More than Cashflow was honoured to be an award winning book in the 2014 International Book Awards.
American Book Fest announced the winners and finalists of THE 2014 INTERNATIONAL BOOK AWARDS (IBA) on May 21, 2014. Over 300 winners and finalists were announced in over 80 categories. Awards were presented for titles published in 2012, 2013 and 2014.
Keen says of the awards, “The 2014 results represent a phenomenal mix of books from a wide array of publishers throughout the world. With a full publicity and marketing campaign promoting the results of IBA, this year’s winners and finalists will gain additional media coverage for the summer season.”
Keen adds, “IBA’s success begins with the enthusiastic participation of authors and publishers and continues with our distinguished panel of industry judges who bring to the table their extensive editorial, PR, marketing, and design expertise.”
AMERICAN BOOK FEST covers books from all sections of the publishing industry—mainstream, independent, & self-published. More information can be found at http://www.AmericanBookFest.com
You’ve already sunk a gigantic sum of money into the company. You have about $40 million dollars you can invest, but to do that is to put your last dollar into a company few people believe in. Bank financing is certainly not an option, and it looks like private funds aren’t an option either. Most people really think you’re crazy for pursuing this dream in the first place. Nobody thinks it’s going to be profitable.
It’s not even …Read more →
It’s not even because it takes a ton of time to do properly (which it does, by the way!). It’s also not because you sent me absolutely no information that is useful in the analysis (although, that is often the case).
I can tell you if the numbers make sense. I can ask you if you’ve considered a few potential risks. But, ultimately there is only one person who can really figure out if the deal is good for you or not … and that is you.
Here’s an example of an email …Read more →
Imagine sitting around shooting the breeze with your University Alumni hockey team after a game. Somehow a local jail is mentioned and your goalie says “Oh no boys – you don’t want to go to that jail. It’s pretty rough.”
Do you think that this guy had the attention of the room full of MBA guys? Heck yes he did.
My friend Mike, who was telling me about this guy, said “he really could be the poster boy for Dos Equis’ most interesting man in the world”.
That got me thinking, what makes someone interesting? More importantly, are YOU …Read more →
Charge too much and you’ll struggle to find great tenants.
Charge too little and you’re leaving money on the table AND you’re probably going to have to sift through a ton of applications.
There’s a lot of work that has to go into figuring out what a fair rent rate is … and at the end of the day you won’t really know what you can charge until you start advertising it and evaluate the response (Want more on my process around renting out your property? Check out this article …Read more →
Our tenants just gave us notice on a property we’ve owned for almost three years. The original plan was to turn it into a rent to own but we weren’t able to find a good tenant buyer for it, so we just rented it out.
Our investment partners were mostly interested in doing this deal for the cashflow that a rent to own can generate so they have expressed a desire to get their capital back (see things that can suck about doing rent to own deals). When the tenants gave notice, we pulled market comps and brought our …Read more →
I think it’s a great idea to manage your first investment property for a while, so you can get a solid understanding of what’s involved. You’ll know what makes a great property manager and have a better appreciation for how challenging the job can be. That said; managing your own properties may not be the right thing for you.
To find out if you could handle the pressures and challenges of property management, you’ll want to do a bit of a self-assessment. Are you a reasonably tolerant person? Do you have any knowledge and experience with doing minor maintenance and …Read more →
Over the last thirteen years we have worked with many different property managers. Whenever we’ve had a property that was slow to fill the property manager would tell us “It’s just the market – it’s slow.”
The property managers weren’t lying when they have said that to us. Vacancy rates were high and properties were taking quite awhile to fill on average. However, after investigation, a slow market was not really why our property was vacant. In one case, the property was run down and really needed some money spent to give it a good cleaning and updating. …Read more →