Today’s idea is brought to you by the founder of Byldd.
Byldd can help you turn that startup idea into a real product, ready for customers.
1. Business idea of the Week: A Niche Real Estate Research Platform
When it comes to the real estate market, towns and small cities are a goldmine for untapped investment opportunities.
These offer potential that larger real estate platforms often miss.
But finding information on the opportunities is tough when you’re not a local.
And that’s the problem…
The idea: a locally focused real estate research platform.
As Warren Buffett says, "Don't invest in what you don't understand".
And that’s especially true in real estate investing.
Financially savvy investors ($1 - $10MM net worth) follow that advice very strictly and will pay for access to nuanced, detailed information on local real estate. Things that large companies like Zillow and Redfin can’t account for like:
Which neighborhoods are rough or upcoming
Which places flood when it rains
What the local community is like - and actual insights from locals.
It’s about highlighting the investment potential of small-town real estate in a way that resonates deeply with both local sellers and global investors. And providing data that investors will pay big money for since they can’t get it anywhere else.
How to find data: You’ll want to start with publicly available data like flood maps and crime reports, but the real data will come from manually sourced data.
Things like calling up local restaurants and asking about the best things to do in town, and what the locals think about the future of the town. It’s about doing the stuff that doesn't scale, so you can demand a higher price.
Once you’ve got the data figured out, it’s time to package it all.
But how do you go about building a platform like this? It's a little too complex to do with no-code tools. This is where startup studios or development agencies can be a massive force multiplier.
Specialist startup studios like Byldd focus on helping founders launch products and get paying customers as fast as possible. They’re currently offering a deal to get your revenue-generating, investor-ready product done in under a month, for less than $10K.
And that’s a wrap!
2. Links I like.
Inside Look at the AWS Sales Team - The Follow Up
Greg Isenberg’s $7K Office Set Up - Twitter
The Elon Musk Book (Reading this book right now and it’s awesome)
3. Business ideas from Twitter
I spent an hour scrolling Twitter trying to find business ideas.
Here’s what I found.
I love this idea.
Perfect for a high school or college student.
Buy an unlimited car wash pass. Sell $40 carwashes door to door.
Profit on your 2nd car.
Trailers are a great way to get into the rental business.
Buy a trailer for $2K. Rent it for $200/day.
You’ve paid it off after 10 rentals. And now it’s all profit.
2 rentals per week could make you an extra $1,600 per month with very little time.
When companies want to let everyone know that they did something, they use Business Wire to release a “press release”.
But it’s expensive to do so…
No idea where to even start with building a biz like this, but there’s always an opportunity to disrupt the only player.