Posts Tagged ‘commercial’

Pointing Out Potential with Miami Commercial Real Estate

December 5, 2008

Right now investing your money well is sort of a big decision. In Miami, investing money in business is something that most investors do, but you want to know what a good business in Miami is. Well, Commercial real estate is the answer. It has been thought all over that commercial real estate is often termed as the safest investment avenue. In fact, real estate investments done with proper evaluation of the property can lead to good profits. That is why, many real estate investors in the sunny Miami have been trying to focus with. The talks of Miami real estate are generally focused towards residential real estate; commercial real estate seems to take a back seat. But little that most know, Miami commercial real estate is a good investment nonetheless.

Miami commercial real estate includes a lot of different kinds of properties. Most people relate commercial real estate with only office complexes or factories and industrial units. But, there’s more to it, in fact that is not all of commercial real estate. Known facilities like health care centers, retail structures and warehouse are all good examples of commercial real estate. So, don’t get everything wrong and try to make a safe assessment on the kind of market the commercial real estate world has to offer. So, far Miami, being a commercially motivated area because of the high volume of tourism there can have a ball on having investment in commercial real estate.

Miami’s rich beaches and other tourism hot spot have paved way on giving the real estate in general a good leeway on things. Investing on its market is kind of a good ting because, first and foremost you get potential everywhere, whether in not so highly touted areas you can get commercial real estate that would give you a safe haven on investing your money well. Miami commercial real estate is something that most people would only think as second filler over Miami residential and condo, but in reality it can make your money worth it. Miami commercial real estate will always give you different look on it and sometimes will drive you good luck on your business. The cash flow in it is good and there can be a good value for the monthly rent that they will pay you.

As a businessman you should know things concerning the market, Miami commercial real estate are a market where we can get a lot of potential investment opportunities. When you talk about real estate it is automatic that we think of the more common markets such as residential and condo, but commercial is something that you don’t have to ignore. It can get you great investment possibilities for sure. So, do not ignore Miami commercial real estate and try to give it a good look.

Jron Magcale


Treat Florida Commercial Real Estate as an Investment Option

December 4, 2008

Florida is a very desirable place for real estate, investors’ finds the state a mining area for real estate investing and when it comes to investing people often looks at it as a task. Right now, the popularity of Florida in the real estate world has become a household thing that for most part it can be something of a great idea for most. Basically real estate is often known as the safest investment available. Because, real estate investing executed with correct evaluation of the property, it can result in good earnings. Florida commercial real estate is one of the most well-known real estate investing type that has been in people’s mind. It is because commercial real estate also is a good alternative for investing in property.

Let me give you an idea about it. Well, for starters, Florida commercial real estate includes many various forms of properties. Most folks associate commercial realty with only office buildings, parks or manufacturers and industrialized units. Even so, that’s not entirely all of commercial real estate. People should know that there are more to it than meets the eye. People would tell you different things about the real estate world and sometimes it can get you different perspective on it.  Remember that there’s more to Florida commercial real estate. Although mostly being downplayed by most, Florida’s commercial real estate market has been hot and always been a top choice for investors to have a consistent cash flow.

The question is if Florida commercial real estate really profitable? It is for sure quite productive as you would expect it to be. The only matter with Florida commercial real property is that acknowledging the opportunity is a little difficult as equated to residential real estate. But Florida commercial real property profits can be real huge, why? Because it is Florida and having a state that has more tourist spots than any other state in the country can be a good point. The good thing about it is that it can always be a good thing to have your money investment with. More to a fact that when it comes to Florida commercial real estate you can always get a lot of different potential investment opportunities on it, the commercial real estate development is as a matter of fact handled as the 1st sign for emergence of residential real estate.

Of course people will always try to find different opportunities on a market and in real estate market there can be a lot of choices, there are options aplenty and if you are a businessman you would always going to look at the best possibility for your investment. Florida commercial real estate can always be a viable option for people, and if you are looking to have your money’s worth you can explore and try Florida commercial real estate as an option.

