If you’ve asked yourself this question before, you’re not the only one. In today’s world, Commercial Real Estate (CRE) investors are apart of an international, interconnected market that’s determined by fluctuations in the economies of all nations, whether they’re spending their dollars in the U.S. or Tokyo. In nations like the U.S. and Canada, foreign … Read more
Your presence online is more important than ever, more and more CRE brokers are seeking out opportunities to establish their online presence. With that in mind many seem to stray far away from the world of video, particularly YouTube and it’s influence on online users. Before you decide to opt out on creating YouTube videos … Read more
As you may know, Cap Rates are essential in any commercial real estate investment and having an accurate cap rate helps investors determine whether or not a property is worth the risk. We here at myNOI calculate local cap rates for all commercial property types on a daily basis, using our Local Cap Rate tool. … Read more
Whether you’re small business owner looking for a new place to sell your goods or you’re an accomplished investor gearing up to purchase your next commercial property — you should know the basics of a Commercial Real Estate (CRE) loan before putting pen to paper. We’ll get your gears turning with a quick rundown on … Read more
In Commercial Real Estate (CRE), it’s important to know the ABCs of investing.
Whether it be multi-family, office, retail or industrial, commercial properties are complicated to understand, sensitive to market fluctuations, challenging to valuate and, at times, hard to fill with long term, trustworthy tenants. For CRE investors, having the ability to identify the good from the bad and the ugly deal is the key to achieving success.
With the overwhelming amount of information out there, it can be difficult to navigate and determine what sources are providing the most accurate and relevant information. So we thought we’d give you the lowdown on which sites we go to to sharpen our own CRE knowledge and skills.
We understand how overwhelming and tiresome the work life can be and that’s why we here at myNOI try our very best to make it a little easier on you by doing all the work.
Seeking advice from an investment professional can be as risky as making a deal. “There is no such thing as a free lunch,” says the U.S. Securities and Exchange Commission (SEC). “Investment advisers and brokers do not perform their services as an act of charity. If they are working for you, they are getting paid … Read more
There are a number of different types of insurance policies that you may or may not need, but it never hurts to secure your commercial property and all the time and money you’ve invested in it.
There are countless books, articles, and blogs out there on the world of CRE, but we know you’re busy so we thought we’d make things a little easier on you by giving you our top 4 favorite books on the topic. To help guide you along your career by improving your knowledge and skills on the commercial real estate world.
Okay… we may have lied, social media works and you need to take advantage of it now! After a conversation with our very own, CCIM Troy Muljat about his real life experience using social media within his firm, we are more than convinced that social media isn’t just for the average social butterfly.
Your email signature is almost as important as your business card, in fact it’s your digital business card. An unattractive email signature says a lot about you and your level of professionalism. Here is what you need to know to have an awesome email signature.
It’s not uncommon for a Commercial Real Estate (CRE) investor to view rising interest rates with a watchful eye. Industry-driven data often reflects a distinct correlation between rising rates and declining property values, but sometimes it’s best to look at the bigger picture, asserts a recent report from TIAA Global Real Assets Research.
How to find people on social media that are looking for retail space. From https://www.digsy.ai/ In this video, Andrew Bermudez, Co-Founder and CEO of Digsy AI explains how to best use social media to find people who are actively searching for commercial space. This video is geared toward Commercial Real Estate.
Here is a great overview of what RealLaunch does and how they can get you real CRE leads.
We’ve said it once and we’ll say it again. YOU MUST START USING BOOMERANG. Where would we be as commercial brokers without Boomerang? If you’re new to our posts and our recent obsession with this Gmail add-on then we’ll give you the lowdown on the one Gmail add-on that makes emailing easier.
It doesn’t matter if you’re an amateur or adept in the industry — if you’re interested in advancing a career in commercial real estate, consider pursuing an education. These days, aspiring brokers and investors are looking to the ample amount of educational opportunities available online in order to better serve their clients and improve their … Read more
Finding an office space that is suited for both your needs and your price range can be a challenge at times, but it shouldn’t have to be. We’ve taken a look at Whista’s “25 Best Websites to Find Office Space for Rent” and picked our favorite top 5 office space rental websites.
If you aren’t using Gmail, why not? It is simple to use, super-mobile-friendly and with https://gsuite.google.com/ you can keep your business connected and branded.
