Nashville, Jacksonville and Atlanta are among the best cities in which to start a business, according to the Winter edition of Inc. Magazine which published a list of the 50 best “surge cities.” Surge cities are metros that are considered startup-friendly. In other words, these are great cities for entrepreneurs. The analysis examined high-growth company density within each city, the rate of entrepreneurship in the city, the city’s population growth, the city’s net business creation, the city’s wage growth, job creation statistics for the city, and early-stage fundraising deals offered to entrepreneurs in the area.
The analysis claims that in order for startups to thrive, it must be a growing city, it must have ample opportunities and it has to be innovative. These are clearly also traits that show a great place for real estate investors to consider, whether the investor flips houses or buys rental units. Either way, these traits among municipalities are advantageous to both entrepreneurs building startups and real estate investors.
- Growing cities with steady increases in population, job creation, and business creation are great places in which to invest.
- Entrepreneurship growth within a city demonstrates promising opportunity.
- Wage increases indicate higher spending power in the months and years ahead.
- Ample high-growth companies within a region demonstrates innovation and forward thinking.
Are You Looking for a Hard Money Loan to Flip a House Or Buy A Rental Property?
Paces Funding is a hard money lender offering hard money loans to purchase and renovate non-owner occupied residential and commercial properties throughout the Atlanta, Nashville, Florida, or the North and South Carolina metropolitan areas. Our application process for hard money loans is easy. Just fill out this very simple online form and you will be contacted shortly. Unlike other lenders, the window between applying and funding is very small. We have funded properties in as a little as one day, but typically funding hard money loans takes about seven to ten days.
Call us at 404-814-1644 or contact us online to find out whether you might qualify for this type of funding. In the meantime, check to ensure that you meet our loan criteria. Our loan amounts can be up to 65 percent of the after-repaired value of the collateral—and if you use the loan for renovation or construction, the loan amount can be based on the collateral’s improved value