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You would have to have lived on a desert island with no TV, newspaper, or Internet connection to not have heard about the great mutual fund scandal of 2003.

The problem was that some mutual fund companies allowed certain hedge funds to engage in after-hours trading, sometimes incorrectly referred to as market timing. Unfortunately, some companies have used the confusion over the term “market timing” to further their own cause. As?

They have used this issue to ban virtually all forms of trading their funds, and some companies are imposing hefty short-term redemption fees, penalties for all intents and purposes, in the name of preventing impropriety. But the real idea behind it all is: Buy our fund and never sell it!

These companies espouse a stubborn buy-and-hold philosophy despite the devastating effects that approach had on investors’ portfolios during the recent bear market. Performance is irrelevant to them – they want their money in their fund, whether it goes up or down.

With all the negative press over the months, you’d think the mutual fund companies would have cleaned up their act and started giving more consideration to the individual investor. Not so.

I became aware of this when a fund manager of an $800 million mutual fund called me to see what my plans were regarding holding our positions with his fund (around $2 million).

I explained my trend-following methodology to him, and he got very angry when he heard that I would protect my clients’ accumulated gains by selling their fund if it fell 7% from its highs.

His swagger made it quite clear that he didn’t like anyone to get away with it for the benefit of his clients; He only cared about what was best for him and his company.

So what can you do to avoid being taken advantage of? For one, do what your mutual fund company does, not what they tell you to do. Adopt a trend-following strategy, like I do, and use the mutual fund manager’s superior stock-picking ability to your advantage by buying and holding only as long as the fund is performing well.

Remember, the fund manager has one major disadvantage over you: You always “have to” invest so that the public can buy shares in your fund. You do not!

If market conditions dictate that you are better off in the safety of a money market account because we are in a severe downtrend, then you can take your money and run for cover. he can’t. You are constantly trying to adjust your portfolio to ever-changing economic conditions to minimize your potential losses. At the same time, you are told that your fund is the investment for all seasons. Do not be fooled!

You, as an individual investor, are truly in the driver’s seat. Unfortunately, you’ve probably been conditioned to think that Buy & Hope is a good investment strategy, when in reality it’s a losing proposition.

The bottom line is, use a well-performing mutual fund during strong trends and stay out during trend reversals. (That’s exactly what I did for my clients in October 2001, withholding most of their winnings while Buy & Holders kept insisting that the emperor was wearing new clothes.) Very soon you will feel that you are in charge of your finances. destination and any chosen mutual fund is simply a tool to bring you closer to your goals of maximizing your gains and minimizing your losses.

It’s the law: Workers’ Compensation is something all business owners should pursue for their employees.

Based on a structure of US state legislature, Workers Comp is mandatory insurance for employers that ensures employees will receive proper medical care, disability benefits, and compensation for lost wages if they are hurt or injured while on duty. at work. Employees can locate standard and hard-to-place risk policies through the appropriate agencies that scour the net for both ways.

But there’s another option: a different mode or plan that employees may want to substitute for the more commonly used general workers’ compensation and liability protection. This alternative is called the self-insured Workers’ Compensation Program.

What is it and how is it different from the more popular version?

The self-insured Workers’ Compensation program is also known as the self-funded Workers’ Compensation plan and is legal in most states. By allowing the business owner to pay each claim as an out-of-pocket expense instead of paying upfront with a standardized commercial insurance policy premium or through a state-funded policy premium, this program is attractive for several reasons:

• Gives employers the leeway to control insurance costs

• Allows employers to provide timely medical care to their injured workers

Are all business owners eligible for this form of coverage?

Not all employers can take advantage of the benefits of this alternative form of workers’ compensation. Eligibility is subject to the following terms:

• The business must be located within one of the states that support it.

• The business must have appropriate credit worthiness

• The employer must register their business as a self-insured business.

• The employer must provide a bond that guarantees that each claim will be remunerated

While the self-insured program can be extremely attractive to the business owner because of what can be perceived as a means of savings, there is another side to this story. In the event that a business is inundated with many more claims than anticipated, catastrophic debt can be incurred, especially for small businesses that cannot keep up with expenses. Due to this risk, the insurance market also introduces Excess Workers’ Compensation Insurance.

Related excess insurance? So that?

This type of excess insurance will fund claims up to a preset amount. In this way, the business at risk of catastrophic losses will not incur the costs that it would incur if self-insured claims exceed expectations.