Now that you are using Gmail, be sure to install these 4 add-ons every commercial broker needs…
Shelton, CT boasts a population of less than 50,000 and stands amongst four of the state’s top cities located in Fairfield County, including Bridgeport, Stamford, Norwalk and Danbury — combined, these four destinations form a population of nearly 435,000.
If you’re new to investing, you’ve come to the right place! Investing in general can be a nerve wracking and daunting new venture, but it shouldn’t have to be. In fact, investing in commercial real estate has shown to be a promising investment venture during both the ups and downs of the market cycle.
Thanks to Boomerang – one of our favorite Gmail plugins – we now also have a list of the most important things to avoid when creating an email. This includes one-to-one emails and email newsletters. Here is the quick summary and then explore their blog post for the details:
If you are a commercial property investor, a commercial real estate broker, or an owner you’ve asked these questions: What is my commercial property worth? How do I get an accurate property valuation? What influences the value of my commercial property? You need a web tool to help you through the process! There are hundreds … Read more
When it comes to leasing or buying a commercial real estate property, there are a number of advantages and disadvantages to consider before making that big decision. While the market can be unpredictable and intimidating, unfortunately there is no fool proof way of determining which option is overall the best.
Taking into consideration these pros and cons that we’ve compiled from QuickBooks’ article on “Leasing vs. Owning Commercial Space” and LeaseMatrtix’s “The Pros and Cons of Leasing vs. Owning”, in addition to your own finances, objectives, and motives will help you in making the best investment decision for your circumstances.
Coming in second behind San Francisco, Denver is expected to outperform all other global retail markets at 7 percent for the years to come. Last year alone, 19 properties in the metro area sold for over $100 million, that’s a combined $2.6 billion. Surprisingly this is only the beginning for the mile high city.
Scoping out the right investment partner should be treated as carefully as finding your partner in life. You should strive to achieve a bond so invincible and harmonious, even Batman and Robin would be envious. Ultimately, it all comes down to how you and your partner fall on various issues. Ask yourself, is this person a … Read more
Figuring out the value of your commercial property can be a challenge. We have created a unique valuation calculator that makes the process super simple for you. Add your income and expenses, your loan amount, initial investment, and we will calculate your 10 year cash flow. Visit http://ipv.mynoi.com to explore!
The mountain panorama visible from Denver is 140 miles long featuring 32 peaks that reach above 13,000 feet high which are all nestled among the 200 peaks in total. This creates in ambience hard to match anywhere. Ranked in the top 7 growth states, the Colorado Population population has increased each year with major growth … Read more
Buyer’s Journey #3 – Top features and benefits of CRE lead generation companies
Let’s face it — establishing a firm reputation, developing trustworthy alliances and compelling buyers to act isn’t a cinch in business, particularly if you’re a Commercial Real Estate (CRE) broker attempting to generate leads online. Luckily, a myriad of digital marketing companies have cropped up across the U.S. to help CRE professionals hook quality prospects on the regular.
Knowing the relationship between the value (price) and amount of income a particular property delivers (Cap Rate) is one of the keys to smart real estate investing. Use our Local Cap Rates tool and we’ll help you determine the average cap rate in a particular area, and for particular types of commercial real estate property. Fill … Read more
One way to identify a potential investment location which is on the precipice of rapid value increase is to understand where gentrification has recently started. Gentrification is defined as a process of renovation and revival of deteriorated urban neighborhoods by means of influx of more affluent residents and can be an excellent signal for investment … Read more
Commercial real estate is about far more than aesthetics. A property might appeal to your senses, but it’s important to remember that real estate investing is a business. That means you should be paying careful attention to the main elements of the deal: the terms and the return on investment. Buying a property based upon … Read more
Development of mixed-use, hospitality and commercial properties in the Mile High City is so rampant, it’s causing some to question if the crane is the state’s new bird. Denver, CO claims the title of the fastest growing major city in the U.S. and ranks second in the nation for its number of multifamily cranes in service, making it an ideal place for commercial investment.
Considered the birthplace of California, San Diego is the economic hub of the region and boasts thriving military, tourism, trade and manufacturing sectors. At the end of 2016, the unemployment rate fell at a post-recession low of 4.2 percent.