Jron Magcale

Basic Ideas About Florida Commercial Real Estate

November 25, 2008

A lot of us are probably wondering will there be anything that can be good for our money’s worth? Well there can be a lot, in terms of business real estate comes to mind for most and when it comes to real estate I think that Florida is almost automatic to be a hot spot. For those who are looking for an excellent way to generate outside income, the Florida commercial real estate industry is a great way to go. Many people have begun to invest in Florida commercial real estate, and since this type of real estate is continually being purchased and sold, it has become an excellent way to invest money for a guaranteed return. Before one becomes involved in the Florida commercial real estate market, it is highly important that they understand the Florida commercial real estate industry and its many surrounding components, in which to have to learn to be able to survive on its market.

To give you a basic idea on commercial real estate let me help you, first and foremost, it is imperative that one understands a basic definition of commercial real estate. Essentially, commercial real estate includes various real estate properties that have the potential to be able to generate outside revenue or even income for the owner. Whether the property has immediate potential for generating income or revenue immediately or perhaps in the future, it can still be labeled as commercial real estate. It is a one of the most desired real estate business out there and you know how big it is now, especially in Florida.

Let me testify that the Florida commercial real estate is an excellent choice for investors for a variety of different reasons. One of the main reasons that investors find Florida commercial real estate to be such a pleasing investment is that it brings about both long term and short term financial benefits. In the short term, Florida commercial real estate can help you bring in a better cash flow from the use of the property, and at the same time, in the long run the property will only appreciate in value, which result in long term benefits should you will choose to sell. Most investors also find that there is a lot less risk involved with commercial real estate than there is when dealing with other types of real estate.

Well, another positive benefit of Florida commercial real estate is that the scope of properties that you can invest in is quite large. Florida commercial real estate includes various different properties that make excellent investments. As long as the building consists of more than four units, it can be considered a commercial real estate property. Florida commercial real estate also includes other properties such as strip malls, apartment buildings, RV parks, industrial parks, mobile home parks, and commercial centers. If you are keen to invest in Florida commercial real estate you should start your journey on knowing more on where you want to start investing before it’s too late for you.

Jron Magcale

5 Basic Steps on Investing Miami Commercial Real Estate

November 18, 2008

Sometimes, investing is a bit hard than usual, the most beautiful property could be a part of the worst real estate investment you’ve ever made. Remember that Miami commercial real estate investing is all about the deal, the terms, the location and the return on investment. Here are some tips for successful Miami commercial real estate investing for you and your business. It is always important to be a bit observant on this because it can help you on investing for sure.

#1 – You have to be an investor instead of an accumulator of Miami commercial properties. Remember that the whole idea of making investments is to produce an income or a profit. So, if you buy a property that produces no income or profit, you really just acquired a property instead of making an investment. Investing on the property is pretty much the subject here. It can be hard at times and can be really confusing as well, but always keep in mind that all of it is part of the biz.

#2 – Understanding that every property has a lifetime. Ok, you have to know or at least be aware of that one of the biggest mistakes you can make as an investor is to ignore the fact that over time, you’ll have to spend money on the upkeep of the building. The building may need a new roof, and the electrical system may need to be updated. So make sure you have a long-term plan to handle such repairs. It won’t take of itself so remember that you have a big part on giving it life.

#3 – You need to focus on one investment type at a time. This is sometimes a problem for most, especially when you’re first starting out, you should focus on one type of investment: apartments, offices, retail, land, or whatever. Each deal needs and deserves your undivided attention. It’s better to be master of one than average over many. And who wants average-performing properties anyway? You need to make up your mind on what you want your commercial real estate investment type you will choose.

#4 – Considering environmental problems. One of the early problems for this business is the environmental problems. It has come to my attention that a huge potential concern when owning commercial property is hazardous waste problems. Property owners have the primary responsibility for fixing such problems, even if the current property owner didn’t cause them. Remember that you have to maintain something here and with that the success of your business will depend on how much you take care of your property.

# 5 – Get a mentor so you can learn from his or her mistakes. Lastly, mentors can save you from making huge mistakes, identify when you’ve missed due diligence items, and connect you with resources that you otherwise wouldn’t have immediate access to. If you have someone who you can talk to, like experts or veteran on the business, it will be real helpful. The thing with this mentorship program is when dealing with a Miami commercial real estate biz, you will have the chance to share knowledge and give tips in order for you to be successful as well.

