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Credit Report, Buyer Research, Broker Processing Products; Guild and First Centennial Deal

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Credit Report, Buyer Research, Broker Processing Products; Guild and First Centennial Deal

By:
Rob Chrisman

Mon, Aug 28 2023, 10:31 AM

As the rumor spreads that millions of women are lined up to be weighed at the Fulton County Jail, we head into late summer and early autumn, rarely a time for increased home sale activity. The National Association of REALTORS®’ total membership in July 2023 is 1.56 million. There are about 547k active listings. That’s one listing per three NAR members, which doesn’t even include non-NAR real estate agents. Analysts continue to point to the nationwide housing market struggling with low inventory levels and decreased affordability. While active inventory through the first six months of 2023 was higher than the record lows set in 2022, new listings have been lagging below 2022 levels. Just simply not enough homes? But Hawai’i’s Marcelle Loren writes, “I don’t agree with the reports of a lack of inventory. There’s just a lack of agents digging up properties to sell. For example, the death of Baby Boomers is a source of inventory: Rising costs are prompting more adult children to sell the homes they inherit from their parents. (Today’s podcast can be found here and this week’s is sponsored by Black Knight. Black Knight is an award-winning software, data and analytics company that drives innovation in the mortgage and real-estate industries, and the capital and secondary markets. Listen to an interview with the company’s Conrad Ficca and Richard Lombardi on climate risk and how lenders can mitigate its impact through data.)

Lender and Broker Software and Services

“How will this solution improve the homebuyer or homeowner experience?” This simple question guides the way we develop and deliver products at Black Knight, a mindset we call “Think Customer.” By combining this mentality with a Scaled Agile Framework (SAFe), Black Knight aligns product development and delivery with end-consumer needs while staying ahead of the latest market and technology advancements. Learn more about the value this approach has brought Black Knight clients and their customers in the blog post “’Think Customer’ in an Agile World”.

In this market, hustle is everything. You can’t afford to waste a single deal, or a single minute. That’s why ReadyPrice has launched Shop.Lock.Deliver.® It’s an innovative new platform designed to help independent mortgage brokers like you save time and money. Now you can shop competitive loan offerings from multiple lenders, get rate lock guarantees in real time, receive underwriting findings, and deliver the borrower’s complete loan file to lenders, and all on a single platform, at no cost to brokers. It’s the industry’s most powerful universal delivery portal, and it’s already helping brokers around the country thrive and compete in even the toughest market environments. Multiple lenders. One platform. Zero b.s. Check out ReadyPrice today.

Free report: These growing borrower segments present opportunities for new business in 2023’s market. Wondering how to fill your pipeline when loan volume is scarce? New data from Maxwell gives lenders an exclusive look into home buyer groups taking on higher rates head-on. Did you know, for instance, that the share of 18 to 24-year-old borrowers has increased by 18 percent year-over-year? Now is the time to cater to these rising home buyers. For exclusive data and actionable takeaways, click here to download Maxwell’s Q2 Mortgage Lending Report.

Credit Products for Brokers and Lenders

In today’s competitive landscape, every dollar and interaction matter more than ever. Blend’s first-of-its-kind soft credit pull delivers a simpler pre-qualification process, reducing top-of-funnel friction, cutting approximately $50 per credit file, and safeguarding borrowers from tri-merge solicitation and negative impacts on their credit scores. For lenders, Blend’s soft credit pre-qualification streamlines the application process, reducing drop-offs and increasing conversion rates. It provides lenders with valuable insights without an expensive hard credit inquiry, improving risk assessment and decision-making. Blend seamlessly integrates soft credit checks into the mobile loan officer experience and self-serve processes, with widespread adoption, ultimately leading to substantial cost savings for our customers. For borrowers, soft inquiries remove barriers to accessing early eligibility information, protect borrower credit scores, and promote financial empowerment, encouraging more borrowers to engage with lenders. Soft credit pre-qualification is a game-changer in the lending industry and a true win-win for borrowers and lenders.

Fraudulent employment data in mortgage loan applications cause risks for lenders and borrowers. For many years, it has been common practice for mortgage lenders or brokers to ask for paper pay stubs to help verify loan applicant’s income. But in 2022, out of all mortgage loans that had a fraud investigative finding, 43 percent were classified as income fraud. Technological advances allow lenders to instantly and securely obtain reliable income and employment verifications from a trusted third-party provider. Available for use by credentialed verifiers with a permissible purpose under the FCRA, The Work Number® database is the leading commercial repository of employer-contributed payroll data. Unlock the power of our expansive database, instant access to 161 million current employment records directly from 2.8 million employers and payroll providers. With buybacks on the rise, why use paper-based processes that potentially increase repurchase risk at a time when proven GSE-approved options exist?

The Big Getting Bigger

Guild Mortgage further expanded its market share with the announcement this morning of the company’s acquisition of First Centennial Mortgage, a privately held residential lender headquartered in Illinois. Founded by brothers Steven and David McCormick in 1995, First Centennial will bring 15 branches and nine satellite offices to Guild’s growing national retail network. This acquisition is Guild’s third this year, following its purchase of Cherry Creek in April and Legacy Mortgage in February. (Guild was represented by the STRATMOR Group’s M&A team.)

Lenders tired of the rate volatility, the cost cutting, rates possibly trending higher with the Fed fighting inflation (until the Silicon Valley bank failure drove them down) may be looking at selling their company or merging it. “Valuing a Lender” was recently posted on the STRATMOR website.

Sure enough, STRATMOR’s M&A practice is on fire as big lenders have become small lenders, or brokers, and culturally paired lenders are wondering, “Why have two accounting teams? Two capital markets groups? Two underwriting staffs?” And so on. (Anyone interested in learning more should talk to David Hrobon or Garth Graham.) Of course, as has been mentioned in this commentary, larger lenders are also adept at simply hiring production staff away from smaller, thinly capitalized lenders.

Many owners of lenders around the nation are earnestly interested in making a decision about what to do with their company before a decision is made for them. I have received this question from a number of owners of small lenders. ‘Rob, is it only the lenders who have servicing who have any value? Or can small lenders with decent market share like mine have interest from buyers?”

Garth Graham replied. “Great question, Rob, and one we field nearly every day. We are hearing from lenders who are inquiring about the M&A space, and often trying to find out what is going on and what they should do.

“The answer is that there continues to be good deals for potential sellers, and the reason is that there are a lot of buyers we work with who continue to want to grow market share in a down market. We closed three deals in the last 60 days, and all had upfront premiums with solid earn outs, with a good cultural fit for the parties. Often the premium being paid is driven by the ability for the seller to add the production without having to add all the corporate expense, so it can be painful decisions about the corporate depts (secondary, HR, Risk, technology etc.), but the end result is that the production is worth more to the buyer than it is to the seller due to the cost savings. And that shows up on premium offers. And the seller gets the balance sheet plus a share of that financial benefit. So, it can be a potential win-win. Of course, it has to be a deal that makes sense for the LOs, and production staff too, so that is why culture matters so much.” Thank you, Garth.

To wrap up, in valuing a company, a potential buyer will look at the audited net worth and the discounted cash flows, usually for the next three years of estimated earnings. (The devil’s in the details and assumptions!) The value to a potential buyer will depend on different factors, and three main variables often used in an analysis are loan volumes, margins, cost structure, & profitability, and the current policies, procedures, & business model.

Of course, repurchase obligations are included, as well as existing or potential liabilities. Are there outstanding lawsuits? Is the buyer buying the entire company, or a percentage of ownership… a minority ownership has very little value. It is not a simple process, and making assumptions about the future is problematic. A thorough examination of these factors is where the value of a competent advisor shows itself.

Capital Markets

Spoiler alert: our Federal Reserve doesn’t set mortgage rates, but the “hawkish” tone from Federal Reserve Chairman Jerome Powell was an indication that there won’t be much slack in the battle to bring down inflation. If they are any indication, futures trading is pricing in roughly a two-thirds probability that the central bank will boost its key interest rate by a quarter percentage point in November after a pause in September.

In an eagerly anticipated speech from Jackson Hole on Friday, Fed Chair Powell made no bones about the Fed’s unwavering pursuit of returning annualized inflation to 2 percent. As far as the Fed is concerned, the message is “stay the course” even if that means even higher interest rates. Powell reiterated that the Fed would not change its long-term inflation target of 2 percent as some market commentators may have hoped and reaffirmed the reliance on incoming economic data and the potential to further tighten monetary policy if the conditions warrant. His wholly expected remarks seem to have had a calming effect on markets. Other central bank chiefs echoed Powell in projecting a cautious stance, saying the inflation triggered by Covid-19 and its fallout has not been fully conquered.

While recent data has been trending in the Fed’s desired direction, Powell noted that the previous two months of data are not enough to instill confidence that inflation will continue to trend down towards the Fed’s goal. There are still supply and demand imbalances that put upwards pressure on inflation specifically as it pertains to shelter and non-housing services. Overall, goods prices have declined and residential lease rates are cooling, however home prices remain high due to lack of supply. Given the desire not to repeat the mistakes of the 1970s in declaring victory over inflation too soon, it is not surprising the tone of the Fed continues to be one of caution, which may continue even as more positive data is released.

The Federal Reserve is data-dependent, of course, and this week is packed with potential market moving events including front-loaded month-end supply, and economic data including several labor market indicators, culminating with monthly U.S. employment numbers that will be released on Friday, and Fed-favorite PCE on Thursday, which also happens to be month-end. Other economic data of interest include housing-related releases, consumer confidence, GDP, Chicago PMI, ISM, and construction spending. The start of the week is all about supply with the Treasury auctioning $45 billion 2-year notes and $46 billion 5-year notes. Today also brings Dallas Fed Texas manufacturing for August and comments from Fed Vice Chair for Supervision Barr. We begin the week with Agency MBS prices roughly unchanged from Friday’s close and the 10-year yielding 4.23 after closing Friday at 4.24 percent. The 2-year is at 5.10 after Fed Chair Powell’s Friday comments drove the yield higher.

