Your Complete Resource for Commercial Real Estate
Posts tagged Commercial
CoStarGo™ App Wows Dallas Commercial Real Estate Brokers
Aug 13th
On Monday, July 25, 2011 — CoStar founder and CEO Andrew Florance introduced CoStarGo™ to over one hundred commercial real estate brokers in Dallas. The event, held at the Ritz-Carltown was a success, as CoStar demonstrated for brokers how to use the iPad app to access the most comprehensive commercial real estate information source available. www.CoStarGo.com Senior professionals from the following firms commented on the app in this video, including: Henry S. Miller Brokerage, LLC, Red Oak Realty, Transwestern Dallas, CASE Commercial Real Estate Partners and Gaedeke Group LLC. CoStarGo™ brings together features and content from our Property, Comps and Tenant databases in a single, seamless, location-aware mobile interface. It is easy to use and will change the way our clients interact with our products. CoStarGo™ makes the commercial real estate professional totally mobile, more efficient and armed with the power of CoStar wherever they are. Clients tell us it will make them more productive and impress their clients.
Video Rating: 5 / 5
CoStarGo™ App Wows Indianapolis Commercial Real Estate Brokers
Aug 13th
On August 4, 2011 — CoStar introduced CoStarGo™ to over about fifty commercial real estate brokers in Indianapolis. The event, held at the JW Marriott, was a success, as CoStar demonstrated for brokers how to use the iPad app to access the most comprehensive commercial real estate information source available. www.CoStarGo.com Senior professionals from the following firms commented on the app in this video, including: Cassidy Turley, Colliers International, CB Richard Ellis, Ambrose Property Group and Alliance Commercial Real Estate. CoStarGo™ brings together features and content from our Property, Comps and Tenant databases in a single, seamless, location-aware mobile interface. It is easy to use and will change the way our clients interact with our products. CoStarGo™ makes the commercial real estate professional totally mobile, more efficient and armed with the power of CoStar wherever they are. Clients tell us it will make them more productive and impress their clients..
On August 5, 2011 — CoStar introduced CoStarGo™ to over fifty commercial real estate brokers in Minneapolis. The event, held Radisson Plaza, was a success, as CoStar demonstrated for brokers how to use the iPad app to access the most comprehensive commercial real estate information source available. www.CoStarGo.com Senior professionals from the following firms commented on the app in this video, including: CB Richard Ellis, Jones Lang LaSalle, Moore & Company and Frauenshuh Inc. CoStarGo™ brings together features and content from our Property, Comps and Tenant databases in a single, seamless, location-aware mobile interface. It is easy to use and will change the way our clients interact with our products. CoStarGo™ makes the commercial real estate professional totally mobile, more efficient and armed with the power of CoStar wherever they are. Clients tell us it will make them more productive and impress their clients.
13920 W CAMINO DEL SOL, DRIVE-BY Commercial Lease
Aug 13th
Quick drive-by of this commercial space for rent..00/sf Modified Gross Lease Rate. sunwest.epropertysites.com?rs=youtube This Sun City West Commercial Office Lease is listed with Phill Tomlinson and Eric Butler with Commercial Properties, Inc. It has 3 Suites available with a lease rate of .00 Modified Gross. Located at the Sun West Professional Building in Sun City West .Go to our Loopnet page at www.commercialrealestateaz.com for more info on this Sun City West Commercial Office Lease.
.00/sf Triple Net NNN Lease Rate. arrowheadprofessional.epropertysites.com?rs=youtube This Commercial Office Lease in Glendale Arizona Property at 18001 N. 79th Ave is listed with Phill Tomlinson and Eric Butler at Commercial Properties, Inc. This Commercial Office Lease in Glendale Arizona has 3 Office Suites available ranging from 864sf to 2776sf. These Office Suites are leasing at NNN Triple Net NNN. Here is a breakdown of the Commercial Office Lease in Gl…
how can one get into commercial real estate investing?
Aug 11th
Question by Curious: how can one get into commercial real estate investing?
how much money does one need to start?
is it easy?
do u need a college degree?
how much money can you expect to make in the first year?
how much money can you expect to make after that?
Best answer:
Answer by Joe_know_it_all
I take it you mean a commericial real estate business. you can invest in commercial real estate through securities (REIT’s) Real Estate Investment Trusts. They can yield you 25-30% return in good years.. others can be -15%.
If your looking to start a business, you best be very smart and have a degree in finance, enteurpeurship or other business oriented degree to crunch the numbers. You will need to buy a mortgage in order to buy the your first piece of real estate.. this best be done after extensive community research and study to the area, demographics, and how hard it would be to maintain clients in the lease area. The hard ecomony is going to put some small companies in hardships and your mortgage is going to be expensive.
