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There are several different types of home equity lines of credit.

1031 Exchange for Commercial Real Estate

A 1031 exchange is defined under section 1031 of the Internal Revenue Code. This code states that if an asset, usually some kind of real estate like land or building, is sold and the proceeds of the sale are reinvested in a similar kind of asset, then no gain or loss is recognized, permitting the deferment of capital gains taxes. A 1031 exchange is also called Like Kind exchange.

If an investor buys a commercial property and sells the property profitably after a period of time, he has to pay capital gains tax on that amount. But if the investor invests the amount in another commercial real estate, then he is not required to pay any tax, in which case, he defers his taxes till a later date.

To qualify for a 1031 exchange, both the relinquished property and the replacement property must be held for investment or for productive use in some business. You cannot exchange a personal residence. Once the investor decides to pursue a 1031 exchange, a Qualified Intermediary (QI) has to handle the proceedings. Then the commercial property is put on the market and the offer to buy the property is accepted. Escrow for the sale is opened and a preliminary title report is produced. The QI sends the necessary exchange documents to escrow closer for signing at property closing. Within the initial 45 days after the close of escrow on the sale of the handover property, the investor has to identify a replacement property as per law. Within 180 days after the close of escrow on the sale of the relinquished commercial property, the investor closes on replacement property that was identified by them, thus completing the exchange.

The most difficult part of 1031 exchange is the identifying of replacement property by the investor within a period of 45 days following the sale of the commercial property. The Internal Revenue Code is very strict and no extensions are allowed. It is best to carefully think about your replacement property alternatives before you chose to sell your property.

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The bank will have the authority to repossess the property should you fail to meet the terms as outlined in the mortgage documents.

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I have taken these photos in order to use them for 3D modeling. I like mapping images onto surfaces, and putting decals onto them. These photos are raw JPEGs which haven’t undergone any treatment at all - no reduction, no re-sizing, no auto contrast or auto levels or anything. Please feel free to grab anything you like and use it for your projects. Some may require cropping and sharpening, colour calibration, etc., but you surely know all that. Best of luck with your projects.

Beginners Guide to Your Commercial Real Estate Lease

Trying to completely cover the leasing process in a few paragraphs would be understating its importance. Your rent will be one of, if not the single largest monthly expense. Upon finding a location satisfactory, you must then be able to negotiate the lease to terms which will facilitate your startup, coincide with your anticipated opening (which in our industry is imperative), insure your long-term profitability, and make it possible for you to sell your business in time to someone who may continue on successfully. In order to do so, you must understand that everything is negotiable in a lease. Anything is fair game for discussion. And the stronger your business plan and financials, you will find the more flexible landlords will be.

Negotiating a commercial real estate lease needn’t be a battle. Remember, and you shouldn?t have to remind the landlord of this, that it is in both of your best interests that you are successful. If you lease on bad terms, you go out of business, and they have no tenant. In fact, many landlords now recognize that providing “superior tenant service” begins by making the lease negotiation process as simple and efficient for tenants as possible. As important as it is to arrive at a lease agreement that meets the needs of both tenant and landlord, long delays over minor details serve neither party.

It has become more commonplace that landlords have ?standard? alternate clauses prepared to substitute should the situation dictate. This prevents delays in legal counsel having to re-prepare specific language repeatedly.

If you choose to deal with an agent, make sure that they are looking out for YOUR best interest. Just hiring an agent doesn?t commit them to your success. Bear in mind that oftentimes they are going to be paid by the landlord for filling the space. Building a relationship with your agent can be done, just as building a relationship with your banker, your realtor you bought your home with, or your advertising agent ? with communication. Ask around, ask other agents, ask the agent questions, leave nothing to question.

Terminology

Some basic terminology, to simplify the explanation process.

Request For Proposal (RFP): To be sent, via your agent, to the landlord to request a copy of their standard lease form agreement. The RFP will address many important issues but should always include a section outlining the tenant’s expectations with respect to Common Area Maintenance (CAM) and Tax Escalation.