Employment

“A seasoned executive is looking to explore the next growth and strategic opportunity. Over the course of a twenty-three-year career, I developed expertise in many aspects of the business, spanning retail, wholesale, and correspondent production. Background also includes a deep understanding of MSR and servicing operations. Proven ability to manage businesses at scale, with a strong focus on compliance, credit, and enterprise risk management. Passionate about process optimization and leveraging technology to drive efficiency, all while fostering a positive organizational culture. Track record includes driving maximized revenue through aggressive yet responsible growth strategies. Working for private equity-owned organizations, providing valuable experience in capital acquisition and broad investor relations. If you’re interested in learning more about my background and how I can contribute to your team’s success, please don’t hesitate to contact Anjelica Nixt to forward your note.”

The Maryland regional office of USA Mortgage has added leading Home Loan Officer Jamison Mullen to its team. Mullen, a 20-year industry veteran, joins a USA office headed by Bill Sohan who recently came on board as a regional vice president. “I wasn’t looking for a change. I was with a great company. But sometimes an opportunity arises that you can’t ignore,” said Mullen. “When Bill and Sam Rosenblatt approached me about joining forces, I had to listen. And as soon as I met the corporate leadership team at USA Mortgage, I knew they were the kind of people I wanted to work with for the remainder of my career.” Founded in St. Louis in 2001, 100 percent employee-owned USA Mortgage has offices in 34 states and is licensed in 49 states plus the District of Columbia. For a confidential conversation about joining USA, contact Bill Sohan at 410-963-2308.

Quality. Stability. Virtue. Traits that define a successful mortgage company, or any company, for that matter. But when we’re talking about mortgages, InterLinc Mortgage hits the mark on these three skills, and more. With an average of $32 million in annual production per Loan Originator, the mortgage team not only kept pace through a turbulent market, but they did also so with excellence. Scotsman Guide’s 2022 Top Overall Lender and Top Retail Lender awards prove the grit and sustainability displayed by the producers (which is an assembly of the elite) and its leaders. A company that proves fortitude and character…worth the look.

 Download our mobile app to get alerts for Rob Chrisman’s Commentary.

Source: mortgagenewsdaily.com

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More news on the non-QM loan front, with the new rules set to go into effect on Friday…

The top mortgage lender in the country, Wells Fargo, has reportedly assigned some 400 underwriters to look over loans that don’t comply with the new Qualified Mortgage rule.

These so-called non-QM loans will likely be kept on the bank’s books, meaning more scrutiny is needed to ensure they don’t get stuck with any bad loans.

At the moment, the bank sells off most its loans via the originate-to-distribute model. And seeing that most fit the guidelines of Fannie Mae, Freddie Mac, or the FHA, underwriting is fairly straightforward.

Wells Fargo Home Mortgage Executive VP Brad Blackwell told Bloomberg in a telephone interview that the new specialized group of underwriters will “execute different policies and report to separate bosses.”

They’ll be located in six different locations around the country and training is scheduled to be complete by year-end.

For the record, they’ll be able to originate both QM and non-QM loans.

Non-QM Loans Could Represent 5% of Bank’s Volume

Blackwell added that non-QM loans could represent as much as 40% of the bank’s non-conforming loan volume, or five percent of all mortgages originated.

Currently, Wells has roughly $72.4 billion in non-conforming loans (those that don’t meet the standards of Fannie Mae and Freddie Mac) on their books.

The company added about $14.5 billion in such loans during the six months ending in September. Chances are most are jumbo mortgages of the utmost quality.

The expectation is that more and more banks will dip their toes into the non-QM waters as refinance volume continues to dry up.

During the final month of 2013, mortgage application volume fell to its lowest point in more than 12 years, according to the Mortgage Bankers Association.

So loan originators will certainly need to come up with new ways to drum up business.

The Bank of the West has already pledged to continue offering interest-only loans (which fall outside the QM standard), and Bank of America said it would also make them for “preferred customers.”

Of course, these offerings will probably be directed at the strongest borrowers first, including high-net worth individuals and those with pristine credit.

Over time, we might see expanded guidelines as investors pledge to buy non-QM loans, enabling lenders to pitch them with less fear.

And it could be big business. Raj Date, former deputy director of the CFPB, the group behind the QM rule, told Bloomberg the non-QM market could be a $400 billion per year business.

While that might be good for banks, one major concern is that quality could go out of the window as lenders look for new ways to make up for the shortfall, similar to the recent subprime bust. And then we’ll be back to square one.

Source: thetruthaboutmortgage.com

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In the world of sports, only a handful of names can rival the legendary status of Lionel Messi.

Known as the Messi-ah of soccer, the Argentinian athlete has racked up countless achievements and awards, including the elusive World Cup in 2022, which took him 16 years to finally win.

When he’s not busy scoring goals and making defenders question their life choices, Leo Messi is living it up in his seriously swanky mansions and condos. He has a net worth of around $600 million, so it comes as no surprise that Messi would splurge on his homes.

With properties in different parts of the world, many fans wonder – “Where does Leo Messi live now?” 

The star athlete has been busy growing his real estate portfolio since 2017, so it can be hard to keep up with his whereabouts. But, as he is currently playing for Inter Miami, he has now settled in Vice City.

Lionel Messi playing for Inter Miami in August 2023. Photo credit: YES Market Media / Shutterstock.com

And while he’s still keeping things under wraps — until he finds the right mansion to put down roots in Miami — we’ve put together a list of Lionel Messi’s houses and condos in recent years, to give you an idea of the soccer star’s options when it comes to housing.

Lionel Messi bought a couple of million-dollar condos in Miami

Back in 2019, before his MLS move to Inter Miami, Messi dropped $5 million to buy an oceanfront condo unit at Porsche Design Tower in Sunny Isles Beach.

His unit totals 3,555 square feet and has three bedrooms and four-and-a-half bathrooms (swipe for pics).

The 60-story luxury condominium offers ultra-luxurious amenities, including a car elevator that allows residents to drive their cars straight to their apartments, providing privacy for high-profile celebrities and billionaires. Messi reportedly sold his unit for $7 million in 2021.

Later, he purchased another luxe Miami penthouse at the Regalia Residences, just 10 blocks away from his first condo.

Messi decided to go big on the upgrade and purchased the whole ninth floor for $7.3 million.

The four-bedroom penthouse has lots of living space, with floor-to-ceiling glass windows that framed the scenic beach views perfectly. Seven months after he closed the deal, Lionel Messi’s condo was relisted and ended up back on the market.

He lived in a lavish mansion in Barcelona

Prior to his move to the States, Messi’s primary residence was a lavish mansion in Barcelona.

He built the property in the upscale Bellamar neighborhood in Castelldefels. According to reports, he bought the house in 2009 for $2 million and spent millions more on renovations. It is rumored that he bought the adjacent lot as well, just because the neighbors were too noisy and he wanted some privacy. 

The mansion features modern architecture and Mediterranean-themed indoors, with hardwood floors and spacious living areas.

Outdoors, there’s a large garden, a barbeque pit, a pool, and a small playground for Messi’s kids. To keep himself in good shape, Messi also had a small football field installed on the side of his house. 

Messi, along with his wife Antonela Roccuzzo and their three sons, stayed in this mansion for over a decade while he was still playing for Barcelona. It remains unclear if he still owns this property or if he sold it after he switched teams.

Reports say that Lionel Messi also purchased a property near his childhood home in Rosario, Argentina, so he can visit his hometown whenever he wants. Details of this home have been kept secret to protect his family’s privacy. 

Leo Messi also has a growing hotel portfolio

Messi doesn’t hold back in his pursuits and this extends to his ventures in the realm of real estate.

He entered the hotel business in 2017 and acquired MIM Hotels, managed by Majestic Hotel Group, run by his brother Rodrigo.

Over the past years, the footballer-turned-hotelier has been adding more properties to his hotel chain. Now, the group owns six hotels with locations in Sitges, Ibiza, Majorca, Baqueira, Sotogrande, and Andorra.

Many football fans can’t help but compare Messi to his rival Cristiano Ronaldo, who also runs a chain of hotels. The two superstar athletes can’t seem to shake off the competition even off the field. Messi, however, leads the business game with his expanding luxury hotel chain.

Loving life in Miami

While there have been no reports on where Leonardo Messi lives in Miami, it looks like he and his family have settled into their new life in the US. They were spotted shopping for groceries in the local supermarket, all in casual clothing, looking cheerful and perfectly at ease.

In an interview, Messi shared how happy he is with his decision to move to the States.

“I came here to play and to keep enjoying soccer which is what I loved my whole life and I choose this place because of all those things,” he said. 

“I can tell you that I am very happy with the decision I made and for how my family and I live our day-to-day lives and how we enjoy the city and this new experience and how the people received us from the first day, from the people of Miami and the people of the US in general.”

More stories

Serena Williams’ house in Florida has many unique features, but no living room

Where does LeBron James Live Now? A Look at the NBA Superstar’s Impressive Homes

Basketball Legend Michael Jordan house in Chicago

Source: fancypantshomes.com

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These reviewers are industry leaders and professional writers who regularly contribute to reputable publications such as the Wall Street Journal and The New York Times.

Our expert reviewers review our articles and recommend changes to ensure we are upholding our high standards for accuracy and professionalism.

Our expert reviewers hold advanced degrees and certifications and have years of experience with personal finances, retirement planning and investments.

When I became an accredited investor, I found myself among an elite group with the financial means and regulatory clearance to access investments that many couldn’t. This opened doors to exclusive realms like hedge funds, venture capital firms, specific investment funds, private equity funds, and more.

Even though I had this “exclusive access” it took me awhile to start investing in alternative asset classes.

