Your credit may be an excellent way to boost your returns

[Setho]

I think the amount of knowledge you have is something that is going to play a very central role in this but overall I think that a good credit is one that would boost your returns.

 

[eLdavis]

There are many times where you need to sell on credits to customers in order to draw more customers closer, but in giving out credit to customers, you have to study the customer to see how serious and God fearing he/she is.

True, this is a move that have two effects, it could actually attract more customers to your business, and it is a sign that shows you trust them. But if you are not careful, you could run into losses.

 

[Bousine123]

You have given really concrete points here my friend. The issue of credit report is where am having the issue, because to provide an accurate one is really difficult.

 

[Chibson]

Investing in so many businesses may be a good idea to raise your investment power or potentials. Credit definitely helps to facilitate real estate deals.

 

[btaliat]

They don't use credit report in my country while investing or dealing with estate management. When you have your money, you can meet your desired realtor.

 

[Kunkun]

Yeah this can be said true for most businesses but definitely not for all as there are different kinds of businesses and inturn bringing about different kinds of customers too

 

[HayKay]

Your credit would then come in the point where you talked about doing more capital project improvements. That way, you get a lot of ease when applying for a loan or the likes.
Once you have a good credit rating, you have a good way to raise capital for anything you need. So, paying up on time or even beforehand your existing loans is good

 

[Alexandoy]

Your credit would then come in the point where you talked about doing more capital project improvements. That way, you get a lot of ease when applying for a loan or the likes.
Once you have a good credit rating, you have a good way to raise capital for anything you need. So, paying up on time or even beforehand your existing loans is good

As they say the credit score is what makes of your credit personality. If you have no delayed payments in your bank loans or even in small loans to lenders then that would be a good reason for a bank to give you the loan that you are applying for. It is not easy but it is easier when your credit score is good.

 

[tuna89]

Tips for increasing your credit score fast

Pay your revolving credit balance. If you have the funds to pay more than your minimum payment each month, you should do so. ... Increase your reputation. ... Check your credit report for errors. ... Ask for negative entries whose payments have been removed from your credit port.

Thankss for these information, i can alwayt refer to these whenever issues arise as regards my credit score and the likes. Nice thread

 

[Kubiat-Abasi]

Credit score is only placed value upon because it boosts your chances of getting bigger loans in financial institutions. In some Countries, proper documentation are not kept for such purposes, hence making it not valued.

 

[Hojo]

Honestly I don't really understand the topic of this thread, I only know about doubling your portfolio to get high returns

 

[Mayox25]

You have good credit will qualify you to have access to credit facility from financial institutions like the mortgage bank. But how it will improve returns I don't know.

 

[Dagm1]

Credit score in real estate is particularly significant since it allows you to obtain large loans in real estate, such as a mortgage loan. When you have a good credit score, your landlord is more likely to give you a break when it comes to paying your rent.

 

[Shigobad2020]

Credit score in real estate is very important in that allow you to be able to take big loans in Real Estate like when you want to take care a mortgage loan. Credit score boosts your ability for landlord to give you a grace when you are stalling in paying your rent.

Your credit scores in real estate business always help you a lot in an estate management business, and it also helps you get a better loan from banks when the banks checks your credibility.

 

[CeeJase]

The only benefit of good credit that I can see is when you are trying to obtain a loan from a lender particularly from a bank. The loan application form has a portion where you have to state your outstanding loans in any lender, legal or not. You also have to state the collateral. Lastly, you have to show the proof of your income which would give you the qualification on the capacity to pay. Other than those mentioned, the credit has nothing to do with the transactions.

This is actually something that works for those who are actually very open to getting loans or overdraft but as far as I'm concerned it is not something that I'm looking forward to using but I will definitely have a good credit for myself.

 

[Kaffyfolla]

If your credit score is lower than you'd like, there may be fast ways to bring it up. Depending on what's holding it down, you may be able to tack on as many as 100 points relatively quickly.

 

[Lens]

If you want to be a good realtor, you will have to be honest and straightforward as much as possible. This will boost your earnings in the industry as many clients would be attracted to you because of your honesty and simplicity.

 

[ganibade]

There are numerous ways to raise returns on your investment property. For example, to raise the rental income or shop around for a manager with a lower price, you can opt to make capital improvements. Most significantly, a lower purchasing price can be negotiated for the land - when you purchase and not when you sell, you make your money in the property as it were.

However, the selling price and the finance requirements have two components to the purchase of rental land. Last, while securing more favorable financial terms can be an extremely efficient way to raise earnings, is often ignored.

What are your thoughts about this, please share your comments.

This is very elaborated answer that fit the question above. I believe from this answer I can learn more to improve in my business.

 

[greenie]

Credit score in real estate is very important in that allow you to be able to take big loans in Real Estate like when you want to take care a mortgage loan. Credit score boosts your ability for landlord to give you a grace when you are stalling in paying your rent.

 

[Sincerem]

A wise investment is an investment that yields profit for the investors. Many real estate companies list properties at prices which are some percentage higher than the original buying prices , this is because they hope to make profits. Profits should be your objectives before venturing into any Investment.