It seems as though everyone has a side income hustle nowadays, doesn’t it?
As municipalities worldwide enforced stay-at-home orders after the onset of the Covid-19 pandemic, a shared experience was people getting antsy. Many spent their downtime rediscovering what they loved to do and began online businesses for fun and profit.
Your real estate business is growing, meaning you’re doing things right. But at some point, your business will outgrow your personal phone lines. Upgrading to a business phone system can simplify your job and boost your bottom line, whether you’re adding more employees or require more advanced calling and collaboration tools.
Carving out a career in real estate can be satisfying and rewarding. However, it’s also a bit of a strain. You can feel like you’re treading water rather than making meaningful progress.
The solution is to look for other opportunities.
You’ll want to mix up your skills and strategies whenever you hit a plateau. Listed …
Investing in real estate as a business can be a great way to make money. Your tenants, whether business or residential, will contribute to cash flow and operating profit every month, right? The property will appreciate for an eventual sale, and you’ll gain tax deductions connected to real estate property.
Is commercial real estate (CRE) a good investment for entrepreneurs? There’s no one-size-fits-all answer. While CRE can provide investors with better returns than residential properties (an average of six percent to 12 percent annually versus one percent to four percent in residential properties), they also require more of an initial cash outlay.
