Online Real Estate Training

There are dozens of options for online real estate training. Take a look. Read More

How to Finish 2018 Strong?

How to Finish 2018 Strong?

As we enter December, it is time to decide how you want to finish the year. 2019 holds new promise, but here are 4 things to do to end 2018 well.

#1 – Check in with your active clients with a quick text or call. All other clients need at least one email.

#2 – Review all your active listings from the perspective of a buyer. Test-drive your own website to get a real experience of what your clients go through. You are guaranteed to find 3 or 4 things you can improve. Find incremental improvements. Read More

The New Lead Gen: Quora

Quora, you may have heard of the popular Q&A site known for sharing knowledge and helping users better understand the world, but what you may not be familiar with is how companies and individuals alike are generating quality leads on this site for FREE! Read More

Stock Photos for Real Estate

As you do your daily blogging and Facebook posts, excellent photos make a huge difference. Best option? Hire a photographer to take 100 photos of your area. Then you have a ready stockpile or local photos.

The next best option is free stock photos, but be careful not to let them look too stock-feeling.

Check out these free options:

  1. Unsplash
  2. Pixabay
  3. Pexels

Warning: Most “free” stock photos sites will lead you towards paid versions. There are times it may be worthwhile paying the small fee for usage, but generally, you can find a decent version for free.

Is There an Equivalent in Canada For a 1031 Exchange?

If you remember reading our previous article What is a 1031 Exchange? you’ll remember that a 1031 exchange also known as the U.S. Internal Revenue Service Code 1031, states that investors of commercial properties can sell their property and reinvest those funds into a “like-kind” property. Essentially allowing investors to “defer capital gain taxes as well as facilitate significant portfolio growth and increase return on investment.”  If you’re new to the topic you can catch up on 1031 exchanges here.

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The Favorite Web Tools & Apps other Commercial Real Estate Brokers are already using

If you are not already using these tools, it is time!

  1. First American Title App. Real-time, location-relevant data for any property.
  2. LoopNet & CoStar. Nationwide commercial listings. AND a great place to promote yourself. Also check out CoStarGo.
  3. Financial Calculator. All brokers need a go-to tool for calculating 10-year cash flow, NPV, NOI, and IRR. IRRCalculator.pro is a free option.
  4. RCA Commercial Real Estate Transactions Search and Reonomy. Find out more in article from Bisnow.com.

If you have a favorite app or tool you use, let us know. We’d love to feature it and your business on myNOI.com.

-the myNOI team.

How to Find Local Statistics in Your State

Stats, stats, stats, we all need them and frankly, we all thrive on them in this industry. Because let’s face it, what better way to prove your credibility than to give your clients and future clients all the important and most accurate information needed to make the best business decisions?

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We know it’s not yet September … what Month is the best for Commercial Real Estate?

Hopefully, most of you are still out enjoying the end of summer. Our partner, Troy Muljat, has been floating around the Bellingham Bay enjoying the warm weather in the Northwest.

But, as kids go back to school and people settle back into routines, it is the perfect time for commercial real estate brokers to get ahead of the crowd. Real estate professionals often cite vacation seasons, holidays and tax deadlines as factors affecting deal activity. CBRE looked at the monthly distribution of a database of over 5.1 million transactions across a 13-year period from 2004 to 2016. The research team used the data to identify which months experienced a larger share of transactional activity across all U.S. markets. (Read full article)

  • December wins as the most active for commercial sales.
  • February showed a consistent lull in activity.
  • There is a slow down during the Thanksgiving to Christmas period.
  • And when viewed Quarterly, there does not appear to be a significant variation.

What does this all mean to you? 
Don’t use “seasonality” as an excuse. If your business is slow, look for inspiration through training, new events, and new local relationships. You can make this last quarter of the year your best ever. And we are here to help when you need it. 

3 Ways to Prepare for September & the Fall

With summer NEARLY behind us, most of us are ready for the routine and rhythm of the Fall. If you are involved in commercial real estate, September is important.

What to do now to be prepared:

  1. Decide which COMMERCIAL REAL ESTATE CONFERENCES you will attend. Check out this great list of options. Conferences provide a great opportunity to connect with other investors and brokers and learn something new.
  2. Take a LOOK AT YOUR FINANCIALS and set new goals to finish 2018 where you want to be. Would it be helpful to send the investors you represent an updated Balance Sheet, Profit & Loss, and Cash Flow Statement? September is a perfect time to get the conversation going.
  3. Sign up for ONLINE TRAINING. To be a top broker you need to learn faster than the next person. Explore online training options available through CCIM, your local broker association, the NAR, and of course from myNOI and the Commercial Real Estate Expert course.