Undoubtedly, the subject is complicated. For further clarification, speak to an independent agency that understands all the ramifications and deals with many of the major insurance companies.

Renting out your property may seem like an easy way to increase your passive income, but when you start the process, it may be more complicated than expected. Your home can sit on the market for months without a rental applicant because it is priced above fair market rent. A bad tenant may be late or flatly refuse to pay rent; they have the potential to do thousands of dollars in property damage and may ignore your attempts to evict them from the property until authorities get involved.

So how can you avoid the headache of these common pitfalls associated with renting a property? Here are five things to do before you rent your home to reduce the risk and stress of being a new homeowner.

1. Take pictures of the property

Property photographs are necessary for several reasons. They are an important part of online advertising; Otherwise, potential renters often overlook favorable rental listings without property pictures because they don’t want to have to wait for a home tour to discover that the property doesn’t have a layout or layout that suits them. . These photos will also come in handy when your future tenants move in, as you can use them to measure any damage to the property that may have occurred during the rental period.

2. Evaluate Fair Market Rent

While it can be tempting to charge higher rent to recoup money from recent renovations you may have done or moving costs when you left the property, the best thing to do is do some market research – check with rental websites , newspapers, local owners. , real estate agents and property management companies to determine the amount for which properties of similar location, size and condition are rented.

3. Create a concise and effective rental application

An effective rental application will not intimidate prospective tenants with its length, but it will be comprehensive enough that it can be used for tenant selection purposes. Any additional information you need from the tenant in case the assessment passes can be included in the lease documents. A good app will have spaces for the following items:

• Name
• Birthdate
• Social Security number
• Phone number
• Current/former addresses (last 7 years, including owner names and contact information)
• Current employer (name, address, date of hire, income, contact information)
• Authorization to Obtain Consumer Report Statement
• tenant signature

4. Consider using a property manager

Property managers typically charge a percentage of the monthly rent for their services, but in exchange, they will handle things like finding new tenants, creating/signing leases, collecting rent, and issuing legal notices (including evictions). Hiring a property manager reduces the profit you’ll earn from your tenants’ rent payments, so you should carefully consider the cost-benefit of these services.

5. Find good tenants

Finding a decent tenant is easier said than done: many applicants may be nice, polite, and seem like a good fit, but they will create an avalanche of trouble for you. The best way to improve the quality of the tenants you are renting to is to perform background checks on tenants, that is, choosing tenants based on measurable rental and tax liability. Most landlords will charge rental applicants an application fee to cover the cost of tenant screening.

Most people don’t really understand the truth behind our banking system because it’s not taught in our schools, even to financial professionals. Interestingly, the inconvenient story is omitted from all educational curricula. I got a business degree in finance and there was one thing I was never taught about the origins of our banking system that I think is key to the state of our banking system and our economy today. It’s the fact that it was created under legislation that was supposed to protect the economy and stabilize it. That is the primary mission of the Federal Reserve Bank. However, the real motivation was to protect the bank owners from the competition and create a cartel.

They also set me up to start a franchise that could print fiat currency. A fiat currency is one that has no basis of value except for the good faith of the government to pay its debts. It means that if more money is needed in the economy, the bank simply creates it. This central bank could also take control of all the reserves of all the banks to protect the most bankrupt banks from runs on the Tories, and have access to taxpayers’ money when the bank is in trouble. Meanwhile, the Federal Reserve Act of 1913 was sold as a law that would protect the public. In terms of stabilizing the economy, the Federal Reserve Bank has failed miserably. In terms of reaching its true and hidden goals, it has been extremely successful.

People believe that the financial crisis is something of a mystery. But every financial crisis we’ve had since the Federal Reserve Banking System was established has been related to debt. Under the current system, debt is used to create new money or to reduce the money supply (paying off debt) in an attempt to control the economy and supposedly stabilize it. In reality, since the loans were made with money created out of thin air, the bank loses very little money. It’s money you never had in the first place. Technically, a retail bank with too many bad loans becomes insolvent, so the game is to turn the bad loans into bigger ones and create more money and give borrowers more money to continue paying the interest. There is also insurance backing the loans, so the government will pay off bad loans with taxpayer money. The Federal Reserve Bank has convinced the government that allowing the big banks to fail would create great difficulties in the economy, however it is the massive creation of debt that fuels this system that causes the great difficulties when the ultimate cost of Bailouts are passed on to the public in the form of inflation due to an excess supply of money created by excessive borrowing to cover bad loans.

