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Simple Simon Says.. Keep It Simple

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In today’s commercial real estate world, we tend to complicate things more than necessary. Really, it’s pretty simple.  Property owners are looking to sell, and buyers are looking to buy. In the same way, a landlord wants to lease their vacant spaces; at the same time, a business owner is looking for a place to rent. Many times, as brokers, we tend to muddy the waters and become part of the problem rather than part of the solution. As a commercial real estate broker, we have three jobs.  First ,  is to find out what real estate problems our clients have.  Are they leasing a space that is too small for their growing business? Is a property owner looking to downsize? Is an investor looking to expand his portfolio?  Whatever the problem is, identify it so that you can determine your approach to the assignment. Second ,  determine solutions to their commercial real estate problem.  Research the current real estate market, determine a...

Market Value

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Click Here To Watch Video Blog Question of the day . What keeps a commercial real estate client up at night? What do they worry about the most? The number one item on this punch list is what is my property worth in today's marketplace? It doesn't matter if it's a 200-acre farm, a 10-acre piece of land in the path of development, or the building owner trying to get his building leased out. They all want to know what it's worth.  If you are one of your clients has that problem, I can solve that problem. If you would be so gracious as to give me a call at 765 427 5052, we will have a no-obligation, no-pressure consultation.                                  Let's just talk a little bit. This has been Brad Neihouser with Coldwell Banker commercial real estate in Lafayette, Indiana.

When is the Right Time to Sell?

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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...

Why Won't My Property Sell?

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DON'T READ THIS IF YOU HATE MONEY!

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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...

Brief explanation of leasing

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Hiring a CRE professional

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