Relocate Your Business Efficiently With This Planning Guide

Moving a business requires a lot of detailed planning in order to pull it off successfully, especially if you want to minimize downtime so you can keep the flow of operations running smoothly. Finding the right movers, securing a storage facility that will safely house items you can’t move just yet, and making sure you have a well-planned timeline are just a few key pieces you’ll need to consider.

The experts at Beta Abstract are the premier provider of title and closing services.

Whether you’re moving your business to a new state or just to the other side of town, there will be a lot to do, so getting organized is essential. Think about whether you want to make the move all at once or if it would be more beneficial to do it slowly over time. How will either choice affect your customers? If you need inspiration or just a boost of confidence during this hectic time, take a look at some of the resources offered below.

When you’re ready to get started with your business move, consider these tips:

Create a Timeline

Managing a business move means you’re going to have a lot of tasks to complete, so it’s a good idea to start off on the right foot by creating a timeline, using an organizational app, and checking off items as you go, such as:

Move your LLC or Corporation

If you’re moving your business to a new state, you’ll need to prepare for all the legal details that come with it, such as setting up your LLC or corporation and registering according to that state’s regulations. You can hire a formation service to handle the paperwork, which will take some of the stress off your shoulders as you orchestrate the move.

Hire Reputable Movers

The moving company will need to be booked well ahead of time to ensure they’re available on the dates you need, so do your research early in the planning stages to find a reputable service with competitive pricing. Research the best time of year to move and consider all the factors to choose the perfect dates.

Update Your Invoices and Marketing Materials

No matter where your business will be moving to, you’ll need to create new business cards and update your marketing materials, social media information, and invoices with the new address and any branding changes.

Invest in Content Marketing

Content marketing focuses on providing valuable and engaging content to potential customers in order to build trust and credibility. By creating high-quality content such as articles, blog posts, or videos, you can establish yourself as a thought leader in your field and draw in potential clients in your new location. CornerstoneContent offers some valuable content marketing tips and strategies.

Plan a Strategy for Equipment Storage

Before moving day, you’ll need to figure out a strategy for keeping equipment and supplies secure, especially if you have items that need to be removed from your current space well before they can go to the new location. There are numerous storage facilities available to secure these items. If you have items you don’t need to keep after the move, you can store them securely until there’s time to find a buyer.

Prep for the Big Day

When the big day arrives, it’s best to have a solid schedule worked out ahead of time. This will help the movers and will alleviate stress for you and your employees. Organize an unpacking team, set up a time for IT techs or internet installers to arrive, and don’t forget to work in a few breaks for everyone. Setting up a new business location takes time and patience, and the entire process will go much more smoothly if you have it well-planned in advance.

Moving a business comes with a lot to consider, but it doesn’t have to be overwhelming and stressful. By tackling details like hiring the movers, investing in content marketing for your new location, and forming a new business entity, you can make the process as easy as possible.

Photo via Pexels

Thank you, Elijah Dawson for the incredible article. Elijah Dawson created Look For Jobs Here while he was furloughed from his retail management job at the beginning of the pandemic. With many still looking for work, he hopes his site will assist and motivate them as they look for their next big opportunity. For more contact information email info@lookforjobshere.com

Become a Successful Real Estate Investor in 4 Accessible Steps

Real estate is an ever-present investment vehicle that you can utilize to grow your finances. As with any market, profiting from real estate is a matter of studying trends so that you know when to buy and sell. Compared to a stock portfolio, however, building and maintaining real estate investments requires a certain amount of legwork and physical labor. There is a lot that goes into becoming a successful real estate investor, but your road to profit can be simplified into four attainable steps, outlined here by Beta Abstract.

1. Build a Network

Before you get in over your head with acquiring the first property that catches your fancy, it would be wise to build a network of professionals that can help you in your endeavors. Keep in mind that the most affordable properties are ones that may require some maintenance and renovation before they can be flipped for a profit. Unless you have the time to manage and repair your properties yourself, you should seek to build relationships with contractors and potential business partners in your area.

2. Find Profitable Properties

Your local real estate agent can help you find available properties on the market, but a savvy investor must know how to separate a lucrative opportunity from the duds. The location of a property is perhaps the most important factor.

