Want to Achieve Financial Independence? Invest in Apartment Buildings!

Most people want to achieve financial independence. But very few manage to become financially independent. Investing in apartment buildings is one of the most reliable and fastest ways to reach financial independence. Most people know that you can make big money in commercial real estate. But they think that it is only for people with lots of money. In reality, you do not need much money to become a commercial real estate investor.

One of the main reasons why most people fail to achieve financial independence is because they think that it is impossible so they do not even try. But with the right vehicle the chances of becoming financially independent are good. Investing in apartment buildings is one of the best vehicles to achieve financial independence.

The good news is that it is fairly easy to buy apartment buildings. It is possible to get started with little money and the necessary knowledge is easy to acquire. But you need a lot of courage to buy your first apartment building. Even if it is possible to get started with very little money, having a couple of thousand dollars available will make things easier. You want to pay for an inspection of the building. The cost of such a survey depends on the property, generally smaller surveys cost $1000-2000. You need to get an appraisal in order to get a loan. The cost of the appraisal can sometimes be rolled into the loan. The price of an appraisal depends on the property as well, starting from around $1000.

In most cases, you also need to come up with earnest money. How much earnest money is needed is negotiable. If you are dealing with a motivated seller, the money you need to provide can be small. But the real advantage dealing with a motivated seller is the possibility of getting seller financing. The banks will only lend you 70-75% of the appraised value. A motivated seller will lend you the remaining money. Closing costs in commercial deals are often high but most of them can be rolled into the loan and a motivated seller may lend you the money you need to close the deal.

It is difficult to buy your first apartment building. But given the handsome cash flow a successful deal will give you, it is well worth trying to get started. Even smaller deals should provide you with a four figure positive cash flow, per month. Already your first deal will get you well on your way of achieving financial independence.

Choosing FHA Home Improvement Loans

In order to obtain affordable homes through loans easier, people can turn to FHA home improvement loans. This gives them the opportunity to borrow up to $25,000 for homes and there is no equity.

In a nutshell, the loan that you make with FHA home improvement loans can go beyond the value of the house that you want to buy.

Choose the right FHA home improvement loans program that will assist you in the light or moderate rehabilitation of the properties. There are features such as the construction of non-residential buildings on the property.

This may mean an asset in the long run. Let’s say you purchase a home and they eventually make a playground. This will be good news for your children.

The program you sign up for can also give you the loans that you need that can assist you in the 20 years time. It may be for single or multi family properties. Either way, the maximum loan amount should be seized.

If you want to improve your FHA home improvement loans, the best thing to do is to not exceed the total structure. There are fixed rate loans and check whether the programs you choose offer the same thing.

There are eligible borrowers for these scenarios. If you qualify, then you are lucky because you are a step closer to getting your own home.

Just make sure that this home is what you really want. If you can speak with the person who is leasing the property, do so. Provide him with the information he needs from you. You must also come into an agreement of the timeline.

The date must be clear on when you have to pay and when he can expect the money. As the person buying the property, you should always make sure that you pay on time so that your loan does not increase.

Remember that there are inflation rates when ever you skip a payment in any loan. That is the same case with FHA home improvement loans.

Another thing to remember is that the FHA home improvement loans can be used to finance the permanent property improvements in your investment in the long run.

With that being the case, you get to protect or also improve the basic livability of the home that you are spending for. A home is an investment therefore you should always make sure that you are taking the right steps to maintain it.

5 Reasons Why You Should Create a 2015 Marketing Plan Even If You Don’t Want One

No doubt with the new year quickly rolling around in just around the corner, your company is preparing to tighten up its business plans.

As much as you’re tempted to just stick with the same old business and marketing plan, with hopes that it will help to increase profits, it’s time to go back in the saddle and update your marketing strategy for 2015.

Here are a few ideas to help you…

1) Taking advantage of new technology will help you win the race.

We can all agree that technology is here to stay, with new web trends, mobile phones and tablets, marketing tactics should accommodate emerging tech.

To generate more profits in the upcoming year, figure out fresh ways to deliver content and your service through these new mediums.

Ask yourself, has your company delved into the mobile app development industry?

Is your online presence strong?

These are just a couple of things that should be apart of your planning when developing a 2015 marketing plan.

2) Top brands are boosting ad spending.

According to Ad Age major auto brands such as Audi and Chevy have announced their plans to launch more television advertisements. While you may not have a Fortune 500 marketing budget, such moves from top brands inspires ideas you can borrow for your marketing, on a smaller scale.

Create a new marketing strategy that allows you to advertise on emerging platforms, if it can be measured for ROI.

3) What worked and what didn’t work?

As great as some of our marketing ideas seemed for 2014, you have to admit that not all of those supposed “great” ideas worked. Understanding where you went wrong with past efforts will help you determine where things fell apart.