Jron Magcale

Understanding Leasing Privileges with Florida Commercial Real Estate

November 11, 2008

Over time there are just a lot of things that people look at for a business, the real estate business particularly have grown into an extended streak fro people who are looking to say, “cash in”. As we all know the real estate business is a big business to foot your foot in. Certainly you have heard the reservations on how would it be a good business for people who just started, there can be different answers. If you are involved in leasing Florida commercial real estate in any capacity whatsoever whether experienced or a novice, you need to have resources that should be helpful for you, it is known that it is quite hard to move nowadays with more things being in constant consideration, let say the economic crisis or whatnot. But I think just to be fair there can be different outlook on a market per say.

I can say that i is mind boggling how often landlords and tenants find themselves looking for guidance because an unpleasant surprise has cropped up during the course of a lease.  In most every case, such surprises are the result of having signed a poorly understood or poorly constructed lease agreement. It happens all the time, this is especially true for smaller, less sophisticated tenants who, for whatever reason, have chosen to sign the landlord’s “Standard Form Lease” with few, if any, changes. To make it short any commercial property leases has been getting the same scenarios whether it is in Florida or California or wherever.

Well, essentially, a Florida commercial lease is much like a partnership agreement in that it sets out the parameters of a business relationship. When everything goes as planned, most any lease will serve the parties well but the true test occurs when there are hiccups in the relationship.  If the lease has not been carefully drafted, a hiccup can become a major problem for one or the other of the parties. In Florida commercial real estate such situations can be found and be considered. Like the tenants’ often loose sight of the fact that the “Standard Form Lease” represents the landlord’s wish list and if not appropriately modified, may not serve their interests when issues arise. It is understandable but the point knows what you can do with the agreement itself, it could be important.

In Florida commercial real estate same thing could be accounted in and more to the fact that people who are trying to invest in the said market should get the necessary information about the leasing factors of the agreements. Florida Commercial real estate leasing can be difficult if you can not understand what is written in papers. The documents allow you to get the necessary info on making it into the business. It can be a good option to try and rely to the experts when dealing with these procedures but then again you need to be self informed as well. If you are planning to get intimate with the business proceedings, I suggest that you need to understand the Florida commercial real estate leasing process before you make any move for you to get good background about the biz.

Jron Magcale

Checking In with Investing Miami Commercial Real Estate

November 8, 2008

They say that the Miami commercial real estate is complicated and hard to get your way into it, well personally I think it can be hard but you may be able to survive on it if you know what you are doing. Being aware of what you’re in for. Actually it is not a hard market to ponder as most people thinks, it can be a really different market but can also be a real good and beneficial when the right time comes. First of course, you need to study the Miami commercial property market. This is a bit critical; the commercial field is made up of many different elements, from income producing property, such as apartments, to industrial storage and manufacturing properties. There are a lot of things that one should follow and keep their attention to.

You always want to look at all of the options and then decide if this is what you want to get into versus investing in the stock market, mutual funds, etc. Just because you hear that someone made a fortune in Miami commercial real estate does not mean that you will, so study the market first, before you jump in. There are a lot to learn on the market itself. Remember that one thing that can make you successful on the field is if you can survive in it. You should always know your cash situation to buy Miami commercial property. Generally, most Miami commercial property opportunities will take approximately 20% of the purchase price in a down payment. For most areas that is the rule but with some of the commercial firms that I have asked that is the number that is more common.

Next thing is to know the Miami commercial property inventory, and what is out there. If you are looking to buy a Miami commercial building, how many buildings of the size you want are on the market where you want to be? And, look at the number of buildings that are on the market and vacant, and-or leased. Then look at what the costs of these properties are. For example, an apartment building at $50,000 a unit, or door, may look great until you find out that an adjoining building just sold for $40k a unit. If you are looking for specialty properties, such as a convenience store, a mobile home park, or a self-mini storage complex, see how many are available, and then compare the prices. I t is al most a given that you know these things just for you to be sure.