A desirable piece of land is more likely to appreciate in value over time, allowing you to sell for a profit in the future. Alternatively, you can start a rental or vacation home business on your new property that will yield a tidy profit if the location is popular.

3. Exercise Good Property Management

Money Inc explains that, after closing the deal on a home, it can take at least 2-3 months to flip the house after repairs and marketing. If you find yourself sitting on a property for months or years, you need to manage your investment well until it comes time to sell.

It is important to maintain a clean appearance and address any utility issues that arise. Constant supervision is particularly necessary if you have tenants living on your property. The Balance notes that delegating such tasks to a property manager is a great way to save yourself a lot of time and make it possible for you to manage multiple properties concurrently.

You should also consider expenses that will come up when home systems or appliances are on the fritz. One option is purchasing a home warranty that will cover such things. When determining whether a home warranty is worth it, take into account how much repairs would otherwise be without coverage. If the HVAC broke down, for example, you would be out up to $5,000 (or more for larger systems). With a home warranty, you can rest assured that your tenants will have items fixed as quickly as possible. Be sure to check with providers to see what all is covered and get quotes for your particular needs.

4. Maintain Legal Protection

If an accident occurs on a property you own or rent out, affected individuals may seek legal action against you. If you are held responsible for injuries or damages, you might be forced to forfeit your home or other personal assets if you can not pay out of pocket.

You can protect yourself from litigation by establishing a professional corporation for your investment property business. Your corporation will be considered a separate entity that may assume liability for certain incidents. You can seek a lawyer to help you form a professional corporation, or you can opt for a less expensive formation service.

Investing in real estate has the potential to reward you generously for the amount of hard work you put in. However, there is always risk in any investment venture. Following best practices and using the resources around you to the fullest will help mitigate your chances of being burned by a bad transaction.

As one of the premier providers of Title and Closing services in New York, New Jersey, Florida and Connecticut, Beta Abstract has built a client base by maintaining a strict customer-comes-first approach. Contact us today to learn more! info@betaabstract.com.

Thank you, Elijah Dawson for the article. Elijah Dawson created Look For Jobs Here while he was furloughed from his retail management job at the beginning of the pandemic. With many still looking for work, he hopes his site will assist and motivate them as they look for their next big opportunity. For more contact information email info@lookforjobshere.com

The Savvy Way To Profit From Investment Property Rentals

According to real estate industry experts, more than 44 million Americans are renters. That is a massive pool of potential tenants. There are profits to be earned in buying, improving, and renting out living quarters. Excelling at the job requires knowledge. Beta Abstract Title & Settlement Services shares the following tips to help you prosper.

Purchases

It’s in your interest to spend as little as possible on a property. One wise strategy for getting a good deal is scouring the foreclosure market. Another is to look for homes that have been available for a long time. Owners who are having trouble selling are more likely to be motivated to make a deal. Plunder the Multiple Listing Service and target homes where the price has dropped.

There are other considerations besides the condition of the building and the cost of renovations. Keep in mind property taxes and insurance. The desirability of the neighborhood and the type of home you’re offering are two factors affecting how much you can charge for rent. If you plan on managing the property yourself, don’t forget the expense of property management software when fashioning a budget.

Repairs

Fixes are necessary before tenants will be willing to consider moving in. Test everything as though you were living there. Do the lights come on? If not, hiring a professional electrician reduces the possibility of a fire. When commodes are malfunctioning, call a plumber. HVAC systems are also vital. No one wants to live without heat during frigid winter temperatures or AC during the hottest part of the summer. Test that garbage disposals, smoke detectors, and window latches are all working.

Upgrades

Once the essentials are in order, it’s time to make changes that renters want. Eco-conscious individuals are looking to leave a lower carbon footprint. Switch out older appliances, such as dishwashers and refrigerators, for newer ones with better energy efficiency. Dog owners need outdoor spaces where four-legged friends can get out their zoomies. For apartments, a modest park for the exclusive use of tenants and their fur babies will draw them in. Be sure to include attractive waste stations stocked with quality bags.

Every renter is concerned with safety. Upgrade older security systems to ones with cameras and communication features. Put motion-activated lights in common areas to scare away intruders at night. Another idea is providing safes where residents can lock up valuables.

