In real estate, there are homebuyers and there are investors. Homebuyers obviously purchase a residential unit to live in it. On the other hand, real estate investors are those who buy properties with the purpose of renting it out. Because these investors typically have multiple properties that are situated in Read more…
For many years, my idea for retirement was to open a bar/restaurant in an effort to stay busy, have a social life, and eat and drink for free. However, even though I knew as an owner I would need to be there all of the time and that it would Read more…
When looking into different lending options, asset-based lending proves to be a popular choice for many when financing their different real estate ventures. Asset-based lending (or ABL in real estate) is a financing approach that uses tangible assets, for example other properties you may own, as collateral to secure a Read more…
My ex-husband and I ran a high-end landscaping firm that worked with many property management companies. In the summer, it was fairly straightforward, and we did not have many property emergencies. However, in the winter, we had many snow emergencies that interrupted their clients’ business operations. So, our job was Read more…
First, what is a member dispute? And why does an LLC need to have specific rules for how members can dissolve their company? LLC is one of the most popular legal structures in business today. An LLC member is basically anyone who has a stake in it, either as a Read more…
Relationship management affects all areas of business; from better customer service to more informed marketing efforts, relationship management can build a company’s financial status by helping to access needed funds to grow or expand. Below is a list of reasons why relationship management is important in running a business, whether Read more…
Chances are, if you do not have a background in HR (human resources) or haven’t been through the process many times over, you might be apprehensive or nervous about asking for a raise. Recently, I was faced with this exact dilemma. I knew I needed, as well as earned, a Read more…
I come from a family full of contractors: builders, roofers, and HVACs. My mom and uncle were General contractors, and my ex-husband is a landscaper. They all owned their own companies at one time or another, and I either worked for them as a laborer or was a partner running Read more…
Filing for a large claim, such as the total loss of a home after a disaster, can be taxing for you as the policyholder. With other major problems and emergent concerns at hand to take care of, you might not have the energy, mindset or bandwidth to deal with the Read more…
There are plenty of reasons why people choose to move and adjust to Baltimore City. New graduates come here to find employment, and other people opt to live here to be closer to their work. Located roughly forty miles (64 km) from Washington, D.C., the city offers an abundance of Read more…