Monthly Archives: January 2015

Wanting To Invest In Commercial Real Estate? Here’s How

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Wanting To Invest In Commercial Real Estate? Here's How

Wanting To Invest In Commercial Real Estate? Here’s How

If you want to be at the top of the list of commercial real estate agents and brokers in your area, it starts with the right guidelines to follow and the best tips to utilize in building a great strategy of sales. You can use these tips to get a great start in the commercial real estate marketing, providing you with a future of success.

An important tip to remember with rental real estate is that you want to make sure you have a good feel for your tenants before renting out to them. This is important because you not only need to plan as best you can for how long they plan on renting, but also if they will make payments on time and treat your property well. Treat the meeting like a job interview and treat your property like a prize.

Most apartment complexes make you, the tenant, pay for the water you use every month. However, some places go as far as to taking the amount of water your whole building used in a given month and splitting it up among the number of units using it. If you use less water than everyone else, you can end up paying for someone else’s water usage. Make sure that you know of these water usage regulations before signing a lease. (more…)

Discover Commerical Real Estate Tips You Don’t Want To Miss!

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Discover Commerical Real Estate Tips You Don't Want To Miss!

Discover Commerical Real Estate Tips You Don’t Want To Miss!

Buying commercial real estate can be quite a task, but you know that you have to make the best choice possible. The use and operations you can get from the property all depend on your ability to pinpoint the right properties in your search. Start with these commercial real estate tips and go forth in a hunger for more knowledge.

In commercial real estate, go ahead and go big. If you are already going to have to go through commercial financing to work a deal, then why not look at bigger properties? The cost per unit decreases the larger the property and management of a bigger property does not require an exponential effort to the number of units. The management of a a few units is virtually the same as managing a complex.

An apartment doesn’t have to be your only choice for commercial real estate. A lot of buyers tend to think that running an apartment building is the simplest choice, however let yourself be open to other investment opportunities. Office buildings, land, industrial warehouses are all possibilities you should be open to.

Knowing the cost of taxes in your area is an integral part of investing in real estate. The amount you will pay in taxes can make the difference between a positive and negative cash flow. Consult with your Realtor, the local municipalities, and a tax professional to get a good handle on your tax situation. (more…)

Commercial Real Estate Information To Help You Succeed

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Commercial Real Estate Information To Help You Succeed

Commercial Real Estate Information To Help You Succeed

Many Americans are concerned about the current commercial real estate market. In the past, many believed that it was a good investment market, but these days people are shying away from it. The following article has several tips to help you out if you are looking to invest in the current market or even if you yourself are a homeowner.

One important tip to remember when investing in commercial real estate is that you need patience. This is important to remember because just about every step along the way will take longer than purchasing or remodeling a home. This is due to stricter codes as well as much more intricate contracts and policies. With patience, your investment will pay off.

Start looking for financing before you worry about finding property to invest in. You will not be able to know what to look for if you do not know how much money you can borrow. Find a financial institution or a private lender that is interested in your project and establish a budget with them. (more…)

How to Make the Most of Condo Living

Written by oraisoopoopo

Purchasing a condo to live in comes with its own set of pros and cons, and condo life certainly isn’t for everyone. But if all you can afford is a condo, or if you live in an area where condos really are your best option for housing, there are some things you can do to make the most of living in one.

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Photo by Denis-Carl Robidoux

Continue reading for a few tips so you can love every minute you spend in your condo, whether you’re planning on renting one, or if you’re searching for condos in Montreal or any other city.

Make New Friends with Your Neighbours

When it comes to living in a condo, you have to get used to living in close proximity to many other people. While some individuals may find this extremely uncomfortable and a little unnerving or annoying, you can certainly take advantage of the situation and make new friends with some of your neighbours. This will allow you to have people with whom you can talk and spend some time, and you’ll have people who are willing to lend a helping hand whenever you need it.

Sit Back and Relax on Weekends and Snow Days

One of the greatest features of condo living is the fact that someone else takes care of maintaining the grounds. This means that someone else does all of the lawn mowing, shovelling of snow in the winter, landscaping, and general upkeep of the exterior of your condo. You don’t even need to worry about keeping the area clean because someone else will be there to do the job for you. To fully take advantage of this, sit back and relax with a mug filled with your favourite hot cocoa on a snow day, or just lounge with a beer on the weekend without having to worry about going outside to mow the lawn in the heat.

Enjoy Your Condo’s Many Amenities

If you’re willing to splurge on a condo that provides a variety of amenities you can use every day, you’ll be able to save money on everything from gym memberships to party venues. For example, some condo complexes provide access to full fitness centres, swimming pools, and areas where you can enjoy a barbecue with friends and family or even host a small party for a special event. Just keep in mind that these condos tend to be more expensive and their monthly maintenance fees also tend to be quite a bit higher than complexes that provide fewer amenities.

Participate in Meetings

Homeowners’ meetings allow all condo owners to come together and discuss issues they’re having with their living situation so they can come up with solutions to improve. Take advantage of this opportunity to ensure your needs and expectations are met.

Even though condo life isn’t for everyone, it does come with a host of benefits that can make just about anyone consider purchasing one. To make sure you get the best price on the condo of your dreams, hire a realtor to show you around.

Commercial Real Estate Tips, Tricks And Advice

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Commercial Real Estate Tips, Tricks And Advice

Commercial Real Estate Tips, Tricks And Advice

Any time that you’re entertaining the purchase of commercial real estate property, you need to realize just how much goes in to evaluating that particular piece of property. Unless you’re approaching this the right way, you could end up spending a lot. Read this article for some great advice on commercial real estate.

In commercial real estate, go ahead and go big. If you are already going to have to go through commercial financing to work a deal, then why not look at bigger properties? The cost per unit decreases the larger the property and management of a bigger property does not require an exponential effort to the number of units. The management of a a few units is virtually the same as managing a complex.

Investing in commercial real estate can be a very beneficial investment to make. Think of buying an apartment complex with less than five units to avoid the necessary commercial financing that can be rather difficult to get and a hassle to do so. This will bring in enough money in many cases to pay the mortgage that you have and in several years, that will all be profit. (more…)