The Securities and Exchange Commission states that as an accredited investor, I possess a level of sophistication that equips me to craft a riskier investment portfolio than a non-accredited investor. While this might not be universally true for everyone, in my case, I had demonstrated the financial resilience to bear more risk (see barbell investing), especially if my investments took an unforeseen downturn.

One of the intriguing aspects I discovered was that investment opportunities for accredited investors aren’t mandated to register with financial authorities. This means they often come with fewer disclosures and might not be as transparent as the registered securities available to the general public.

The underlying belief is that my status as a sophisticated investor implies a deeper understanding of financial risks, a need for less disclosure on unregistered securities, and a conviction that these exclusive investment opportunities are apt for my funds.

On a personal note, as a practicing CFP®, I hadn’t always worked with accredited investors. Early in my career, I didn’t quite grasp the allure. But as time went on, I began to see the broader spectrum of investment options available to accredited investors.

As I learned more the clearer it became why this realm was so sought after. The variety and potential of these exclusive opportunities were truly eye-opening, reshaping my perspective on the world of investing.

Introduction to Accredited Investors

An accredited investor is an individual or a business entity that is allowed to trade securities that may not be registered with financial authorities. They are entitled to this privileged access because they satisfy one or more requirements regarding income, net worth, asset size, governance status, or professional experience.

The concept of an accredited investor originated from the idea that individuals or entities with a higher financial acumen or more resources are better equipped to understand and bear the risks of certain investment opportunities.

Historically, the distinction between accredited and non-accredited investors was established to protect less experienced investors from potentially risky or less transparent investment opportunities.

Regulatory bodies, such as the U.S. Securities and Exchange Commission (SEC), have set criteria to determine who qualifies as an accredited investor, ensuring that they have the financial stability and sophistication to engage in more complex investment ventures.

Criteria for Becoming an Accredited Investor

To be classified as an accredited investor, one must meet specific criteria set by regulatory bodies:

Criteria Description
Income Requirements An individual must have had an annual income exceeding $200,000 (or $300,000 for joint income with a spouse) for the last two years, with the expectation of earning the same or a higher income in the current year.
Net Worth Requirements An individual or a couple’s combined net worth must exceed $1 million, excluding the value of their primary residence.
Professional Credentials Recent updates have expanded the definition to include individuals with certain professional certifications, designations, or other credentials recognized by the SEC. Examples include Series 7, Series 65, and Series 82 licenses.
Business Entities Entities, such as trusts or organizations, with assets exceeding $5 million can qualify. Additionally, entities in which all equity owners are accredited investors may also be considered accredited.

Best Investment Opportunities for Accredited Investors

Here’s a rundown of some of the top investment for accredited investors…

1. Fundrise

  • Minimum Investment: $500
  • Best for: Newbie Investors

Fundrise has revolutionized the real estate investment landscape. By democratizing access to real estate portfolios, it allows individuals to invest without the complexities of property management or the need for vast capital. The platform’s innovative approach provides exposure to a traditionally lucrative, yet often inaccessible, sector of the market

Through Fundrise, investors can access a diversified range of properties, from commercial ventures to residential units. The platform’s expert team curates these portfolios, ensuring a balance of risk and reward. With its user-friendly interface and transparent reporting, Fundrise has become a top choice for many venturing into real estate investments.

How it Works:
Investors start by choosing a suitable investment plan on Fundrise. Once invested, the platform pools the funds with other investors and allocates them across various real estate projects. As these properties generate rental income or appreciate in value, investors receive returns in the form of dividends or appreciation.

Pros:

  • Diversified real estate portfolios.
  • User-friendly platform with transparent reporting.

Cons:

  • Limited liquidity compared to public markets.
  • Returns are dependent on real estate market performance.

2. Equitybee

  • Minimum Investment: $10,000
  • Best for: Experienced Investors

Equitybee offers a unique platform that bridges the gap between private companies on the cusp of going public and potential investors. This innovative approach provides a golden opportunity for investors to tap into the potential of startups and other private firms before they make their public debut.

The platform’s primary focus is on employee stock options. By allowing investors to invest in these options, they can potentially benefit from their appreciation as the company grows. With a vast array of companies, from emerging startups to established giants, Equitybee presents a diverse range of investment opportunities.

How it Works:
Investors browse available stock options from various companies on Equitybee. Once they choose an option, they invest their funds, which are then used to purchase the stock options from the employees. If the company goes public or gets acquired, the investor stands to gain from the increased value of these stocks.

Pros:

  • Access to pre-IPO companies.
  • Diverse range of startups and established firms.

Cons:

  • Platform fee of 5%.
  • Potential risks associated with private market investments.

3. Percent

  • Minimum Investment: $500
  • Best for: Novice Investors

Percent stands as a beacon in the vast sea of the private credit market, illuminating a sector often overshadowed by traditional investments. This burgeoning market, valued at over $7 trillion, consists of companies borrowing from non-bank lenders. Percent offers a unique vantage point into this market, allowing investors to diversify their portfolios beyond typical stocks and bonds.

The allure of Percent lies in its ability to offer shorter terms and higher yields, combined with investments that are largely uncorrelated with public markets. This makes it an attractive proposition for those looking to step away from the volatility of traditional markets.

How it Works:
Upon joining Percent, investors are presented with a plethora of private credit opportunities. After selecting an investment, funds are pooled with other investors and lent out to companies seeking credit. As these companies repay their loans, investors earn interest, providing a steady income stream.

Pros:

  • Access to the burgeoning private credit market.
  • Potential for higher yields.

Cons:

  • Requires understanding of private credit dynamics.
  • Less liquidity compared to public markets.

4. Masterworks

  • Minimum Investment: $10,000
  • Best for: Novice Investors

Masterworks paints a vivid picture of art investment, blending the worlds of finance and fine art. Traditionally, investing in art was a luxury reserved for the elite. However, Masterworks has democratized this, allowing individuals to buy shares in artworks from world-renowned artists.

The platform’s strength lies in its expertise. From authentication to storage, every facet of art investment is handled meticulously. This ensures that investors can appreciate both the beauty of their investments and the potential financial returns.

How it Works:
After registering on Masterworks, investors can browse a curated selection of artworks. They can then purchase shares, representing a fraction of the artwork’s value. Masterworks takes care of storage, insurance, and eventual sale. When the artwork is sold, investors share the profits based on their ownership.

Pros:

  • Opportunity to diversify with fine art.
  • Managed by art experts.

Cons:

  • Art market can be unpredictable.
  • Long-term investment horizon.

5. Yieldstreet

  • Minimum Investment: $15,000
  • Best for: Advanced Investors

Yieldstreet stands at the intersection of innovation and alternative investments. It offers a smorgasbord of unique investment opportunities, ranging from art to marine finance. For those looking to venture beyond the beaten path of traditional stocks and bonds, Yieldstreet presents a tantalizing array of options.

The platform’s allure lies in its curated selection of alternative investments, each vetted by experts. This ensures that while investors are treading unconventional grounds, they’re not stepping into the unknown blindly.

How it Works:
Investors begin by browsing through the diverse investment opportunities on Yieldstreet. After selecting their preferred asset class, their funds are pooled with other investors and allocated to the chosen venture. Returns are generated based on the performance of these assets, be it through interest, dividends, or asset appreciation.

Pros:

  • Wide range of alternative investments.
  • Potential for high returns.

Cons:

  • Some niches may be too specialized.
  • Requires a deep understanding of chosen investments.

6. AcreTrader

  • Minimum Investment: $10,000
  • Best for: Newbie Investors

AcreTrader, as its name suggests, brings the vast expanses of farmland to the investment table. It offers a unique opportunity to invest in agricultural land, combining the stability of real estate with the evergreen nature of agriculture. With the global population on the rise, the value of fertile land is only set to increase.

The platform meticulously vets each piece of land, ensuring only the most promising plots are available for investment. This rigorous process ensures that investors are planting their funds in fertile ground, poised for growth.

How it Works:
Investors peruse available farmland listings on AcreTrader. After selecting a plot, they can invest, effectively owning a portion of that land. AcreTrader manages all aspects, from liaising with farmers to ensuring optimal land use. Investors earn from the appreciation of land value and potential rental income.

Pros:

  • Stable, tangible asset.
  • Potential for steady returns.

Cons:

  • Returns may be slower compared to other platforms.
  • Limited to U.S. farmland.

7. EquityMultiple

  • Minimum Investment: $5,000
  • Best for: Experienced Investors

Summary:
EquityMultiple is a testament to the power of collective investment in the real estate sector. By leveraging the principles of crowdfunding, it offers a platform where multiple investors can pool their resources to finance high-quality real estate projects. This collaborative approach allows for diversification and access to projects that might be out of reach for individual investors.

The platform’s strength lies in its curated selection of real estate opportunities, ranging from commercial spaces to residential properties. With a team of seasoned real estate professionals at the helm, EquityMultiple ensures that each project is vetted for maximum potential and minimal risk.

How it Works:
Upon joining, investors can explore a variety of real estate projects. After committing to a project, their funds are pooled with other investors to finance the venture. Returns are generated through rental incomes, property appreciation, or the successful completion of development projects.

Pros:

  • Diverse real estate opportunities.
  • Managed by real estate professionals.

Cons:

  • Market risks associated with real estate.
  • Longer investment horizons.

8. CrowdStreet

  • Minimum Investment: $25,000
  • Best for: Advanced Investors

CrowdStreet stands as a pillar in the commercial real estate investment domain. With its vast experience and industry connections, it offers a platform where investors can tap into prime real estate projects across the nation. From bustling urban centers to tranquil suburban locales, CrowdStreet provides a diverse range of investment opportunities.

The platform’s expertise ensures that each project is meticulously vetted, offering a blend of potential returns and stability. For investors looking to delve into commercial real estate without the hassles of property management, CrowdStreet is an ideal choice.

How it Works:
After registration, investors can browse a myriad of commercial real estate offerings. Upon investing in a project, CrowdStreet manages the investment, providing regular updates and ensuring optimal project execution. Investors earn returns based on the project’s performance, be it through rentals, sales, or project completions.