Standard Lease Form Agreement: The standard lease that every landlord has prepared for any commercial property up for lease. Terms and language may differ from property to property, landlord to landlord, but remain very similar in structure.

Base Rent: The asking price for the space itself, not including any taxes, maintenance, insurance, or any type of financed money that may be used for buildout.

CAM: Common Area Maintenance. Do not assume or mistake CAM for Triple Net, or you may be in for a surprise.

Triple Net: The total between the CAM, taxes, and insurance. Depending on the number of other tenants, you may pay a pro-rata share of this cost, or if you are a free-standing unit, you may have the entire cost.

Gross Rent: The base rent plus the Triple Net. This should be the amount you expect to pay throughout the lease.

Vanilla Box: Very vague terminology that can vary tremendously. Generally defined as primed drywall shell, concrete floor, basic commercial lighting, electrical to breaker box, and basic HVAC. Depending on the landlord?s understanding of a ?vanilla box?, you may walk into more or less than this. Make sure the ?vanilla box? is clearly defined in the lease.

CPI: Consumer Price Index. CPI is a government derived number to measure the value of a dollar relative to previous years. CPI is typically the factor used to figure any increase in lease amounts from year to year or during option periods because the government updates the number on regular intervals and it is easily accessed.

Build Out: Also called TI, or Tenant Improvement. This is the amount of money estimated to go from ?vanilla box?, to a finished club minus equipment. Build out is a major bargaining tool for you, especially while trying to startup with little cash on hand.

Option Periods: Option periods are the time periods, if any, following the initial lease period. Option periods are very important because of the potential fluctuation of lease amounts that may occur. This reveals the importance of the CPI and asking for a cap on the increase. You must define as stringently as possible the costs operating in the future of your business. If not, you may end up paying whatever the market will bear, and that could either put you out of business, kill your profits or business value, or make is simply impossible to sell.

Before getting into specifics of the lease, remember your objective: Secure the space you want, at the best rate possible, keeping as much money in your pocket as possible, until you decide you want to/are able to, sell at a good price to someone who can continue to make money. When you sell your business you are selling this lease also, so make sure you negotiate with that in mind.

A brief overview of the basics of a lease:

An initial lease period of (x) years, option periods to extend after the initial period. If the landlord is uncomfortable with the option periods, you may extend your initial period to 7 or even 10 years, depending on your assessment of the area. For a longer lease term, if your business plan and financials are strong enough, you may negotiate for a lower lease amount per square foot. Security over a longer duration is more valuable to the landlord than high dollar, short term, shaky tenants.

When negotiating option periods, your objective is to define your future rent as accurately as possible. To do so, the rent should be adjusted relative to the CPI, and a cap of no more than three percent yearly should be in place.

I recommend asking for a number of months free rent and/or half rent for several months, from the date the Certificate of Occupancy is issued. Your business needs time to get healthy and grow, and this no rent/reduced rent period facilitates that.

When negotiating the buildout, the ideal scenario for you would be that the entire amount will be paid by the landlord. Again, if you have the financials and the business plan, the likelihood of this happening goes up. Even if you don?t have strong statements, you can still get some help here. You may get a percentage of the buildout paid for (ideally the larger ticket items ? HVAC, electrical, etc.), or the landlord may factor the amount into your lease and you repay it over time, or a combination. Be careful that any concession on the landlord?s behalf isn?t overcompensated for in your dollars per square foot lease amount. If the landlord refuses to pay for any of the buildout, you may have to get them to move on the free/discounted rent duration, or some other facet of the lease.

You should be able to sublet space in your own space to another small, related business. This may be chiropractic, massage, or physical therapy. All considerations should be included, from insurance and liability to the access to the building allowed to these subcontractors.

There should also be a specific clause in the lease pertaining to your right to assign the lease without undue landlord interference. At any point you decide it is time for you to sell, dealing with a generic right to assign clause is a headache you want to avoid. This is a clause that you may want to have your attorney draw up, to make sure it is strong enough to prevent a problem.

