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QUESTION: What is business credit?ANSWER: Your business credit record is the primary way that companies evaluate whether to do business with you—and on what terms. Companies rely on your business creditworthiness to make critical decisions, including whether:
to sell to you
to lend you money
you are viable as a partner
to lease the equipment you need to
grow your business
to increase your line of credit
to help you carry more inventory
at competitive prices
to give you favorable financing
rates and terms
you stack up favorably against
other companies competing in your market space
Business credit includes a variety of data points about your business, such as the date it started, the skills and experience of your top leaders, number of employees and annual sales. This type of information is listed in your business credit profile, along with scores and ratings that are derived from your business’s past behavior to predict its future behavior. For example, your ability and willingness to pay your bills on time in the past is factored into your ability and likelihood of paying your bills in the future.
QUESTION: Why is business credit important to my business? ANSWER: Good credit is the lifeline of your business. It enables you to obtain funding for things like expansion, capital expenditures, research and development, and staffing. It is the principal contributing factor to your business’s future growth, not to mention the cash necessary for survival. Good business credit also allows you to keep the cash you have to cover your cost of doing business; such liquidity lets you respond quickly to time-sensitive requirements, without halting or compromising operations. It's not just about getting access to financing; business credit has increasingly become the primary vehicle for setting terms on business loans, determining insurance premiums, even setting lease payments. Good business credit can earn you lower rates, strengthening your cash flow. QUESTION: Can I become a partner with Show Dog Properties? What do I need to do to get started? ANSWER: Yes you CAN become a
full partner with Show Dog Properties! Show Dog's legal name is
QUESTION: Okay, you've decided that you might like to "test the waters" and do the real estate investing thing,but you have no money? How will you get it and where is it coming from? What if you are the seller and you want to unload a property?
ANSWER: The answers are a
little more complex than stated here and DO require knowledge, skill and
finesse. However, the answers are beneficial to BOTH buyers
and
sellers. Show Dog Properties is well prepared to assist buyers and sellers with the following methods and/or a combination of methods:
Show Dog Properties has "Owner Financed" properties right now. They can be seen on the Internet at www.showdogproperties.com We are always looking for flexible sellers of single family homes, manufactured homes on land owned by the seller, apartments, land and commercial/industrial properties. We also pay finders fees for leads that result in a sale! QUESTION: What stops most “want to be” real estate investors from ever starting? ANSWER: It’s
an ugly four letter word - fear. Most people are afraid that they don’t know
enough, QUESTION: What would it mean for you and your family if you were able to earn an extra $25,000 a year? ANSWER: Of course an extra $25,000 per year would bring a welcomed cushion to the family finances and it just might relieve a little bit of stress and worry! Just how can you do this? Through real estate investing. Money is made when buying real estate! Yes, that’s right...money IS made when real estate is purchased! There are a variety of ways that beginning real estate investors can make a lot of money. Real estate investing is NOT a get rich quick scheme. It requires education and dedication to the craft. The better you get, the bigger the checks! Real estate can be purchased with no money out of your own pocket. In fact, getting cash back at the closing table is more common than you think. You can begin investing on a part-time basis which means you don’t have to give up your day job. A seasoned investor, such as Show Dog Properties, can guide you through the process. If you are seriously interested in becoming an investor OR you have a property or properties that you want to sell, give us a call at 276-688-4545 or send us an email to yyci@hughes.net
QUESTION: So how does one really start investing in real estate? ANSWER: Well, it usually starts with buying and living in your own personal residence. Then at some point in time you decide to move to a larger house or to a different area. You decide to try and sell your house "For Sale By Owner" (aka FSBO) to save paying real estate commissions. When it comes time for another mortgage payment to be made, because your house hasn't sold yet, you decide to take on a renter or maybe even do a rent-to-own,to offset the costs of your mortgage payment. It's as easy as that! You are now a real estate investor with your first tenant or tenant/buyer!
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