Pros:

  • Access to prime commercial properties.
  • Established platform with a proven track record.

Cons:

  • High minimum investment.
  • Market dependency for returns.

9. Mainvest

  • Minimum Investment: $100
  • Best for: Newbie Investors

Mainvest offers a refreshing twist in the investment landscape, focusing on the heart and soul of the American economy: local businesses. From quaint cafes to innovative startups, Mainvest provides a platform where investors can support and benefit from the growth of small businesses in their communities.

The platform’s community-centric approach ensures that investments are not just about returns but also about fostering local economies. For those looking to make a difference while earning, Mainvest presents a unique opportunity.

How it Works:
Investors can explore various local businesses seeking capital on Mainvest. By investing, they essentially buy a revenue-sharing note, earning a percentage of the business’s gross revenue until a predetermined return is achieved.

Pros:

  • Support and invest in local businesses.
  • Low minimum investment.

Cons:

  • Risks associated with small business investments.
  • Returns might be slower compared to other platforms.

10. Vinovest

  • Minimum Investment: $1,000
  • Best for: Novice Investors

Vinovest uncorks the world of wine investment, offering a blend of luxury, history, and financial growth. Fine wines have been a symbol of opulence for centuries, and Vinovest provides a platform where this luxury becomes an accessible investment.

With a team of wine experts guiding the way, the platform ensures that each wine is not just a drink but an investment poised for appreciation. From sourcing to storage, Vinovest handles every facet, ensuring the wine’s value grows over time.

How it Works:
After signing up, investors set their preferences and investment amount. Vinovest then curates a wine portfolio based on these preferences, handling sourcing, authentication, and storage. As the wine appreciates, so does the investor’s portfolio.

Pros:

  • Unique investment opportunity in fine wines.
  • Managed by wine connoisseurs.

Cons:

  • Long-term holding for optimal returns.
  • Market influenced by external factors like climate.

11. Arrived Homes

  • Minimum Investment: $100
  • Best for: Novice Investors

Arrived Homes offers a fresh perspective on real estate investment, focusing on the charm of single-family homes. While skyscrapers and commercial complexes often dominate real estate discussions, single-family homes offer stability, consistent returns, and a touch of nostalgia.

The platform’s strength lies in its focus. By concentrating on single-family homes, it offers investors a chance to tap into a stable real estate segment, benefiting from both rental income and property appreciation.

How it Works:
Investors browse available properties on Arrived Homes. After selecting a property, they can invest in shares, representing a portion of the home’s value. As the property is rented out, investors earn a share of the rental income. Additionally, any appreciation in property value benefits the investors.

Pros:

  • Low minimum investment.
  • Quarterly dividends.

Cons:

  • New platform with a shorter track record.
  • Limited to single-family homes.

12. RealtyMogul

  • Minimum Investment: $5,000
  • Best for: Novice to Experienced Investors

RealtyMogul stands tall in the commercial real estate investment landscape. It offers a platform where diversification meets opportunity, presenting a range of commercial properties for investment. From bustling office spaces to serene residential complexes, RealtyMogul provides a plethora of options for investors to expand their portfolios.

The platform’s prowess lies in its dual approach. Investors can either dive into non-traded REITs or make direct investments in specific properties. This flexibility ensures that both novice and experienced investors find opportunities that align with their investment goals.

How it Works:
Upon joining RealtyMogul, investors can choose between REITs or direct property investments. Their funds are then channeled into these real estate ventures. Returns are generated through rental incomes, property sales, or successful project completions.

Pros:

  • Wide range of commercial properties.
  • Both REITs and direct investments available.

Cons:

  • Market risks inherent to real estate.
  • Higher minimums for direct investments.

The Future of Accredited Investing

The world of accredited investing is dynamic and ever-evolving. Emerging trends suggest a shift towards democratizing investment opportunities, with regulatory bodies considering more inclusive criteria for accredited investor status. This shift aims to balance the need for investor protection with the recognition that financial acumen can come from experience and education, not just wealth.

Furthermore, technological advancements are playing a pivotal role. The rise of blockchain and tokenized assets, for instance, is creating new avenues for investment and might reshape the landscape of opportunities available to accredited investors.

xAs the line between traditional and alternative investments blurs, the future promises a more integrated, inclusive, and innovative environment for accredited investors.

The Bottom Line – Top Investments for Accredited Investors

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Understanding the role and opportunities of accredited investors is crucial in the modern financial landscape. While the distinction offers privileged access to unique investment opportunities, it also comes with increased risks and responsibilities.

As the world of investing continues to evolve, potential accredited investors are encouraged to stay informed, conduct thorough research, and seek professional advice. The realm of accredited investing, with its blend of challenges and opportunities, promises exciting prospects for those ready to navigate its complexities.

FAQs – Investment Options for Accredited Investors

Why is there a distinction between accredited and non-accredited investors?

The distinction is primarily for investor protection. Accredited investors are deemed financially savvy or stable enough to handle the risks associated with unregistered securities, which might be riskier and less transparent.

What investment opportunities open up for accredited investors?

Accredited investors gain access to a broader range of investment opportunities, including hedge funds, private equity, venture capital, certain private placements, and more.

Are investments for accredited investors riskier?

While not inherently riskier, these investments often come with less regulatory oversight and transparency, which can increase potential risks. It’s essential to conduct thorough due diligence before investing.

Do accredited investors have any advantages in the public stock market?

While the primary benefits of being an accredited investor pertain to private investment opportunities, the financial acumen and resources associated with accredited investors can also be advantageous in public markets, especially when considering more complex investment strategies.

About the Author

Jeff Rose, CFP® is a Certified Financial Planner™, founder of Good Financial Cents, and author of the personal finance book Soldier of Finance. He was a financial planner for 16+ years having founded, Alliance Wealth Management, a SEC Registered Investment Advisory firm, before selling it to focus on his passion – educating the masses on the importance of financial freedom through this blog, his podcast, and YouTube channel.

Jeff holds a Bachelors in Science in Finance and minor in Accounting from Southern Illinois University – Carbondale. In addition to his CFP® designation, he also earned the marks of AAMS® – Accredited Asset Management Specialist – and CRPC® – Chartered Retirement Planning Counselor.

While a practicing financial advisor, Jeff was named to Investopedia’s distinguished list of Top 100 advisors (as high as #6) multiple times and CNBC’s Digital Advisory Council.

Jeff is an Iraqi combat veteran and served 9 years in the Army National Guard. His work is regularly featured in Forbes, Business Insider, Inc.com and Entrepreneur.

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Source: goodfinancialcents.com

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If you have financial goals, you need a financial plan. Here’s how to make one.

August 16, 2023

Having a financial plan could play a key role in achieving major life goals. Why wait any longer? Start assessing your current situation, setting financial planning goals, and thinking about how the right Discover® savings account could help you focus more closely on your financial future today.

The Best Laid Plans

Before you make a financial, you need a clear picture of where you stand today. Tracking your income and expenses on a regular basis and assessing your net worth — total assets minus total debts — helps you see how much money you can commit to individual financial goals.

Your First Home

Home ownership is at the heart of the American dream. The biggest obstacle facing homebuyers is funding a down payment – now often at least 20% of a home’s purchase price. The good news is there are many down-payment options for first-time buyers. Check with banks in your area to see what special programs may be available to you.

If you intend to buy a house within five years, it might be a good idea to include saving for a down payment when creating your financial plan. A good way to save for a down payment may be through short-term saving vehicles, such as those available through a Discover Money Market Account or Certificate of Deposit (CD) to help pay for your first home.

Your Child’s Education

Ideally you should start saving for your child’s education as soon as — or even before — he or she is born. According to Bankrate, tuition and fees at four-year public colleges have increased by 179% over the last 20 years. Depending on your child’s age, you may want to consider investing your education dollars in stocks or stock mutual funds. While stocks can be riskier than other investments over short time periods, over the long-term they have historically produced the highest returns.

There are many other education savings options, and some, such as state-sponsored 529 college savings plans and the Coverdell Education Savings Account, offer tax advantages as well.

Your Retirement

When making a financial plan, a secure retirement is probably your most important long-term financial goal. According to Bankrate, the common guideline is to replace 80% of your final working year’s salary for each year you spend in retirement.

That’s why it’s important to start saving for retirement early in life and keep saving as much as you can throughout your working years. Opening a Discover IRA CD is one of the easiest — and most effective — ways to save for this important goal.

Get the Help You Need

Knowing the right financial moves to make and when to make them is a complicated job that most of us don’t have the resources to handle alone. Consider consulting a qualified financial professional who can help you keep your financial plan on track with your ever-changing needs. And be sure to familiarize yourself with all the different ways that Discover’s savings accounts can be at the center of your strategy. Their great rates and convenient account management options may be just what you’re looking for.

Discover®

Regardless of your time horizon, risk tolerance, or savings goal, you can always find the right savings vehicle for your needs at Discover®. Discover® offers an Online Savings Account to help you with your short-term savings goals, a full range of CDs and IRA CDs with terms from 3 months to 10 years as well Money Market Accounts that may be ideal for rounding out your overall savings strategy. Open a Discover® account online or call our 24-hour U.S-based Customer Service at 1-800-347-7000.

The article and information provided herein are for informational purposes only and are not intended as a substitute for professional advice.

Articles may contain information from third-parties. The inclusion of such information does not imply an affiliation with the bank or bank sponsorship, endorsement, or verification regarding the third-party or information.

* The article and information provided herein are for informational purposes only and are not intended as a substitute for professional advice. Please consult your tax advisor with respect to information contained in this article and how it relates to you.

Source: discover.com

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This article originally appeared on Spark Rental and has been republished here with permission. 

The views and opinions expressed in this article are those of the author only and are not endorsed by Credit.com.

What Is the Purpose of Bonds in Your Portfolio?

