Finding financing in any economic climate can be challenging, whether you’re looking for start-up funds, capital to expand or money to hold on through the tough times. But given our current state of affairs, securing funds is as tough as ever. To help you find the money you need, we’ve compiled a guide on 10 financing techniques and what you should know when pursuing them.
via Inc..
Tenancy-at-will, obviously, works better for the party that plans to quit the contract and generally is unpleasant for the person who has to make an unexpected change. Sometimes both parties are ready to part and all is well, but that’s just lucky. Landlords are hurt when tenants leave during non-peak rental times. Tenants are almost always hurt because moving has both up-front costs for security deposits plus the fuss and expense of moving.
As a renter and as a landlord, I preferred annual leases. I don’t like sudden changes. However, I also like permission to sublet. As a tenant, I sublet at least once (it was an September to August lease; I left mid-July and sublet to someone who stayed the next academic year.) That’s also how I run my rental unit; my tenants sublet and it has been no problem. What do you do as a tenant or as a landlord?
via Boston.com.
This is a topic I discuss regularly with would-be buyers and investors: Why would anyone buy real estate in today’s tough times and down real estate market? The answer is very simple: It’s truly one of the BEST TIMES to buy or invest in real estate? Puzzled? Read on…
Whether we are heading into a recovery or a double dip recession may be an open question. But one thing is certain: No matter what the economy does, your venture will be better off if you avoid these money wasting mistakes.
The first reason is that you don’t follow what I say and you don’t send out letters. This is the reason 99% of people aren’t successful. The second reason is because you send out a terribly written letter that doesn’t get any response. Luckily, if you network properly you can find investors who will share their profitable letters with you.
via biggerpockets.com.
Some of the most important steps a landlord can take to maintain asset values in today’s market are focusing on tenant retention, improving the curb appeal of their properties and launching programs aimed at building leasing momentum.
via GlobeSt.com
The march of the hotel alternatives continues, this time with the arrival of a home-swapping service aimed squarely at the upper echelon of homes. Luxe Home Swap allows people with high-end dwellings to swap accommodation with others all over the world.
via Springwise.
Dennis Kefalinos purchased the 2.2 million square foot Russell Industrial Complex for $1.5 million in 2003, gambling manufacturing or industrial tenants would appear. They haven’t.But seven years later, he has filled 25% of the factory with artists and small businesses who pay $550 a month, heat included, for 1000-square-foot studios / shops. And he didn’t pursue this angle. The tenants came to him, one at a time, at a rate now of one new tenant a week.
via Agent Genius
