Brad Neihouser CBC Shook

Click Here To Watch The Video! Today, we’re diving into a sector of commercial real estate that might often go unnoticed or overlooked: farmland .  Brokering the sale of farmland happens to be one of my specialties. I have had the opportunity to help many clients in the North Central Indiana region. While the sale or lease of this property type may initially appear straightforward, it often entails numerous intricate layers and moving components that collectively shape a farmland transaction. Regrettably, the majority of farmland changes hands due to significant life events, notably death or divorce. Farmland is among the most tightly held commercial real estate assets, making these transactions emotionally challenging, intricate, and legally complex at times. One common scenario involves inheritance. Family dynamics can introduce a multitude of complications into a real estate transaction. Let's consider a situation where four children inherit the family farm. This presents t...

In the realm of Commercial Real Estate transactions, the virtue of patience stands tall. A seasoned mentor once imparted the wisdom that a deal goes through three distinct phases before closing. Over my extensive years in the Commercial Real Estate domain, I've come to appreciate the accuracy of this insight. While Commercial Real Estate transactions might lack the dramatic flair of other endeavors, the cold, hard numbers often compel both buyers and sellers to contemplate walking away on multiple occasions before sealing the deal. For brokers, maintaining a steady hand and a resolute mindset is essential. It's their role to guide clients to step back and assess the broader perspective. Most clients possess sound business acumen, and I've yet to encounter a Commercial Real Estate client who, upon taking that step back and considering the big picture, didn't ultimately recognize that moving forward was in their best interest. If you find yourself as a buyer or seller i...

Click Here To Watch The Video Blog There are many myths and falsehoods on when the best time to sell any kind of property is. But simple, the best time to sell a property is whenever it benefits you! However, certain key factors can significantly enhance the sale value of your investment in real estate.  The very best time to sell any kind of investment property is when the property is thriving, so what does that look like? 1.) Prime building condition: It's crucial to ensure that the property is in top-notch condition. This not only attracts prospective buyers but also creates a positive first impression. As they say, first impressions matter. 2.)  Long term, established leases: The presence of long-term, well-established leases with your tenants can be a major influencing factor in how buyers perceive your property. Having all tenants on 5-10 year leases is far more appealing than shorter-term leases, such as 1-3 years. 3.) Property is 100% leased:  This says to the bu...