Bonds have historically served as a counterweight to stocks, as investors approach retirement. 

For all their advantages, stocks come with one enormous disadvantage: volatility. When you first retire, you face something called sequence risk: the risk of a stock market crash early in your retirement, before your stock portfolio has compounded enough to withstand a deep drop. 

Here’s how bonds protect you from sequence risk, and the role they play in your retirement portfolio.

1. Low Risk

Bonds are interest-only debts. When you buy a bond, the issuer (the borrower) agrees to pay you interest at a set rate for a certain period of time. At the end of that period, the bond matures and you get your principal investment back. 

Bonds come with two risks. First, and most relevantly to retirees, the bond issuer could default. That rarely happens, at least outside of the junk bond market. The other risk is that interest rates rise, so the value of your existing bonds goes down on the secondary market. But this risk doesn’t really apply to retirees simply looking for ongoing interest income rather than looking to trade bonds.

The low risk of bond default counterbalances the real risk of stock market corrections and crashes. Retirees can lean on their bond income if the stock market crashes, and (hopefully) avoid selling while stock prices are low. 

2. Low Correlation with Stocks

Bonds provide diversification for investors. Bond returns have a low correlation with stock returns: they rarely crash at the same time as stock markets. In fact, bond prices normally rise when stocks crash, as investors flee stocks for the safety of bonds. 

Once again, this protects retirees from the risk of a stock market crash. 

3. Stable Income

Retirees need passive income to live on, in the absence of a paycheck. Interest payments from bonds can provide that steady income. 

The same can’t be said for stocks. Not all stocks pay dividends, and even those that do can change their dividend payment at any time. They could lower or eliminate their dividend entirely, leaving retirees without income. The retiree could sell their stocks to generate income of course, but that reduces their net worth. 

Can Real Estate Fill the Role of Bonds in Your Portfolio?

The short answer: yes, if you know what you’re doing. Which, of course, not everyone does.

Real estate investments can earn you ongoing income, with low risk and low correlation to the stock market. So they can serve the same purpose as bonds in your retirement portfolio, at a higher return. In fact, one study reviewing all asset classes for the last 145 years found that rental properties offered higher returns than stocks, with far lower risk. 

Still, some types of real estate investments require work on your part. You could invest in publicly-traded REITs, bought and sold on stock exchanges and just as passive as stocks, but they tend to share a high correlation with stock markets. That gives them little diversification value. 

But there are many types of real estate investments, each with their own pros and cons. Real estate will never be completely risk-free like Treasury bonds, but it can offer strong returns at low risk, especially if you diversify.

Ways to Invest in Real Estate as a Bond Alternative

The permanent environment of low interest rates in the 21st century have made bonds unappealing and real estate far more appealing. Investors can use leverage to buy real estate with other people’s money, at low interest. 

Or not–many of the real estate investing options below don’t involve leverage at all. 

Consider the following ways to invest in real estate as options to replace bonds in your investment portfolio. 

1. Crowdfunded Private REITs

Publicly-traded REITs come with several downsides, beyond high correlation with stock markets. They’re volatile, with prices bouncing up and down similarly to stocks. But they’re also required by the SEC to distribute at least 90% of their profits each to shareholders, in the form of dividends. That gives them high dividend yields, but it also makes it hard for REITs to invest money in new properties to grow their share price.

Private, crowdfunded REITs such as Fundrise, Streitwise, and Diversyfund don’t have the same restriction. They can grow the value of their fund share prices by reinvesting profits into new properties. 

Even so, many do still offer high dividend yields that rival or even beat public REITs. Fundrise pays dividend yields in the 4-7% range, while Streitwise pays dividends in the 8-9% range.

Crowdfunded REITs represent one of the easiest and most passive ways to invest in real estate. No mailings or labor to find good deals on properties, no tenant screening or rent collection hassles, just buy shares and sit back. 

2. Crowdfunded Investment Property Loans

Hard money lenders issue short-term loans to investors who fix and flip properties, or refinance them after renovating them (the BRRRR method). But where do hard money lenders get their funds to lend? 

From you, in some cases. For example, GroundFloor lends short-term investment property loans for buying and renovating, and they raise the money from retail investors.

You get to pick and choose which loans you want to fund, and you can lend as little as $10 per loan. Which means anyone with $10 in their pocket can invest in real estate, at least indirectly through property-secured loans. 

If the borrower defaults, the lender forecloses, and you get your money back that way. Since hard money lenders fund at a relatively low LTV, that provides strong protection against default. Read: relatively low risk. 

Related Read: Thinking of Getting into Retail Investing? Here Are 7 Things to Consider

3. Rental Properties

You can also buy rental properties, of course. 

Direct real estate investing comes with plenty of advantages. You can leverage other people’s money by using an investment property loan to fund 75-80% of the cost. Investors get spectacular tax benefits, from rental property tax deductions to property depreciation. And rental income in retirement doesn’t expire or diminish — quite the opposite. Rental cash flow rises over time, as rents rise and provide a hedge against inflation.  

Is rental income good for retirement? Absolutely, but it does come with a few caveats. As noted above, buying and managing rental properties takes work. Even if you hire a property manager, you still have to manage the manager. 

Rental income is predictable as a long-term average, so you can forecast returns with a rental income calculator. But net rental cash flow each month varies wildly, as you experience vacancies, turnover, or repairs. That means retirees need to budget accordingly with an emergency fund, and not depend on a steady paycheck from every property, every month. 

4. House Hacking

Want free housing? Explore options for house hacking, or finding ways for other people to cover your housing expenses. 

The traditional model involved multifamily house hacking: typically buying a duplex or triplex, moving into one unit, and renting out the neighboring unit(s). The rents from your neighbors cover your mortgage payment and ideally your maintenance costs as well. 

But that’s not the only way to house hack. You can also bring in housemates, or rent rooms or units on Airbnb, or rent out storage space on Neighbor.com.

By eliminating–or at least greatly reducing–your housing payment, you don’t require nearly as much passive income from your investments to live on in retirement. 

5. Private Notes

A “note” is the legal document that you sign when you borrow money. For example, when you took out your last mortgage, the most important document you signed was the promissory note. 

You can lend money privately to other real estate investors, having them sign a private note. You set the terms of the loan, including the interest rate, any fees, loan term, and any other factors.

Beware, however, that lending money to other investors largely comes down to trust. Unless you file a lien against their property, you have little recourse if they default on you. Only lend money to experienced investors you know well and trust implicitly to pay you back. 

Get it right, and you can earn high returns completely passively. 

6. Land Notes

There’s a lot to love about land investing.

To begin with, land offers low risk and high returns. It also doesn’t necessarily require much cash to invest. Best of all, you don’t have to hassle with contractors or tenants, which means low stress and far fewer complications. No repairs or renovations, no chasing tenants for rent collection, no property damage by uncaring renters.

For all that, land investing requires you to approach it like a business. You can eventually automate that business to run in the background with only an hour or so required each week from you, but it takes time and labor to get to that point. Many retirees (and employees for that matter) don’t want to launch a side hustle. 

7. Real Estate Syndications

Syndications offer another way to invest in real estate for high potential returns. But unlike land investing or rental properties, syndications are largely passive investments. 

They work like this: an experienced real estate investor goes out and finds a (hopefully) great deal that costs more than they can afford to buy on their own. So they bring in outside investors to partner with them on the deal, on exchange for a deal-finder fee or bonus. 

The outside investors become partial owners of the property and share in its cash flow and profits upon sale. But we surrender most management decisions to the syndicator, the person who found and continues to oversee the deal. 

We get to invest fractionally in a large real estate project, such as an apartment building, that we would never be able to buy individually. And an experienced real estate investor does all the work for us.

Of course, no investment is perfect. To begin with, most syndication deals only allow accredited investors to participate. The SEC makes the regulation too onerous to allow retail investors to partner on these deals. Along similar lines, syndications typically require a high minimum investment, often in the $50,000-$100,000 range. 

And like any managed investment, you place your trust in the manager–in this case, the syndicator. You need to do your due diligence on both the property and the syndicator if you want peace of mind in your investments.

Source: credit.com

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Alexander Chudik and Anil Kumar

August 15, 2023

The housing and real estate sectors attract outsized attention during a period of quickly escalating interest rates such as the Fed’s ongoing tightening cycle that began in March 2022.

Housing and real estate, because of their rate sensitivity, are among the first influenced by interest rate changes because the sectors are a primary transmission channel for monetary policy throughout the economy. Moreover, home equity is a significant share of Americans’ wealth and an important source of collateral.

Further, declining house prices can lead to decreased consumption as individuals’ net worth falls and their ability to borrow becomes constrained. Related sectors, such as construction, also likely experience downturns, which in turn can broadly affect employment. Thus, the role of individual housing markets and their sensitivity to mortgage rate changes play an important part in understanding the impact of higher rates.

Mortgage rates influence house-price movement

Mortgage rate changes can help predict house-price movements, based on quarterly data covering 384 U.S. metropolitan areas from first quarter 1975 to second quarter 2023. For every 1-percentage-point (100-basis-point) increase in 30-year fixed-rate mortgage rates, a -1.6 percent adjustment in house prices on average is expected in the following year (Chart 1).

Downloadable chart | Chart data

This response seems remarkably persistent, becoming a 2.5 percent decline in two years and a 3.1 percent drop in three years. Over a 10-year period, the cumulative effect is considerable, amounting to about a 4.4 percent fall in house prices.

These estimates, based on historical data over the past five decades, are subject to a great deal of uncertainty. Besides the usual statistical sampling uncertainty, the estimates depend on the house-price model chosen as well as the nature of the shock causing the mortgage rate increase.

Evolving house-price sensitivities emerge in recent period

One notable concern is that historical relationships could have changed over such a long time. Splitting the estimation sample in two halves reveals that the expected response of house prices has likely increased in magnitude in the more recent period (Chart 2).

