The start of the New Year is an exciting time. By now, you’ve reviewed your business goals from the past year, documented your successes and made note of items that were not as successful, and have established new goals to move your business forward in the year ahead.
Buying commercial property can be challenging. The properties can be very expensive, and you’ll usually need a down payment of at least 35%. Fortunately, there are many opportunities to fund commercial real estate creatively. Always remember that commercial real estate owners are business people. Everything is negotiable.
In today’s world, broad exposure is necessary to increase your return on investment by using the most effective marketing campaigns. In order to master marketing and turn your business into a marketing magnet to capture business, knowing how to leverage your social media networks and utilize technology tools is key to the success of real estate investors.
As entrepreneurs, we often want to do things on our own. That’s one of the primary reasons that you started your own business, right? But that’s not always possible, or profitable for that matter. At some point, most entrepreneurs and small business owners find that it’s necessary to expand their horizons in order to grow their business and increase profits.
Investing in rental properties can be a good way to introduce diversification to your portfolio of assets over the long-term. But, investing in real estate isn't easy- especially for first-time investors. Your chances of getting a decent return will be significantly affected by how you approach your investments and how willing you are to properly research the income potential of a property.
Though some have debated the validity of this aphorism, when it comes to starting a new business, it is an unavoidable fact. Even the most simplest of business ideas will require some kind of monetary investment on your part. For example, you may need an upfront amount of cash that can be used to for equipment,