Commercial Real Estate is a broad industry that covers a lot of asset classes and property types. Many people are interested in knowing what commercial properties are the most profitable. Understanding the reasons why certain sectors perform higher than others can help support your success in an ever-fluctuating market. Here are some of the property types that perform well and...
Understanding the market lease rates allows both landlords and tenants to make well-informed decisions when it comes to leasing commercial properties in your market. On the subreddit r/CommercialRealEstate, users discussed the best approach to determining these numbers. Here are some of the tools and methods to get the numbers right. Engage with Brokers for Insider Knowledge One of the most reliable ways...
If you’re looking to develop or invest in commercial land, it’s great to have access to reliable and comprehensive listings. On the subreddit r/realestateinvesting, user fasteddy7283 asked for recommendations for the best online resource or tool to buy land in the United States. These are some of the top websites where you can find commercial land for sale online. 1. Crexi Crexi...
A Modified Gross Lease is a type of commercial lease agreement where the tenant pays a base rent along with a specified combination of the operating expenses associated with the property. These expenses can include utilities, maintenance, insurance, and taxes. The unique aspect of this lease is the negotiation flexibility it offers, allowing tenants and landlords to tailor the agreement...
In the commercial real estate world, It is important to understand the classification of various properties. This is especially true for unique properties like churches, which serve specific purposes and hold special places in communities. A common question that arises is whether churches are considered commercial or residential properties. The Classification of Churches in Real Estate Churches are generally classified as commercial...
The values of a company are often reflected in its incentives. At ELIFIN®, our decision to award $20,000 to the agent with the most prospects speaks volumes about our priorities. For us at ELIFIN®, giving $20,000 to one of our agents – specifically, the one who prospects the most – communicates a great deal about our company and what we hold...
As CRE Agents, prospecting is a major part of our business. A great CRE agent is continually planting seeds and building relationships with buyers, tenants, and owners within their specialty. For sellers and landlords, hiring a brokerage firm that consistently and proactively prospects can be the difference from their property sitting on the market for years, or being sold / leased...
In this episode of What's What BR, we dive into real estate talk with President & CEO of Elifin Realty, Mathew Laborde. Mathew started his commercial real estate career at the age of 19 and has consistently been among the top-producing commercial real estate agents in the state of Louisiana....
Here's our full "interview on the red bench" with Beth Azor at ICSC 2019 in Las Vegas. Beth talks about how she got into real estate, what changes she's seen during her career, and what most people are WASTING their time doing!...
The process of acquiring commercial real estate through US Bankruptcy Court-ordered dispositions can be hard to wrap your brain around. Especially with the lack of resources out there giving clear answers on the subject. Yet there are great deals to be made by buyers that: can move quickly to seize opportunities, are willing to be patient while the process plays...
No obligation. Takes under two minutes.