Many times you’ll be able to get a tax and or repair or maintenance credit at closing from the seller of the apartment property. For example, in Iowa, if you buy a property at a certain period of time, you could get up to one year of property tax credited to you at the closing [...]
Entries from November 2008
Commercial Real Estate Completing a Transaction
Nov. 25th, 2008
Commercial Properties Income Types
Nov. 25th, 2008
These are the seven mistakes you must absolutely avoid when you purchase an apartment property. Making any one of these mistakes will cost you literally thousands of dollars at the closing table when you buy. Here they are: Not putting yourself in the buyer’s shoes 5, 10, 15, or even 20 years down the road [...]
Office Building Investment Considerations
Nov. 24th, 2008
Many people when they look at an office building don’t even consider looking at the whole building in and of itself. Why? Because many people feel that office-building tenants take much better care of the spaces that they occupy versus say people that occupy apartments. Nothing could be further than the truth. Make sure that [...]
Investment Real Estate Values Cycles
Nov. 24th, 2008
Investment real estate values really come down to the income stream a property produces and office buildings are no exception. What appraisers do is compare income streams that properties produce versus comparing bricks, mortar, wood, etc. They do use three kinds of methods to value property: the comparable approach, the cost approach, and the income [...]
Tips and Tricks to Investing in Commercial Property for Profit
Nov. 24th, 2008
Of course, there will come a time when you are going to want to make an offer on a property. Remember, this is where a good broker is worth their weight in gold; how they can direct you as far as price, how to structure the offer, terms, etc. This of course is very, very [...]
Commercial Property Investing its About the Numbers
Nov. 24th, 2008
Don’t get emotionally involved with the property. When making the offer, don’t get too emotionally involved. Later on in this manual, I’m going to talk about negotiation; however, it bears mentioning right now that you don’t want to get too emotionally involved in a property. If it’s a good opportunity, you’ll want to try to [...]
Commerical Real Estate What to do Right Now
Nov. 24th, 2008
Don’t be influenced by another offer coming in on the property, because as I’ve said the majority of the time, that other offer for whatever reason will not be as competitive as yours and will not work out. Time and time again I’ve seen this tactic used and most of the time it’s been sincere. [...]
The Importance Of Real Estate Lawyers
Nov. 23rd, 2008
We all know that the real estate can have a big influence on our lives. Every day there are frequent buying and selling of properties going on in the real estate market. One thing is that you have to remember when you are either buying or selling anything in the real estate market is that [...]
Tips For Novice Real Estate Investors
Nov. 23rd, 2008
Many of you have probably read all the information on the market as it relates to real estate investing and are well aware that many of the world’s millionaires made their fortunes in the real estate market. Foreclosures are at an all time high, which means that the market has suddenly been saturated with properties [...]
Why Move Your Tech Company To Utah?
Nov. 22nd, 2008
If there is one sector of the population that is truly booming it is the tech market. When a business of technical nature wants to start up, the best place for them to house their home offices is a place that provides a high level of education and a low cost of living. Utah is [...]