Commercial Real Estate Education

Simply Own It – The American Dream: Increase your wealth with commercial real estate – The Cost of Buyer Representation

Brokers: The Nuts and Bolts Don’t be fooled! Many buyers confuse a seller’s broker for their representative. Inexperienced buyers can easily mistake the person showing the commercial buildings as someone who will take care of them in purchase negotiations. They don’t and here’s why: Sellers want to make money and buyers want to save money. With that in mind, it’s unfeasible for a single broker to represent both sides of a transaction. The seller’s broker has a fiduciary duty to the seller or the building owner, so representing the buyer fairly is next to impossible. When a seller’s broker insists

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Simply Own It – The American Dream: Increase your wealth with commercial real estate – Commercial Real Estate (CRE) Basics when Purchasing

Before the 11-steps of purchasing commercial real estate can happen, it’s necessary to understand a few CRE fundamentals. The key to property ownership success is twofold. Understand how CRE fundamentals fit into the larger scheme of a purchase. Recognize the importance of retaining experienced buyer representation to save money on your new commercial building. Industry Lingo: CRE is a widely used industry acronym for commercial real estate. Ownership is a Privilege Ownership of property is a luxury few countries offer business owners. Even in the USA, most small to midsize businesses owners haven’t been able enjoy the pride of commercial

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What’s trending? Things to Look Out For in The Commercial Real Estate Industry in 2020

With 2019 behind us, the future looks bright for the commercial real estate industry in this new milestone year. Factors supporting this outlook include strong property fundamentals, resilient economic activity and new digital technologies, but what do these things mean for CRE investors? Here are four trends you can expect to see in the industry this year.  Mixed-Used Developments Will Become More Prevalent  The term “mixed-use” may not sound familiar, but the development itself is anything but new. Defined as a type of development that blends residential, commercial, cultural, institutional, or entertainment uses into one space, mixed-use developments first started

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Tips for a Smooth 1031 Exchange To Help You Save Money

1031 exchange commercial real estate investment

If you’re thinking about selling an investment or business property, a 1031 exchange can be a great option to increase your cash flow by deferring taxes. Simply put, a 1031 exchange allows a taxpayer to sell an investment or real estate property and reinvest the proceeds in a similar, “like-kind” property that is equal to or greater in value. As long as IRS rules are diligently followed, capital gains on the sale of the property will be postponed. To help ensure your exchange is smooth and successful, here are five things to consider: 1. Start Looking For Your Next Property

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Simply Own It – The American Dream: Increase your wealth with commercial real estate – 11 Steps to Ownership

The first portion of Simply Own It, the American Dream, examines commercial real estate basics and the attributes of a skilled buyer representation and how to qualify them. The second portion outlines the 11-step purchase process in detail as a sample buyer, like yourself, navigates his way through the intricate process. Step One – Strategic Plan, the power of advanced preparation. Meet with your commercial real estate advisor and discuss the value of buying a commercial property versus leasing. Is this the right time for your business to purchase? Will a building purchase add to your company’s success or put

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Simply Own It – The American Dream: Increase your wealth with commercial real estate – Part 2: Ownership Pays

Ownership of a scottsdale, AZ commercial real estate property builds equity in your future; not your landlord’s. An owner reaps greater tax benefits, has an avenue to save for tomorrow and is empowered with the pride of ownership. Best of all, business owners control their destiny and add to their retirement plan. Book one of this series, SimpLEASEity™, summarizes the complex lease transaction in 11 easy steps. Book two, Simply Own It ü, perfected over twenty years, details timing of ownership in a simple and easy step by step how-to guidebook. We will: Answer important questions relevant to commercial real

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Simply Own It – The American Dream: Increase your wealth with commercial real estate.

Scottsdale Commercial Real Estate, to buy or not to buy…that is the question. Aaron has a decision to make. His successful naturopathic business is housed in a 5,000 square foot commercial building. Aaron bought the practice from his mentor and boss who founded the business on this property. Neighbors view the business as an icon within the community. Early in his profitable career, Aaron plans to practice for another twenty years in this very location. The building owner, Aaron’s landlord, hired me to sell the property with Aaron retained as the tenant. I know the building well. It sits in

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Subleasing Commercial Space – Is It For You?

Subleasing has upsides and downsides. To determine if a sublease is the best fit for your business, consider these questions. Is your business growing or shrinking? What size space does your business need? What is the best location for your business? How long do you want to be there? The answers to these questions will help you determine if a sublease space benefits your current business position. Years of experience provide these simple guidelines for subleasing. Reasons to Sublease Commercial Space: The location is ideal for your business and there are no other lease options that support your business expectations.

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Dear Business Owner: Investment Sale – Check Your Backyard First

Dear Business Owner, (Dear Reader: These ‘Business Owner’ segments illustrate how real life commercial real estate challenges can result in win-win solutions…even when the going gets tough!) The market is strong, your single tenant commercial investment has paid dividends for the past three years – good dividends. The quaint free-standing building, home of a medical practitioner for over 20 years, is nestled in a trendy residential community. The doctor’s seven year lease has four years remaining.  The tenant pays rent on time and is fully responsible to maintain the property, physically and financially. Every month the check is deposited directly

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