There is a rich history of how the bank bailout system has spread around the world and led to ever larger central banks like the Federal Reserve Bank. Every failed central bank must be bailed out when it fails due to excessive use of debt to manage the currency. It is bound to happen to the Federal Reserve Bank if something is not done to correct our current course. When our central bank fails, the best people can do is protect themselves by owning tangible assets that rise in price with inflation, so that the purchasing power of that wealth can be preserved. It is important to keep this in mind as we watch the “2008 credit crunch” play out into the eventual cyclical recovery. Will our currency survive for another cycle? If so, we may be just one more step away from a new coin starting the inflation cycle all over again. Will the Federal Reserve Bank survive? Will it expand or be taken over by another central bank?

Avoid fake or shoddy dropship providers

The biggest challenge for any new dropshipping business is finding genuine and trustworthy suppliers. There are many sources you can use to find your provider, some much better than others. As a general rule of thumb, you should avoid buying dropshipping vendor lists that people sell for a few dollars. As the old saying goes, you get what you pay for – if the dropshippers on the list are genuine, they are unlikely to be very good. .

If you find your dropshipping provider on the Internet or through a dropshipping directory, make sure to properly verify it before handing over any money. Some scammers can be quite convincing, with half-decent websites that look good. But check your business registration details with the relevant authority, make sure all your contact details are genuine, and look for reviews of your drop shipping provider on the internet. Even better, ask them for clients you can contact for a referral.

Avoid paying excessive fees to access a company’s dropship inventory

Most genuine dropship suppliers will make their money by sourcing good quality products at competitive prices and then selling them in enough volume to make a decent profit. Therefore, you should be wary of any supplier who wants to charge you a fee, just to gain access to your dropshipping inventory. While charging a fee in and of itself doesn’t necessarily mean dropshippers should avoid that provider, an excessively high fee does, and there are good enough genuine dropshipping providers that will let you sign up for free.

Shipping costs too expensive

Many new resellers focus on the price of their drop shipping provider’s products and don’t take into account the total cost of shipping the item to the customer. Some vendors even pray for this and charge unreasonably high shipping costs, making them more money and you less profit. Make sure you know the total cost of dropshipping your chosen products, including shipping and other fees. Here is a reliable drop shipping provider that offers you good shipping prices

fake branded items

One of the biggest challenges for dropshippers selling brand name products is making sure they are genuine items. Some less scrupulous vendors will advertise the genuine product on their site, at a greatly reduced price, and the first time you realize there’s a problem is when your customer emails you that their item is fake. Whether you’re selling brand name products or not, it’s always a good idea to place a test order with your new dropshipping provider, so you can gauge the quality of their products, as well as their customer service and delivery.

Incredible Discounts

Beware of dropshippers offering incredible discounts on popular products. Most of the time, these discounts are based on the recommended retail price (RRP), and the provider may even be exaggerating this price to make their discounts look even better. It’s unlikely that you’ll be able to sell the product for the RRP, as the customer would likely choose to buy from an established retailer if it were the same price, so base your discount calculations on what you know you can charge.

Plus, even if you still find you’re getting an incredible discount compared to other dropshipping providers, it could be because the company cuts costs on things like delivery and customer service, something that could spell more trouble for you in the long run. term.

There are many pitfalls you’ll want to avoid when starting your new dropshipping company, and if you use these tips and your common sense, you should be able to steer clear of scammers. Be sure to double check any new provider; check reviews, get referrals and ask lots of questions – the dumbest question is the one you don’t ask, and any genuine provider will answer all your questions to make sure you’re happy. Above all, remember, if it sounds too good to be true, it probably is.

One of the most common questions for entities wishing to incorporate is: “Where should I incorporate?” In fact, an entity can choose from any of the 50 states or the District of Columbia. There has been a great deal of publicity about incorporation in certain states that happen to be well known for having favorable laws for corporations. When an entity chooses to incorporate outside of its “home” state, the most common states in which entities incorporate include Delaware and Nevada. However, even allowing for favorable laws in certain states, an entity’s “home” state (i.e., the state in which the corporation conducts most of its business) can often be the best state to incorporate. .

Due in large part to their liberal incorporation laws and favorable tax policies, the most “incorporation-friendly” states are Delaware and Nevada. And here’s why…

Should I incorporate in Delaware?

Delaware’s advantages as a place of incorporation range from the Delaware General Corporation Law to the flexibility built into the company formation process.

