Nationwide Residential Rental Property Investment Service
A service that would make it easier for investors anywhere in the United States to locate, buy and own professionally-managed residential rental property anywhere in the United States--at a profit.
Q1: What would be the best way for this business to generate revenue? Through advertising on its website, referral fees from real estate brokers, network membership fees, or all of the above? Any other suggestions?
Idea Description
Authors of financial advice books such as David Bach recommend investing in rental properties as a great way to make money. Yet--notwithstanding the recent erosion in real estate values--investing in such properties seems out of reach to many Americans who live where prices are still high and positive cash flow is difficult if not impossible to attain. The problem is that they are thinking too locally.
I live in high-priced California, but own profitable rental property (a duplex and a single-family home) in affordable upstate New York. It may seem intimidating to locate, buy and own rental property at such a distance, but my experience shows that it can be done--successfully.
What will you do if you win $10,000 for this idea?
To conduct a thorough feasability study for this idea and, if it looks like the business can be launched with this kind of seed money, move forward with it. A network of trusted real estate brokers and agents with expertise in rental properties, as well as property managers who specialize in managing 1-4 family units, would need to be established, as well as a website with information on market values of rental properties in metropolitan areas throughout the United States and other useful information.
Vote for it now.
I like your idea; I want to improve your odds of getting funding I will vote for your idea if you will vote for mine. My idea is for a web site that raises money for inventors and entrepreneurs called New Idea website Check out my idea blob submission and visit New Idea Website and see what I can do for you. http://www.ideablob.com/ideas/4060-NEW-IDEA-WEBSITE The need for jobs is one of the biggest problems that a democratic government faces because creating jobs is an unwanted byproduct of business and industry. The reason I say its unwanted is the more jobs a business creates the more its expenses are and the smaller it’s bottom-line. If business and industry have their way they would run their companies with no jobs at all no management or labor. To deal with this dilemma I pr…moreopose a federal venture capital carrot fund that literally pays entrepreneurs to create jobs. The investment bank would be expected invest in seed level startup projects like yours and to lose money at a specified dollar per jobs ratio for example during hard times that figure may be as high as $20,000 per job and good times the figure may be as low as five dollars per job, by controlling this ratio the fed could roughly control unemployment. The bank will be expected to fund novel products and services and stay away from things like restaurants that will simply draw jobs from other restaurants or moving factories from one part of the country to another. If you like this idea vote for it and send the congressional letter from the website. Sincerely Frank Scruggs
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