09 Mar Spanish Town Office Space in Downtown Baton Rouge – The Best of Both Worlds
Most people in Baton Rouge are probably familiar with the Spanish Town neighborhood. Beautiful homes, incredible architecture, and classic Southern charm. Some people might think that in order to be a part of this incredible neighborhood you simply have to buy a house here. Well I'm here to tell you that most of those people would be wrong. 611 North Street,...
28 Feb The Right and Wrong Way to Divide a Market into Submarkets
Has anyone ever attempted to create submarkets? When analyzing trends in a real estate market, it can be very helpful to divide that market into submarkets because stats such as sale prices and transaction volume can differ greatly from one pocket of a Parish / County to another. Here are the submarkets Elifin Realty created for one of our recent research reports...
28 Jan Mathew Laborde on The Patty-G Show with Patrick Gremillion
Mathew Laborde was a guest on The Patty-G Show recently. Patrick Gremillion hosts The Patty-G Show, a podcast for thought provoking business discussions with people from all walks of life! Episode description: "On this wonderful episode #14 I sit down with none other than Matthew Laborde with Elifin Realty. We talk all things commercial real estate and so many things...
31 Dec How competitive is commercial real estate?
Selling commercial real estate may be a competitive and possibly stressful job, however you do not need to be aggressive or cutthroat in your business practices to do very well in the industry. If you are able to convert leads and continually bring in a new string of business, even in market turns, you will have a competitive edge over...
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...
23 Dec How Do I Choose the Right Commercial Real Estate Broker?
When you’re ready to list your commercial real estate, whether it’s an investment property or a brick and mortar storefront you used for your business, one question looms large: How do I choose the right commercial real estate broker? There are a few things to take into consideration, including the size of the brokerage, their location, and whether or not you connect...
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...