27 Dec What Type of Commercial Property Has the Best Returns?
Commercial real estate is broken down into four major categories: Office Retail Multi-family Industrial But within these four major categories there is a lot of variety. For instance, a retail space could be a small strip mall, a single building, or a full-sized mall. A multi-family property can range from a building that contains four apartments or 100 apartments to a...
24 Dec Top 5 Commercial Real Estate Owner Mistakes of 2019
This is Mathew Laborde, CCIM, coming to you on Christmas Eve from Elifin Realty. So far in 2019, I've done a total of 84 transactions. In those 84 transactions, I've seen a lot of good and a lot of bad. Here's my list of the top 5 mistakes that I've seen commercial real estate property owners make in 2019, that...
20 Dec What Is a Good Percentage Return on Commercial Property in Baton Rouge?
The return on commercial investment property in Baton Rouge can vary, and your goals determine whether or not the percentage return is good or not. Many people who own investment properties are using their returns as retirement income, supplemental or otherwise. For these people, a more secure deal is desirable over a high risk deal where they may lose some money....
19 Dec What is considered commercial real estate?
While it is indeed a broad term, to put it simply, commercial real estate is every single property short of a single-family residential home. If it's not a single-family detached residential home, condo, or town-home — you can place a safe bet on the fact that it's commercial. In comparison to residential, commercial real-estate is also often considerably larger spaces than...
18 Dec How do I find the value of a commercial property?
Finding the value of a commercial property can be exceptionally trickier than that of a residential. The reason for this is because you're usually provided with a long list of comparable residential properties that have already sold. So, when you're in a subdivision, you may be in one house out of a hundred or even several hundred that can be...
16 Dec How Do I Get into Commercial Real Estate?
Getting into commercial real estate requires a level of dedication and commitment all its own. Because of this, it’s important that you take some time to assess why you really want to be in commercial real estate and how badly you want to make it a reality. The first step to getting into commercial real estate is to make the decision...
13 Dec Is commercial real estate a good career?
Commercial real estate is an exciting and rewarding career, allowing infinite earning potential and flexibility for agents. As a commercial real estate agent, you will be your own boss, and have the ability and freedom to work your business around personal and family obligations. You can choose a specialty “niche” area, and work to become an expert in that field...
11 Dec What Is the Best Website for Finding Commercial Real Estate?
Searching for commercial real estate online is a little trickier than searching for residential. Residential real estate search engines such as Zillow, Homes.com, and Realtor.com, not to mention many residential brokerage sites feature a huge variety of listings. In the case of the larger sites, you can search nationwide for the property of your dreams. The online tools for commercial...
10 Dec How Do I Buy My First Commercial Property?
When you decide to get into commercial real estate, finding and purchasing your first property comes with a big learning curve along with the financial investment. With a lot of advice out there comes a lot of confusion about the best way to jump into commercial real estate. But the real key is to find a deal and then approach...
09 Dec Is There an MLS for Commercial Real Estate?
Many of us are familiar with MLS through purchasing a home. Realtors can go into MLS and build a query with the exact specifications of what we’re looking for and then email over daily or weekly lists of properties that may match those specifications. We check them out and send a thumbs up or thumbs down and they can use...