When you refinance rental property, you can generally expect an interest rate starting at 5.04 percent for a 30-year term and a minimum 75 percent LTV. There are typically five steps involved when you refinance investment property. These include things like choosing a lender, applying to refinance the property, and the underwriting process. If you’re…
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How to Send a Press Release in 5 Steps [+ Distribution Tips]
![How to Send a Press Release in 5 Steps [+ Distribution Tips]](https://fitsmallbusiness.com/wp-content/uploads/2018/06/How-to-Send-a-Press-Release-in-5-Steps-Distribution-Tips-300x200.png)
The best way to send a press release is to personally send it to media outlets as well as syndicate it using an online service. This makes curating your own media list and selecting an online press release service important components of the five-step process. If done correctly, you’ll communicate your message to your intended…
How to Become a Real Estate Appraiser in 5 Steps
A real estate appraiser is someone who estimates the market value of real estate. Specializing in either residential or commercial properties, a real estate appraiser is often called upon to estimate values prior to important property events such as a sale. Here are the five steps to take to become a real estate appraiser. Step…
How to Start a Real Estate Holding Company or Real Estate LLC
A real estate holding company is designed to reduce an investor’s personal exposure to the risks and liabilities inherent with owning investment property. Commonly referred to as real estate LLC’s, holding companies also isolate income from a property or specific properties, simplifying bookkeeping and taxes. Starting a real estate holding company is recommended for most…
How to Make Money on YouTube—20 Ideas from the Pros
YouTube is currently the most powerful video-sharing platform in the world. Since its launch in 2005, it has produced numerous millionaires, with the highest-earning star pulling in $12 million in revenue in 2015 (Forbes). Plus, according to YouTube, the number of channels that hit six figures in annual earnings through the platform is doubling each…
How to Become a Real Estate Broker in 3 Steps
To become a real estate broker requires additional education and licensing, and it allows the broker to work on their own or hire agents to assist them. This guide will show you how to become a real estate broker, the requirements involved, how much it costs, and helps determine if becoming a real estate broker…
How to Hire Freelancers in 8 Steps [+ Free Contract]
![How to Hire Freelancers in 8 Steps [+ Free Contract]](https://fitsmallbusiness.com/wp-content/uploads/2018/05/How-to-Hire-Freelancers-in-8-Steps-Free-Contract-300x200.png)
Freelancers are third-party contract employees like bookkeepers and graphic designers who perform various tasks for your business. There are eight steps to hire freelancers, including choosing the right freelance hiring website and writing an effective job description. Following these steps correctly will help you hire high-quality freelancers at a lower cost than traditional employees. Because…
Real Estate Team Names: How to Build a Brand That Lasts
The most effective real estate team names can bolster your position in the marketplace. Incorporating such strategies as alliteration, slant rhymes, and creating positive emotions creates a memorable brand that resonates with potential clients. When it comes time to select an agency, we’ll show you how to be the one they remember. As you are…
How to Come Up With a Business Idea in 4 Steps
The best business ideas involve solving a problem — preferably in a space you’re familiar with a unique solution and a validation process. To come up with a great business idea, you’re going to need to become an idea detective, research common sources of business ideas, brainstorm solutions and test your idea. If done correctly,…
How to Become a Home Inspector in 8 Steps
A home inspector is a person who conducts a thorough visual inspection of a home and its major elements prior to purchase. This article examines how to become a home inspector in eight steps, including license and training requirements. With an average annual income of over $50,000, a home inspector salary can offer a solid…
Taxpayer Identification Number (TIN): Definition & How to Get One
A taxpayer identification number (TIN) is a unique identifier for a business, employee, or contractor that can be used on US government tax forms. Many people already have a tax ID number in the form of an employer identification number (EIN) or Social Security number (SSN). Having a TIN allows a business to obtain a…
How to Become a Personal Trainer in 6 Steps
When learning how to become a personal trainer, many do it because it can be a lucrative career choice. In fact, you can reasonably expect to make between $40,000 to $100,000 plus per year as a personal trainer. If done correctly, you should have a firm understanding of your offering and your target demographic as…