Downloadable chart | Chart data

House-price sensitivity to mortgage rates has likely risen because of multiple factors. First, the 2000s housing bubble, along with a sharp decline in mortgage rates, produced a period of elevated house-price sensitivity. Secondly, a long-term increase in the investor share of home purchases may have further contributed to the increased sensitivity of housing demand to changes in mortgage rates.

Lastly, previous research shows that housing supply elasticity has decreased over time due to tighter state and local land-use requirements. When the housing supply is limited, fluctuating demand because of mortgage rate changes leads to larger swings in house prices.

These findings align closely with those from prior research, which has revealed a considerable range in the estimated responses of house prices to changes in mortgage rates.

Some recent research suggests that the amount potential homeowners are willing to pay for a house decreases by 5 percent if mortgage rates rise from 4.5 percent to 6.5 percent. However, other studies indicate a range of effects, with some finding a 1-percentage-point increase in mortgage rates can lead to house-price reductions of between 1 percent and 9 percent, and others suggesting impacts as large as 20 percent.

Regional factors contribute to varying interest rate sensitivities

Importantly, regions within the U.S. differ widely in their sensitivities to interest rates. This differential sensitivity can arise from a multitude of factors. For example, states with a larger manufacturing sector may be more sensitive given manufacturing’s particular vulnerability to interest rate changes.

Additionally, the distribution of firm sizes and bank sizes can also influence sensitivity, as credit availability typically more intensely affects smaller firms and exerts a relatively larger impact on small banks.

The regional distribution of housing market sensitivity to mortgage rate changes, which often track general interest rate changes, is another crucial consideration. These regional disparities of interest rate sensitivity influence the aggregated effect of monetary policy. While discussions often focus on the overall impact of monetary policy, various regions’ reaction to monetary policy changes will shape the aggregated outcome. Thus, regional differences can have macroeconomic implications.

Data suggest significant variations in how regional house prices react to mortgage rate changes, demonstrating a notable heterogeneity (Chart 3).

Downloadable chart | Chart data

To be sure, the variability in mortgage rate sensitivity might also partially reflect disparities in regional economic conditions, such as job growth, GDP growth, inflation and unemployment, which simultaneously evolve with changing mortgage rates. Differences in regional housing supply elasticity also play a role in the disparities.

It’s worth noting that these estimates do not account for other factors affecting house prices when mortgage rates fluctuate. Mortgage rates, while a significant determinant of housing demand, are just one component of the overall cost of homeownership. Other factors such as down payment requirements, the discount rate, property taxes, maintenance and insurance costs, expected house-price appreciation and mobility also shape the user cost of housing and, hence, house-price growth.

Still other considerations, such as changing mortgage credit standards, might also be at play. After controlling for some of these, previous research has found that mortgage rates may have a relatively restrained effect on house prices.

Monetary policy transmission affected

Differences in how regional house prices respond to mortgage rate changes have implications for the impact of monetary policy across regions. When monetary policy tightens and mortgage rates increase, differing regional house-price declines will result in unequal changes in home equity.

The disparities in home equity changes directly affect the refinancing transmission channel of monetary policy. Regions more sensitive to mortgage rate changes will experience larger declines in house prices and home equity, reducing their borrowing capacity in the face of an economic slowdown.

On the other hand, less-sensitive regions will experience smaller impacts. This differential sensitivity thus contributes to an uneven distribution of economic slowdown, and regions with greater mortgage rate sensitivity are likely to suffer more adverse effects.


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About the authors

Alexander Chudik is an economic policy advisor and senior economist in the Research Department at the Federal Reserve Bank of Dallas.

Anil Kumar is an economic policy advisor and senior economist in the Research Department at the Federal Reserve Bank of Dallas.

The views expressed are those of the author and should not be attributed to the Federal Reserve Bank of Dallas or the Federal Reserve System.

Source: dallasfed.org

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Inside: Dreaming of ways to make money fast as a woman? Stop dreaming and take action. These are genius ways of making money online and at home.

Making money fast is crucial for maintaining a comfortable lifestyle, especially in the face of rising living costs. It can be the key to financial stability, providing additional funds to support and enjoy your lifestyle.

As a woman, you need to know how to make money fast.

This isn’t just about getting rich quickly. It’s about women gaining the freedom to live independently without financial constraints.

The feeling of financial security lessens stress; not having to worry over unexpected expenses plays a big role in your overall well-being.

This is what you want to do – make money fast!

Good news! You are in the right spot and I’ll show you my favorite ways to make money online.

Get into the right mindset, ladies! Making money fast isn’t just possible, but also liberating.

How can I make easy money ASAP?

Making easy money quickly can be achieved in various ways that utilize your skills and knowledge.

First and foremost, consider your own skills and expertise, and determine whether they could apply to jobs like cake baking, childcare, bookkeeping, house cleaning, or freelance writing.

This will tell you the easiest way for you to make money quickly. For me, I prefer to trade options in the stock market. Whereas someone else may choose babysitting or dog walking.

You need to find how to make money fast and we will help you with that decision.

Why Making Money Fast is Important

1. Makes it possible to live comfortably
2. Enables you to afford the best quality of life
3. Gives you the freedom to pursue your dreams
4. Gives you the freedom to live without financial constraints
5. Provides you with security and safety
6. Freedom to give back to your community
7. Freedom to choose how you spend your time
8. Opportunity to take risks and start a business
9. Provides you with a sense of power and control
10. Live without financial worry

This post may contain affiliate links, which helps us to continue providing relevant content and we receive a small commission at no cost to you. As an Amazon Associate, I earn from qualifying purchases. Please read the full disclosure here.

Are you passionate about words and reading? 

If so, proofreading could be a perfect fit for you, just like it’s been for countless of readers! Learn how you can create a freelance business as a proofreader.

Check out this free workshop!

Bookkeeping is the most stable, reliable & simple business to own. This is how to make a realistic income -either part-time or full-time.

Find out TODAY if this is THE business you’ve been looking for.

How can I make a lot of money in hours?

Making income in a matter of hours for a woman is entirely feasible with a blend of freelancing, leveraging gig economy platforms, and capitalizing on your skills or assets. Here’s a quick guide for you:

  1. Consider freelancing: Establish your writing, graphic design, or programming services on platforms like Fiverr or Upwork.
  2. Dive into the gig economy: Sign up for TaskRabbit, Airbnb, or Turo to start earning.
  3. Try online tutoring or content selling: Proficient in any subject or have strong graphic design skills? Go for tutoring or sell your content.
  4. Indulge in buying & selling: If you’re good at purchasing low and selling high, then swap clothes or furniture, or even stocks.
  5. Take online surveys or join market research groups on sites like Swagbucks for a rapid source of income.

Remember, time management is crucial for balancing multiple streams at once. Don’t forget to schedule wisely!

How to Make Money Fast as a Woman

No matter who you are, making money can be tough. But if you’re a woman, it can feel impossible.

From getting paid less than men for the same job to having a harder time getting promoted, the deck is often stacked against us.

Just so you know that making quick money in one day won’t happen overnight.

So, I’m going to tell you the best ways to make money fast as a woman.

1. Sell Services

Selling your skills or expertise is a fast, viable way to earn money. It’s all about utilizing what you already know to provide value to others.

Identify your marketable skills, such as cake baking, freelance writing, bookkeeping or even organizing spaces.

Brainstorm which of these services people could pay for.

Remember, you can tap into both physical tasks, like house cleaning or pet-sitting, and digital ones, like creating digital printables or offering consulting in your field of expertise.

Expert Tip: Launch your service with a few testimonials, helping to build trust with potential customers from the get-go.

2. Freelance

Freelancing is a savvy way for women to stack up earnings fast, offering flexibility and complete control over the workload. It’s a ticket to dodge conventional office politics and punch above your earning potential.

Start by identifying your freelance niche. You can be a writer, graphic designer, or anything you’re skilled at. Many people use their transferable 9-5 skills to side hustle.

Then, create your profile on platforms like Fiverr, Upwork or Guru – be sure to showcase your accolades.

Set your rates, then start connecting with clients looking for your talent.

Remember, success in freelancing is driven by quality and consistency. So, sharpen your skills and always exceed your client’s expectations.

Freelancing may start as a side gig, but with dedication, it can grow into a full-time job.

3. Become a Product Reviewer

Being a product reviewer is an intriguing job opportunity for those who enjoy sharing candid feedback about their experiences with various products.

As a product reviewer, you are required to assess products often sent to you from diverse companies.

Your role involves providing a comprehensive review that could range from making an unboxing video to writing a detailed article about the product’s features and performance.

This kind of job requires an unbiased perspective and the capacity to articulate your thoughts and experience in a detailed, user-friendly manner.

Companies value this form of direct feedback as it provides them with significant data about their product’s strengths and weaknesses as perceived by an end-user.

4. Virtual Assistants

As a woman, becoming a virtual assistant could be your fast lane to earning a substantial income.

This is especially a great option if you’re excellent in organization and time management along with the need for flexibility.

For many becoming a virtual assistant with no experience is possible. And very lucrative.

Finally, for your best shot at success in this field, taking a course to improve your learning curve is extremely helpful.

Potential to earn up to $43,000 per year.

5. Sell Your Crafts

Ladies, have you thought of turning your love for crafts into a profitable venture?

Find out what crafts are in demand. The higher the demand, the more profitable it would be to make and sell these crafts.

Remember, profitability hinges on what you sell and how much you sell. Happy crafting!

While you are limited on what you can earn by what you can make, it is possible to make money doing something you absolutely enjoy.

6. Stock Trading

Stock trading may seem daunting but it can be a quick route to financial independence, especially for women.

With the right tools, information, and mindset, you can swiftly navigate the market and amplify your earnings. In fact, this is something Teri Ijeoma did herself.

Educate yourself on the basics before you invest. This is exactly what I did and my investment has paid off.

Always be aware of the risks involved in stock trading and proceed cautiously. However, building up an investing education is a wise decision.

