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Yes, it is. Starting a business is difficult; there is no sugar-coating it. Anyone that has ever started a business has endured the endless list of daunting tasks that need to be completed before the business was fully up and running. It can be very tempting to...
What is an EIN? An Employer Identification Number (EIN) is a nine-digit number assigned to your business by the Internal Revenue Service (IRS). Similar to a Social Security Number for individuals, it is an exclusive nine-digit number it identifies your business for...
What Is An Auction? An auction is a sales event where prospective buyers place competitive bidders for property. Auction formats can widely vary, but for the purpose of this post, we will focus on the types of auctions and auction formats that are most common in...
Understanding the BRRRR Method If you have ever participated in a real estate investing (REI) network group on Facebook or attended an in-person networking event, odds are you have heard someone talking about "BRRRR." At first, you may have thought, "What does the...
The World of Wholesaling You may be familiar with the term wholesaling from retail sales. Wholesaling is the act of buying goods in bulk at a discounted price and selling to a retailer for a higher price, for them to repackage and in turn sell the product for an...
Understanding Main Business Structures When you start a business, you must decide what type of entity to operate. Each business structure has its own set of advantages and disadvantages, which may be a better fit for your company than another structure. The...
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