Showing posts with label vary. Show all posts
Showing posts with label vary. Show all posts
Tuesday, September 22, 2015
How to Make Money At Home Selling Pin Buttons
Purchase a pin button maker. Online retailers sell button makers that range in price from about $30 for a low-end model and up to $350 for a more advanced model, as of 2011. You also need to purchase pins. Pins are sold in bulk and priced by size. Prices vary among retailers.
Select button images and messages. Popular button themes include music, bands, movies and politics. Such button themes appeal to all age groups.
Print a button image on a color printer. Cut the image to the same size as the button. Place the image on the button. Place the image and button on the button maker with the backing and plastic cover and pull down the lever. Repeat the process until you have enough to sell.
Open accounts on arts and crafts retail websites. Examples of such websites include, but are not limited to, eBay, Etsy and Artfire. You can also sell buttons to friends, family and community organizations. Price your inventory to sell. Compare prices of other button retailers taking into account your cost of materials and labor.
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Wednesday, September 9, 2015
How to Make Money in Commercial Real Estate
Put your finances in order. To invest in commercial real estate you must have ample cash reserves. Determine how much is available to use on property, including your financing from a commercial lender. Mortgage companies will be able to give you an estimate of how much you may borrow and what it will cost. These types of loans have many points and other expenses that are associated with them.
Read about commercial real estate. There are many industry terms that you must familiarize yourself with. For example, it's essential to understand a properties 'CAP rate' so that you may properly analyze it. If applying for a loan, you need to know what the 'DCR' is. The Realtor.org website has a comprehensive list of commercial real estate terms that you need to review carefully.
Research the market conditions. The real estate market, like the stock market, will vary often. When the conditions are unfavorable, the prices for real estate investments will be much lower, which is a good time to purchase a property. When the market is on the rise, the property will be higher in price, which is the ideal time to sell.
Research the area where the investment is located. Commercial properties are good investments if they are in a prime location where businesses will want to rent or apartments are in high demand. A 'bad' neighborhood does not necessarily translate into a bad investment for apartments. Take a look at the consistency of the vacancy rates and how often tenants are late paying their rents before you decide not to buy in a certain area.
Make a plan to add value to the property by budgeting for improvements after you close the deal. Have a contractor inspect the property and give you an estimate on the cost of what you would like to accomplish before you place an offer. The value added to your property will pay off with a higher occupancy rate and a profit at the time you sell it. Some fixes may include renovations of older buildings, adding landscape or putting on a coat of fresh paint.
Find a commercial agent and buy a property. Have the agent draw up the contract and help you navigate the process through to the close.
Rent out the property or hire property managers who will do it for you. Keeping your asset full of renters who pay on time every month might be challenging, but competent management will know how to accomplish it. Always update yourself on the property and keep close watch on the finances and monthly spreadsheet. If possible, pay all of the bills yourself and control the outflow of cash carefully.With a building at or near full capacity, you will be able to make a profit every month. When it's time to sell a property that has added value from improvements and a good occupancy rate, the possibility of making a large profit is much greater than if you did not do your research before you made your purchase.
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