We should be aware of everything, as in any shopping, comparing properties is just a smart thing to do, and to do this; you have to know the inventory. In all of the above, a good Miami commercial real estate agent will take you through each of these steps. Take your time, don’t get too anxious, and rely on the judgment and opinions of the agent you are working with. It is pretty much important to be patient. All things will go into order if you are careful, Miami commercial real estate is a great business venture, you just have to know which buttons to push,

Jron Magcale

Selling Miami Commercial Property Not Easy as They Say

November 3, 2008

For some having a real estate investment is a bit hard to handle, It is a difficult investment to have because of the complications and the shady market that can go from consistency to inconsistency in just a short time. So, people tend to shy away from it and try to avoid it. Well I think it is not a very bright idea to assume on things like that especially in business and investment. Miami commercial rental real estate can be a lot of work to maintain and keep leased out. When you are ready to sell, you need to know where to go and who to trust. Use these steps to learn more about selling commercial property and how to do it the smart way. It might be difficult but it is indeed doable.

To get you started, of course you need to gather all the information about the property. You should have as much information about the property in a convenient place. This should include the address, demographics of the property, information about the current renters, if any, and any other pertinent information you can think would help the building sell. Of course it can be a lot of work if you look at it in such a way but I think to prosper on this particular market you need to be informative as well.

Next thing to do is to shop around for a Miami commercial real estate agent to take on your property. Shopping around is a good idea to compare success rates, the length of time they have been handling Miami commercial property, and the contacts they have that may be looking for a piece of commercial property. It is good to have the agent to give you the necessary info about the property because they play as experts on their fields and more importantly attends the role in which gives you the necessary options for your investment.

After getting the few steps made, the next thing to consider is to sell the Miami commercial property on your own. If you are confident that you can find a buyer and sell the property on your own, this is a great way to save money on realtor commissions and have more control over the working with the buyer of the property. You will need to advertise in different realty outlets and online to get the best response. This can be a best case scenario for you but it is often occur. The help of real estate agents is still number to many people’s list and with that being a factor for their investment; people must know the things that go around into the business before moving forward.

If you can’t sell it by yourself at a fast pace, you needs to contact anyone you know who might be interested in acquiring a piece of the Miami commercial property. This is not only a great way to find a possible buyer among people you already trust, but word of mouth is the best method of advertising. Those you network with will tell people they know and interest will generate quickly. This gives you a different angle on investing plus it can save you a lot of time and gives you more options on selling your Miami commercial real estate property.

Jron Magcale

Take Advantage of Making Miami Commercial Real Estate Ad

October 29, 2008

I think that right now there are a lot of things that an individual should think about when investing in Miami commercial real estate, you need to cover all of your bases. If you’re selling a Miami commercial real estate; consider the interests of the prospective buyer of commercial property. They’re different than the residential real estate shopper. Write an attention-getting ad for commercial property. Yes, that’s right your own commercial real estate ad. It is important because you can draw some interest with it, it can really be a good thing to do to start you up.

Give Information

Well of course, give accurate details of any structures on the property. List the full dimensions of the footprint of the building, list square footage of various interior areas. Detail available warehouse space, office space, meetings areas, bay and utility areas and retail space. Detail the exterior space regarding acreage, zoning and land use. Be specific about parking areas, any additional structures and their uses, and the possibility of future expansion. It is a good thought that you will give accurate information so that you won’t have problems when you finally have buyers and ask about what your property really have.

Get the Location There

One thing to make your ad good is to tell the reader exactly where the property is located. Make specific references to distances from highways, airports and areas landmarks as applicable. Discuss neighboring properties, what kind of businesses operate nearby and what kind of traffic is generated as a result. In that way, they won’t be lost and have the location of your real estate be on an accurate note.

Give Building History

Of course, you should be honest on giving correct history of the building. List previous uses of the building and relative success, you should state traffic and gross income generated by the property in commerce, product, sales or other units as applicable. So, that the buyers would have an idea on the property that they are going to buy or purchase, let them get the right info about the commercial properties past, for them to have an idea on how profitable the establishment will be.

Name and Details

Well, it is also important that you name the business currently operating at the site. Briefly mention why the property and/or business is now for sale. List all fixtures and equipment that may be included in the sale, detail the general condition of major elements of the property, and specify asking price, terms of the sale and any special options the seller offers. Include information about tax incentives and financing options. In that way you’re Miami commercial real estate property ad would be in good and accurate stand for your buyers to have more interest on it.