The Lease should contain exclusions that the landlord will not accept competing businesses in the same center or specified area. This should include all other fitness centers, and may include tanning centers, weight loss centers, supplement stores/juice bars, massage therapists, etc.

Signage should not be overlooked by the tenant, as you can be sure that the landlord hasn?t. First, make sure of your legal rights in your community as they relate to signage. Research sign codes and get in writing exactly what those rights and codes are from the landlord. It must be absolutely clear to both parties exactly what the expectations are with the signage. Size, colors, attachment, etc., all have to be defined and understood in order to avoid any last minute surprises due to violations.

One final note, but certainly not lacking in importance, is the required guarantee on the lease. Similar to banks, most landlords will want you to sign as a business, as a personal guarantor, and possibly a co-signor will be needed. It is in your best interest personally to not sign as a personal guarantor, if at all possible. If the business guarantees the lease, and something goes wrong, the business is liable, but you are not personally. If you personally guarantee the lease, then the landlord may come after your personal assets to satisfy the amount of the lease. This is extremely important if you are involved in a partnership or corporate entity in which the financial burden is unbalanced, meaning someone in the group has more to lose financially. The personal guarantee will also reflect directly on each person?s financial statements. This will be very important when you decide, either individually or as a company, to borrow more money. All of this should be addressed in the business plan ahead of time. If the financials are strong, you may be able to sign as a business, and not worry about the personal guarantee. If not, one way to negotiate is to ask for a clause which will let you sign personally for a designated time period, and then if your business and financial statements are healthy enough, to resign as a business only, removing the personal guarantee, and continuing the remainder of the lease.

To increase the likelihood that you sign the lease that you need and are going to get what you pay for, make sure that you:

? Describe in detail the landlord’s responsibilities to tenant. For example, a carefully drafted lease will set forth the hours during which heating and air conditioning will be provided and will establish agreed-to temperature and humidity ranges.

? Define what constitutes a default by the landlord and describe the remedies available to the tenant if the landlord fails to perform its obligations. Many landlord lease forms eliminate these provisions entirely or severely water down the remedies available to the tenant.

? Provide a method for quick, inexpensive and final resolution of any disputes over the lease.

? Don?t get too emotional about a space or time frame, and make sure you have your money before you sign for anything.

? Negotiate for the future of your business.

Other ideas to consider further:

Option to buy property

Sound proofing the location.

Rent averaging ? lower rate escalating yearly to higher rate.

Substantial and Partial Destruction and Timely Remedies.

Chandler AZ Real Estate

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In fact, the best mortgage rates are available on the loan of the shortest duration.

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Let Your Title Company Get the Facts About Your Commercial Real Estate Purchase

With so many elements of risk within the commercial real estate industry, it is a smart idea to protect yourself and your assets whenever possible. Risk can be found from the beginning of the deal process to the end. With so many chances for mishaps and information, and the constant need to triple verify every fact surrounding a property, the city and funding, the more you can protect yourself the better.

Commercial real estate is ‘buyer beware’ so the purchaser is ultimately responsible for all facts going into buying a property. Escrow companies, title companies, and lawyers can all play a vital role in your success. The escrow process is extremely important.

Escrows are simply an arrangement where a third party holds the necessary documents, funds, or other properties to be transferred between two parties. The third party does not transfer anything until they are instructed to do so by each party and they have the necessary documentation stating that each party is in agreement with terms and everything is set for escrow to be closed- or the properties transferred from one party to the other.

In a commercial real estate transaction, the third party can hold documents from the buyer, the seller, and funds from the commercial lender. When the parties are in agreement, the escrow agents simply make sure that all items are distributed properly and into the correct hands. This saves the buyer, seller or lender from having to worry that one of the parties will not transfer the funds or other documents. Every party is protected because the proper forms are in the hands of the escrow agents with no personal investment in the deal. Every party can count on receiving the properties that were previously agreed upon in the contract.