Many inexpensive cosmetic changes can have a dramatic impact. Repaint kitchen cabinets to make them look more clean and modern. Cabinet handles that are loose or rusted are unappealing, so change them out for a more appealing, contemporary look. Touches as simple as flowers in a vase will seriously brighten a space and make people happy when it’s time to tour your property.

Marketing

Now that you’re ready to bring in tenants, you need to advertise. The web is bursting with sites where you can trumpet your availability. Detail everything that your location has to offer. Include high-quality photos that underscore the improvements you’ve made. As you take pictures, use techniques that make rooms look bigger.

Take a cue from realtors and create your own virtual tours recording videos throughout the property. While it’s important to get as much quality footage as possible, be sure to focus on the most compelling parts of your property. Once you’re done, use free online tools to quickly combine videos into a single clip you can post on your property’s website.

Investing in rental housing offers vast money making opportunities. Approach the field wisely to generate maximum return on investment. Find the right property that fits your budget, then make the necessary repairs, and opt for upgrades that generate attention. Market your property with eye-catching videos and competitive pricing, and you’re sure to get the tenants you want.

Thank you, Elijah Dawson for the incredible article. Elijah Dawson created Look For Jobs Here while he was furloughed from his retail management job at the beginning of the pandemic. With many still looking for work, he hopes his site will assist and motivate them as they look for their next big opportunity. For more contact information email info@lookforjobshere.com

Title Insurance Is Vital to Protect the American Dream

To contact the author of this story: Mary O’Donnell at modonnell@wltic.com

Based in East Rockaway, New York, Marc Rovner is an attorney who oversees the legal department at Beta Abstract LLC, a multi-million-dollar title insurance company. With over 30 years of experience in the field, Marc Rovner also provides legal education on title insurance and real estate law.

Mary O’Donnell, CEO of Westcor Land Title Insurance Co., explains the importance of protecting your property.

Title insurance is imperative for lenders to ensure the borrower has ownership rights to a property, but it doesn’t just protect against problems affecting title. It plays an essential role in the economics of homeownership, ensuring that credit reaches those who need it and providing safeguards to those who lend it. The capital markets depend on the due diligence, transparency, and protection our industry provides to do its job.

In fact, our industry is so important that throughout the COVID-19 pandemic, title insurance professionals were deemed essential by the federal government. Their hard work kept a major part of the economy running during a challenging time when purchasing a home meant more than ever.

During this same time, our industry helped consumers take advantage of low interest rates to refinance mortgages. In a refinancing, homeowners obtain a new loan and lenders require a new title search and a title insurance policy on that loan to protect their investment. Professionals conduct the search and examine documents, with title companies regularly providing a discount, or “reissue rate” on a refinance.

Discounts also may be available if using the same lender that issued the original loan. And because the home’s ownership remains unchanged, a homeowners’ title insurance “Owner’s Policy” is valid through refinance.

Real estate is a $3 trillion industry in the United States. There has been a great deal of innovation around purchasing homes, making credit available, and closing real estate transactions. This innovation is positive for consumers. However, sometimes innovators can misrepresent products or sow confusion. They point to low claims ratios as evidence that title insurance is unnecessary. Not only is this not true, but it is a fundamental misunderstanding of what title professionals do and how our underwriting protects this work.

Mary O’Donnell is CEO of Westcor Land Title Insurance Co. and a past president of the American Land Title Association.

To contact the author of this story: Mary O’Donnell at modonnell@wltic.com

To read the full article:

https://wordpress.com/read/blogs/165477913/posts/352764

4 Major Things to Consider When Getting Started as a Real Estate Developer

Commercial real estate development can be a highly lucrative field. Even as remote work becomes the norm, businesses and corporations recognize the value of real estate for physical storefronts, office space, and other profitable purposes. After earning your real estate license, your role as a property developer will likely entail researching the best land to buy, managing budgets for construction projects, overseeing transactions with clients, and more. While the process of increasing a property’s value for resale is fairly straightforward, there are some considerations to keep in mind if you want to succeed in the long term.

1. Not Every Investment Is a Good One

Successful real estate developers do not purchase every vacant plot of land they come across. While any purchase can turn a profit if the price is right, there are other factors to keep in mind as well.