Also, it provides concrete evidence that supports continuing or changing your marketing strategy. This is one of the most important things you should think about when creating or updating your marketing plan for 2015.

4) New products and services deserve fresh planning.

Has your company added new products or services to the product mix? Perhaps you’re launching a new product or service soon?

Using the same marketing tactics for new products and services may not work as well as past marketing for your existing products and services. You want to get consumers hyped about the latest things you have in store. This requires a change in marketing focus.

5) Move a level up on your competitors.

You can bet your last dollar that your company’s competitors are brainstorming different ways to surpass you and to stay on top. This means that they are creating fresh and maybe innovative marketing tactics that will entice clients, customers and patients.

You may want to do the same if you want to stay a step ahead. Including innovative tactics on your marketing calendar will help make your upcoming year profitable.

Even though last year’s plan may have worked fairly well for you, why not shoot for better results with an updated marketing plan for this upcoming year?

Discovering Your Target Market

The first step in establishing your target market is to understand exactly why anyone would be looking for your product. Ask yourself what problem does your product solve? Also ask yourself what type of person or business would be willing to pay for your product as a solution to their problem.

When determining your target market, who you think is your ideal customer, may not necessarily be right. It’s best to let research lead the way and take the guess work out of the equation.

By looking at the statistics of who has already bought from you can help narrow down your target market. Look for trends in geography, gender, age group, financial status and interests. All of these criteria can help you piece together a picture of your ideal customer.

Are most of your customers local or global? Male or female? Do you sell more products in-store or online? Answering questions like these can also show you who your ideal customers are and how to best sell to them.

Evaluating your competition and their marketing strategies is another way you can define your own target market. Looking at how they market and who they seem to be marketing to will give you an idea of your industry’s ideal customer.

As you probe deeper into your target market, you need to determine whether or not you can effectively reach those people. Study your target demographic and their purchasing patterns. If you have a brick-and-mortar store, also look into your target market’s geographic location. You can use this information to find out if the people that live closest to your store are the same people who want to buy from you. If you are solely operating online, learning about your potential customers’ location and shopping habits can help you reach those customers.

As your business grows, so should your marketing efforts. Over time you may have to redefine your target market and change up how you are marketing to them. You will need to consider if the direct marketing methods you’re using now will still be effective later on down the line. You also may decide to expand your current target market to include other newly discovered prospects. If you want to grow your business you constantly need to be working your marketing plan.

The best way to succeed at selling your products is to market directly to those who are genuinely interested. Once you figure out who your customers are, what they need and how they shop, you will have a good idea of who you should be focusing your marketing efforts on. By arming yourself with as much information about your ideal customer as you can, you can push your sales over the top.

How to Launch Your Marketing Agency and Software in Just 1 Day

Marketing remains to be very important for any given business. It offers an effective way of reaching out to customers and making them aware of a specific brand transforming them into loyal clientele. Luckily, there are so many options when it comes to marketing and businesses are at a liberty of choosing what they feel is most suitable for the goods or services that they have to offer.

Online marketing has taken center stage considering that huge numbers of people spend a good amount of time online. It is for this reason that many businesses and companies now have online presences with most even making it possible for their customers to purchase what they have to offer online and even enjoy delivery services. The convenience customers get from this kind of purchasing has made them more inclined to finding what they need online at their own convenience. Online marketing has proved to be very successful in reaching out to a large target audience in a short period of time compared to other forms of marketing.

If this is the kind of marketing success that your business has been looking for, it could be time that you gave attention to white-label marketing software. This kind of software will give you the liberty of hosting your business domain, logo, name, templates, plans and even users in the simplest way possible. Even though it is something most businesses have heard nothing about, there are softwares now available in the market that can make it all possible for any kind of business. Using the marketing software, you will be in a position to do the following.

  • Create your own agency or business using your own marketing product. You can be as creative and impactful as you wish with this kind of freedom to make the most from your marketing efforts.
  • Host your own domain using your own marketing software. This allows you to ensure that your brand stands out since you are able to create a unique personal plan, design an email template and landing page as well as use local languages to achieve maximized results in the areas you are targeting.
  • Enjoy important regular updates through proper setup and customization possibilities. When using the marketing software, you will actually be in a position to access support at any given time and day, which makes sure that you never lose out on a potential marketing opportunity.
  • Enjoy complete marketing features meaning that you no longer have to struggle with clicking from one platform to another. The best software will have everything that you need for the process combined for your convenience. You will enjoy a program with a combination of auto responders, email marketing, drip marketing, CRM, landing pages, social media marketing, analytics and reporting all in one. This offers you a smooth, pleasant experience every time you use your marketing software.
  • Enjoy successful marketing without requiring much skill. Even those who know nothing about coding will find it easy to use the software to their advantage.