Jron Magcale

Holding on Investment with the Miami Commercial Real Estate

October 27, 2008

Getting advantage on real estate trends nowadays can be a daunting task. Unless you have not been paying attention to the news lately, you have heard on numerous occasions that the United States economy is in a very bad state. Recently, the Senate has approved an economic package that is designed to bailout the failing banking system. This would be the largest financial intervention by the Federal Government since the Great Depression. As far as I’m concerned, this package is just a limited remedy for our already struggling; it would be like putting a band-aid on a headache. So let us check Miami commercial real estate market as one of the healthy markets out there for real estate.

Obviously, the banks have been rescued, but what about you and me. Where is our bailout? In these times, financial security is more a pressing matter than ever before, and it is up to you and me to address it far more seriously than we’ve done in the past. Investing in corporations is far too risky now. Investing in anything these days is far too risky now. Except for well Miami commercial real estate, millions of savvy real estate entrepreneurs are investing in single-family homes, and have been very successful. However, few have ever considered making the easy transition to Miami commercial properties. Well, they think it’s too expensive and too complicated to get into, and therefore never take the next step to the money-making, low-risk potential of commercial real estate..

So, you might be scratching your head and asking, why Miami commercial real estate? First, the money-making potential is higher than that of residential. Second, it is much easier than residential real estate. Lastly, you can easily increase the value of a Miami commercial property, and do so in as little as 30 days. This is not entirely true of residential real estate, and is definitely not true of stocks, bonds or any other type of Wall Street investment. Most importantly, anyone can invest successfully in Miami commercial real estate without prior knowledge, experience, advanced academic education, or a real estate license. Needless to say, you will need to be trained properly how to do it. It is a must of you want to survive in the market.

Right now I think that the demand on Miami commercial real estate is pretty much high and with all that being a consideration, people often thinks that they can get great value on the latter. If you know your way in the market, why not, I mean, you need expert help if you plan on investing and looks for doubling your money. Miami commercial real estate can really be a strong market to have your hands with, like I said it won’t be easy but it will sure be worth it if you get your returns. Miami commercial real estate can really be a valid choice for people looking to make a difference in the market.

Jron Magcale

Investing Easy Steps with Miami Commercial Real Estate

October 23, 2008

I know that there could be a lot to think about in concern to investing in Miami real estate. The first thing you need to know before you can invest in Miami real estate is an understanding of the dynamics of a real estate transaction. All of the nuances can be taken care of by an attorney and accountant. They will ensure that the terms in the contract are buyer friendly, and that you are protected from fraud and risk. So, step one is finding a real estate attorney, and accountant who can service your needs. Don’t worry too much about the cost, as this expense will be calculated into your return from the investment. Commercial property can pretty much be a good thing for you.

With everything in place, right now you are ready to start looking for a property. The first thing you need to do now is to determine how much money you are able to invest or raise, and what return you need to generate from that investment to make the investment worthwhile. This number is purely subjective, and will vary from instance to instance.  Technically you can work backwards, and just look for properties with the highest returns, but this will tremendously limit you, as greed will drive you to pass up on deals you can make a nice return on. Typically, in real estate investing, you have two types of investments, Value-driven investments, and value-added investments. Both in which will be an option for you in the future.

If all of the said steps are made, I can say that you can be ready.  Now that you have a number of how much money you have to invest, and what returns you need, you are ready to start looking for Miami commercial properties. Though you should look for the best returns, if you find a property which meets your return requirements, you should submit it to a mortgage broker to shop it around, and get you some quotes for the cost. Don’t worry about wasting their time, as they know that only 1 out of every six deals will close, so they are happy to shop your deal around to investors. This is incredibly important, as they will issue you a letter of intent stating the terms they will likely be able to lend to you.

I think that with all of the things being said to be a factor, having your Miami commercial real estate hunt can very much be a good point if you learn the ropes. You should always ask an expert upon taking the road on having deals closed in Miami commercial real estate investing, it is best if you can try to find good deals that would be a great help for you. Of course numbers might confuse you that is why you will need the help of a realtor who specialized in Miami commercial real estate.

Jron Magcale