Commercial Real Estate

The essence of home staging is to sell the house as soon as possible, and making sure the price it sells is higher. According to the Real Estate Staging Association, staged homes sell 73% faster with an average 297% return on investment.
We have peeked into the world of home staging and gathered some important secrets to help you stage homes better and make more money for yourself.

Many would-be real estate investors are intimidated because they believe that they need a huge capital to start in the industry. While this is a perfectly understandable fear, the truth is that there is a low-risk way of entering the real estate industry using something relatively small (like $20,000) as a starting capital? Imagine a scenario where you could buy a property on 3.5% down, and getting 100% in return per year? This can be achieved with what is called house hacking.

Technically speaking, real estate investing should be an easy way to make a lot of money. The entire business is essentially just a variation of “buy high and sell low.” So there must be a very good reason why not every real estate investor is succeeding. The truth is that “buy high/sell low” is a massive oversimplification that forgets one crucial part of the equation: selling. Regardless of how good of a deal you have, and how many properties you are willing to sell, it won’t do anything if you lack the ability to sell.

When it comes to property management, one of the worst things to encounter is a bad tenant. We know, the term itself should be self-explanatory as to why a toxic tenant should be avoided, but it helps to point out the specific reasons why they’re potentially ruinous to your property’s ROI. Mainly because people think that there’s no need to avoid horrible tenants, since they can be accommodated if you just go out of your way to work around their faults.

Technology made the world a whole lot smaller, and that is a very good thing when it comes to real estate investors. Communication across the world is simple, and it led to making deals more convenient for both parties involved. There even comes a point when buyers make offers sight-unseen, or relying only on photos and 360 videos instead of ocular inspections.
The situation is even more positive for real estate investors. You can live in one country while having rentals in another. And instead of spending a lot of money on hiring a local property manager, you can manage your rentals remotely.

Should I purchase a commercial property to house my business? This is probably a question you’re pondering on as an investor. Whether you’ve already built your business or you’re just starting out, this is a question you have to face at one time. The commercial real estate is one of the best investments you can ever make as a business owner. Owning a commercial property in which you run your business is one of the best ways to save money, have tax advantages and control over the business space. However, the decision to own the property must be weighed carefully for it bring expected returns. It can only be a wise investment under the right circumstances.

Just because you have an apartment deal under contract does not mean it’s a done deal. In fact, you begin the real work after putting the building under contract. You need to ensure that your dream property does not come with any hidden surprises that may cost you extra money. This is why you need to pay close attention to the property during the due diligence period. Remember that until the contracts have been signed and delivered, you’re not legally bound to the deal. Investing in apartments is a large investment that you should make a sober decision into it without any external pressure. You’re likely to uncover things you didn’t know and the seller never mentioned.

Are you looking for killer marketing tactics for your real estate business? Look no further because we have the best and quick real estate marketing tactics that will make you stand out in your market. The competition is fierce in the real estate market nowadays, so you need effective strategies to entice potential clients. With the constant changes in the real estate marketing strategies, you need to adapt your plan as a smart agent and keep pace with all the changes. The overall goal is to ensure your marketing strategies expose you to as many potential clients as possible. Whether you’re looking for buyers, sellers, or brand awareness, effective marketing is vital.

Have you ever purchased a rental property? Owning a rental property is one of the lucrative investments you can ever have. After purchasing a rental property, you can easily be confused on which items to replace or upgrade on the property. You may have spent so much of your money on purchasing the property and therefore spending any more renovating the property may not be your priority. However, it is imperative to consider some upgrades and replacements on the property that would help you get the right tenants at the right pricing. While it may seem expensive to upgrade your rental property, there are affordable ways to upgrade your property and increase your cash flow.

When purchasing a multifamily property, the due diligence process is important to do for you to protect yourself and understand exactly what you’re buying. Many investors ignore the essence of due diligence and end up acquiring a multifamily building with much more work than they initially thought. When you get a property under contract after the seller accepts your offer, you don’t put your money down right away. You need to do a thorough due diligence on the property to make sure everything you’ve understood about the property up to the time of putting it under contract is accurate. It is one way to avoid future surprises that you could not before your purchase. There are items you should obtain or inspect further in your due diligence process.