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Although almost anyone has been warned that he or she should pay special attention when they pay the bills whether they are shopping online or make a purchase over certain kind service, there are still a lot of people fall victims to the jugglers here and there. If you are the one that encountered the misfortune, you can follow these instructions I show you here and I hope you do this as soon as possible. Even you just suspect that your personal info or credit card num, take is seriously.
Go directly to the provider of the service, such as a bank, a card company, or any other ISPs, and ask them to investigate your query and give you a detailed login log or account log. Then you can get the idea of your card activities or login IP. Focus on the unauthorized charges which have been made recently to your credit bill, and try to go into the charge and use the search engine to get the highly useful information.
Unbelievable, I did my first real estate deal today. I have generally always avoided this asset class as the ROI didn’t meet my criteria – buying a house at a 5% rental yield is and was a waste of money for me. That’s why I never bothered even to buy my own apartment to live in since renting made sense to me. But I finally found a way how to improve ROI significantly with blending in some development as well.
I bought an unused attic in an apartment building today, where me and my building partners will develop two pretty exclusive apartments with roof top terraces. I acquired two garages in the building as part of the deal as well. I paid around $260k to acquire the property. Redevelopment will take about 9 months and will cost around another $320k. So total cost around $580k. Then I plan roughly another 6-12 months for the apartments to sell for around $1.3 million. This kind of ROI suddenly makes sense to me, so I might do some more of this stuff in thefuture…
Happy New Year’s everyone! Hope 2011 will be a great year for you!
Anyway, just wanted to share an idea I have had for some time now. Never really got a chance to do it myself initially, then I decided that the business opportunity isn’t that huge and I have to focus on bigger niches. It’s basically an aftermarket play exploiting the drop game, a domain flea market if you will.
The idea is simple – all of us domainers drop domains sometimes, we choose to let them expire. The idea is that somebody would build a service where you could push these domains, say 2 weeks before they expire, and offer them for $10 a piece + renewal fee. If two or more people would be interested in the same domain, a standard namejet style auction would follow. The service operator and the domainer would then split the proceeds 50/50.
The service would just need to create accounts at all the main registrars where domainers would push the domains and do some simple programming of the marketplace, not much work imho.
This idea is based on a simple premise: some people can find gems (in their perception) in your garbage.
I personally drop a couple hundred thousand domains a year. The thing is that my only criteria for renewal is if the domains make reg fee. If they don’t, I simply let the domain drop and there are definitely gems in these drops that other people can discover but I don’t have time for.
I hope I created a new buzzword “drop monetization”:). Hope somebody picks this idea up. Good luck with it!
I don’t know what’s going on but in the last two weeks we have been approached by 3 different midsize VC/private equity firms enquiring about investment possibilities in EO. Obviously we aren’t on the radar of the big names such as Sequoia Capital or KPCB, but it still is encouraging in a way. The dilemma we have is quite funny – we really don’t know what we would use the cash for. I don’t really believe in “strategic looking” acquisitions (think Oversee buying Moniker and SnapNames) since I think they rarely create value, only opportunistic small bolt on acquisitions. Also a partial exit for our investors or me isn’t that interesting, since we really don’t need the cash either (would result in another dillema – where to put the money). So I really wonder how this will play out. In a way it is good that you really don’t need the cash, since you can really be picky and only accept a really good valuation. It also might be good to wait another year or so because I believe things will heat up again and there will be more institutional money swirling around.
This article has been pulled since Howard did the right thing and deleted his original blogpost. Tip of the day – why don’t the TRAFFIC and Oversee folks exchange tickets to their shows, so both parties could attend for free? Would be an elagant way how to end this terrible beef.