Incorporating in Delaware is generally less expensive than most other states. The initial Delaware incorporation fee can be as low as $89.00; the annual franchise tax can be as low as $65.00 in many cases; and the cost of ongoing operations is also low. There is no Delaware corporate income tax for corporations that are formed in Delaware as long as they do not transact business in Delaware.

Another benefit of incorporating Delaware is Delaware’s extensive and often easily interpretable law. Delaware has a separate Court of Chancery (a commercial court) that does not use juries, but rather merit-based (non-elected) judges. Because there are no juries, Chancery Court decisions are rendered as written opinions, and as such, Delaware has a wealth of written legal precedent to rely on.

Delaware law also allows for a version of the Limited Liability Company called Serial LLC. Traditionally, an LLC is relatively simple to form and maintain. It is similar to forming a sole proprietorship or partnership, but it also provides a layer of protection (the corporate shield) as a limitation of liability. Unlike regular LLCs, the Delaware “serial” LLC allows different lines of business to be treated separately from a liability standpoint.

Incorporate a business or form a limited liability company in the state of Delaware.

Come at tax time next year, you’ll be glad you did!

What about Nevada?

Nevada started with Delaware-based corporate statutes and went further by establishing a corporate structure that allows investors and owners of Nevada corporations to remain completely private. The Nevada Supreme Court has always taken a very strong position in protecting corporate privacy, even when a corporation fails to follow basic corporate formalities.

Since the implementation of these privacy statutes in 1991, the number of new incorporations in Nevada has skyrocketed. Unlike most other states, Nevada does not require corporate shareholders to disclose their information. In fact, the information is not kept in the state files.

Also, to ensure privacy, Nevada allows its corporations to use bearer share certificates, making it virtually impossible to prove ownership of a Nevada corporation. Consequently, owners or investors using bearer shares can have complete ownership and control while remaining anonymous.

Nevada also does not tax the income of its corporations or the citizens of its state. A Nevada corporation is also not subject to any other hidden taxes, such as franchise taxes, capital stock taxes, or inventory taxes. Sales tax applies only to products sold within the state.

Incorporate a business or form a limited liability company in the state of Nevada.

Come at tax time next year, you’ll be glad you did!

Incorporating in your home state may be the BEST!

However, for most small businesses, it may still be best to incorporate in the state where your business is located. Many legal and business professionals advise that you incorporate in the state in which your corporation intends to do most of its business, and if you intend to do business in only one state, you should incorporate in that state.

If you incorporate in a state that is traditionally considered “corporate friendly” but then conduct business outside of your state of incorporation, you may need to qualify to do business in the state in which you are conducting business. Qualification to do business outside of your state of incorporation is called “foreign qualification” or “foreign qualification.” Qualifying as a foreign corporation involves: (1) filing the appropriate foreign qualification documentation with the appropriate Secretary of State; and (2) pay additional filing and maintenance fees. For some entities it may be worth the additional time and money associated with foreign rating, but for many corporations, it simply creates an additional and unnecessary headache.

When determining the appropriate status of incorporation, you should make the following considerations:

1. What are the tax implications/benefits of incorporating outside of your home state vs. incorporating within your home state?

2. What are the additional costs of incorporating outside of your home state and where, if anywhere, must you qualify as a foreign national?

3. Are the corporate laws in a state favorable to the type of business entity you are forming and how do they affect the obligations of the directors and/or shareholders of the corporation?

Although some factors favor incorporation in the “friendly” states of Delaware or Nevada, it can be more expensive and more complicated to incorporate out of state. For this reason, it is important to consult with your attorney or accountant about the advantages and disadvantages of incorporating out of state before making your final decision.

CCSP Certification

If you are looking for a CCSP Certification Online Training Course, CyberVista offers several options. Their course includes dozens of hours of video instruction and a comprehensive practice exam. The courses are also affordable, with a seven-day free trial period. You can also take a free video course overview before enrolling. In addition, you will get access to an instructor and practice questions. This course is recommended for those who are currently employed or planning to become one.

The CCSP Certification Online Training Course is focused on job-oriented learning, and is suitable for those who already have some IT security experience. Candidates must have at least five years of experience in any of the CCSP CBK domains to take this course. Online Self-Paced Training offers an alternative to the traditional classroom environment and allows candidates to learn at their own pace. It offers interactive study materials as well as Official ccsp training Flash Cards that give you 120 days of access to the course content.