Location is arguably the most important contributor to a commercial property’s value. If you are looking to sell real estate to small business owners, for example, you should target properties in city centers with lots of foot traffic. If you are in the business of constructing office buildings, choose a site that is convenient for commuters.

2. Safety and Lighting Is Paramount

Prioritizing safety is important at every step of real estate development, from construction and renovation all the way to the end user. Not only is safety a moral requirement, but it will also protect you from harmful liability cases.

Proper lighting is a simple and effective safety measure that can prevent accidents and deter crime. If your building offers a parking garage, make sure to illuminate parking garages and areas with proper lighting as interior lighting is especially important for both drivers and pedestrians alike. Stairwells, vestibules, and walkways are particularly hazardous building elements that require ample lighting.

3. There Are External Services You Need

When tackling a big real estate development project, you simply cannot do everything alone. Perhaps most obviously, you will need to work with a construction firm to handle any building or renovation needs you may have. Experts recommend reviewing licenses, references, and safety records before moving ahead with a construction contractor.

You should also hire a title and settlement service like Beta Abstract to satisfy your insurance needs. Title insurance protects against risks that may arise from mistakes in legal documents or legal descriptions, as well as certain types of fraud.

4. You Will Create Many Contracts

Working as a commercial real estate developer can be exciting when you see a project come together and bear fruit. What you might not be excited about are constant negotiations and contracts with clients, contractors, and other relevant parties.

One way to make the contract-writing part of the job more efficient is to work in Word. This software allows for significant text and format editing that you might not accomplish when working with a PDF file. If a client does prefer using PDFs, you can use an online conversion tool to change a PDF into a Word document and make necessary edits. When you are done, simply save your edited document as a PDF once again.

As you begin your career as a commercial real estate developer, you probably have more details to consider than you can manage alone. Something as crucial as safety lighting can escape your notice, but do not let that hinder you. Rely on the resources and professionals at your disposal and you can find success in the real estate industry.

You’ll Never Guess Which 3 States Have the Hottest Real Estate Markets Right Now

Assume homebuyers are jonesing to live in California, Florida, or some other warm, sunny locale? Not so fast. Many of America’s hottest markets today are hiding in far more surprising places—like Indiana, New Hampshire, and Connecticut.

Each of these states boasted three metropolitan areas on the Realtor.com® 20 Hottest Markets rankings for May. The hottest markets report factors in a combination of demand measured by the number of unique views per listing and how quickly properties sell measured by the number of days on the market.

“Affordability is the common thread running through the top states featured in May’s hottest housing markets list,” says George Ratiu, manager of economic research for Realtor.com.

“With median home prices below the national mark, these states offer buyers significant value.”

Indiana: A state with big bargains

As home shoppers cast about for real estate deals, they found plenty to love in Indiana. Elkhart, Lafayette, and Fort Wayne made up three of the four cheapest markets in this ranking, all with average home prices below $300,000. With prices like these, Indiana is attracting a growing number of homebuyers from out of state.

“Affordable housing is attractive for both local residents and also for out-of-state shoppers looking for value,” says Ratiu. “The shares of out-of-state views on Realtor.com reached 41% in Elkhart, 33% in Lafayette, and 31% in Fort Wayne, highlighting that a lower cost of living is attractive for buyers from more expensive locales like Chicago, Atlanta, Washington, DC, or St. Louis.”

New Hampshire: Low taxes and cost of living

It’s not just cheaper housing that’s luring homebuyers—it’s also a cheaper cost of living in general. Low taxes in particular help explain why the New Hampshire towns of Manchester, Concord, and Claremont made the top 20.

“Adding to the more affordable cost of housing, living expenses are also lower in these [hottest] markets,” says Ratiu. “In addition, New Hampshire offers the added benefit of no state income or sales tax.”

So while home prices in New Hampshire’s hottest markets might be a bit higher than Indiana, that’s not stopping buyers from snapping up properties.

“The New Hampshire housing market, like so many other parts of the country, remains very much a seller’s market. Homes are selling for over asking,” says Link Moser, broker of Experience Homes Group.

Connecticut: ‘Affordable’ is all relative

While Connecticut’s hottest markets—namely Hartford, Norwich, and New Haven—tended to have higher home prices than Indiana as well, properties here were still cheap compared with those in bigger cities nearby. In particular, New Haven—where home prices average $357,450—climbed 162 spots this May to land at No. 18 on our rankings.

