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The North American Industry Classification System or NAICS (/ n eɪ k s /) [1] is a classification of business establishments by type of economic activity (the process of production). It is used by governments and business in Canada , Mexico , and the United States of America .
Investment Advice 6311 Life Insurance 6321 Accident & Health Insurance 6324 Hospital & Medical Service Plans 6331 Fire, Marine & Casualty Insurance 6351 Surety Insurance 6361 Title Insurance 6399 Insurance Carriers, NEC 6411 Insurance Agents, Brokers & Service 6500 Real Estate 6510 Real Estate Operators (No Developers) & Lessors 6512
The SIC had ten top-level divisions, NAICS has twenty. The new NAICS essentially split the old Division H into code 52 Finance and Insurance [8] and code 53 Real Estate and Rental and Leasing. [9] The newer NAIC two-digit codes, 52 and 53, are extensively elaborated – down to the five-digit level.
Buy, rehab, rent, refinance (BRRR) [13] is a real estate investment strategy, used by real estate investors who have experience renovating or rehabbing properties to "flip" houses. [14] BRRR is different from "flipping" houses. Flipping houses implies buying a property and quickly selling it for a profit, with or without repairs.
However, to reflect the evolving nature of the economy, the NAICS is updated every five years. Therefore, when comparing different censuses, a particular NAICS basis is usually specified. The following data are based on a comparison of the 2007 and 2002 censuses using the 2002 NAICS basis and an older comparison of the 1997 and 2002 censuses ...
Real estate investing has historically seen high returns. Residential homes typically have lower returns than commercial properties, but they can still be valuable assets in many investment...
Real estate investment companies have traditionally provided a gateway to profits that have increased around 5.4% annually over the last 60 years. This investment is a key economic facilitator of ...
Investment Banking and Brokerage Services Diversified Financial Services (30202000) Asset Managers and Custodians (30202010) Investment Services (30202015) Mortgage Real Estate Investment Trusts Mortgage REITs: Diversified (30203000) Mortgage REITs: Commercial (30203010) Mortgage REITs: Residential (30203020) Closed End Investments