Will You Add? - Real Estate

Making Sure the Celebrity Will Be the Right Fit for Your Audience
Chapter 2 of 14 Making sure the Celebrity will be the right fit for your audience.One of the biggest mistakes made when contemplating the use of a celebrity endorser is choosing a celebrity that does not complement your business or product well. For example, sticking a retired baseball player into a kids video about baseball could be a sure failure. Kids don’t recognize players from the past. If, however, the target market audience of the video was the kids father (who would be considered a baby boomer) then using a retired player might make a lot of sense. Using a retired player offers a very distinct advantage when it comes to the financi

ont Commitment fees

Under most circumstances, commercial borrowers should not pay such a fee. Please note that processing/retainer fees are not included in this discussion of commitment fees. Processing/retainer fees should be viewed as an acceptable and standard business practice when dealing with commercial real estate loans.

COMMERCIAL REAL ESTATE LOANS PROBLEM NUMBER 6: Business Plans

Under most circumstances, commercial borrowers should not use a lender that requires a busin

The Gritty Truth About Work At Home Jobs
By definition, a "work from home" job is a means of employing yourself in the place you live. There are many types of work at home people, (sometimes called WAHM, work at home mom, WAHD, work at home dad, or simply WAHP, work at home person). Some WAHP's report to a major business, some WAHP's report to a boss, but many report to no one.od your screen with--usually--meaningless jargon.These types of WAHP's are a unique sort of freelancer--and being so, they must navigate through the world of scams and rip-offs on the world wide web to find suitable, realistic, honorable and paying work for work at home professionals. The search for a legitimate pro

This article describes 12 recurring problems with commercial real estate loans that commercial borrowers and their advisors need to anticipate before it is too late. The following problems are common in traditional bank commercial real estate loans and should be avoided if feasible (special circumstances will periodically make some of these terms unavoidable).

COMMERCIAL REAL ESTATE LOANS PROBLEM NUMBER 1: Tax Returns versus Stated Income

Most traditional banks will require several years of tax returns in order to qualify for a commercial real estate loan. The alternative is to use a Stated Income lender that does not verify personal income or assets. Many borrowers will simply not qualify for a commercial mortgage loan if tax returns are used due to high business expenses (and low net income). Many lenders using tax returns will also continue to verify income after the loan closes. Stated Income lenders will not engage in this practice.

COMMERCIAL REAL ESTATE LOANS PROBLEM NUMBER 2: Special Purpose Properties

It is becoming increasingly difficult to get commercial loans for special purpose properties. Properties that do not fall in the categories of apartments or retail/office buildings are often placed in this special purpose classification. This means that business acquisition loans for commercial properties such as restaurants/bars and auto service businesses are frequently hard to find. Commercial financing will be even more difficult to locate for such specialized properties as churches, funeral homes, nursing homes and assisted living facilities.

COMMERCIAL REAL ESTATE LOANS PROBLEM NUMBER 3: Recall/balloon features

These terms are used by many banks to effectively shorten most commercial real estate loans to 3-7 years.

COMMERCIAL REAL ESTATE LOANS PROBLEM NUMBER 4: Short-term loans (less than fifteen years)

15-40 year commercial property loans without recall/balloon features are available.

COMMERCIAL REAL ESTATE LOANS PROBLEM NUMBER 5: Up-front Commitment fees

COMMERCIAL REAL ESTATE LOANS PROBLEM NUMBER 6: Business Plans

Under most circumstances, commercial borrowers should not use a lender that requires a busine

Who's More Important The CEO or Your Boss?
Tom works in a cubicle in the marketing department. Glenna runs machines in a factory. Jeff is out on the road selling most of the time.All these people work for big companies with well-known CEOs. The business press trumpets the importance of CEOs and their innovative strategies. They rarely talk about the managers, first-line supervisors and sales managers down in the trenches.If you work for a medium to large company you've probably got a CEO at the top of the organizational tree and a different boss you report to directly. To figure out which one is more important, answer the following questions along with me.Which boss can mak

returns in order to qualify for a commercial real estate loan. The alternative is to use a Stated Income lender that does not verify personal income or assets. Many borrowers will simply not qualify for a commercial mortgage loan if tax returns are used due to high business expenses (and low net income). Many lenders using tax returns will also continue to verify income after the loan closes. Stated Income lenders will not engage in this practice.