Well first, what is wholesaling? As a quick overview wholesaling is taking a property that you have under contract and selling or assigning that contract to another buyer for a fee. How does this process happen? First you find a motivated seller and negotiate a sales price around 40-70 percent of the after repair value (ARV), obviously, the lower the better. You then take that agreed upon price and mark it up (depending upon how much money you...more
Mostly people think that availing loans at the time of financial crisis is not a good option due to its bulky documentation and long processing formalities. If a borrower was in quick need of cash, he would think that better asking financial help from their friends rather than to go for asking monetary aid from banks and institution. But with the introduction of payday loans no faxing, the entire loan process have been changed. One of the utmost...more
Recession is defined as the downhill movement of the economic growth of a country. Global economic recession is now being felt all over the world. There is turmoil not only in the business sector, but also in the daily lives of people. As an effect, inflation rate is high, thus, making prices of articles higher. More and more houses are being foreclosed which results to the sudden flunk of the real estate industry. And, companies are downsizing in manpower or worst, they permanently shut down their business.The common misconception nowadays is that this is not the best time to invest on business. On the other hand, some just closes the department of the company that is not the main priority or has nothing to do with the main product or service they are offering. But, this shouldn't be the scenario. They shouldn't spare one department because even though it is not directly related they are offering, I'm sure that it is significant to the company. They can always think of another way, for instance, outsourcing the IT department.There are tasks that can be done by others. You shouldn't think of it as added expenses because at the end, your company will benefit from this. As a matter...more
In the complex world of employee background screening, no two countries are alike. In the United States International investigators have a web of databases at their disposal and a vast network of local resources that provide a wealth of information at the mere click of a mouse.Its a different world in the Middle East. Technology is limited in...more
I have come across many examples of small business owners or directors who use personal borrowing to supplement their business cash flow. This practise may not strictly be the right way to finance a business but certainly it has for a number of years, been the reality for many businesses. Unfortunately due to the effects of the credit crunch,...more
Deferring taxes on your income is an investment strategy in which income taxes are paid at a later date for money invested now. The benefit of tax deferral is that it provides more money for you to invest now.For example, you are able to deduct $1000 from your taxable income this year and invest it into an interest bearing account, and in return, this deduction allows you to pay approximately $200 less in income taxes for the current year. You now have $200 more than if you had not invested the $1000. If you add the $200 you deferred in taxes to the $1000 you have already invested, you now have $1200 growing in your investment.Another type of tax deferral used by investors is the deferment of taxes paid on interest earned. The dollars invested have already been taxed, but any interest earned is tax free.Investment VehiclesTax deferred accounts shelter your money from taxes until you begin making withdrawals in the later part of your life, when youre likely to be in a lower tax bracket. The type of investment vehicles best for you depends on your situation. One available plan is the 401 (k). This vehicle is available only through employers who offer the plan. It allows you to make...more
The United States is home to 94% of all the lawsuits in the world and 75% of the worlds attorneys. Very few of them are willing to help you get mortgage debt relief, or give you free financial advice, but many are willing to come after you for the...more
Hedging, understanding the benefits of risk management in an enterprise wide solution. Risk management and hedging is a useful tool to reduce market place liability. Here are some tips on its uses.Second of a two part articleBefore discussing the use...more
Understanding Market Risk and the solutions available to mitigate or eliminate financial loss in today's global market.First of a two part articleFund managers, whether they be equity or bond traders, know all too well that returns are not simply a...more
If you are new to real estate investing, you are probably wondering where am I going to find my first real estate deal? There are actually a number of very effective methods you can use. Below I will touch on 7 different methods to find deals....more
Why do traders always talk about support and resistance levels? What do they mean and how can traders use these levels to better understand where the market is heading next?Understanding support and resistance levels can greatly assist both traders...more
Value investing is all about picking up bargains on the sharemarket.If you're an investor, with the market at such low levels, now is the time to look at adding to your longer term portfolio.If you're a short term trader, the underpriced stocks can...more