David Ebrahimzadeh

How to Invest in Real Estate During the COVID-19 Pandemic

The COVID-19 pandemic has shaken our society to the core. It has affected nearly everyone’s life in some way. From retail stores to hotels, and everything in between, businesses across the country and the world are feeling the economic toll. Around the world, it seems as if no one has been left untouched by this crisis.

Due to the economic impact of the pandemic, many millions of Americans are having a hard time paying their rent, which in turn, leaves landlords in a difficult situation when it comes time to pay the mortgage. The same is true with hotels and retail stores. While most potential investors will see this is a nightmare scenario, there is no need to panic, as there are several ways you can keep yourself afloat during this time.

In this article, we will take a look at some of the ways the pandemic has affected the market and what David Ebrahimzadeh recommends you to do to protect yourself, or even profit from it.

Commercial Real Estate

Many real estate investors focus solely on commercial properties, which have been hit hard by the economic impact of the pandemic. Since mortgages that are typical for residential real estate do not apply to commercial properties, this further complicates the issue.

However, there are several programs in place to help tenants pay their rent. One such program is called the Payroll Protection Program, or PPP. If you find that your salary has shrunken because your tenants cannot pay rent, be sure to enlist the help of the PPP, so you can continue to receive income from the property.

Financing

As far as financing goes, we have been seeing lenders become pickier as to who they are dealing with. Their criteria have tightened greatly, and that should be no surprise. Both qualified and non-qualified lending has taken a big hit. This could be an issue for real estate investors wishing to do things such as renovations.

On the other hand, you would be glad to know that rates are relatively low. This would be a great time to refinance your property and take advantage of these lower rates. If you plan to acquire a new property, a great idea would be to borrow from the equity of the properties you already own and then obtain new properties at these low rates.

Single Family Residential Properties

Due to the high levels of unemployment seen as of late, owners of residential properties are right to be concerned. Even with the CARES act, which puts a 120-day freeze on evictions for renters living in properties which receive federal funds, The owners of these properties are still worried, and rightfully so.

Since many tenants cannot pay their rent, the government has stepped in and now guarantees specific loans, with the possibility of a 360-day forbearance, so long as the tenants’ income has been affected by the pandemic. If you own a residential property, you should find out if your mortgage is backed by government agencies such as FannieMae or FreddieMac. If your mortgages are not backed by these entities, there are still other options available to you, which your loan servicer will be able to assist you with.

Multi-Family Housing Properties

Apartment complexes and other multi-family housing properties are also an issue of concern during the economic fallout of the pandemic. Tenants who have faced pay cuts or have even lost their jobs will sooner or later become a financial drain on the owner of the property. Since buildings with more than four units cannot be financed through a mortgage, FreddieMac or FannieMae will be of no help here.

If you own such a property, be sure to stay in close contact with your tenants and make them aware of the relief programs the government is providing. It is up to them to take advantage of these relief programs, which will in turn, potentially save you from financial ruin, as far as that specific property is concerned. Communication is needed at all times. Make sure that you compassionately approach your tenants and do your best to create a working relationship with them, which will benefit everyone.

This pandemic and the economic disaster that has accompanied it is far from ideal. However, do not be discouraged. David Ebrahimzadeh recommends that you do your best to research all of the government assistance programs available to either you or your tenants. Such programs can make the difference between you holding onto your property, or letting it go


Inventory Optimization

How to Optimize Inventory During the Digital Age

More and more companies are relying on digital platforms to help make their business more successful. Companies no longer write down and record everything by paper, and instead almost all of our record and data is stored on computers. Computers have allowed us to store data, easily find what we are looking for, make quick calculations, and perform a vast number of business decisions. The digital age has caused many changes to how business is done, however, it comes with many benefits.

Digital platforms have helped companies keep better records of their inventory. Having an accurate inventory is essential for all businesses who want to increase their productivity and profitability. If your company is looking to improve its inventory optimization you should highly consider these tips. Here are some of the best ways to improve your inventory records and ordering.

#1) Use Artificial Intelligence Technology

To incorporate the best inventory management strategies to your business you should highly consider using a digital platform that focuses on artificial intelligence technology. Artificial intelligence technology has the ability to maintain a ninety nine percent accuracy of inventory records at a much faster capability than other methods. This solution to old and outdated methods has significantly increased the ability to maximize accuracy and profitability for companies that are already implementing these new methods.

#2) Predict Customer and Facility Needs

One of the best ways to increase your profit margins and to reduce overstocking of inventory you should highly consider using technology to help predict the needs of your customers and your facility. Many times, companies have too many items in their inventory. This reduces the amount of money they have to spend on other things. When too many supplies sit on inventory shelves companies lose out on time and money. To help improve inventory optimization companies need to use digital platforms and other technology to help predict the needs of the customers and facilities.

#3) Move Away From Traditional Spreadsheets

Recent statistics have shown that nearly seventy five percent of companies are using traditional spreadsheets to track and record their inventory. This method of data keeping is unrealistic in the digital age. Using traditional spreadsheets requires constant monitoring and often results in human error. When workers are responsible for updating inventory spreadsheets there is often a large amount of error that takes place. If you are looking to truly optimize your inventory you need to use smarter methods of data tracking. Using artificial intelligence technology can help your business find more success and make fewer errors.

#4) Use E-commerce Promotions

One of the best ways to help optimize your inventory is to understand what you have in stock. If you realize that you have too much of one item you may need to find ways to reduce it so that you can stock up on the more essential and popular items. To help you move the less popular items faster you can use e-commerce promotions. If you are able to sell things online for a reduced price you can help your business stay profitable. Sales and promotions is a great way to move items and to help your business optimize their inventory. It gives companies the ability to start fresh if they are unsure of what they have or how to move the items that they do have sitting on shelves and taking up space.

#5) Focus on Service-Drive Optimization

One of the best ways to optimize your inventory is to take a service-driven approach. Using a service-driven approach during the digital ages allows you to understand how customers show and how they decide what to buy and what not to buy. They use SKU-location technology to optimize inventory during every aspect of the business. This helps reduce your stock investment and keep your business profitable and successful.

Inventory optimization is a crucial part of business that can significantly help increase the productivity and profitability of any business. If your business is going to be successful during the digital age it is crucial that your business starts using digital platforms and artificial intelligence technology to help monitor and track their inventory. Keeping accurate records and predicting the trends of customers is one of the best ways to help increase your profitability. If your business is able to foresee the future and understand how inventory affects your return on investment you can truly help make your business more successful. During uncertain and predictable times it is important for all companies to use their inventory to their advantage