Enjoy the process. Be proactive and you may remember the Fall of 2018 as the start of something big.

-the myNOI team.

Thank you also to Chris Lawton on Unsplash for the photo.

For Sale by Owner in the Commercial world?

Ever wondered if FSBO works with commercial real estate? First time real estate investors should avoid these mistakes:

  1. Lack of a strategy.
  2. Overvaluing the asset.
  3. Underestimating the cost of repairs.
  4. Not having your financing in order.
  5. Not thinking about property management.

Explore more at https://www.forsalebyowner.com/blog/top-5-mistakes-first-time-real-estate-investors-make/

Commercial Real Estate News for Friday June 29

In Friday commercial real estate news – we’ll give you a look at the 10 must reads for CRE, what professional CRE players can learn about investing from athletes, how foreign investment in U.S. commercial real estate remains strong, and so much more! Read More

Capital Gains Tax Solutions’ Brett Swarts Talks Deferred Sales Trusts

If you’re a commercial real estate investor or broker then you’ve probably heard of 1031 Exchanges, but there is an alternative that may open huge opportunities for you and your clients. The Deferred Sales Trust.  Read More

Commercial Bridge Loans: What are they? Should you get one?

Options, options, and more options – you have OPTIONS and you may not even be aware.

In today’s market, Bridge funding has become the fastest way to obtain quick financing. Unlike conventional lending, bridge funding does not lean heavily on credit scores and financial documentation, but rather the strength of the property and market value. Interest rates are often higher, a bridge lender can close a loan under two weeks, sometimes 3-4 days! Investors use bridge funding to acquire the property fast, then refinance later with a conventional mortgage. These types of loans work best for the investor with cash, but can’t show much income.
Anthony West

Especially when it comes to securing the financing needed to secure a commercial real estate property. When it comes to financing, it can be quite difficult to find an institution willing to lend you the funds but on top of that, the process can be time-consuming, require a great deal of work, and unneeded stress. Only to find out that the financing just didn’t go through for a number of different reasons.

But have no fear, you have options – in particular, Commercial Bridge Loans. Read More

Commercial Real Estate News for Wednesday June 20

In Wednesday commercial real estate news – we’ll give you a look at how higher interest rates will winnow competition in alternative lending, the shortage of affordable housing in the U.S., the 10 must reads in CRE, and so much more. Read More

Commercial Real Estate News for Tuesday June 19

In Tuesday’s commercial real estate news – we’ll give you a look at the Ocotillo development, the commercial real estate lending revolution, the Atlanta apartment boom, and so much more. Read More

FAQs about the CREE Course

We get it, the CREE course is a big investment & commitment.

Here are  common questions we get:

Q: How will I have time for “one more thing”? 
A: You are busy. We get that. We’ve made the CREE is accessible anytime, anywhere from your computer or mobile device. You can start and stop anytime so you don’t have to do the whole course in a day. Take some time now to earn more commissions later! This training is IMPORTANT to your success. The URGENT (all the TO-DOs you have today) may be holding you back from bigger success.

Q: What does the course include? 
A: The CREE Course includes 7 insightful videos with dozens of extra resources & templates to help you along the way. The video instruction is from Troy Muljat, a broker/investor/appraiser with over 25 years experience.

Q: Is the CREE theory or practical?
A: This course is everything practical that Troy Muljat has learned in the past 25 years on how to be a successful in commercial real estate transactions.

Q: How do I access the course?
A: The entire course is online and immediately available when you sign up.

Q: Is there a guarantee?
A: Absolutely. Within the first 30 days, after completing the course, if you aren’t satisfied with what you’ve learned let us know & we will get your money back.

Q: Do I have access to Troy to ask questions? 
A: YES! Each week Troy will answer all submitted questions in a live discussion webinar. We want you to be successful in your commercial real estate transactions!

Now what? … don’t put it off. Sign up. Commit. And take your career to the next level.