While many people have a lot of hands-on experience in cloud security, they may not have enough knowledge of the theory. This is a problem in the exam. The best way to shore up your theoretical knowledge is to sign up for a CCSP Certification Online Training Course. It will increase your chances of passing the exam. This certification will enhance your career and help you advance in your current role. With the help of an online CCSP Certification Online Training Course, you can easily achieve your goal of becoming a cloud security professional.

CCSP Certification Online Training Course

The Certified Cloud Security Professional (CCSP) certification is a globally recognized credential representing top-level standardized cloud security proficiency. This certification helps professionals to safeguard the data in cloud infrastructure and comply with regulatory frameworks. Certified Cloud Security Professionals are expected to demonstrate knowledge and skills in cloud security and a broad range of cloud security topics. Those who complete the sap analytics cloud training Course will have extensive knowledge of cloud security and how to mitigate risks in it.

Dooey Certified Cloud Security Professional training course blends time-tested video lectures with live virtual training. The course features 36+ hours of live training and six hours of video lectures. The course includes lifetime access to course materials and seven real-world case studies that illustrate the application of cloud security knowledge in the real world. You’ll gain hands-on skills while learning how to protect your data in the cloud. There are also plenty of free resources available on the Internet.

So what do entrepreneurs need and universities don’t provide? I have personally met several graduates who did an Entrepreneurship MBA from Babson, a well-known business school for entrepreneurship, and ended up working for large corporations, and many students who seemed to have started their companies during their education and dropped out to start their business. As someone who has worked at Dun and Bradstreet and several large companies in the United States, and who has started numerous start-ups, some of which have failed or ultimately become unprofitable, I have found that the education provided at these Business schools produce good managers and executives who can run and manage billions of dollars and have clear business processes and a focus on repeatability.

When I reflect on these skills taught by Sloan or the Harvard business school near where I live, I found that these are great skills for CEOs of large corporations, and they are definitely what made such colleges and education so sought after. However, I was wondering if an entrepreneur needs such skills during the startup phase of a business? Reflecting on my successful startups, I realized that the skills needed for an Entrepreneur during the startup phase are very different compared to those of a CEO of a large corporation. For a startup looking for its initial sales and first repeat sales, the metrics the startup CEO should focus on should not be the same as those of a large corporation.

I have met a number of venture capitalists, government agencies, and other start-up funding organizations, and I find that many of them who do not understand the nature of entrepreneurship and start-ups are wrong.

The metrics that a startup should worry about for its business are:

• Customer Acquisition Cost.
• viral coefficient
• Customer lifetime value
• Average Selling Price/Order Size
• Monthly burn rate.

NO cash flow, balance sheet and income statement

I have been to many meetings with the board of directors and venture capitalists, and when they ask for financial and accounting statements, there is always a depressed feeling like for a new company, initial sales and income are always: ZERO, and cash flow box always — NEGATIVE. If a startup has a unique selling point, the “angels” should focus on customer development. Customer development is about testing hypotheses and developing a “minimum feature set” for the product, and finding out about early adopters, and what prices and features they are willing to pay. the majority of customers are one-offs and not repeat customers, and early customer retention is key.

The key entrepreneurial skills needed are to pivot and have agile development that is able to continually change and learn and develop products and features to meet the changing needs of its customers. Most of the skills taught in business schools are strategy, planning, and process. It’s not that they’re not useful, but the concerns of a startup are much more different than those of a large corporation. An entrepreneur needs to be very agile and manage chaos and use processes to make a profit, while a CEO of a large corporation needs repeatability, bureaucracy and management to continue the profitability of the company.

For an entrepreneur, developing a dynamic and constantly updated business model, a diagram of how a company creates, delivers and captures value, is more important than adjusting minor practices and replicating success. I believe entrepreneurship is a collective process, and an entrepreneur has to continually network, experiment, and engage customers to gain the skills necessary to run the business. Learn, Test, Adopt and Teach Others is a new method that has been successfully collaborated and tested by various incubators and entrepreneurs, which is more successful than the previous method where there is one author, one textbook and not much more interaction. Today, with social media, learning for entrepreneurs is an iterative process that is interactive and collectively makes us smarter.

What you can’t learn in books, you can experience in articles and blogs, and by interacting with others online and learning from their experience. Web 2.0 enables two-way communication, the most natural way to learn and develop the skills necessary to run a business. Managerial accounting, modeling for optimization, and global value chain strategies can be learned in business school, but what an entrepreneur really needs to know is technological entrepreneurship, patent law, finance, and technology. business management.