If there is no escrow, there is room for a dishonest buyer or seller to either not transfer the proper documents or funds and get away or have some excuse as to why he or she is not delivering what was promised on the previous contract. Or perhaps they could show an overlooked conditional clause that allows them to alter from the stated claim and agreement.

Escrows can be companies within themselves, lawyers or title companies. Some investor have companies or people that they work with all the time, and they insist on using those people or companies because they know they have no personal interest in the deals. There can be fraud that occurs where an escrow company or agent secretly has interest in the deal and can play the deal in the person’s favor- with the buyer or the seller, whomever they are working with.

Always be sure to check the references of the escrow company or agent before agreeing upon a third party. For those people who will only use their company, make sure the company is reputable before conducting business.

Title companies are companies that specialize in researching public records to determine the status of a title to a specific property. The purchaser must find out if there are any liens or encumbrances on the property before purchase so the matter can be resolved before purchase by the seller.

Entire reports can be made regarding title of real property transactions which is used to issue title insurance. A title report is pulled at the beginning of escrow so the buyer can see the full status of the title of the property. This first or preliminary report then becomes a final report when title insurance has been issued. Title insurance protects the buyer from wrong information. The title company does not guarantee or otherwise have a law that surrounds the fact that their information on the title report was not accurate.

Title insurance is not necessary. The parties may choose to forego the insurance (which it is customary for the seller to pay) and incur the risk of the transfer of the property. This is not recommended for those who do not know each other well or have full trust in all parties involved.

Lawyers can also act as escrow agents, performing the same duties as an escrow company can. Again, it is imperative that you believe that this third party is acting with no personal interest.

With so many chances for problems to erupt, you can bet that they will. It is not a matter of if they will; it is a matter of when and how big the problem is going to be. The more you are aware of this issue, the better you can prevent anything from seriously threatening your commercial real estate investment endeavors and assets.

Specializing in commercial and investment real estate, Tony Seruga, Yolanda Seruga and Yolanda Bishop are always searching for new and profitable commercial properties across the U.S. Visit www.maverickrei.com for more great information.

About the Author

Tony Seruga, Yolanda Seruga and Yolanda Bishop of Maverick Real Estate Investments, Inc. work with builders, developers and other players in the commercial real estate industry to acquire and develop properties. They use progressive investment strategies that have proved extremely profitable. In addition to their own deals, they teach both seasoned and inexperienced investors how to be big players in the game. Visit the website for more info.

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You should be careful when putting your house as collateral because you could loose your house if you fail to pay your debt.

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Fort Washington, completed in 1824, guarded the river approach to Washington, DC for nearly a century. Its predecessor, Fort Warburton, was destroyed by retreating Americans during the British invasion. Fort Washington never fired a shot in anger, but it

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Fort Washington, completed in 1824, guarded the river approach to Washington, DC for nearly a century. Its predecessor, Fort Warburton, was destroyed by retreating Americans during the British invasion. Fort Washington never fired a shot in anger, but it

by shukhevych

Great Profits From Flipping Commercial Real Estate

If you have ever thought about real estate flipping you are not alone. But instead of only looking into residential flipping, why not consider other options as well?

More particularly, flipping commercial real estate as a way to make money. Commercial real estate is property where people can do business. For example, office buildings or retail properties are considered commercial real estate.

This is how it works:

You will buy a piece of commercial real estate for a low price, and then fix it up. When you are done with all the repairs, the last thing that you have to do is sell the property. This is when you will realize how much money you are going to make. Sometimes you can make hundreds of thousands of dollars flipping commercial real estate, and other times you may not come out on top at all. In other words, there are not guarantees when flipping commercial real estate.

In addition to flipping commercial real estate when you sell it during the last step, you may also want to look into the option of renting the property out as well. Of course you will not get a lot of money up front if you do this, but in the long run you may make more than you ever thought possible.

