Category Archives: Business

Investing In Real Estate During The Pandemic

Real estate developers can use illustrated maps as a marketing tool. Interactive pinpoints can be included to indicate specific home sites and developments. Users can also amplify the features of a fully interactive illustrated map for relevant information. You can access interactive map makers and their services for more in-depth information.

Times are extraordinary and scary right now so that many are tempted to take out their investments and keep them under the mattress until things settle down. The question however is if things will settle down and when? Sometimes, it seems that the world is going from one catastrophe to the next.

No one ones what will happen to the real estate market but there are those who continue to invest in deals that make financial sense. There may be opportunities available in the new normal. Investments can be made on single-family and multi-family income producing properties located in smaller towns. Prices in smaller towns are less volatile and rent-to-price ratio is more attractive.

If you have invested in more than a dozen single-family homes on south-eastern North Carolina near the military bases over the last two years, you will know that the cash flow from these markets is quite excellent. For every $100,000 investment on purchasing and property renovations, you can get $1,000 rent per month. The amount is more than double what you will get in the D.C. area where the rent is only $500 for every $100,000 investment.

If cash flow is higher, there is better security and ability to weather any downturn in the market. You will get an instant equity from properties by purchasing them for 60% or 70% of their value. After buying the property, you can apply for refinancing and keep cash on the pocket. When the market is tumultuous, cash is the most valuable asset because you can easily use it to capitalize on any opportunities.

Why settle for an ordinary static map when their services can provide you with a fully interactive illustrated map? The interactive map can be incorporated into your site as a link or as a fully functioning system that will reside on your browse.

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Investing In Real Estate During The Pandemic

If a digital agency needs a King Kong advertising review to influence clients to work with the company so do real estate agents. Reviews from clients matter a lot because prospective homebuyers usually search online for properties. Advertising in the housing market has changed from the traditional newspaper ads and house for sale signage to online advertising.

People are scared of the pandemic and they are often tempted to hide their money until things return to normal. The question however is when will things settle down? Will you invest in deals that make good financial sense or will you lend your money to other investors. Will you take advantage of the opportunities available during the crisis?

If you will look farther away into the future, there are property deals that actually work. A 20% to 25% equity in a property renovation might generate a modest profit. Good investments right now are single-family and multi-family income-producing properties with prices that are less volatile.

Cash flow from single-family homes in south-eastern North Carolina around the major military bases is excellent. For every $100 thousand paid for the property and renovations, you can expect about $1,000 monthly rent. The income is typically double than what you can expect in D.C. where you are very likely to get $500 in monthly rent after spending $100,000.

The key to getting instant equity from the properties is to purchase them at 60% or 70% of their value. To ensure that there will be liquid cash in your account, use the money of the investors or try refinancing. It is important to always have cash during a crisis. Flipping homes can be an expensive business. It is difficult to generate a worthwhile profit. You may also lose money if the market declines.

It is a different thing for digital agencies. They are now on-demand because people are working from home and businesses have to improve their digital marketing campaigns. One of the tools that a digital agency uses is King Kong advertising review based on the personal experiences of clients. For most people, reviews are synonymous with word-of-mouth recommendations.

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The Negative Impacts Of Data Breach

Data that is stored in a computer is not always safe. You have to anticipate potential threats that can put it at risk. It can get lost, corrupted, deleted, or altered due to system failure, virus, and other unfortunate reasons. And in case you lose your devices, your data may only be stolen by people you do not know. This is why data security methods are there as protection. Especially if you are running an organization, data security is important to avoid security breach. Here are some examples on how breach can negatively impact your organization or business.

  • Data breach leads to expenses, fines, and reparations. In 2017 alone, the average US data breach has reached up to $7.35 million according to the Ponemon Institute Cost of Data Breach Study. It was a 5% increase from the previous year. That cost involved legal fees and fines. There were also auditing services and financial losses.
  • If you do not hire a technology & cybersecurity management team, you may experience data breach that can only ruin the reputation of a business. People who know your business will definitely be discouraged from getting your services. What’s worse is that you may only end up seeing your business name on Google with a breach on the title. Your company may be able to fix the breach, but there is no guarantee that people will immediately forget about it.
  • Your employees will lose their jobs. As a business owner, it is your responsibility to have a technology & cybersecurity management team so you can ensure the job security of your employees. Some companies who suffer from data breach have led to two high-level redundancies. Others were also required to pay for security breaches.

As an organization, it is important for you to store your data with good security in order to protect your employees, to prevent financial losses, and save your company from reputational damage. At the end of the day, data security is not a petty concern. It is a board-level responsibility that should be seen as an important part of the business strategy of your company.

