Secrets Of Top Salespeople In Commercial Real Estate
Cash flow…, appreciation over time… quality Class “A” commercial investment property. And if you do it right, a high rise condo to boot! What are you waiting for? Let’s do this!
Ideally you’re looking for entry level to lower mid-range housing, 15 – 50 years old. It’s OK if the area is a little blighted as long as things are on the upturn. Look for visible signs of redevelopment.
Property developers require the assistance of real estate agents from time to time. The best way to connect with these people is to provide them with new development stock from which they can build.
Investors normally valuate a house or commercial property based on how much income it will produce. They determine the amount of rent a property will command, divided by the purchase price. This is ROI, or return on investment. If you are buying a home to live in, this is not really relevant to your situation.
Tell the reader about numbers of properties sold or leased in the local area over the last month. Quote some rents and prices to give an indication of what the market is doing. Include with this a summary of time on market for different locations and property types.
The problem is that people get stuck on the idea of finding great deals for rentals. They buy two or three good deals, and all of a sudden they have ,000 in payments. They find several tenants, but if the tenants all move out, they have ,000 of debt each month.
Use good photos in the newsletter that are well lit and capture the right message. The best exterior photos of property are usually taken when the sun is low in the sky. That will be first in the morning or late in the day. What you want to have is the sun shining clearly on the front of the building. Avoid using photos with shade distorting the image.
The access controls for a fence should also be reviewed. Many fences will not have doors around them. These are cheaper to get because they can be used as a means of helping to define property boundaries.