1. Select the right house in the right location. The first step in learning how to buy an investment property is location, location, location! An ideal investment property is one that requires mostly cosmetic corrections in an area that has shown a steady increase in property values. Locations that have lots of nearby employment opportunities tend to hold their value better, meaning you’ll have higher profits. As a matter of convenience, if the property needs work, buying something close to … [Read more...] about How to Buy an Investment Property: A Step by Step Guide
If you’re already a real estate investor, you know that flipping houses can be very lucrative. In fact, the average gross profit from a flip in 2016 was $62,624, resulting in a 49.4% ROI, which is the highest it’s been since 2000. With that kind of earning potential, it’s no wonder more and more people are buying and selling houses for profit. If you’re ready to become a real estate investor, Brass Financial Group can help. How to Start Buying and Selling Houses for Profit In recent … [Read more...] about Are You Ready to Start Buying and Selling Houses for Profit?
Real estate investors have to make tough decisions every day, which is part of what makes being your own boss both rewarding and challenging. A fundamental question that investors have to answer before starting out on the next big project is, “Where will I get the funding?” In this article we’ll review situations in which commercial hard money loans can help you. Construction Loans Construction loans can help if you’ve got a property in need of repair, you’re planning a fix and flip, or if … [Read more...] about Are Commercial Hard Money Loans A Good Idea?
Home prices are on the rise. Profits from fix and flips are at a 10-year high. And, as of 2015, the average flips per investor was just 1.63, indicating that more and more small investors are entering the market. All of these facts suggest that fix and flips can be quite lucrative, but how much can you make flipping houses? In this article, we outline some of the benefits of house flipping. Unlimited Earning Potential One of the things that makes flipping houses especially attractive … [Read more...] about How Much Can You Make Flipping Houses?
For entrepreneurs, the most exciting times are when their small- or medium-sized businesses are growing. But with that excitement there are inevitably growing pains. One of those growing pains is most evident when you’ve just gotten a big purchase order from a major client. Suddenly, your inventory isn’t enough to fulfill your new purchase order along with your current orders. It’s times like these when an inventory loan can help your business succeed. How Does an Inventory Loan Work? If … [Read more...] about How An Inventory Loan Can Help You
Did you know 70% of America’s freight tonnage gets moved across our country by trucks? In fact, according to the American Trucking Association, it takes 3.4 million trucks and 3.5 million drivers to move these goods from coast to coast and everywhere in between. At Brass Financial Group, we’re proud to provide small business loans for trucking companies. Who Can Benefit From a Small Business Loan? Whether you’re running a long-haul trucking business, operating a private fleet, or … [Read more...] about Brass Financial Group Provides Small Business Loans for Trucking Companies