Here is an example
You buy a 12,000 sq ft building with 10 lease lots for 0,000. each lot can be leased per month for 1,200 dollars. Say you leased 8 of the 10 units. You would bring in 9,600 dollars a month.. Now time to pay the morgage, if you put decent money down 50K or more, you could get a lower interest rate at lets say 5%. This would be very low for the estimate and the monthly mortgage payment would be ,000 per month for the next 15 years, abolute bare minimum.. and probably the most your commerical building would yield would be 80%-90% leased out. Some building can fall to 20-30% full.. that would yield you 3,600 dollar a month and barely paying your mortgage. We havent even calculated taxes into this mess which will whipe out about 1/3 of your income. The point is, it is not easy to run, not easy to estimate and takes alot of work and advertising just to lease. Best pick a very high trafficed area or have leasees that are long term and will lease for years and years to come.
but if business is good, and you remain full leased for 15 years you will get paid off.. Even after 1 year of full leasing you could yield. 6k a month for a year or ,000 before taxes. You also havent paid maintence, other employees, etc. Not an easy business to get into, especially now a days with mortgages being stingy and real estate still being 10-20% overpriced. LOCATION, LOCATION, LOCATION.
PS i own a commerical real estate company. only i started 35 years ago.
Add your own answer in the comments!
Related Blogs
- Related Blogs on Commercial
- Overview of Commercial Light Pole Installation For Parking Lots …
- Commercial paper perspective on the crisis « Mostly Economics
- How To Research Your Commercial Property Acquisition | Article Toucan
- Free Lyrics
- Related Blogs on Estate
- Look Younger
- Related Blogs on into
- Saturday Into Sunday – Rollo & Grady: Los Angeles Music Blog
- Riding the High Country » Blog Archive » Journey into Fear
- Related Blogs on Investing
- Offshore Investing
- ETF DAILY NEWS » Liquidity Is Key When Investing In ETFs (QQQQ …
- Investing in Mutual Funds | Finance
- Related Blogs on Real
- Mainstream media burying the real news « Din Merican: the …
Becoming a RE/MAX Commercial Office
Aug 10th
RE/MAX offices around the world are creating commercial divisions in their office to serve a growing number of investors and retail clients. Find out how you can do the same and go to www.remaxcommerical.com for more information.
Video Rating: 5 / 5
Commercial Lease Space for Rent 965 E. Van Buren
Aug 10th
Lease Rate is .00/sf to .00/sf Triple Net NNN Lease. 965vanburen.epropertysites.com?rs=youtube For questions or to schedule a Tour on this Commercial Retail Lease in Avondale Arizona, contact Phill Tomlinson 480-330-8897 or Eric Butler 602-809-6570. You can also visit our Loopnet website at www.commercialrealestateaz.com.
Video Rating: 0 / 5
Commercial Real Estate/Business Broker career?
Aug 9th
Question by CSUflyer: Commercial Real Estate/Business Broker career?
I have a degree in finance/real estate from major 4 year public university. I have about 2 years of somewhat irrelevant work experience doing administrative tasks in the work force. I am on track to be a licensed real estate agent for the state of Georgia in about 3 weeks among other resume builders such as a pilots license, etc. and am looking for a start in commercial real estate and possibly an ultimate career brokering busineses for sale. It seems difficult to find good info available on job descriptions. What are the best companies to look at? Anyone from the industry have any comments on the field? How about commission levels, etc? What’s a good path to take? Do you suggest jumping right in or starting in residential first? How about an internship or finding a mentor? Anything helps. Thanx!
Best answer:
Answer by hunter2
Start interviewing now. Call some commercial brokerage houses in your area and tell them I’m about to be licensed and want to talk about starting at your firm.
Since you are commission only, of course they want you. The more the merrier. Go in with the attitude of what are they going to do to help you become a success. You know you’ll do the work. But what do they offer you? Getting a job at a commission only position is like rolling off a log, of course they’ll hire you if you appear to be intelligent enought to walk and look the part.
But what you need is good training and lots of it for free. So be cautious about any company that doesn’t boast long and loud about their training program.
Some Coldwell Banker offices have commercial division. I’d start with a warm and fuzzy place like that first to get your feet wet.
This is the revers hiring interview. You are checking them out to see why you should start there and make them a fortune off of your efforts.
What do you think? Answer below!
Dubai Office Commercial Real Estate |Property in Dubai Land for Sale
Aug 9th
commercialrealestate.neardubailocalarea.com Commercial Real Estate, Property in Dubai, Office in Dubai or Land for Sale in Dubai. Learn more about our integrated services for all of your commercial real estate needs. Call a professional today!
Video Rating: 5 / 5
CoStarGo™ App Wows New York Commercial Real Estate Brokers
Aug 7th
On Wednesday, July 27, 2011 — CoStar founder and CEO Andrew Florance introduced CoStarGo™ to over one hundred commercial real estate brokers in New York City. The event, held at the the CoStar New York City office was a success, as CoStar demonstrated for brokers how to use the iPad app to access the most comprehensive commercial real estate information source available. www.CoStarGo.com Senior professionals from the following firms commented on the app in this video, including: Jones Lang La Salle, Promenade Real Estate Corp., Time Equities Inc., Colliers International, Retail Service Group – Lansco, Sierra Realty, Savitt Partners LLC, NAI Global NYC and Besen and Associates. CoStarGo™ brings together features and content from our Property, Comps and Tenant databases in a single, seamless, location-aware mobile interface. It is easy to use and will change the way our clients interact with our products. CoStarGo™ makes the commercial real estate professional totally mobile, more efficient and armed with the power of CoStar wherever they are. Clients tell us it will make them more productive and impress their clients.
Recent Comments