With today’s economic downturn, everybody is looking for ways to survive – and this includes big banks. These banks are looking for ways to streamline their operations, concentrating on more profitable lines of business and letting go of others. Sadly, small business loans are part of the cut. It is admittedly harder for a small…
“You need money to make money.” So the saying goes. And this is very true for small businesses. You need cash to fuel your operations and keeping the ball rolling. As an entrepreneur, there may be problems with your business’ cash flow due to seasonal factors, as well as gaps between your collection and capital…
Thousands of apartments are expected to hit the Los Angeles rental market in 2016. Between 2014 and mid-2016, rent prices will likely see an increase of more than 8-percent. In fact, in Los Angeles alone, prices jumped 12-percent in 2015, while vacancy rates hovered at a low 3-percent. Los Angeles has seen a steady increase…
As the demand for single-family housing increases throughout most of the U.S., this leads to an increase in other types of real estate investment prospects. When single-family housing increases, this also creates a demand for industrial, multi-family, office, hotels and retail. In fact, construction and land development loan needs have gone from less than $140…
Hard money loans are often associated as the last resort for borrowers, developers or investors. Many people assume these loans are only for developers with poor credit, but in reality, these types of loans can help expand real estate portfolios and allow developers to immediately take advantage of excellent investments with fast closings terms. There…
America has never experienced this severe of a housing shortage crisis since the end of World War II. Now faced with sky-high rent prices, an undersupply of rentals and an acute housing deficiency looming, experts fear what could be next to come. Homebuilding rapidly declined when the housing bubble burst in 2006 to 2007. Homebuilders,…
A buyer finds the perfect house and as a real estate agent, I put in an offer. The offer is accepted and the dreadful part begins: dealing with the bank. A decade ago, loans could close within 45 days. Today, it is 45 days, plus a 15-day extension … and then another 15-day extension. My…
The significant force behind the real estate market growing is globalization, urbanization, technology and demography. A staggering 46-percent of Millennials are looking for cities, with 36-percent of Gen Xers considering cities and 30-percent of Baby Boomers. Suburbs are beginning to grow, as 24-percent of Millennials will consider this area, 25-percent of Gen Xers and 30%…
There are several ways to increase a commercial property’s value before reselling it. • Lighting – Lighting can make or break a space. Bright lighting makes spaces appear oversize and clean. View the lighting in each room, during the day, evening and even twilight hours. Make sure it shows the office’s true potential. The fixtures,…
Companies with headquarters outside of Washington are rapidly rushing to Seattle to open satellite offices. Facebook reportedly leased enough space on South Lake Union to accommodate 2,000 employees. This leaves Dropbox, Apple, Uber, Cisco and Groupon still looking for Seattle-area satellite office. Seattle employees offer a wealth of talent and these companies are looking at…