11, 2023

New homes under construction in Miami, Florida, Sept. 22, 2023. Joe Raedle | Getty Images Top real estate and banking officials are calling on the Federal Reserve to stop raising interest rates as the industry suffers through surging housing costs and a “historic shortage” of available homes for sale. In a letter Monday addressed to […]

Blank Street Coffee Is Everywhere. The Founders Have (Maybe) One Regret

By Richard | Oct 10, 2023

The Blank Street founders talk cold brew, the surprising reason they’re not opening in Los Angeles, and—yes—the trolls. This is a story about coffee. It’s also about V.C. funding. But it starts with coffee, two young immigrants and a single coffee cart in Williamsburg. That’s the origin story behind Blank Street, founded by Issam Freiha […]

How to Get “Unstuck” in Real Estate

By Richard | Oct 10, 2023

If you take these three steps, you’ll reach financial freedom. There are no gimmicks, courses to buy, or get-rich-quick schemes. This three-step, repeatable blueprint to building wealth has been time-tested by some of the world’s most successful real estate investors. It’s not complex, but it will take work, sacrifice, and time to get where you […]

Country Garden says it may not be able to repay debt

By Richard | Oct 10, 2023

Signage at a residential project developed by Country Garden Holdings Co. in Baoding, Hebei province, China, on Tuesday, Aug. 1, 2023. Bloomberg | Bloomberg | Getty Images Chinese real estate developer Country Garden Holdings said it expects it will not be able to make all of its offshore repayments, including those issued in U.S. dollar […]

Meet Aampe, The Company On A Mission To Make Every App Personal

By Richard | Oct 9, 2023

Aampe founder Paul Meinshausen Aampe Personalisation is a buzzword for marketers: by treating customers as individuals, tailoring messaging and marketing to their needs and desires, organisations hope to get a much better response. But there’s a problem: having staked the future on apps, betting that customers will download and engage with their software, they’re discovering […]

Top Multifamily Investors’ Advice for Buyers in 2023? DON’T Do It!

By Richard | Oct 9, 2023

The multifamily real estate market went from bad to worse. Interest rates are still at record highs, cap rates have somehow stayed compressed, rent growth looks bleak at best, and sellers refuse to budge on their prices. As a result, inexperienced operators are picking up so-called “deals” to shop around to their investors—and they could […]

A big AI and robotics idea that has attracted Walmart and Softbank

By Richard | Oct 9, 2023

Symbotic technology in use at a Walmart facility. Courtesy: Walmart Venture-capital giant Softbank notched a $15 billion-plus gain on its 2016 deal to buy Arm Holdings when the artificial intelligence-enabling semiconductor firm went public last month. But not as many investors know about Softbank’s “other” big AI investment, Wilmington, Mass.-based software and robotics maker Symbotic, […]

How To Do More For Your Customers To Grow Your Business

By Richard | Oct 8, 2023

Business team meeting with customers getty During the pandemic, Zappos once again shot to the top of the customer experience (CX) leaderboard. Instead of pulling back on its historic support amid dropping sales, the company doubled down on its customer commitment. Zappos representatives were encouraged to chat with buyers as if they were buddies — […]