Crowdfunding Real Estate?

Kickstarter and GoFundMe have made huge waves and created a new road for projects to take to get funded. A lot of bright individuals have had the idea to create similar sites for investments. Real Estate has been a natural target market for this because the large dollar sums and lack of liquidity in many private real estate investments has made it hard for mass affluent investors to access this asset class while still maintaining liquidity and diversifying their portfolio. There are several real estate crowdfunding sites out there, each a little different. They generally offer some due diligence or screening of deals. They also qualify their investors – generally there are sophistication, net worth, or liquidity requirements. However, not all sites will require these and there are some that smaller investors can use. Regardless, once you’re approved, you can examine and invest in deals. Crowdfunding sites are a great way to add real estate to a portfolio, however investing in individual real estate projects is a very complicated and potentially risky strategy. While the sites may provide some amount of due diligence, they do not necessarily provide all the information an experienced real estate investor would have. You should

8 Ways to Keep Commercial Checking Account Information Safe

Commercial checking accounts are vital for most businesses today no matter whether they are large or small. They help make things easier, but at the same time it is one more thing that companies must worry about. Making sure that the information stays secure can be just as tough as making sure the money goes where it is supposed to go and no where else. Read these tips below to see other ways to keep your information safe. User Accounts Each employee that uses the account and has access to it should have their own user account. No two users should share information. This helps to hold each user accountable and help you know who is doing what with the account. Attention to Detail If you have multiple people using the account then it is ultimately up to you to watch the commercial checking account. Watch it for suspicious transactions. Ensure tha

Multi Level Marketing: Too Good To Be True?

You’ve probably seen the advertisements: “Start your own business!” “Be your own boss!” “Become a part of something great!” Or the bumper stickers and even vehicle wraps advertising Mary Kay or Herbalife. Maybe you’ve gone to a friend’s house for a dinner that turned into a sales pitch, or noticed the catalogue in the office break room. But chances are, even if you didn’t know exactly how it works, you’ve seen multilevel marketing in action. Multilevel marketing (MLM) is a system where, instead of participating in direct sales, companies set up a pyramid of affiliates to sell for them. In theory, this should create a self sustaining sales force, with the minimum possible effort from the top so the headquarters can focus on product quality and innovation. As a “business owner” in an MLM, one would have two main responsibilities delegated to them: selling the product directly and, more importantly, recruiting others to sell for them in exchange for a slice of the commissions. Again, theoretically this makes sense — it isn’t too different from a typical dealership model — however, the problem starts to arise from the product itself. Lower level participants in the pyramid are usually forced to

Finding Beachfront Property in Florida

Florida is one of the leading tourist destinations in the world and attracts millions of visitors each year. It also attracts people who want to make the Sunshine State their home. As well as sunshine, there are hundreds of miles of shoreline. Anyone who’s ever dreamt of owning an oceanfront condo is likely to find their ideal home here. There’s also plenty to do beyond the tourist track, and communities that will welcome diversity. Anyone buying a home in Florida should keep in mind factors like insurance and weather. An experience realtor is the best guide to local news and concerns. Moving to Florida Most people know that Florida is one of the leading tourist destinations in the world. It attracts around 100 million visitors each year. But Florida is also attractive t

Should You Care About The “Hard Fork”?

One month ago, amid even higher than normal volatility, Bitcoin underwent a split known as the “hard fork”. While there were myriad technical reasons for this to happen, the most pressing issue was the Bitcoin network being too slow to process the much higher volume of trades developing as cryptocurrency becomes a viable investment. After a few alternative solutions failed to get enough support to improve this situation, including a “replace-by-fee” method where, in essence, the trades that paid the highest commission would pass through the exchange first, the community gained enough votes to support splitting in two, and launching a second currency.  While a financial advisor may compare this to a stock spinoff, what is actually happening is rather different, since unlike a stock spinoff, no value needs to be lost or redistributed from Bitcoin into an alt-coin. This new currency, “Bitcoin Cash,” is a direct relative of Bitcoin, but designed for spending rather than investment, with a new faster infrastructure and support for each individual unit, or blockchain, to be traded a few thousand times before reaching the end of its useful life (and forcing a second hard fork). When it was introduced at midnight on August 1,