The key to being a success when flipping commercial real estate is finding the right properties. After all, if you buy properties that cannot be fixed up and sold for a profit you are not doing yourself any good. When you first start out with flipping commercial real estate you may not know exactly what to buy; this is to be expected. But as you become more experienced with flipping commercial real estate you will know which properties are the best for your needs, as well as which ones you should stay away from.

Flipping commercial real estate is not quite as popular as dealing with residential properties. There are usually fewer commercial properties available than residential properties. But with that being said, if you keep an open mind flipping commercial real estate is more than possible.

Overall, flipping commercial real estate can be quite profitable. You may not come into the big money early on, but if you stick with things you will be a success sooner rather than later. And who knows, you may be the next person to make millions by flipping commercial real estate. It could happen to you!

About the Author:

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While direct student loan consolidation may be the best way to get on top of student loans for some, if you are close to paying off your existing loans, it may not be worth it in the long run to consolidate or extend your payments.

Commercial Real Estate Refinancing: Eliminate Bad Credit Cheaply & Get A Better Financing Rate

So you had a financial crisis happened to you, well believe it or not most people have. But it is up to you if you want to continue living life in a hole!

Bad things happen to good people. You have bad credit? well that is the past so get over it! You need to make a change now. Don?t look at what happened to you and have it go over and over in your head. Break that broken record. That will only cause more stress then you can handle and additional headaches.

You need to take action now and move forward in your life with a new attitude and eliminate bad credit scores.

Check your Credit Report

Your first step is to pull your credit report to see what the damage is. There are three credit bureaus that collect data on you: TransUnion, Equifax and Experian.

You need to receive a report from each of the three agencies to see what they are saying about you. A lot of times, they have incorrect info on you, but it is your responsibility to tell them.

Each bureau is required to provide you with one free credit report per year if you request. Here is a link to receive a copy of the FREE Credit Report from each of the credit agencies:

https://www.annualcreditreport.com

These Free credit reports only provide the details of the credit report, which is really all you need to make corrections. They do charge small fees if you want to get your score.

Is Good Info Missing??

Each agency can have different information of each of the credit reports. So check each one carefully. If you have, one lender which you are paying timely but is not listed on the credit report, write the lender and tell them to report it to the agency which it is not showing on their report. If the lender won?t do this, write to the credit bureau with proof of statements and cancelled checks and the credit agency should post it to the credit report.

Re-aging

If you have an account which you were current for the last 12 months, write to the lender and ask them to re-age your account. This way all the old late payments (over 12 months old) will be out of the calculation and improve your score.

Stay on Top of Things

Make sure you continue to check with each bureau to make sure everything is accurate at least once a year.

When you write to each credit agency, they will provide dispute id # to you and you can continue to dispute items until everything is accurate and they will send the detail credit report to you to check what they have updated for free.

Don?t use more than 50% of available credit on each credit card. Anything over that can reduce your score.

Be Patient

It takes awhile to do this but it will be worth it!

Thanks for reading and learning

Real Estate

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Bad credit can increase the difficulty that a homeowner encounters when seeking a home equity line of credit.

Miami Commercial Real Estate 2006

Miami’s commercial real estate market has been maintaining its momentum, despite the fact that property owners wrestle with escalating insurance costs due to Hurricanes Katrina and Wilma last year. The Miami commercial real estate sectors for office, retail, warehouse and rental apartments consistently declared increasing rents concurrently with decreasing vacancy rates for the first quarter, according to a real-estate research firm based in Boston.

As of the moment, real estate investors remain eager to immerse into the activity in the Miami commercial real estate market. Many of these investors are beguiled by Miami?s stable population growth over the year, as well by its continuously mounting international prominence. The population in Miami rose to 2.4 million in the first quarter of this year, which is about 1% higher than the same period in the previous year.

While Miami continues to be the center of gravity of Latin American finance, it also has been able to attract a growing volume of investment from Europe. This has made Miami a much more stable arena for investment, thereby reinforcing its potential to attract more investors even further.

