There is no quick way to make money or get rich in real estate, but you can grow wealth gradually and consistently by investing correctly. You are probably aware that there are numerous ways to accumulate wealth, but real estate is one of the most effective. Having said that, making money in real estate or profitable investing requires sound guidance, methods, and determination. While investing in real estate is a proven and true method of earning money, it, like any other business, comes with inherent dangers. If done correctly, real estate can be an excellent vehicle for wealth accumulation if…
Author: Private Lending Agent
While the media paints a pessimistic picture of the current state of New York City, the truth is far more complicated and there are many reasons to be optimistic about New York today, the first of which is the strength of New York's economy.At Commercial Observer's “The Future of New York” event, held at 5 Times Square on March 28, panelists and keynote speakers offered frank assessments of New York City's current good and bad points, emphasizing the imperative for more collaborative government at both the state and city levels.See also: Green Street appoints two growth-focused executives in Southern California…
Key takeaways Average business loan interest rates range from 7 percent to 99 percent depending on the type of loan and the lender SBA loans offer low-interest loans to many types of business owners, including startups and bad credit borrowers Factors that can affect interest rate include the Federal Reserve’s federal funds rate, your business’s characteristics, the type of lender, and whether you opt for a secured or unsecured loan Interest rates for a business loan can vary considerably based on your business finances, industry and credit history. With good or excellent credit, you could see small business loan rates…
Join our team today! MacRo, Ltd., a commercial real estate company based in Frederick County, Maryland, has three highly dynamic sales representatives and is seeking a full-time Office Manager who can perform administrative, accounting, marketing, and property management functions. This is a fully charged position that will work independently while reporting directly to the President and Vice President of the company. The incumbent will regularly interact with clients, tenants, outside vendors, and suppliers and participate as a team member with all staff. The incumbent will problem-solve and make day-to-day decisions necessary to effectively ensure the smooth operation of the four…
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My book has “probably doubled” thanks to Acrisure | Insurance Business America Insurance News My book has “probably doubled” thanks to Acrisure Why this insurance broker doesn't regret partnering Insurance News Jen Frost In 2017, Florida insurance company Lassiter Ware partnered with Acrisure. Mike Shea (pictured), EVP of Acrisure and a former Lassiter Ware shareholder, has no regrets: He estimates that Acrisure's strong backing has nearly doubled his wealth. Being a niche consultant with a focus on nonprofits, health care, construction and captives has helped the firm see an increase in bookings, but ultimately, “it's about providing more resources for…
Real estate transactions require a significant amount of document sharing. Multiple email exchanges between buyers, sellers, their agents, lawyers, financiers, etc. make the process very cumbersome. More importantly, if one person is delayed, the others may not notice the delay. Therefore, blockchain can be used to share documents and data on the progress of the transaction process, increasing transparency. In Japan, SBI Holdings, SBI Real Estate Finance, and Sumitomo Real Estate Sales are collaborating on SREC, a blockchain-based solution. So far, the company has conducted a demonstration of SREC using R3's Corda enterprise blockchain, and following the success of the…
TULSA, Okla. — The University of Tulsa has established a Real Estate Studies Center to accommodate the more than 100 students already interested in the Collins School of Business.Professor Megan McCollum, who directs the program, told 2 News this is a space that has been lacking not only at the university but in the state of Oklahoma as this is the first program of its kind in the state.”We're really excited to be leading the way,” McCollum said. “We're creating opportunities for students, we're creating research opportunities for faculty, and we're also creating opportunities for students and faculty to collaborate…
Successful real estate investment has long been one of the proven ways to become wealthy. Buy or secure title to land. Develop the improved agricultural potential of the property build housing you can rent out, or make the investment property more attractive to tenants so you can charge higher rent. These are common ways to become successful in real estate investing. The real estate market is always changing, and not just in terms of where people want to live. But we all know that real estate provides better returns on investment than the stock market without as much volatility. In…
Get Trend LinesA business newsletter from Globe columnist Larry Edelman covering trends shaping business and the economy in and around Boston.Most of Boston's $4.3 billion budget is funded by property taxes, much of which comes from commercial buildings that are already taxed at more than twice the rate of residential properties. In municipalities with split tax rates, like Boston, state law limits how high commercial buildings can be taxed and how low residential buildings can be taxed. Wu wants to expand those limits, which he needs permission from the Legislature to do.If commercial building values continue to fall, the city…