Many real estate investors fail to achieve their dreams because they fail to properly launch their investing careers or because they reach a crossroads and don’t know which way to turn. Confused about the next step to take, they spin their wheels, do nothing, and eventually opt to walk away from real estate completely and go back to a life of mediocrity. To prevent this from happening to you, follow this simple seven step roadmap to success.
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5 Cheap and 5 Not so Cheap Ways to Green a Client’s Home for Sale:
The Not So Cheap:
5) Install new energy efficient appliances. A typical home’s electricity bill is $100 per month. The EPA estimates that approximately 18% of a home’s energy usage comes from appliances. Installing new energy efficient appliances use 25% less energy then a 10 year old appliance. In more real terms that means a home can save at least $5 a month from installing new energy efficient appliances. For Realtors, you won’t be able to sell your clients on replacing appliances based solely on monthly energy savings, but it can certainly be part of your sales strategy…..in addition to adding to the aesthetic value of the home.
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While business financing patients (commercial borrowers) might be in serious condition when they find that their bank will not provide needed commercial real estate loans, experienced small business finance specialists can frequently help in restoring financial health that will facilitate a business getting out of an intensive care situation. In some cases this involves finding a healthy bank that is willing (and able) to provide “normal” commercial mortgages, but it will probably be necessary to explore non-bank solutions in many other instances.
Lending activity has also decreased significantly for other forms of business financing such as working capital financing. Commercial loans have essentially been downsized or laid off just as many workers have. The realization that banks are rarely announcing publicly that these cutbacks have occurred is what makes this situation different. Perhaps bankers like to think that when they stop making small business loans nobody will notice. When it becomes public knowledge that their small business lending window is effectively closed, the bankers who placed commercial financing into intensive care are astute enough to realize that their public image will suffer even further damage.
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