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Kauffman Foundation Fund Awards CDFI Grant, Its Third, To DreamSpring
Most entrepreneurs have a hard time getting loans from banks. It’s a big problem for all founders, but especially those from marginalized communities. Shakia WebbMatt Long, Kauffman Foundation That’s why, several years ago, the Ewing Marion Kauffman Foundation formed its Direct Capitalization Loan Fund, which aims to expand the loan pools available to small businesses […]
New Proposed Tax Plan Seeks To Eliminate 1031 Exchanges
In this article President Biden’s proposed Budget for the Fiscal Year 2024 seeks to promote expanded access and improved affordability in healthcare and education while cutting taxes for low-income families and shrinking the deficit, but the proposed funding comes from increasing taxes on the wealthy and eliminating an important tax break for real estate investors, which will likely […]
Building Tech That Lasts — Learning From France’s Reparability Index
Have you heard about planned obsolescence? It’s an industry practice of designing products with limited lifespans (thus driving sales). It explains why electronics are now the fastest growing source of waste in the world, with big impacts on our planet. Social entrepreneur Laetitia Vasseur founded STOP Planned Obsolescence to reverse this trend (Halte à l’Obsolescence […]
28 Rentals Before 28 Years Old (and Doing it All in Just 3 Years!)
Twenty-eight rental units before turning twenty-eight years old? That takes some SERIOUS drive. But after talking to Jake Radawick, the whole story makes much more sense. Within three years, Jake built a rental property portfolio that brings in over $200,000 a year in rent and provides Jakes with a full-time salary’s worth of passive income. […]
Pending home sales rose in February, mortgage rates jumped
A For Sale sign displayed in front of a home on February 22, 2023 in Miami, Florida. Joe Raedle | Getty Images Higher mortgage rates took some of the juice out of the housing recovery in February. After a sharp gain in January, pending home sales rose just 0.8% month to month, according to the […]
3 Concepts From Mechanics That Are Useful For Startup Founders
In this article, we will discuss three key concepts from mechanics that are useful as mental models … [+] for tech startup founders. getty Mechanics is the branch of physics that deals with the behavior of physical bodies under the influence of forces and motion. While the principles and concepts of mechanics aren’t directly applicable […]
A Spike In Supply Could Tank Multifamily Prices This Year
In this article Commercial real estate is facing stress from several directions. The primary stress is rising interest rates, which are putting upward pressure on cap rates (which pushes down asset values), making refinancing costs increasingly difficult and expensive to come by. But there is another risk arising, specifically to the multifamily niche of commercial […]
Rent growth drops to pre-Covid levels
A house is available for rent on March 15, 2022 in Los Angeles, California. Mario Tama | Getty Images Apartment rents have increased slightly for the past few months, as the seasonally stronger spring activity kicks in. But in March they were only up 2.6% from March of 2022. That’s the smallest annual gain since […]
VC Hype And Its 5 Disastrous Long-Tail Consequences
Hype to the blue moon? getty PR, aka hype, is important to VC investments in order to enhance the value of the venture and to create a market for later rounds of capital, after which investment banks want to take the company public, or strategic acquirers want to buy the venture before it takes off. […]