 

Commercial Real Estate News for Friday June 15

In Friday’s commercial real estate news – we’ll give you a look at what Brookfield’s $700 million stake in Kushner Tower, new student housing amenities, the new church condo conversions taking over Boston, and so much more. Read More

Commercial Real Estate News for Thursday June 14

In Thursday’s commercial real estate news – we’ll give you a look at what the doubling in sales at WeWork last quarter, Cirque de Soleil coming to shopping malls near you, the China trade war far, and so much more. Read More

Commercial Real Estate News for Wednesday June 13

In Wednesday’s commercial real estate news – we’ll give you a look at what an AT&T Time Warner merger could mean for CRE, why Fannie and Freddie should hold billions in capital, the over $1 billion CRE properties in Romania, and so much more. Read More

Commercial Real Estate News for Tuesday June 12

In Tuesday’s commercial real estate news – we’ll give you a look at Aetna Inks’ Office deal, the Seattle leaders that are poised to scrap head tax, how the cloud technology will help run the CRE industry, and so much more. Read More

Commercial Real Estate News for Monday June 11

In Monday’s commercial real estate news – we’ll give you a look at how retail center owners are looking to hotels to bring life to big-box spaces, the 5 takeaways from Nareit’s REIT Week, IKEA’s decision to call off plans for 3 more big box stores, and so much more. Read More

6 Commercial Real Estate Trends to Watch Out For

The commercial real estate industry is constantly changing and before you know it the knowledge you have of the market can be completely outdated and unhelpful when it comes to making educated business decisions. To help keep you up-to-date with the latest trends in commercial real estate we’ve looked to our friends at GlobeSt.com for their insight on the current trends in this ever changing industry. Read More

Commercial Real Estate News for Thursday June 7

In Thursday’s commercial real estate news – we’ll give you a look at the the most powerful brokerage firms of 2018, technology’s impact on the future of CRE, the 6 top CRE trends, and so much more. Read More

Commercial Real Estate Expert (CREE) Course

The Commercial Real Estate Expert (CREE) Course is a complete commercial real estate and investment course and designation for the broker or investor striving to learn more about commercial real estate, and advance  their career in commercial real estate.  Welcome to the course and let’s get started!

The more you know about CRE, the more opportunities to build your business.

Fast track your commercial real estate career, take the Commercial Real Estate Expert course!

Sign Up Today and Save!

Upon completion of this course you will be able to:

  • Speak confidently re: commercial real estate
  • Identify the major real estate assets types
  • Understand how to value commercial real estate
  • Complete a Market Analysis
  • Complete a commercial property financial analysis including IRR, Cap Rate, NOI, and more
  • Get your first commercial listing
  • Understand real life case studies of commercial brokers in action

AND you will also receive:

  • your own branded IRR Financial Calculator site ($99 value)
  • a property specific Property Listing site ($99 value)
  • a Commercial BPO/Valuation Site ($99 value)
  • Commercial Listing Presentation template
  • a Commercial Offering Memorandum template (flyer template)
  • LOI (Letter of Intent) template
  • Multi-page Quarterly/Annual Report template
  • Excel templates for actual investment properties in the case studies

Commercial Real Estate News for Monday June 4

In Monday’s commercial real estate news – we’ll give you a look at the development in Allianz Field in Minnesota, the homes being built by equity firms and so much more. Read More

Our Broker Network

Commercial Real Estate News for Friday June 1

In Friday’s commercial real estate news – we’ll give you a look at whether or not real estate investments should change in light of the new tax laws, the U.S. allies that are hitting back as Trump revokes steel tariffs, commercial real estate in Guam, and so much more. Read More

Commercial Real Estate News for Thursday May 31

In Thursday’s commercial real estate news – we’ll give you a look at Cushman’s plan to file for an IPO, Newmark’s acquisition of brokerage RKF, the 10 must reads CRE, and so much more. Read More

Video: Which Investment is Best?

In this Santé Realty Investments video, Jim Small talks about the hardest decision for new investors to make, “which investment is best, single family or a commercial property?” 

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Commercial Real Estate News for Wednesday May 30

In Wednesday’s commercial real estate news – we’ll give you a look at the $107 Billion Commercial Real Estate Deal, why credit unions are overlooked when it comes to CRE loans, the NOI growth in senior housing, and so much more. Read More

A Look at the Commercial Real Estate Bubble That is About to POP!

Since the imploding of the Financial Crisis back in 2009, banks and other financial lending institutions have been weary when it comes to lending money to Commercial Real Estate investors. And to be honest…. we don’t blame them, since “CRE loans were in part responsible for the near-collapse of the financial system during the Financial Crisis,” according to Business Insider.