Generally, the relatively diminishing hunt for condominiums has opened up more land available for new office developments that compete for occupants, thereby strengthening the office market. Meanwhile, larger corporate investors have been snapping up properties from smaller private investors, which effectively is capable of setting the level of Miami commercial real estate property sales higher than last year?s levels.

A New York real-estate research firm has concluded from their study that average sale prices of Miami commercial real estate retail properties climbed from $156 per square foot in 2005 to $221 per square foot this year through June 29. This figure is also well above the national average of $154 a square foot. The average sale prices for office properties also significantly scaled higher from $164 per square foot in 2005 to $213 per square foot this year. This figure slightly margins national average of $211 per square foot.

This year, a total of around 2.1 million square feet of retail space is projected for completion this year. The figure is 74% higher over the same period last year. Moreover, some office space projects are also being anticipated for completion within 2006. Rilea Group? Alan Ojeda is currently undertaking negotiations for a project that was originally proposed as residential units. The project is set to construct a 580,000-square-foot office building located at 1450 Brickell Avenue at the heart of Miami’s financial district.

However, the pace of Miami?s economy appears to be downshifting because of a high cost of living which is 11% above the national average and slowing employment growth rate. Employment growth from May 2005 to this year also declined to about 1.5% from the 2.7% rate for May 2004 to May 2005 as evident from the data of the Bureau of Labor Statistics. Moreover, insurance premiums have also soared. Some commercial building owners have been experiencing difficulties in getting insurance coverage for the damages incurred from Hurricane Wilma. Espirito Santo Plaza, which is a 1.2 million-square-foot multi-purpose building used as office, condominium and hotel is paying $5.8 million this current year for 50% of the total wind insurance coverage it obtained last year at $1 million. The burden of insurance premiums on operating costs of commercial buildings can be quite heavy.

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The first thing to consider for 2nd mortgage is the reason behind you going for the second mortgage.

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Commercial Real Estate Market in Florida

Florida commercial real estate market is showing signs of recovery after a brief quiet period following two recent hurricanes that struck the Sunny State. Commercial real estate for arcades and shopping malls is seeing a metamorphosis in order to adapt to the needs of the current-day shopper. Generally, real estate prices in Florida have consistently been showing an upward trend for the past couple of months. Florida commercial real estate re-sales are on the rise as well. The most eager of real estate buyers come from minority groups such as Latin Americans and Asians. Open-air commercial real estate is a new concept in Florida that is recently taking charge. Shopping centers are the typical applications of this real estate concept. Open-air shopping centers are a variation on group retailing. Hence, shopping centers constitute a core segment of the Florida commercial real estate sector. Enclosed malls are slowly relinquishing their dominance to open-air centers because of the distinguishing feature that open-air centers offer more retail space than traditional walled malls. Commercial real estate for shopping is thus manifesting novel trends. Adaptation is the key to survival in the commercial real estate business in Florida. Redevelopment of the commercial property is the most practical action that the property owners should do. Convenience and ambience are top factors that current-day shoppers consider.

For those who are looking for a commercial property in Florida, recognizing the type of business to venture into as well as the choice of desired location are two important things to consider. There exists a wide variety of commercial property types that clients might be interested in, from retail establishments to office spaces.

Commercial real estate properties are generally classified into two major categories, namely retail properties and investment properties. The category of retail properties covers shopping malls and shopping centers, chain store locations, franchise sites, retail shops and locations, and showrooms. The category of investment properties includes commercial rental properties, residential developments, net leased properties, office spaces, and business parks.

The categories for commercial real estate locations are high-tech property areas which include those for medical laboratories, research and development parks, and call centers; land brokerages, which cover sites allotted for industrial parks, waterfront properties, land tracts, and resort properties; hotel and resort property category, which are exemplified by locations for hotels, motels, stadiums, convention centers and theme parks sites; and industrial and distribution property locations for warehouses, airports and factories.

