Resources

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Tips, Tidbits, and Practical Advice for New 
Real Estate Investors 
 
Are you thinking about becoming a landlord? Perhaps you’ve always wanted a vacation home 
and think you can turn a profit by leasing? Maybe. Here are some things you should know first.  
 
Beginner Knowledge Center 
 
Tips for Turning Your Home Into a Rental 
Turnkey Property Investing: Pros and Cons for Long-Distance Real Estate Investing 
Understanding Conventional Vs. Conforming Mortgage Loans 
Landlord-Tenant Laws (Map) 
 
Rental Business Know-Hows 
 
Understanding the Basics of Business Structure Options 
Guide to Getting Your LLC Set Up  
State-by-State Short-Term Rental Regulations 
How To Estimate Your Rental Property Expenses 
 
 
 
Financial Fixes 
 
Tips for Buying a Second Home 
Rental Property Calculator 
Will Your Vacation Home Rental Income Cover Your Costs of Ownership? 
How Much Does a Bad Tenant Cost? 
 
 
Help and Advice from the Experts 
 
Vacation Rental Management: Do it Yourself or Hire a Professional? 
Make Your Airbnb Rental Stand Out with These Photo Tips from the Pros 
10 Issues to Address Before a New Tenant Moves In 
 
When is the time right? That is a question that only you can answer. However, these tips can 
answer many others and point you in the right direction before you make a decision.  
 
For expert finance and sales tips, head over to the blog at The Foreigner in America. 

Value

Tell potential customers why they should invest in this product. Describe its benefits, its advantages over similar products, and its unique features. Make sure potential customers feel confident about investing their money in this product. Will it last a lifetime? Is it healthier than other products? Maybe it is unique and handmade? Whatever the value is, don’t be shy about bragging!

Need Help for Your New Business?
Why You Should be Hiring
Freelancers and Veterans 

(Photo via Pexels

 

If your new business is starting to take off, you’ll need to hire help sooner rather than later. 

Keeping up with customer/client demand is essential for getting positive reviews and for 

continuing to grow your organization. However, as a new business owner, you might not have 

the resources to interview and hire a full in-house team. The solution to this common obstacle? 

Build a team of freelancers and veterans. The Foreigner in America offers some insight into why 

this hiring strategy works so well for new business owners. 

 

Veterans have essential knowledge and skills 

 

Upon exiting the military, it can be challenging for veterans to find work in their field of expertise. 

 

However, not only should more businesses emphasize hiring veterans in general, but this 

partnership often works exceedingly well for new business owners. 

 

Why? Veterans can bring a wealth of knowledge and experience to your business beyond their 

specific line of work. Their training has led them to be exceptional leaders with a strong work 

ethic and excellent problem-solving skills. When running a new business, having people on your 

team with these attributes is vital. Not only will you be hiring a veteran who is qualified for a 

specific role, but you’ll also be gaining an employee who can lead in several important ways. 

 

Tap into programs that connect you with veterans 

 

If you’re unsure how to find job-seeking veterans, there are programs that can connect you. For 

example, the U.S. Department of Labor has a Veterans’ Employment & Training Service website 

that allows employers to search for and find qualified veterans for their business. This program 

also provides employers with information on policy and compliance rules — including 

employment rights — as well as an employer guide to hiring veterans. 

 

There are also benefits to hiring freelancers 

 

In addition to hiring veterans, recruiting freelancers for your team is a wise choice for new 

businesses. There is a wide availability of freelancers across areas of expertise, skill levels, and 

hourly rates. One quick search can yield qualified professionals specializing in design, virtual 

assistant work, IT, and more. You can often compare profiles, review portfolios, and see 

hourly/package rates before ever reaching out to an individual. 

 

Another crucial advantage of hiring freelancers instead of full or part-time employees is being 

able to hire on a per-project basis. With your business still being so new, you likely need some 

help in multiple areas — but not enough to regularly fill a day’s worth of work. This enhanced 

flexibility is essential for having all your needs met and for making the most out of your budget. 

 

You can even hire overseas freelancers 

 

Don’t overlook hiring overseas freelancers. It has never been easier to work with people around 

the globe. Thanks to technology and the ease of using various freelancing platforms and other 

tools, you can connect with independent contractors in the Philippines, Israel, Brazil, Argentina 

— truly, you can find freelancers everywhere. Job boards like Guru, Flexjobs and Fiverr are 

valuable platforms that provide you with an overall satisfaction rating for each freelancer, so you 

are better able to vet foreign candidates. 

 

Compensating overseas workers doesn’t have to be a headache either. When you choose to 

send money through a remittance service, you can affordably and efficiently send payments to 

your overseas freelancers. For example, if you’re working with a freelancer in the Philippines, 

you can safely send money in as soon as a few hours or a few days. Plus, sites like Remitly 

offer excellent exchange rates with low to no fees for a transfer


When hiring for the first time, be as wise about your choices as possible. By hiring a 

combination of veterans and freelancers, you’ll help your business continue to grow and 

flourish. 

The Foreigner in America provides advice on budgeting, increasing your income, and more. 

Learn more about how these areas of focus can improve your life today.


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