As the new tax season approaches more and more real estate investors are wondering whether or not they qualify as what the IRS calls a “real estate professional.” If you’re new to real estate investing and are curious to find out whether you fall under this category, keep on reading. You’ll be surprised to find out that there are actually 3 different categories you could possibly fall under.
CALLING ALL INVESTORS, especially those of you who are new to investing and are looking into purchasing your first rental property. There is a ton of paperwork that comes along with any commercial real estate transaction, but what you may not know is that there are 10 very important seller documents you may have to review when it comes to buying a rental property.
Are you an investor considering whether or not it is time to sell your apartment property? The decision isn’t as easy as one may think, there is a lot to consider before taking that big leap. Today we’ll visit a video by BiggerPockets’, Michael Blank. Michael will take us through his decision process with one of his own properties. Is it time to sell now? Sell in a few years? Or refinance? Which of our 3 different scenarios will allow us to maximize our overall returns? In order to answer this question we should consider these 4 questions: 1. HaveRead More…
You may have recently seen a number of investors flocking to invest in run-down apartment buildings with little to no tenants visible, only to turn these properties around into some of the nicest and hipist apartment buildings on the block.
Residential and Commercial Real Estate are not the same and a lot of the time brokers who’ve started their career in residential think the jump from one field into another will be an easy transition. This isn’t always true, both residential and commercial are quite different and they both require a different process in order to complete a successful transaction.
The world of Commercial Real Estate can be confusing and consist of a heavy workload, but in the end is extremely beneficial especially if you’re trying to expand your knowledge and your skill set within the real estate world. If you’re just starting your commercial real estate journey, here are a few tips that will help set you on the right path to selling your first commercial property.
Happy New Year! We hope you had a wonderful holiday break filled with much needed rest and way too much food! But the new year is here and with it comes new beginnings…and what a better way to kick off the new year than with some new amazing and FREE CRE tools to help you get those new CRE deals up and rolling?
How can lead generation for commercial real estate brokers be so similar today (2019) as it was in 2013! Well, not sure about the “join a country club”, but …. Check out this article from https://sunsunconsulting.wordpress.com re: “prospecting“. Source: https://sunsunconsulting.wordpress.com/2013/05/09/101-prospecting-ideas-for-commercial-real-estate-professionals/ [tds_note] 1. Cold Calls – Make a list of 5 people each day to call. 2. Warm Calls – These are the people who want to hear from you – you know, the ones you are just touching base with to say “hi”. 3. Canvass – Choose a property, go and shakes hands with as many as possible. 4. Broker Referrals – Have a list of brokers whom you referRead More…