Real Estate Blog
Top Upgrades That Add Value to Your Commercial Investment Property
Every investor in commercial property wants the best for the property they manage. Increasing the value of property investment and maximizing income is your goal as an investor. Increasing the value of a property generally results in higher profits. Well, if you want to invest in your commercial property for profit, be sure to make sound and objective decisions about your investment. There are many traditional property renovations and upgrades that when you invest in you are likely to lose money without improving your property value. Adding a swimming pool, a new floor and upgrading mechanical equipment might seem to the right improvements but they may not raise your property value. Choosing the right improvement projects may mean the difference between your property being rented and your property staying empty. Consider these upgrades that tenants want for you to increase your property value and boost your ROI.
Tips for Negotiating Your MAO in Real Estate Investing
Before you can close a deal in real estate investing, there are steps you need to go through. After getting your maximum allowable offer for a property, you need to present it to the sellers. Start by asking the seller the amount they think the house should sell for in its current condition. Most sellers prefer starting with a high price for you to talk them down during negotiation. Once the seller gives a price they say they can’t lower, you can now give an initial offer that is lower than your MAO. However, presenting an offer that is too lower may cost you the deal since the seller may feel insulted by your offer. In this game of negotiation, there are proven tips that can help you negotiate and close a good deal.
How to generate business through LinkedIn?
LinkedIn proved to be a success in the corporate world. Reaching its first million users in a span of merely 2 years, it has now come of age. With more than 500 million members across 200 countries, LinkedIn has helped bring about change in the entire concept of professional networking. Almost every business has used this platform to increase their sales or to hire another employee. It has also given a chance to self-employed people to get their sales up and meet new people-all under a single umbrella. LinkedIn is now considered as the go to site for business professionals leaving no business out of its reach. This site has also had a very positive impact on the real estate world. All the real estate professionals are now generating income through this platform, as it helps the real estate agents in a variety of ways. From its demographics to helping you target your desired market LinkedIn has it all.
We have helped you answer the frequently asked question of how can one generate more business through this platform? Here are a few simple ways to get you on your way to generating business through LinkedIn.
Rental Property: Key Challenges Faced By Landlords Today
Investing in rental properties can be a very lucrative venture. Landlords earn a great deal of income monthly especially now that many people find it convenient to rent rather than buying a home. Steady cash flow from your investment properties can allow you to have early retirement and achieve financial freedom that others only dream about. However, there’s no investment that is without risks. There are a number of challenges that landlords face before they start getting income from their investment. While you may have these challenges at some point as a landlord, they are worth the effort and commitment from you. Dealing with the challenges may be a hard task but they shouldn’t kill your rental investment dream.
Real Estate Investing Training: How to Handle A Non-Paying Tenant
Welcoming a new tenant? Most of them are just fine, but a few might keep you up at night. Its part of every landlord’s lives, and there’s no avoiding it. In fact, as part of your real estate investing training, knowing what kind of tenants you may attract and what to do in certain cases is like walking on a tightrope – believe me I know.
What are Abandoned & Vacant Properties
Whenever we come across the term ‘vacant property’, we often picture an empty place, bereft of any owners. It is often said that buyers usually observe vacant properties, and then arrive at their conclusions based on personal tastes and preferences. Neighbors may think of them as an eyesore, but for interested investors, they can be quite a lucrative catch if they know what to look for.
Today we will delve into what you should know about vacant properties, and how you can make the most of your deals.
Cost Segregation Meaning and its Benefits!
Cost segregation meaning can be easily learned that it is a criterion for identifying assets with their costs and ordering those assets according to federal tax purposes. Cost segregation enables to classify the commercial building costs as a personal property or land improvements, which were previously being rated as a 39-year depreciable life, in relation with a 5, 7, 15-year rate of depreciation with the help of accelerated method. The buildings used for residency including those for multi-family are based on a 27.5 years life. This engineering-based study prevails the building owners to depreciate the new or already present structure in a short interval of time under the accepted and existed tax laws.
Real Estate Crowd-funding
Crowd-funding—is not something unheard of. It is a place where new startups or entrepreneurs turn to in order to source capital. Crowd-funding can be labeled as a platform where general public can buy off their share of the pie by investing money at their own discretion. The funding can vary in magnitude, but it has been declared legal by the government of United States of America. In the past crown-funding campaigns were only limited to startups and other fancy projects that caught the masses’ eyes. But things have changed. Now, crowd-funding has also tapped the real estate market and many people are buying real estate by concentrating their funds into a pool and owing rights to a share in the profit. Real estate investment crowd-funding is also called peer-to-peer crowd-funding. This helps the investors to bypass the banks altogether. This is also a good platform for people who are trying out as investors in the real estate market. These funding can prove to be a practice ground for them, as there is less money involved.
5 Mistakes a New Home Owner Should Avoid
A new home owner is in a fragile situation because a house is a big life-altering investment. In most people’s cases, buying a new home is the biggest investment they will ever make in their entire life. But the process is so challenging due to inherent lack of information. Add the fact that there are individuals who seek to take advantage of misinformed buyers.
Reasons to Invest In Commercial Real Estate Now
Are you planning to invest in the commercial real estate? Whether you’re a seasoned real estate investor or a newbie in this market, the commercial real estate is a niche you should consider. For a long period, real estate has proven to be a great investment. When done right, commercial properties will reliably bring higher returns than many other investment options. Many investors are still on the fence about investing in the commercial real estate for fearing to risk. Well, every good investment has some risk involved. If you want to grow your portfolio as an investor, commercial real estate is one the best ways to go.
Here are six reasons to invest in commercial real estate now.
Commercial Real Estate Has Greater Cash Flow
The commercial real estate offers a regular stable cash flow. The yield on commercial properties is usually high, especially when using leases. If your property is in the right location, you can have an annual return of over six percent of the purchase price. The cash flow is stable because commercial leases are usually longer.