Investing in real estate buy either buying a rental property or by flipping an asset can be a great way to earn a living. When you are looking to invest in real estate, there are many different factors that should be taken into consideration. One factor to consider is the time of the year in which you should purchase real estate. While a great investment could be worth the purchase any time of the year, there are many challenges that come with investing in real estate in the winter that you should be aware of.
Construction and Renovation Delays
One of the issues that you can experience if you try to purchase real estate in the winter is that you can have construction and renovation delays. Depending on the temperature and if there is snow or ice, it can be impossible to make exterior renovations in the winter. Even interior renovations are harder as it is easy to track show and mud into your home and a renovated house will be quite cold if the furnace is turned off.
Limitation on Buyers and Renters
Even if you are able to complete the project successfully, you may notice that there is a limitation on the buyers and renters that are in the market. People tend to move less frequently in the winter. This could require you to either lose a couple of months of rental income or reduce the rental price.
When you are looking to invest in real estate, reaching out to a professional is always a very good idea. One real estate investor that could provide you with guidance and support is Sean Tissue of Centureon Investments. For the past decade, Sean Tissue of Centureon Investments has been a leading real estate investor that has a track record of success. Further, he has written many different blog posts and articles that are a great source of information and can help an investor to succeed.
2017 began with Yanni Hufnagel, serving as an assistant coach for the University of Nevada Wolf Pack in the Men’s 2017 Division 1 NCAA Basketball Tournament. The year ended with Hufnagel serving up his very own brand of beverage–Lemon Perfect. Since 2017, Hufnagel’s Lemon Perfect brand has expanded to retailers in Southern California, Metro New York, and the Colorado Rockies.
The growth of the Lemon Perfect Brand speaks to the quality of the product. Lemon Perfect is a certified organic, cold-pressed lemon water that continues to grow in popularity. The key to that popularity is that Lemon Perfect is a refreshing and healthy drink that has several health benefits such as digestive support, stress relief, and increased metabolism.
Yanni Hufnagel has done well to expand the availability of Lemon Perfect, which delivers essential electrolytes that can prove beneficial to your recovery from exercise or sickness. In July 2019, Hufnagel landed a partnership with Whole Foods markets in the Northeast and Rocky Mountain regions. After the deal to expand the Lemon Perfect brand with Whole Foods was announced, Hufnagel shared that the company was “honored to partner with such an iconic retailer like Whole Foods Market. Whole Foods has long been an incubator for innovative, emerging brands that deliver on consumers’ desire for great-tasting yet healthy options, and Lemon Perfect certainly lives at that intersection. We couldn’t be more excited and expect this to be the beginning of a very meaningful, long-term partnership with Whole Foods globally.”
As the Founder and CEO of Lemon Perfect, Yanni Hufnagel has proven that he could translate his success on the court into the business world. Hufnagel has been praised for developing a strong team of investors and continues to build the Lemon Perfect brand. As of the summer of 2019, Lemon Perfect was available in over 500 stores. Expect Yanni Hufnagel to continue to build on that success.
James River Capital was founded by Paul Saunders and is rooted in the belief that business ventures are excellent investment opportunities. There are new businesses starting every day, and most of them look for funding options that are fast and affordable. For the investor, those businesses can provide a diverse portfolio with strong returns.
If your goal is to become one of those new businesses but you need startup capital, consider the following tips from the pros over at James River Capital.
Check out your local Chamber of Commerce, universities and community colleges
Most communities have a Chamber of Commerce or a nearby educational facility that offer support to local business owners. You may even find networking events hosted by your city or those nearby schools. Any opportunity you have to meet other entrepreneurs and business owners in your local area may help you reach your funding goals.
Consider crowdfunding part or all of your startup capital
Do you have a powerful story behind your new business? Whether it’s a personal triumph that motivates you to succeed or a cause that you intend to support with your business, you can use storytelling to raise awareness and financial support for your business. Crowdfunding allows you to raise small amounts of capital from a larger group of people, and it often comes with less commitment than a loan.
Try to land an angel investor
If you don’t get everything you need from the crowd, you may find one angel investor with the cash to meet your financial needs. Investors look for different types of businesses and may only invest in companies that make them feel passionate, but they may provide more substantial help in the long run. If you can find someone who believes in your business just as much as you do, you can strike up a partnership that pushes your business to the next level.
What’s your strategy to secure the startup capital your business needs to thrive? Some of these tips may help, but you may also come up with some creative ways to implement resources already within your reach. James River Capital is one of the leading investment firms today, and they consider many new businesses when creating diverse portfolios for their clients.
Investors are keeping a watchful eye on the financial markets wondering if this current long-term bull market will continue to run through 2020. HCR Wealth Advisors believes the bulls will still be in control – but with a twist.
Jordan L. Kahn, CFA, Chief Investment Officer for HCR Wealth Advisors, reports that 2019 was a hugely profitable year in the financial markets. The S&P 500 Index finished the year with its second highest annual return in the last 22 years. Bonds also ended the year higher. And the Federal Reserve cut interest rates three times in 2019 in an effort to stimulate the economy. Kahn believes the positivity continues through 2020 but he is expecting a bit of a pullback in the stock market. That pullback will be a small correction and will not signal the end of the bull market.
HCR Wealth Advisors reports that record low unemployment and record high assets continue to fuel consumer spending. The U.S. Economy is growing at a moderate and sustainable pace. The long-awaited trade deal with China that was signed in January of 2020 is expected to ease some of the uncertainty in the manufacturing sector.
HCR Wealth Advisors is a Los-Angeles based independent financial services firm. The company’s team of Certified Financial Planners offers clients financial planning and investment management services. The advisors tailor individual strategies to help clients reach their financial goals and guide them through stages of market volatility. The experts at HCR Wealth Advisors believe that 2020 will be an upbeat year across the financial markets, just not an absolute repeat of the financial successes in 2019.
This article is provided for informational purposes only and should not be interpreted as investment advice.