“New Haven, CT, zoomed up Realtor.com’s hottest housing markets list over the past year owing to its relative proximity to large employment centers and more affordable housing prices,” says Ratiu. “New Haven is about halfway between Hartford and New York City, at the intersection of I-95 and I-91 highways, and on the Long Island Sound. In addition to a low unemployment rate, the city is also home to Yale University. For many buyers, an hour and a half commute into New York may be a bearable trade-off for more affordable housing.”

How fast are homes selling in the hottest markets?

Despite lower prices found in New Hampshire, Connecticut, and Indiana, the number of homes for sale in each state remains scarce, forcing buyers to make their offers at record-setting speed.

“While demand rose strongly, the pace of new construction has been lagging, leading to faster-moving sales,” says Ratiu. “With tight inventory still expected to keep summer markets competitive, buyers can expect well-priced homes to move quickly.”

In short, to buy a home in a hot market today, buyers will need to act fast.

Thank you Margaret Heidenry from realtor.com, for the full article, read here https://www.realtor.com/news/trends/three-states-with-hottest-real-estate-markets-today/

The House of Representatives Has Passed the Secure Notarization Act of 2022

On Wednesday, the House passed the Securing and Enabling Commerce Using Remote Electronic Notarization Act, led by Congresswoman Madeleine Dean and Congressman Kelly Armstrong with a vote of 336-90. This bipartisan legislation will update and modernize our notarization process in and outside of the United States.

The Act aims to allow every notary in the U.S. perform Remote Online Notarization (RON), as well as allow signers located outside of the U.S. to securely notarize documents. The passage of the SECURE Notarization Act would allow for the immediate nationwide use of RON and allow those stationed, like military personnel, outside of the U.S. to securely notarize documents. “The pandemic has shown us how crucial online access is for so many areas of our life, including notarization,” Rep. Dean said. “The SECURE Notarization Act will update our notarization process so that people across our country, and those living outside of the U.S. for military service or other reasons, can have their documents notarized remotely. I look forward to our commonsense, bipartisan bill being brought to the Senate.”

“Remote online notarization offers consumers a convenient way to safely and securely complete documents,” Rep. Armstrong said. “Our bipartisan bill will permit nationwide use of remote online notarization, increasing access to this important process.”

Next, the SECURE Notarization Act will be sent to the Senate where Senators Kevin Cramer and Mark Warner have companion legislation.

For more information regarding the Secure Notarization Act check out the statement released by Congresswoman Madeleine Dean and Congressman Kelly Armstrong.

➡️https://dean.house.gov/press-releases?id=6F9766A1-2210-45AE-A8A9-2482E223FE89 ⬅️

A Resource Guide for Starting Your Own Vacation Rental Business

If you have some money saved up and are looking for an investment opportunity, a vacation rental business may be a wise move. With online platforms like Airbnb connecting renters and landlords, it’s easier than ever to run a rental. However, you will have to put in some effort if you want your business to thrive. Here are some resources to get you started.

Photo Credit: Pexels.com

Choose Your Property Wisely

Get a marketable piece of real estate using these resources.

Figure Out the Practicalities of Your Property Purchase

Take care of these administrative steps to simplify property buying.

  • Schedule a home inspection to identify any possible flaws that could detract from the property’s value, like a cracked foundation.
  • Use a title search company to make sure there aren’t any liens or similar claims on the property before signing on the dotted line.
  • Gather the documents you need for a home loan, like your pay stubs and tax returns.

Upgrade Your Property for Your Future Renters

These value-boosting upgrades will make your property more appealing.

  • Prioritize renovations that boost value, like a double-sink bathroom.
  • Add amenities renters will love, like a high-quality coffee machine.
  • Invest in landscaping to boost the home’s curb appeal and the first impression it gives.

Decide How to Manage Your Property

Your vacation rental business is just that—a business. Here’s how to run it wisely.

A vacation rental requires an upfront investment of time, energy, and—of course—money. However, if you put in some initial effort, you should enjoy a good form of largely passive income going forward. With this resource guide, you’re off on the right foot.

Thank you Cherie Mclaughlin from Couchbasedbiz.com !

