Brad Neihouser | Commercial Broker

There are many myths and falsehoods on when the best time is to sell any kind of property. The best time to sell a property is simply whenever it benefits you! That being said, there are a few key factors that can enhance the sale value of your invest 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?           a.       Prime building condition: This ensures that the property will show well to prospective buyers. If they are looking at your property as an investment, they will judge the book by the cover.           b.       You have long term, established leases with your tenants: This could be the biggest factor in how buyers will value your property. If all of your tenants are in 5-10 year leases that is much more preferable than say, 1...

Ah, so you've managed to squirrel away a few shekels in your piggy bank, and the light bulb above your head has flickered on – commercial real estate is the golden ticket! But now you're faced with the daunting question:  What's the next move?  Fear not, there's a method to this madness, and we're here to sprinkle some wisdom on your investment journey. Now, diving into the world of commercial real estate is like navigating a maze with hidden treasures and potential pitfalls at every turn. The holy grail is finding a property that spews out a steady, reliable income without burdening you with the daily management shenanigans.  Picture this: apartment buildings, the drama queens of property management. These fall into the day-to-day management category; I suggest avoiding those when wanting to make a simple investment. On the flip side, mini-storages, the zen masters of low-maintenance, might be more for you. And somewhere in between the drama queens and the zen mast...

Congratulations, you've made the decision to list your commercial property or that prized half-acre parcel, a cherished inheritance from your wife's family, now nestled in the heart of your bustling town's business district. Now, the million-dollar question looms large: What is the true worth of your property? It's tempting to give the cheeky response of, 'Well, it's worth what someone is willing to pay for it,' but in reality, determining the right asking price is a delicate balancing act. You want to attract potential buyers without deterring them, all while ensuring that you, the seller and owner, get the best and most accurate value for your property.  The initial step in this process is to seek guidance from a seasoned professional in the world of real estate brokerage, specifically one who specializes in your local market and possesses an intimate understanding of its dynamics. An experienced commercial real estate broker, with their finger on the mark...