Commercial investment in the area is thriving, with a high demand for restaurant space and multi-family housing. According to a report from Coldwell Banker Commercial released in April, multi-family vacancy rates have decreased to below 3 percent and a mere 3,000 units will become available this year, despite the 8,000 units currently under construction.
Here’s what you should know about CRE’s rapid shift to online marketing Relying on the internet to generate new business may seem futile to industry vets, but for investors climbing up the ranks today, it’s vital to their survival. Now more than ever, lead generation between Commercial Real Estate (CRE) brokers and investors is happening … Read more
Newly inked market research tells us that the U.S. commercial real estate market is growing at a slow, but optimistic pace. Experts say that leveraging new trends, responding to wide scale shifts in demographics and adapting to regulatory change are among the top demands investors are faced with today. And while it may seem like … Read more
According to Deloitte’s commercial real estate outlook for 2017, developers, builders and investors in the real estate realm are approaching the industry with cautious optimism, in hopes it will grow. The report goes on to credit swift technological advancement, massive shifts in demographics and a transitional regulatory climate as the primary sources of influence on … Read more
As one of the most preferred lease structures used on the commercial market today, a Triple Net (NNN), or net-net-net, lease is known to ease the financial burden on investors by allocating property ownership expenses to tenants, or lessees. Triple Net Lease: Investors flock to the Triple Net Lease option for its ability to provide … Read more
When you begin to compare methods of valuing residential versus commercial property, you’ll quickly find out you’re dealing with apples and oranges. Appraising an apartment complex, for example, can get difficult, but once you get the hang of it, you’ll be able to find good deals in a snap. Cap Rate: To value an apartment … Read more
An enduring trend, real estate crowdfunding is credited with generating more than $1 billion worth of investment in recent years. With dozens of platforms cropping up across the web, experts anticipate a two-fold investment increase within the next year. Thanks to the U.S. Securities and Exchange Commission (SEC), popular investment pools like realtyshares.com, realtymogul.com and … Read more
In this day and age, knowing where to search for investment properties is daunting, whether you’re a seasoned investor or are new to the game! With demand for rental properties on the rise, commercial real estate investors have a bounty of options on the table to choose from — to avoid the headache, we’ll tell … Read more
Yesterday, myNOI covered Step 6 of the Investment Property Valuation Calculator (IPV). In the final step, investors can see a ten-year forecast of their commercial property, along with information on their loans. This handy report can act as a loose guide on investments and provide you with a direction concerning where to put your money. Step … Read more
Las week, myNOI covered the first five steps of the Investment Property Valuation Calculator (IPV). In the sixth step, investors will examine the cash flow of their property. It’s a short step that asks buyers to enter or estimate the average percentage growth of their income and expenses in order to help you better understand … Read more
Yesterday, myNOI covered Step 4 of the Investment Property Valuation Calculator (IPV). In the fourth step, investors found an estimated valuation of their commercial property by combing the income withe expenses. In Step 5, we’ll examine the debt taken on through your investment and the monthly payments you’ll make on your commercial real estate. Step 5: … Read more
Yesterday, myNOI covered Step 3 of the Investment Property Valuation Calculator (IPV). In the third step, investors laid out the expenses of their properties and could easily see which areas were impacting their bottom line the most. In Step 4, we’ll combine income and expenses to find an estimated value of your commercial property. Step … Read more
Yesterday, myNOI covered Step 2 of the Investment Property Valuation Calculator (IPV), where investors examined the income of their commercial properties. Today, we’ll cover Step 3 of the Investment Property Valuation Calculator, where you’ll lay out what your buildings are costing you to maintain and own. Step 3: In Step 3, you’ll break down the … Read more
Yesterday, myNOI explained the first step in using the Investment Property Valuation (IPV) Calculator. Investors explained what type of property they’re selling, and what they’d like to do with it. Today, we’ll cover Step 2 of the Investment Property Valuation Calculator, where investors will examine the money their properties generate. Step 2: The second step … Read more
The Investment Property Valuation Calculator is an invaluable tool for investors and brokers alike. When used effectively, the IPV Calculator can help you plan ahead with your commercial property investments. An in-depth reading of the results can reveal when the best time to sell would be, areas where building expenses could be trimmed back, … Read more