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Commercial Real Estate News for Tuesday May 29

In Tuesday’s commercial real estate news – we’ll give you a look at the Detroit Commercial Real Estate Summit, Bourke Street Tower selling for nearly $72m, and so much more. Read More

Commercial Real Estate News for Thursday May 24

In Thursday’s commercial real estate news – we’ll give you a look at the NYC startup that’s shinning light on CRE, the Fannie-Freddie plan that has died out, and so much more. Read More

Commercial Real Estate News for Wednesday May 23

In Wednesday’s commercial real estate news – we’ll give you a look at the 10 must reads in CRE, the 6 takeaways from this years RECon and so much more. Read More

Video: A New Type of Crowdfunding

In this episode of  The Commercial Real Estate Show, Michael Bull interviews co-founder and managing director at ArborCrowd, Adam Kaufman. Now if you’re new to crowdfunding in commercial real estate this video with Adam Kaufman will help you grasp a better understanding of how sourcing funds for your CRE project works.

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Commercial Real Estate News for Monday May 21

In Monday’s commercial real estate news – we’ll give you a look at the effort to bring real estate out of the Dark Ages, the winner of the LaSalle Hotel bidding war, and so much more. Read More

Commercial Real Estate News for Friday May 18

In Friday’s commercial real estate news – we’ll give you a look at the tired office block that has become hot property, how Marriott is expanding its partnership with Simon, an inside look at what real estate pros have to say about the future of CRE , and so much more. Read More

CRE Podcasts you Should be Listening to

If you’re anything like us, you’re constantly on the road on to the next location, whether you’re showing a new property to a client or meeting up with potential clients, a good chunk of your day requires hours of driving.

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Commercial Real Estate News for Wednesday May 16

In Wednesday’s commercial real estate news – we’ll give you a look at council’s approval of sealed back business tax, the spur in demand for U.S. rental homes, and so much more. Read More

The BEST CRE Blogs You Should Be Reading

When it comes to keeping yourself up-to-date on the latest in commercial real estate, there are a number of great and informative resources out there on the internet. But let’s face it, there’s just so much out there, it makes it hard to find content that’s not only reliable but also, new, interesting and informative all at the same time. Read More

Commercial Real Estate News for Tuesday May 15

In Tuesday’s commercial real estate news – we’ll give you a look at the commercial real estate investment trust that bought Toronto trophy asset, whether REITs are oversold, how GreenOak raises $1.55 billion for real estate deals in the US, and so much more. Read More

Commercial Real Estate News for Monday May 14

In Monday’s commercial real estate news – we’ll give you a look at the $25 ml PE commercial real estate fund, the 4 ways to take care of multi-family investors, the SFR investors that are filling the pipeline with new development, and so much more. Read More

Commercial Real Estate News for Friday May 11

In Friday’s commercial real estate news – we’ll give you a look at the leaders in CRE, why universities have become big-time real estate developers, and so much more. Read More

Commercial Real Estate News for Thursday May 10

In Thursday’s commercial real estate news – we’ll give you a look at the 10 must reads in CRE, how industrial become CRE financing’s newest sweetheart, and so much more. Read More

Commercial Real Estate News for Wednesday May 8

In Wednesday’s commercial real estate news – we’ll give you a look at the state of commercial property companies that need to prepare for the EU’s data privacy overhaul, the U.S. banks that loosened commercial real estate lending, the 5 ways technology is shaping CRE property management, and so much more. Read More

Commercial Real Estate News for Monday May 7

In Monday’s commercial real estate news – we’ll give you a look at how cloud-based software is transforming CRE, how the fast food delivery trend is resulting in smaller restaurant space, the 10 CRE must reads, and so much more. Read More

Commercial Real Estate News for Friday May 4

In Friday’s commercial real estate news – we’ll give you a look at the 10 must reads in CRE, the DCT deal that shows strong demand for industrial asset, whether the Trump’s new infrastructure plan will attract private investors, and so much more. Read More

Real Estate Investing Abbreviations

ARV – After-Repaired Value
CCIM – Certified Commercial Investment Member
COO or C of O – Certificate of Occupancy
CMA – Comparative Market Analysis Read More

Commercial Real Estate News for Wednesday May 2

In Wednesday’s commercial real estate news – we’ll give you a look at the 7 traits that make for a successful commercial real estate partnerships, the new rule that exempts low-cost property from appraisals, how commercial real estate continues to evolve, and so much more. Read More

Commercial Real Estate News for Tuesday May 1

In Tuesday’s commercial real estate news – we’ll give you a look at the rising costs of e-commerce, the benefits green financing brings to value-add multifamilyand so much more. Read More