An ex-mortgage underwriter who owns 129 rental units worth over $28 million shares 3 ways to buy property with little or no money down. — Plus 3 calculations he uses to find a cash-flowing property.
Chris Gerbig didn’t have the cash for a down payment when he bought his first home. But after working at a couple of banks, he knew what to ask his mortgage broker for. He has used different financing options to build a single- and multi-family real-estate portfolio. Chris Gerbig was desperate to avoid the corporate…
Salesforce CEO Marc Benioff says AI models have ‘stolen’ copyrighted content from media companies
Salesforce CEO Marc Benioff spent the annual Dreamforce conference promoting its AI products. Benioff issued warnings about the perils of generative AI while touting Salesforce’s AI as ethical. Benioff, who owns Time, said media companies are getting their information “stolen” by AI. Salesforce CEO Marc Benioff’s message to companies interested in generative AI is simple:…
A 39-year market veteran shares why this market rally is only beginning and stocks are destined to hit new record highs in the coming months — and the 5 best ways to take advantage of it
The recent market reset is setting up for a strong fourth-quarter rally, according to Tim Hayes. The global strategy chief shared his bullish market outlook while others recommend staying cautious. Here are the five best ways to position for new record highs this year, in Hayes’ view. According to the chief global investment strategist at…
The CEO of Best Buy’s home-healthcare unit shares how a new tech strategy will help grow the business
Best Buy’s home-health business wants to build automation tech to simplify hospital-at-home care. Hospitals usually have to manually get everything from meals to X-ray machines into patient homes. Current Health’s tech could make life easier for clinicians, its CEO said. Since 2018, Best Buy has been delving into healthcare, focusing on virtual care and home…
Inside 2 major groups that run NIL deals for Big Ten student-athletes as ‘collectives’ gain enormous power and influence in college sports
Collectives are dominating the NIL industry, backed by boosters, fans, and businesses. But how they operate is not well understood across college sports. Insider spoke with two NIL collectives at major universities to learn how these organizations work. One of the most perplexing aspects of college sports is the rapid rise and dominance of “collectives.”…
The former head of Meta’s failed stablecoin project admits he was too ‘idealistic.’ Now David Marcus’s new startup plans to work within the system.
Lightspark cofounder David Marcus plans to use bitcoin to settle global money transfers in real time. Marcus founded the venture in 2022 after running Meta’s failed stablecoin project. Investors in Lightspark include crypto venture big shots Paradigm and a16z. Crypto founders have become more realistic after years of pipe dreams and pitches. Perhaps this is…
‘We are becoming more convinced that the cracks are emerging’: JPMorgan warns a host of recession risks are starting to pile up — and shares 2 trades to keep your portfolio safe
JPMorgan’s Marko Kolanovic says recession pressures continue to build. He’s therefore shifting to an even more defensive investing outlook. The strategist said he’s moving more into cash and energy stocks. This summer, investors have developed a soft-landing narrative as the US economy has remained mostly resilient in the face of high interest rates. However, JPMorgan’s…
Is Arm Holdings a smart way to play the booming AI market? Experts break down 2023’s biggest IPO, and why you should invest with caution.
Shares of the chip designer Arm Holdings priced at $51 per share in their IPO. The stock is going public after Softbank failed to sell the company to Nvidia last year. Arm is an essential part of the AI ecosystem, and its debut is the biggest of 2023 so far. A key AI player is…
Brands want ‘fewer, bigger, better’ creator relationships as the appeal of micro influencers dips, according to a new marketer survey. Here were 4 other key takeaways.
Influencer-marketing agency Linqia released a new report about trends in the industry. Influencer-marketing agency Linqia released a new report about trends in the industry. Brands prefer partnering with macro influencers (100,00 to 500,000 followers), the report shows. Here are four other key takeaways from it. According to a new report from the influencer-marketing agency Linqia,…