Learn how fast can you make money in stocks.

7. Babysit

Babysitting is a versatile side hustle offering flexible hours and good earning potential.

It’s an ideal opportunity if you’re seeking quick, extra income and enjoy children.

Obtain optional certifications like CPR and first aid to enhance your appeal. Visit platforms like Care.com, Sittercity, or Urbansitter to create your profile and connect with clients.

8. Transcriber

One field that remains highly overlooked is transcription.

A transcriptionist listens to audio files and converts them into written documents.

Gain a thorough understanding of the industry. Check out this free webinar to get the basics right.

Consider specializing in legal or medical transcription. These niches often fetch higher wages.

You could easily make $3000-$4000 monthly, working on your own schedule.

Remember, practice and precision can help you achieve a lucrative transcription rate.

9. House Cleaning

Cleaning can be a rewarding gig, especially if you like tidying spaces.

Despite recognizing the need for a clean home, many people often struggle to find the time or energy to routinely clean their homes. This is where the prospect of a housecleaning business arises.

Busy homeowners, parents juggling work and childcare, elderly individuals needing assistance, and even businesses needing regular cleaning services are all potential clients for a housecleaning business. This demand provides a consistent income flow for those offering cleaning services.

In fact, individuals transitioning into this field of work can negotiate their wages with clients, potentially earning more than $15 an hour based on the complexity and demands of the job.

10. Sell Printables on Etsy

Selling printables is an effective and lucrative method to generate passive income.

Once printables such as planners, calendars, and journals are designed, created, and listed for sale on platforms like Shopify or Etsy, they can consistently produce income without requiring continual input or maintenance.

According to several experts, one of the keys to making substantial profits from printables is to differentiate your products.

Building upon this idea of making money from printables, the free Printables Workshop by Gold City Ventures offers comprehensive insights into the process of creating and selling aesthetically pleasing printable products online. This accessible course can be an excellent starting point for beginners looking to navigate the printables market.

Selling printables on Etsy might be the perfect venture for you!

11. Dog Walking

Looking for a fun-filled way to make some quick bucks?

Dog walking could be the right side hustle for you, especially if you’re an animal lover.

  • Easy to find jobs for dog walking.
  • Suitable for people with flexible schedules.
  • Offers an active way to earn money.
  • Option to select your rates with platforms like Rover.
  • High demand especially due to increasing pet adoptions and busy pet owners.

You can work when you need to and not take clients when you don’t want too.

12. Make Money Blogging

Blogging is a popular and prevalent way to earn money. Many blog owners are women who want the flexibility to earn significant money at their own pace and schedule.

Earning money through blogging allows you to focus on something you’re passionate about. Any topic that can provide value to an audience can be blogged about. Targeting a niche that has been overlooked by existing blogs can increase your blog’s potential earnings.

Starting a blog doesn’t require formal training, but it does require a willingness and ability to write effectively for an audience.

By employing monetizing avenues, like affiliate marketing and advertising, a blogger can boost their earning significantly.

Despite the vast number of existing blogs, the industry is very accommodating toward new voices, especially female voices. Thus, knowing how to monetize a blog can offer women many opportunities.

Remember, blogging is not just about earning fast bucks, it also needs consistent efforts. It’s rewarding but can start slow.

13. Ride-Sharing

Ridesharing is an excellent opportunity for women looking to make fast money. With apps like Uber and Lyft, you can earn an income simply by offering transportation services.

Here are a few tips to increase your earnings:

  • Consider driving during peak hours, weekends, or during special events to cash in on higher demand.
  • Choose busy locations such as city centers and nightlife spots to increase your chances of getting rides.
  • Maintain good customer service and ensure safe driving to uphold your rating and receive more ride requests.

14. Office Cleaning

Considering the hustle and bustle of the daily grind, office cleaning can be an untapped treasure trove for women seeking quick cash. Given the high demand and flexible hours, it’s an ideal source of extra income.

You must identify office premises needing cleaning services. Reach out to the owners or management, and propose your services.

Think about offering your services to offices in your local area. It’s a fast way to make extra money while managing your other commitments.

15. eBay Arbitrage

Looking to earn some quick money? eBay Arbitrage could be the game-changer you need.

Aimed mostly at women who love shopping, it’s about buying products cheaply and selling them on eBay for a profit.

  • First, hunt for bargains in thrift stores, sales, or online markets.
  • Go with high-demand items; electronics, collectibles, or brand sneakers are a good start.
  • Then, create your eBay store and list your finds at a competitive but profitable price.
  • Track each item’s demand through keyword research and buyers’ reviews.
  • Remember to calculate potential profits inclusive of shipping costs and eBay fees.

Armed with the right strategies, you can start earning with eBay in no time!

16. Freelance Writing

Did you know your writing passion can become a quick buck-making engine? That’s right, freelance writing is a gold mine you ought to tap.

First, identify a writing niche you love. It’s easier to excel when you’re passionate about your work.

Continually hone your writing skills. The more you practice, the better you become and the more valuable your skills. Finally, don’t be shy to market your skills. Reach out to small businesses and startups—they often need freelance writers.

Remember, quality over quantity will earn you a solid reputation in the long run. Now, go turn those wordy wonders into wealth!

17. Online Surveys

Curious about making a quick buck? Engaging in online surveys can be a fast money-making method just for you!

You don’t earn a huge amount per survey but when taking multiple surveys, it will add up fast.

Here are the top legit survey platforms:

Use your free time wisely. Take surveys during work breaks or leisure hours.

Redeem points for PayPal cash or gift cards.

18. YouTube Channel Building

Building a YouTube channel can be an interesting and rewarding venture.

It provides an incredible platform to share your content, express your creativity, and engage with a global audience. Whether you want to showcase your talents, teach something unique or simply entertain, having a YouTube channel opens up many opportunities.

Effective engagement with your audience is vital.

Last but not least, patience is something you will need in abundance. Building a successful YouTube channel takes time, so don’t lose hope if you’re not seeing immediate results.

Remember, there’s no limit to what you can achieve with your YouTube channel. It all comes down to how creatively you can use this platform to engage with your audience and grow your presence.

19. Bookkeeper

In our increasingly digital age, online bookkeepers are in high demand, with more businesses choosing to move their financial operations to the online platform. This shift in business operations has created a robust opportunity for those trained in bookkeeping to tap into the market and earn income while working from the comfort of their homes.

To be successful as web-based bookkeeper, you need to be well-organized and have previous experience dealing with numbers. However, even without a formal accounting education, individuals can take advantage of online learning platforms like Bookkeepers.com to learn and sharpen their bookkeeping skills for free.

Becoming a virtual bookkeeper is not just a fantastic full-time job opportunity; it’s also an excellent side hustle for women and mothers proficient with numbers. It provides flexible hours and allows the freedom to work from anywhere, making it ideal for those juggling multiple responsibilities.

The financial compensation for an online virtual bookkeeper is quite significant. On average, bookkeepers can earn at least $50000 a year helping business owners manage their finance and bookkeeping online.

20. Start a Dropshipping Store

Dropshipping is a viable option with low startup costs that lets you run an online store without handling any physical products.

There is still plenty of time to get into the dropshipping business.

Start by deciding what products to sell. Find a niche you’re passionate about for a higher chance of success.

Remember, a successful dropshipping venture involves effective marketing as well. So invest time and effort into perfecting your advertising tactics.

21. Do Clerical Work

Clerical work offers flexible, remote opportunities for women to make quick money.

With adequate admin experience and internet access, you can explore roles like Virtual Assistant, Online Data Entry Professional, or Court Transcriptionist.

This is one of the best non phone work from home jobs.

Experts tip: Perfection and punctuality are key. Attention to detail and meeting deadlines can make you stand out.

22. Resell Clothes

Reselling clothes online is a savvy way to turn your clutter into cash, especially if you love digging for hidden gems.

It’s a popular method for fast cash flow, with Poshmark and Facebook Marketplace being perfect platforms. One of my friends is very successful with this!

  • Begin with your own closet, and sell kids clothes they have outgrown too.
  • Reinvest your earnings, by buying second-hand clothing to resell can boost your profits.
  • Don’t forget quality. Run a quick check for authenticity and brand labels.
  • Visuals sell. Stage items and capture high-res photographs.
  • Providing a great customer experience is key, ensuring prompt shipping and maintaining politeness.

Play your cards right, you could earn anywhere between $100 to $1,000 a month or even reach a six-figure yearly income.

23. Do Home-Based Child Care

Home-based child care is a viable option to earn money, leveraging the natural maternal instincts and caregiving skills of many women. It can be a lucrative side hustle and a means to financial independence.

This is especially a great avenue to pursue when you are already at home raising your own children.

Make sure to follow any state regulations about running a daycare out of your home.

Begin by determining the number of children you can handle at a time, taking care not to overbook.

24. Podcasting

Podcasting is a wonderful opportunity for delivering narratives. It enables you to weave compelling stories while inspiring, instructing, or simply entertaining your listeners.

The unique format of podcasting lets you connect with your audience on a personal level. They listen to your voice, engage with your thoughts, and feel a stronger connection to you.

By starting a podcast, you are joining an increasingly popular trend, with the global number of podcast listeners has grown to 464.7 million listeners in 2022 (source).

Podcasting also opens up doors for networking and collaboration. You can invite experts, artists, or like-minded individuals as guests on your show, thus expanding your network.

There’s a potential to earn from podcasting. With affiliate marketing, sponsorships, and advertising, the commercial possibilities of podcasting are extensive.

25. Merch by Amazon

“Merch by Amazon” is a print-on-demand service that allows you to design and sell your merchandise.

It’s a great money-making alternative as it offers massive exposure and doesn’t require any upfront costs.

One of the significant advantages of using Merch by Amazon for passive income is that you are not required to maintain inventory or deal with shipping. Amazon handles these aspects, allowing you to focus on the creation process and customer satisfaction.