Despite high prices, Florida is generally an attractive place where one could start up a business. Florida offers a lot of potential sites to situate enterprises, and all of these have a high chance of creating substantial returns. Some areas that could stir your interest are Martin, Miami-Dade, Broward, St.Lucie and Palm Beach Counties in South Florida; Sarasota and Manatee Counties in Sarasota; Hillsborough, Pasco and Pinellas Counties in Tampa Bay; Fort Myers and Cape Coral area in Southwest Florida; Orange, Seminole, Lake, Polk, Osceola and West Volusia Counties in Orlando/Central Florida; Leon, Franklin, Jefferson and Wakulla Counties in the Tallahassee area; and Duval, Clay, Putnam and Nassau Counties in Jacksonville/Northeast Florida.

Whichever area particular you choose the attractiveness of this region to tourists and foreign investors ensure that obtaining a property in the Florida commercial real estate is something that will benefit you in the long run.

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After completion of bad credit home loan, plan to refinance in about three years, by which you should be back in good credit, if you have kept up regular repayments.

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Top 10 Clues you are Working with a Commercial Real Estate Dealmaker

What makes a successful commercial real estate dealmaker? While not everyone aspires to be a Donald Trump, many will agree he does indeed have qualities of a successful commercial real estate dealmaker.

But specifically what are the qualities of a successful real estate dealmaker? What’s the difference that makes the difference? How do you know one when you see one?

After spending a good many years in the commercial real estate investment arena, I have become pretty adept at spotting them. And frankly, they are a joy to do business with. Here’s why:

Ten Clues Your Working with a Dealmaker

* Clue #1: Dealmakers are KNOWLEDGABLE. They know their market, knows his financial wherewithal in cash and credit, they know their criteria for an investment property, they know how to reduce the gap between the offered price and asking price, they know how to close deals–but most importantly: In essence, they know how to make a decision when the opportunity arises.

* Clue #2: Dealmakers use the tools of financial analysis to quickly size up a property’s potential. They know what to look for in financial statements and they retain sound counsel regarding the legal and financial decisions.

* Clue #3: Dealmakers make a constant commitment to understanding their market and refining their criteria for acquisition. You can tell by the questions they ask. They are prepared. They are thorough. They have researched the market, know what to look for, and don’t waste time looking at properties don’t not fit their profile.

* Clue #4: Dealmakers have financing already in place. They have bank references and track record that indicates they can perform. They maintain established lending relationships, can bid an all-cash price, or can assume existing loans depending on the unique requirements of each deal.

* Clue #5: Dealmakers know how they will manage and improve a property for profitability and increased equity. During their due diligence, one of their major focuses is on anticipated costs so they can factor them into their plans.

* Clue #6: A dealmaker knows it is vitally important to examine a property’s trend of operations over several years, rather than looking at just the current financial statements. This affords them a longer term perspective, once the anomalies have been filtered out.

* Clue #7: When determining the valuation on the operations, the dealmaker will use a average, forward-looking projection that reflects his own operation of the property and the effects of his own improvement plan (rather than use the owner’s stated the valuation on the operations).

* Clue #8: A dealmaker is FLEXIBLE. A dealmaker knows success is about fulfilling the seller’s most pressing needs. They sincerely attempt to structure an offer to meet the seller’s needs, rather than attempt to make the one deal structure they are comfortable with fit every situation. In short, they want, have and use the options available to them.

* Clue #9: Dealmakers NEVER try negotiate every last penny because they know real profitability and increased equity will come from their own efforts to improve the property.

* Clue #10: Dealmakers want to develop a sound strategy and business plan for each property they acquire. Then they follow through on their plan.

In commercial real estate, it’s a common posturing strategy among beginners as well as experienced people alike to “talk the talk”. But when a person actually walks the walk, regardless of the size of their investment portfolio, I have incredible respect him or her.

A word of caution: Experience or years in the business is not a good indicator of being a dealmaker. Size of their portfolio makes little difference. Personality is factor because this is a people business, but it can sometimes be misleading.