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How To Start A Junk Hauling Business

If you have a pickup truck and you plan to start a junk hauling company, then you may be surprised at how profitable it is. Here are some things to consider before you start one:

  • Market – You have to study your market. Check out what companies are known in your region. These are either national or local competitors. As a newbie in the industry, you should know who provides great services to your potential customers.
  • Pricing – contact your competitors. For instance, you should pretend you are a customer of Earthwise Hauling and ask them about their rates. Do not hesitate to ask questions about their fees and other services.
  • Business Plan – You have to know how much it will cost you once you figure out the charges of every hauling service. You should compute your overhead, which includes gas and marketing. You also have to think about the government fees. Be ready for disposal costs as well.

It is important to decide on the range of your business. Are you going to limit your service on residential junk removal? Or are you willing to go for commercial debris? You should also consider your operating days, whether you are going to provide services on weekdays or weekends. In addition, you should know the level of heavy lifting you can do. Learn the government regulations in your area so you can avoid fines and violations.

  • Marketing – Promoting your business is important so you can stand out among your competitors. It is also a way to be visible in the industry so your prospective customers will know you. Reliable companies, such as Earthwise Hauling, started as a small business until they became popular not only because of their quality services, but also through effective marketing. Take note that you can have the highest standards of services but if you are poor at marketing, your competitors will surpass you. You can start by setting up ads or creating a website. To expand your customer reach, your online presence should be eye-catching. Make sure that your company page provides all necessary information about your business and it has a section for inquiries.

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Uncertain Times For The Real Estate Industry

COVID-19 has not yet affected the trucking industry. You can easily find a trucking company to ship your goods. Similarly, the corona virus has not seriously affected the Canadian housing market or commercial real estate. However, both industries are facing a great deal of uncertainty in the coming days because of the global impact of the outbreak.

According to Sotheby’s, International Realty real estate agent Paul Maranger, Air Canada has recently cancelled direct flights between Toronto and other Asian countries which means that foreign buyers are not travelling to Canada to look at properties. It is common for property buyers to refrain from real estate decisions during times of volatility.

Compared to counties like China, Italy, South Korea and Iran, Canada has been relatively unscathed by COVID 19. It is expected that the situation will stabilize by May when the flu season is over. Maranger remains optimistic that increased demand will be experienced by the housing market particularly since Canada has a great international reputation.

On the other hand, Christian Vermast, Sotheby’s agent, expects that the commercial aspect of the real estate market will be hit hard and fast. People are avoiding social gatherings and large groups. Businesses like restaurants and retailers may postpone their plans of expansion until next year. Residential real estate property decisions are more emotional while commercial property decisions are based on investment decisions.

While it is still premature to conclude about the effects of COVID-19 on Canada’s real estate market, it has been observed that commercial real estate market is slower moving than the stock market. However, the first quarter of the year is usually the weakest for commercial real estate so that making conclusions must be done carefully.

Since interest rates have been recently lowered, it could support consumer activity that can create increased momentum for Canada’s residential real estate sector.

Meanwhile, if you are trying to find a trucking company to ship your goods, make sure that you choose wisely. To save your precious time and money, look for the seasoned experts that can provide the right solutions for your needs with professional expertise at a competitive rate.

 

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Marketing Technologies For Real Estate Agents

In a YouTube video you will see King Kong Sabri Suby explaining the science of customer acquisition in the real estate industry. It is very likely that the client of a real estate agent is a stranger who won’t appreciate a sales pitch until he is ready. Clients prefer to work with someone they know which means building a good relationship early in the process.

The real estate industry is built on people and relationship but new technology has changed the game. By embracing recent innovations in technology, real estate agents can market a property to potential clients without missing out on a huge opportunity to make a sale.

Home buyers and sellers cannot be at the same place every time. For the real estate agent, time is very critical because he has to coordinate and attend open houses and showings. Aside from 360-degree and drone videography, 3D virtual tours are also available that allow a prospective buyer to view a client’s home even without their presence. Technology will also benefit global property investors who are unwilling to travel to visit a property.

Virtual reality is also important when the real estate agent offers a property that is still under development. It can be difficult for a client to imagine how the property will look like once it is completed and furnished. VR will allow a buyer to have a realistic view of the property that is completely developed.

According to the results of a 2018 survey made by the National Association of Realtors, 44% of recent buyers start the buying process by searching online for properties that are for sale. It is important for a real estate website to include specific keywords to make sure that website content appears higher in search results. People generally click on sites that appear on the first few pages of search engine results.

According to King Kong Sabri Suby, the number one highest converting and profit exploding traffic comes from organic search. Google can’t be tricked into ranking a site which means paying attention to SEO keywords that people use to search a property or a real estate agent with whom to work.

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