Category: Finance

Highly successful real estate investors all have one thing in common: they have a seemingly never-ending supply of leads. They know where to go to identify great deals and how to get them closed quickly. But real estate investor lead generation isn’t always easy, especially when you’re first starting out. These tips will help you find the best leads for property investment.

Team Up With a Real Estate Agent

Having a real estate agent on your team helps you find leads in several ways. First, real estate agents have access to the MLS, which allows them to quickly scan available properties for those that meet your criteria. They will alert you when a property comes up on the MLS that looks like it might be a good fit for you. With the right real estate agent, you’ll get notified of these properties quickly so you can act just as fast.

Additionally, real estate agents know the local market better than anyone. They can give you the inside scoop on properties that are about to go on the market and even identify off-market leads. While you can do all this work yourself, by partnering with a real estate agent, you won’t have to because they’ll do a lot of the legwork for you.

Direct Mail Still Works

Some people believe direct mail marketing is dead or at least on its way out, but it’s not true, especially for real estate investors. Sending postcards or letters to a large number of homeowners asking if they have thought about selling their house can be an extremely effective way to identify off-market leads. You might have to send several mailings to these homeowners, but your name will be in their mind when they do decide to sell.

Be Social

Growing your social media audience is an excellent way to generate real estate investor leads. Eventually, you’ll be able to reach a large number of people with a single post and if that post gets shared, you’ll increase your following organically. Try being a regular source of real estate information by providing useful blogs, links to research, and tips for buying and selling real estate. Capture leads by offering insider advice in exchange for subscribers’ contact information.

You can also buy social media ads that target your desired audience as well, which is an effective way to reach even more people. Nearly all social media platforms have tools that allow you to identify your ideal customer and get your ad in front of those people. Start out with Facebook or LinkedIn, because they have some of the best tools, and expand from there.

Partner With a Lead Generation Company

There are many lead generation companies out there that can find qualified leads for you, but you want to make sure the company you partner with is an expert in real estate investing. You also want to select a company that can tailor your leads to your exact needs and audience. Otherwise, you’ll be casting a huge net and not keeping very many of what you catch. You’d rather cast a small net that’s full of good leads.

Conclusion

Lead generation is a critical phase of marketing for real estate investors. You don’t want those leads to dry up when you’re ready to make your next investment. Try these tips to ensure you always have new leads in your back pocket that you can quickly turn into deals.

The Government of Malaysia, through the Minister of Finance Incorporated, has formed a wholly-owned subsidiary called Syarikat JaminanPembiayaanPerniagaan (SJPP), which administers and disburses funds through existing financial institutions. There are nine working capital guarantee schemes in total, and one of the schemes is designed to meet the needs of Bumiputeras who need a business loan to help their private business survive the economic downturn.

The worldwide COVID-19 pandemic has made the timing of the availability of these loan schemes all that much more welcome. People who have carefully built a well-respected business in their community and have maintained an impeccable credit rating while building the business do not deserve to have their hopes and dreams because of something they had no control over. Business may need a finance to recover from this pandemic situation and may look for an investor.

Financial Institutions Need Backing as Well

One of the main problems with an economic recovery during a pandemic, is no one knows exactly how long it will take. For financial lending institutions, this is an extremely crucial issue. The officers of the lending institution have no guide to know where they should draw the line on lending, so most of them take a more conservative path out of self-preservation.

But a financial lending institution that isn’t lending also isn’t earning any revenue. This stalemate causes further depression in an already reeling economy. The Minister of Finance Incorporated saw the dangers of this potential situation and created the nine schemes as a safeguard against this vicious cycle.

By supporting the lending institutions instead of issuing funds directly, a business can continue doing business with a lender that they already enjoy a relationship with. These lenders also enjoy another source of funding in which to help their customers.

What are the Details of the Bumiputera Loan?

The Bumiputera applying for a loan under the SJPP WCGS-B scheme, must have ownership of 51% of the shares (or more) of the SME business shares. And be incorporated under:

• Registration of Business Act 1956
• Companies Act 1965, or 2016
• Limited Liability Partnership Act 2012
• Respective authorities or district offices in Sabah and Sarawak: or
• Respective statutory bodies for professional services providers

Once approved for the business loan, applicants can borrow a minimum amount of RM100,000 up to a maximum of RM3.0 Million over 15 years or until December 31^st, 2035, whichever comes first.

The purpose of these loans must be for working capital or capital expenditure. The loan cannot be used to repay other outstanding loans. The loans can be issued in a number of facilities to suit the business owner’s needs, including term load/term financing, overdraft/Cash Line-I, trade facilities and Commercial Card.

For business owners reeling from the effects of the global pandemic, these loans can’t come at a better time. And for new business owners who launched their dream company shortly before COVID-19 became a reality, these loans can ensure that these SMEs have the chance to grow and become an asset to their communities.

For more information about these working capital guarantee schemes, please get in touch with your local financial lending institution or SJPP directly.

If you need short-term funding while you wait for or work to organize long-term financing, a bridge loan from private bridge lenders may be the best option for you. Here are three reasons this loan makes a good option.

1. They are fast

One of the biggest benefits of bridge loans for businesses and homebuyers is that they come together quickly because they are designed to “bridge the gap” between when financing is available but not available.

2. They help businesses cover expenses when cash flow is low

Because bridge loans are quick to get and short-term, they can help businesses that are low in cash because of a seasonal slump or that are awaiting payment for a major piece of business.

3. They allow you to place a contingency-free offer on a new home

When there are multiple offers on a home, being able to make an offer that isn’t reliant on you selling your house could make you stand out amongst the owners. A borrower can use a portion of their bridge loan to pay off their current mortgage while using the rest as a down payment on a new home. This could make the difference between you or another buyer getting your dream home, it could also enable your family to make a quick move should you be relocated or should you find your current living situation inadequate.

At some point, many homeowners look at their monthly energy bill and find that it has soared through the roof. When this time comes for you, it’s important to modify your behavior so that you’re not wasting energy and paying high bills unnecessarily. To get started in the process of bringing your energy bill down, utilize some or all of these money-saving tips and tricks:

1. Have an automatic thermostat installed so that your AC can be shut off once the temperature reaches a certain point.

2. Open your windows during the summer to get air that will keep you cool. This strategy will enable you to use your AC less frequently.

3. Get in the habit of turning the AC off when you’re not using it. This includes during your day to day trips out of the house as well as vacations or business trips.

4. Use your ceiling fans as much as possible. They cost much less than ACs.

5. Use overhangs and awnings to ensure that the sun is kept out of your windows during the summer months. You can then remove the awnings to let in the sunlight during the winter.

6. Upgrade the windows on your property. Select windows with insulated spaces and argon gas fills.

7. Allow your staff members to wear comfortable clothing during the summer months. Business suits keep people too warm and can increase your need to use the AC in the business setting.

8. Seal leaks located around your electrical outlets, windows, and doors. This step is important because your home’s heat can escape through some or all of these cracks. When you seal the leaks correctly, you can bring your heating bill down by up to 20%.

9. During the fall, get your vent systems checked and have your chimney cleaned. Also ensure that your pipes indicate no signs of damage or rust. Make sure that they are properly connected, too.

10. Find a company that offers reasonable energy rates. Compare Texas Energy Providers can help you realize this objective by providing you with information regarding the different rates charged by several energy companies in your area.

Summing It All Up

When it’s time for you to start saving money as a homeowner, one of the first things you should consider is whether you’re wasting any energy. By utilizing the energy-saving tips you see here, you can bring your energy bill down and start using your money in more productive ways.