The best indicator is their ability to “walk the walk”–and that takes a little time to determine with each person.

In summary, the real dealmakers make this business easy. They even make it enjoyable. They know what it takes to be successful and are willing to do it.

Specializing in commercial and investment real estate, Tony Seruga, Yolanda Seruga and Yolanda Bishop are always searching for new and profitable commercial properties across the U.S. Visit http://www.maverickrei.com for more great information.

About the Author

Tony Seruga, Yolanda Seruga and Yolanda Bishop of Maverick Real Estate Investments, Inc. work with builders, developers and other players in the commercial real estate industry to acquire and develop properties. They use progressive investment strategies that have proved extremely profitable. In addition to their own deals, they teach both seasoned and inexperienced investors how to be big players in the game. Visit the website for more info.

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“An excelent find properties for sale available in texas reference, it pays to do the research.”

“An excelent find properties for sale available in texas reference, it pays to do the research.”

With a fixed rate mortgage, your payments are the same for the life of the loan.

Buying Guides of Commercial Real Estate

Buying Guides of Commercial Real Estate

If you are looking for the perfect storefront or an apartment complex to generate some extra income, commercial real estate can be a solid investment. Halfvalue enables you to search for commercial real estate properties nationwide. These are few guidelines which will help you to buy a perfect commercial real estate.

* Find out Commercial Real Estate Commercial real estate is potentially any real estate other than a single-family home. The term generally applies to office buildings, apartment complexes, retail properties, warehouses, educational buildings, and manufacturing facilities. Commercial real estate can already have a business on it, like a gas station or a restaurant. It can also be unused space, like a vacant lot or mini-mall.

* Goals of Your Commercial Real Estate Buying commercial real estate can be a good way to invest your money. Most people start buying commercial real estate for one of the following reasons: a specific business use, extra rental income, or to build equity.

* Build equity with Commercial Real Estate Equity is the value of the owner’s share in a property. When you finance a large sale commercial real estate purchase, you’re borrowing the money from the bank and slowly paying the bank back. With each dollar you pay back, that much of your equity is growing. Think of it as the ultimate piggy bank, where every dollar you put in gives you a little more of the property. And if your commercial real estate property appreciates, that single dollar can end up being worth more than a dollar. As the value of your commercial real estate property increases over time, so does your equity.

* Plan Commercial Real Estate Investments No matter what kind of commercial real estate property you buy, real estate appreciation is usually a slow process. You’ll need to make a solid plan and account for potential problems.

* Finance Commercial Real Estate Before you secure financing, it’s important to know exactly what you can afford and how much risk you’re willing to accept. Determine whether the rental rates can support the expenses of the property, including but not limited to the loan payments, taxes, insurance premiums, and repair and maintenance.

* Pick the right Commercial property Before you can decide what kind of commercial real estate property you want to buy, it’s important to take into account your skills, ability, and the amount of time you want to put into it. If you can afford a 10-unit apartment complex but don’t have the time (or the stomach) to deal with 10 different tenants, then maybe a duplex is more your speed. If you’re a do-it-yourselfer, then maybe you can buy a fixer-upper and make more money by doing the work yourself.

* Tax and investment goals Consult an accountant and make sure you structure your investment to meet your tax and investment goals. There are many commercial real estate books available on Halfvalue to help. You learn more about buying commercial real estate property and how to make it work for you.

* Buy Commercial Real Estate With Confidence The information contained in this Buying Guide is intended for general information purposes only. You should conduct your own due diligence into all aspects of a real estate purchase and depending on your situation; you should get assistance from experts, including a licensed real estate broker, a property inspector, title/escrow company, attorney, and/or financial advisor.

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Related Links:

 Commercial Real Estate Buying Guide

 Land Buying Guide

 Buying land or homes online from a land seller

 Real Estate Buying Guide

 Residential Real Estate Buying Guide

Visit us at:

 http://www.halfvalue.com

 http://www.halfvalue.co.uk

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