Lastly, I feel that creativity and innovation cannot be taught in schools, but can be influenced by practical experience and learning from other successful entrepreneurs. Entrepreneurship is an art and not just a balanced spreadsheet.

When an appliance, such as a television, gets smaller, a whole new set of uses is created for it. Imagine how you can use a portable 8″ LCD unit. It’s TV entertainment no matter where you are! Giving you the flexibility to watch your favorite shows anywhere! Whether you’re at home, having a picnic in the park, in a coffee shop, you can turn on a portable TV and start watching.

That’s the ultimate in entertainment and convenience in one package.

However, if you’re not one of those who likes to go out a lot, a small LCD TV, one of those that ranges from 15-inch to 24-inch screen TVs, may be the best option for you. I could easily figure out where to put those little LCD screens. You can put one in the living room, kitchen, or dining room so you can watch TV when you’re in any of those rooms. You could put one inside a mini-library so you can have a TV background when you’re studying or doing some research.

Don’t let its small size fool you. A small LCD TV can still be the centerpiece of your home entertainment system, especially if you have a small space. You can conveniently connect it with a DVD player and of course it has connections for your home theater system for great sound. With a small LCD TV, it means there is no such thing as limited space.

One more technical advantage of an LCD TV is the reduction or even the complete absence of glare emanating from the screen. It can be attributed to the screen’s matte finish, which is unlike typical CRT TVs and plasma TVs that are made up of glass. What this means is that you can place your LCD TV in a room with plenty of sunlight.

Disadvantages of small or portable LCD TVs

Some LCD TVs, especially cheap ones, exhibit some form of motion blur. It occurs when the movement of images projected on the LCD is too fast to render, resulting in what appears to be blur. This effect is eliminated or at least reduced in higher quality LCD TV units.

Another disadvantage is the viewing angle. An LCD TV looks best when it’s right in front of it. The quality of the image or display decreases as you move away from the center.

And of course, LCD TVs aren’t cheap. It is priceless compared to normal television units. Arguably, there are many cheaper brands out there, even no-name units. Never be fooled by those LCD TVs. The build and image quality is always worse, and on top of that, they often offer very limited warranties. Trust me, those drives don’t last long.

Compact LCD TV units are good for certain situations, but may not be so good in others as well. They are ideal for homes with small spaces and for those who are mobile and want to have TV entertainment when they are outside. They can be a bit frustrating for those who prefer large screens and get tired easily with small images. It is recommended that you first assess your needs if you want to make use of compact LCD TVs.

Creative Financing

When a Commercial Real Estate Investor is looking to purchase an income-producing property using any number of creative financing methods, one of the most important keys to their success is their ability to provide adequate and verifiable proof of funds – POF – for both the seller as for the lender. Funds verification can enhance investors’ credibility with the seller, as well as satisfy lenders’ requirement to know that the borrower has the necessary funds to complete their transaction.

Funds Test

There are a few acceptable ways for lenders and sellers to show POF to close your Commercial Real Estate transaction:

• Bank statements or bank verification
• Brokerage or Verification Account Statements
• Escrow Account Verification

“Bank Verification” This is the most acceptable and widely used method of confirming that investors can complete the proposed deal. As such, the money must be paid into a bank account and confirmed by statements or a letter from the banker. This is a “hard” (versus soft) verification method, because money is deposited into an account in the buyer’s name to serve as proof that the buyer can complete the transaction.

“Brokerage Account Verification” Like bank accounts, brokerage accounts display acceptable means of completing a purchase transaction. Likewise, the statements or letter from the representative of the brokerage firm will comply with the requirement of accrediting adequate financial soundness. This is also a “hard” method.

“Escrow Account Verification” This is the only method that can be either hard or soft evidence of the assets needed, as the escrow agent simply needs to write a confirmation letter certifying that the borrower has funds available to complete the transaction. It becomes difficult when the money is transferred to an escrow pending closing.

companies

Finally, there are companies whose sole purpose is to provide evidence of the financial ability of Commercial Real Estate Investors to complete their transactions. Many of them provide “Proof of Funds” and Transactional Financing. POF is required at the beginning of the deal and Transactional Financing is only for the day of closing. Both methods are a necessary part of an investor’s arsenal when using creative financing.