Metaverse in Real Estate

Just as there are in the real world, there are legal, privacy, safety, and health concerns in Metaverse. Addressing these concerns in the initial project designs will therefore define success for Metaverse projects. Some of the issues to be considered are strategies to deal with harassment; heightened safety mechanisms and minimal, user-centric data collection practices; guidelines for permanently destroying biometric data; and a consent mechanism that educates users on privacy implications. The priority should be to empower adults and children with tools giving them control over their personal digital experience.

The web is providing new ways for us to connect and interact through virtual worlds called Metaverses, which combine virtual and augmented reality devices. The Metaverse blurs the lies between physical and digital worlds, expanding our understanding of virtual space and extended reality.

Enthusiasm for the Metaverse is leading more companies to consider a Metaverse strategy. Recently, the LEGO Group and Epic Game announced they are entering into a partnership to shape the future of the Metaverse, building safe and fun experiences for children of all ages. Companies anticipate that in the not-too-distant future the Metaverse will become a place where people and businesses meet, work, play and transact in goods and services.

The Metaverse is even being introduced to real estate at a fast pace, where users can use their digitized land to play games and socialize. Additionally, creators can monetize the content of their property by charging for access or trading their NFTs. According to a report from RepublicRealm, which tracks metaverse-related projects, the average price for a parcel of land across four major Metaverse platforms doubled to $12,000 during a six-month period last year.

Whether the Metaverse provides solid investment options – along with their risks and rewards – are still very much up for debate.

Relocating for Work: A Useful Guide to House Hunting

Moving for your career can be a daunting process. Compared with 2020, 2021 saw a 20% increase in Americans relocating for work. This is a handy step-by-step guide from Beta Abstract covering all the bases to ensure your move goes as smoothly as possible.

Before you begin, you should consider potential stumbling blocks, such as:

• Property damage and repairs.

• Missing deadlines (i.e., down payments or booking removal services).

• Neglecting other duties, such as missing work deadlines or social events.

Getting insurance and setting deadlines can help, and you should also consider sending out change of address notifications and packing your essentials last, labeling them with “open first.” And, of course, you should tell your friends and family that you’re moving.

First Steps

If you’re moving before securing a new position, your first step should be to research opportunities in the area. Using online tools to create a radius of towns to commute from can help with your decision.

If you already have a job, you should reach out to your new manager or colleagues. Ask them about the best neighborhoods, schools, and leisure facilities, so you can begin gathering resources and establishing relationships with your new employer and coworkers.

Exploring Neighborhoods

Spending time in the areas you’re interested in will offer valuable insights for you, so take the time to plan a visit. You also ought to think about others who may be moving with you. Use an online resource to help you locate the best schools in the area, and show appropriate facilities nearby for pets. Safety should also be a priority: check out a 2022 guide to the safest cities in America.

Finding the Right Home

Once you’ve found the right neighborhood, the next step is to look for homes currently on the market. If you’re working remotely, you may need to find a property with an office or extra bedroom you can convert into an office. Productivity is important, so you should have a space where your work won’t be interrupted.

If your job requires you to track finances, a cloud bookkeeping system can make a move much easier on you. You won’t have to worry about misplacing any information in transition or recovering from a hardware failure. There’s even a mobile app so you can work away from your computer.

Making the Big Move

It feels great once you’ve finally found a place to live. However, there are extra costs when moving to a new area, including:

• Moves add up to $5,000 or more to move items across long distances in 2022.

• Local moves are substantially cheaper, but cost will depend on factors such as the amount of items being moved and the number of movers.

Setting aside money to offset extra costs is a good practice and can save you the headache. Also, make sure to work with a well-reviewed moving company to make your move a smooth one.

Ready to Relocate?

Make sure you’ve taken everything in this article into consideration. While it may seem daunting to relocate for the first time, following everything in this guide properly can reduce your stress and streamline the process.

Beta Abstract is a premier provider of Title and Closing services in New York, New Jersey, Connecticut, and Florida. For more information, please visit our website or contact us today!

Thank you, Elijah Dawson for the incredible article.

Elijah Dawson created Look For Jobs Here while he was furloughed from his retail management job at the beginning of the pandemic. With many still looking for work, he hopes his site will assist and motivate them as they look for their next big opportunity.

For more contact information email info@lookforjobshere.com