How Do You Design An Office? Is there an ideal design? Should you conform to the trends? What specifications should you look out for when designing an office? First, you need to: Brainstorm Ask your co-workers, superiors, or anyone who will be occupying the office for suggestions. Be open to recommendations and criticisms. Take note of the following when you collaborate with Continue Reading
Six Types of Commercial Real Estate
What are the Different Types of Commercial Real Estate? Commercial real estate is broad and has an extensive line of properties under its wing. The common denominator of all these properties is multi-tenancy and the earning possibilities. Here is a list of the different properties under the Commercial Real Estate category. Multi-Family or Apartment Buildings A residential property Continue Reading
How does a 1031 Exchange work?
How to Make the Most of Your Real Estate Investments with a 1031 Exchange An investment strategy that has been gaining in popularity in recent years is the 1031 exchange. In short, a 1031 exchange is a way to defer the capital gains tax on an investment property that you sell, as long as you reinvest the proceeds in a “like-kind” property. This type of transaction can be advantageous if you Continue Reading
How Much Does a Real Estate Agent Cost?
People DIY because they see it as an opportunity to enhance their skills and cut down costs. It is relatively standard and practical if there is no extensive knowledge needed for that particular project. But what happens when it's commercial real estate you are referring to? Is it still practical to DIY? Should You Sell Your Own Commercial Real Estate? Regardless of which side of the Continue Reading
Should You Sell Your Own Commercial Property?
Commercial real estate comprises a variety of properties. One property differs from the other. That being said, the demand for each property type varies. The same goes for buying and selling. The buying season is not the same as the selling season, so you must understand these seasons as a commercial real estate investor. You cannot overlook this crucial aspect because the success of your Continue Reading
Should You Buy An Office Building?
Commercial real estate is not complete without office buildings. It is one of the many investments that offer streams of income and profit. There is a guarantee that you’ll get your return of investment the fastest and highest possible. There has been a decline during the last year because of the pandemic, though. Covid 19 changed the course of real estate investing in office buildings because Continue Reading
Is Buying A Warehouse A Good Investment?
Generally speaking, a commercial real estate property is worth buying. Commercial properties can offer unlimited earning possibilities. Online Sales Before the pandemic, there was already a decline in sales and rentals of retail spaces because of online shopping. Boutiques, supermarkets, and even big brands opened their online stores. Warehouse growth Warehouses slowly gained Continue Reading
What Does It Take To Start A Marina?
How To Start A Marina Living near the water offers so many opportunities. Not only does it bring relaxation, but it can also generate passive and unlimited income. If you are blessed enough to have purchased a waterfront property, you can either build an Airbnb or, better yet, a marina. Plan It Out Just like any business, start with a plan. Create a blueprint that you can look into for Continue Reading
Do You Need A Commercial Real Estate Agent?
How Important is a Commercial Real Estate Agent? Whether you are on the buyer or the seller side, please note how important it is to know your commercial real estate agent. Get to know your real estate agent by asking them questions. Start with their experience. How long have they been in the industry, and how much experience do they have? This will help you gauge your real estate agent's Continue Reading
Covid And The Hospitality Industry
When Covid 19 hit, the world faced numerous challenges. Innovations in technology surfaced to adapt to the new lifestyle. The real estate industry witnessed how these changes affected the market and how it evolved around it. Take the hospitality industry, for instance. Tourism took quite a blow because of travel restrictions. However, since it is a branch of real estate, one of the most Continue Reading
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