Normal wear and tear is damage that naturally occurs in an investment property due to aging. It typically results from a tenant living in the property and is considered normal depreciation. It’s not caused by neglect or abuse of the property. Landlords need to fix normal wear and tear but aren’t required to fix tenant…
All Ultimate Guide Articles - Page 28
Shipping Supplies & Packing Supplies – The Ultimate Guide
Shipping supplies come in various shapes and sizes, and the right choice can decrease shipping costs and bolster your bottom line. Using appropriate packing supplies ensures that your goods arrive safely, too. Keep reading to learn about a variety of shipping and packing supplies that every shipper should know about, as well as their costs…
Selling on the Amazon Marketplace: What it Offers, How it Works & More
The Amazon marketplace is an ecommerce platform that lets anyone, individual sellers and large businesses alike, sell products on Amazon.com. Amazon provides a ready-made website that attracts tens of millions of shoppers daily, and in turn, sellers deliver an Amazon-quality buying experience to shoppers. You can too if you’re prepared to meet Amazon’s exacting standards….
Everything You Need to Know About Tax Lien and Tax Deed Investing
Tax lien investing and tax deed investing involves buying property on which owners have become delinquent paying their property taxes. Investors profit from tax liens by earning interest and sometimes penalties. Investors can also potentially acquire below-market property both with tax liens and tax deeds if the property owner ultimately fails to repay their debt….
HUD Loans: 4 Types of Housing & Urban Development Financing
The U.S Department of Housing and Urban Development (HUD) doesn’t offer direct financing for their HUD homes. Some investors use cash to buy a HUD home but oftentimes they use hard money loans for HUD financing. Other HUD loans for owner occupants include FHA 203K mortgages, conventional mortgages, and FHA mortgages. If you’re looking to…
Sexual Harassment Training Guide for Small Businesses
Formal sexual harassment training is not required under federal law. However, California and Connecticut require training for supervisors within 6 months of hire/promotion, and Maine requires training for any employer with 15 or more employees. It’s a best practice to train managers and supervisors to recognize and address prohibited behaviors proactively. There are elearning courses…
Amazon Seller Tools – 9 Essential Options The Pros Use
Successful Amazon sellers use an assortment of powerful Amazon seller tools to drive sales and operate efficiently. Your Amazon seller account provides basic tools to manage products and orders, but most sellers quickly realise that to grow on Amazon, far better solutions are needed. That’s where third-party Amazon seller tools can help. There are a…
Real Estate Investment Trust (REIT): The Ultimate Guide
Real estate investment trusts (REIT) are corporations that own or finance income-producing real estate properties. They are modeled after mutual funds and typically own a portfolio of real estate within a specific sector. REITs pay out 90% of their annual profits in dividends to their investors and are taxed at a low rate. In this…
SBA Form 159 – What It Is & How to Fill It Out
You’re required to submit SBA Form 159 if you or your lender hires a loan packager, referral agent, broker, accountant, attorney, or consultant to help prepare or secure your SBA loan. SBA Form 159 is less common than other SBA forms, only being filled out by less than half of all SBA loan applications every…
Real Estate Photography Pricing & Hiring Guide
Are you paying too much for listing pictures in your city? Real estate photography pricing seems to have no rhyme or reason — even in the same city. Prices may vary, but real estate agents are more than willing to pay what it’s worth to have the photos done professionally because they understand the value…
SBA Form 912 – What the Statement of Personal History Is & How To Fill It Out
SBA Form 912, the Statement of Personal History, is used to determine a borrower’s trustworthiness and evaluate whether applicant’s or their business partners have any criminal history. The information gathered by Form 912 helps the SBA determine if borrowers are of “good character.” Completing the form accurately and in detail will help prevent delays or…
Types of Surety Bonds: Understand the 4 Main Surety Bond Types
Surety bonds are purchased by principals to protect third-parties from a failure to meet contractual obligations. There are 4 main types of surety bonds. Contract surety bonds and commercial surety bonds protect private and public interests and are the most common. Fidelity surety bonds and court surety bonds protect against theft and litigation and are…