Amazon’s royalty system ensures that you get paid instantly whenever your merchandise is purchased. This allows you to earn money passively with every sale.

When your designs meet the current market trends and the preferences of your customers, they are more likely to be popular, leading to an increase in sales, hence, higher passive income.

26. Become an Influencer

Becoming an influencer is a smart, quick way for women to make money. While most people just stumble upon becoming an influencer, you can decide to pursue this avenue.

With earning potential that is unlimited, this opportunity is flourishing, requiring no specific degree or job experience.

Remember, platforms like TikTok, Instagram and YouTube reward new, engaging creators.

Dedication and consistency could lead you to major earnings where you make thousands for each post.

27. Work as a Translator

Having mastery in more than one language opens up a world of opportunities, particularly in the realm of translation services. The ability to translate language effectively and accurately is a skill that’s in high demand in the current globalized world.

A top benefit of being a freelance online translator is the flexible work environment. You have the freedom to choose when, where, and how much you want to work. This flexibility for work-life balance is more appealing now than ever, especially in the unsteady job market.

Freelance translators also have access to a wider client base. Unlike full-time translators who work for specific organizations or agencies, freelance translators can work with various clients from all over the world, widening their potential income streams.

The need for translators is projected to grow substantially. In the United States alone, the U.S. Bureau of Labor Statistics reports that employment for interpreters and translators will increase by 20% from 2021 through 2031, which is much faster than the average for all occupations.

Among other freelance professions, translation can often provide a more stable income.

As most sectors including education, legal, business, medical, and technological firms continue to globalize, they regularly need translators to bridge the language gap, making freelance translation services a steady income source.

31. Become a Flipper

Becoming a flipper is a high-return, low-investment way to make money fast. It involves buying low and selling high, perfect for those wanting a profitable side hustle.

Here are actionable steps to kickstart your flipping journey:

  • Identify items to flip: Popular options include toys, clothes, electronics, books, and furniture. Pro-tip: Sell things you have around your house to start risk free.
  • Choose a selling platform: Sell locally via Facebook groups or Craigslist, use reselling apps like Decluttr, or open an online store on eBay.
  • Price it right: Pricing items competitively garners buyer interest and maximizes profit.
  • Learn more: Free webinars, like Flipper University and the Flea Market Flipper, offer insights for a successful flipping business.

Remember, flipping can be more than just a side hustle; it’s a potential full-time career.

32. Micro-Tasking

Micro-tasking offers a quick way for you to earn money by completing short and simple tasks.

As its popularity grows, so does the list of platforms where you can find micro-jobs. Here are the popular platforms.

This allows your the flexibility to work whenever you want. Plus no special skills or degrees are needed.

Just note… This is not a stable income source

Tips for Finding the Best Way for You to Make Money

As you can see, there are many different ways to make money fast as a woman.

You can find the best way for you by considering your skills, interests, and the amount of time you have available.

Here are some helpful tips to make sure you are earning money quickly.

1. Identify Your Skills and Offerings

You’re already gifted, let’s transform those skills into fast cash.

Make a list of your skills, passions, and expertise; you can tap into anything from programming to knitting.

That is where you want to start.

From personal experience, I can tell you it is way easier to work on a side hustle or business when you are passionate about the topic.

Remember, the digital world is your playground, so play, innovate and cash-in.

2. Research the Best Ways to Make Money

Now, that you know the skills and experience, look at the list above and determine which ones match up.

You will need to spend time watching a free webinar to learn more.

Compare different money-making ideas. From part-time jobs to freelancing, there’s a plethora of options. You need to pick what works best for you.

Remember, generating a consistent income requires effective strategies and the right mindset. So choose wisely!

3. Try Different Ways to Make Money – Not Just 9-5 Jobs

It’s vital to explore different money-making strategies as a woman for financial stability and independence.

Just because one avenue didn’t work out doesn’t mean you should throw in the towel.

Remember, the key to success is perseverance, so pick something you’re passionate about and stick to it. Try not to jump from one idea to another out of impatience; success takes time.

Also, as your revenue increases, start building a lifestyle business for passive income.

4. Focus on the Things You Are Good at

Unlock your financial potential by recognizing and utilizing things you’re excellent at.

To cash in fast:

  • Identify your standout skills. These could range from writing, fine arts, math, e-commerce to digital marketing or even passions such as sports and hobbies.
  • Assess the viability of earning via your skills. Research shows that the digital economy is filled with opportunities.
  • Exploit platforms that cater to your expertise. For freelance gigs, you can try platforms like Upwork, Fiverr, or Guru.

There are so many ways to make money online as a beginner. So, indulge in the digital playground, embrace exploration and innovation, and let your skills earn for you.

5. Find Opportunities That Allow You to Work Flexibly

You can choose when to work and when not to, rather than being constrained by a 9 to 5 workday. The flexibility to create your schedule means you can operate at your most productive times, whether that’s early in the morning or late at night.

Working from home or any location across the globe enables a better work-life balance, reducing stress and improving productivity. This is particularly beneficial for those who have families or are committed to other obligations.

When working for yourself, you may have the potential to earn more than traditional salaried roles.

Lastly, making a living from your passion is huge!

You are being paid to do what you love anywhere, anytime which is rare and precious.

6. Consider Specializing in a Niche Subject

Specializing in a niche subject can elevate your earning potential quickly, owing to smaller competition and a personalized audience.

Being a subject matter expert in a specific area can provide you with an edge over your competitors.

Specializing in a niche can help you stand out and garner a dedicated audience, ultimately leading to faster earnings.

Remember, the key to making money faster in your specialized area is persistence and patience. It may take time to build a strong following, but once you do, the financial rewards can be substantial.

Stick to your chosen area, continuously learn and improve, and consistently deliver high-quality content to make your mark in your chosen niche.

7. Take Advantage of Trending Opportunities

Jumping on trending opportunities can be a gold mine, especially for women who want to make money fast from home. These ever-evolving trends tap into various skill sets, interests, and experiences, potentially translating into a lucrative gig.

For many, it may have been TikTok when the company first started.

Remember, the digital world holds limitless potential. Just needing to innovate and execute your ideas!

8. Invest in the Right Tools and Equipment

The key to making money, either online or offline, is making an informed investment of your time into the right tools, equipment, and learning resources.

While this can initially seem like an expenditure rather than a money-making step, it is, in fact, a cornerstone of your financial growth strategy.

Investing time in learning and increasing your knowledge base is vital. This could mean spending your time reading about new insights in your area of work, attending webinars, or enrolling in online courses. The ROI of this proactive learning is immense.

Consider this an opportunity or a catalyst that speeds up your journey toward substantial income generation and financial freedom.

9. Commit to Consistent Efforts

Commitment to consistent efforts is the cornerstone of any successful endeavor, more so when running your own side hustle.

One of the fundamental principles for making money is the dedication to keep improving your craft, always learning, and always evolving.

This continual effort involves a long-term commitment to staying updated with the latest writing trends, styles, and industry standards.

With persistence and patience, the fruition of your investments will lead you toward the fulfillment of your financial dreams.

10. Utilize Social Media Platforms to Promote Your Business

Social media platforms are powerful tools for business promotion, and when used strategically, they can lead to fast monetary gains.

Understanding how to effectively utilize these platforms can drastically enhance your chances of making quick bucks.

  • Start by creating a robust online presence for your business on various social media platforms. Remember, consistency is key to building your brand.
  • Engage with your audience frequently and respond to their comments. This boosts engagement on your posts.
  • Post content that is engaging, relevant, and aligns with your business values.

Always monitor your performance using social media analytics to understand what works best for your audience.

Which side hustles for women have you tried?

Personally, here are the side hustles I have done or currently do:

  1. Stock Trading as a swing trader
  2. Online Content Creation
  3. Social Media Influencer
  4. Online Consulting
  5. Pet Sitting or House Sitting
  6. Teaching Dance Lessons
  7. Personal Organizer

However, I know many people that have tried the ones listed above.

So ladies, which of these enticing hustles appeals to your skills and schedule the most?

FAQ

Stay-at-home moms have numerous opportunities to earn money from the comfort of their homes. Plus being able to bump up your household income while juggling parenthood is the perfect combination.

Find the best jobs for moms specifically!

Any of these opportunities requires dedication and consistent effort, but with time they can all yield substantial returns.

Thankfully, there are many ways for women to make money online.

Above we covered all of the interesting ways and many are online.

Remember, opt for an avenue that suits your skills, interests, and time availability.

Well. the answer to this will depend on who you speak with.

Personally, I find ways to build passive income with your side hustle as the best option. Then you aren’t trading your time for money.

As a woman, many opportunities are right at your fingertips. The most popular and profitable include:

  • Start a blog: With consistent readership, you can make thousands from ad revenue and sponsored content.
  • Virtual assistant: Services can fetch around $10-30/hour.
  • Social Media Management: Businesses are willing to pay up to $1000-2000 per month for proficient managers.
  • Bookkeeping: On average, freelance bookkeepers earn around $34/hour.
  • Selling products online: Sites like Etsy, Amazon FBA, or your own platform can earn you a substantial income with a successful shop.
  • Trading Stocks or Options: by improving your investing knowledge, you can quickly increase your net worth.

Remember – it all starts with a step. Your side hustle could turn into a full-time passion!

This is How to Make Money from Home as a Woman

In conclusion, as a woman, there are plenty of genius and fast ways for you to make money.

The article underlines the significance of grabbing the reins of your financial future.

Through the strategies shared – including investing in stocks, working from home, or using budgeting hacks, you can boost your income significantly.

One of the concepts, I’m big on is making sure you know how to make your money work for you.

With wise decisions and being open to possibilities, your financial independence is within reach.

Remember – the ball is in your court, so make sure to take that shot and score your financial goals. It’s high time to cash in on your potential!

Know someone else that needs this, too? Then, please share!!

Source: moneybliss.org