Property Management Softwares Availible Online Today

Central to the business of brokerage, leasing and investing is property management. To maintain a smooth operation, it’s crucial to pick the right property management software. As an owner of a property management company, in addition to my brokerage and development business, I can tell you which property management software options online are great and … Read more

How to Prepare a Letter of Intent

Before putting pen to paper on a fresh new lease, it’s often recommended to draft up a Letter of Intent. An LOI, as it’s called in the industry, helps prospective tenants edge forward to signing a lease that’s inclusive of their plans for the property in years to come. These documents vary from deal-to-deal and … Read more

Top Websites to Search for Commercial Real Estate Properties

Search “commercial real estate” online and right away you’re inundated with thousands of portals vying for your attention. I know finding the right site isn’t always easy, so I’ve compiled a list of the top 8 websites to search on for commercial real estate properties.  LoopNet Loopnet.com is one of the best websites to search for … Read more

How to Prepare Your Commercial Property for Winter

Fall is here and now is the time to start preparing your commercial real estate properties for those cold and harsh winter days. Among preparing for your holiday festivities, commercial property owners should prepare their properties for those long cold days. To insure your property is safe and efficient during this time we’ve come up with a list of tasks you should be doing every winter season to insure your property is safe and properly maintained.

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myNOI Relaunches IRR Calculator

As a commercial real estate broker and investor, you know the importance that CRE metrics play in any real estate transaction. Being able to calculate these metrics accurately is just as important as knowing what each one means and the importance they play in evaluating any commercial property. That’s why we’ve recently relaunched our CRE … Read more

3 Tips on How to Nurture a CRE Lead

Great leads are hard to come by, but this doesn’t mean that leads that aren’t necessarily great right off the bat are bad leads. All leads have the potential of becoming great leads, not necessarily now, but down the road if you give them the attention they deserve. This means that a lead that doesn’t … Read more

What is a Cap Rate?

Not so sure how to answer the above question? Here’s what you need to know: A capitalization rate, or a cap rate as it’s often referred, is the rate of return anticipated for one year if the property was paid for in cash — It’s the ratio between Net Operating Income (NOI) and the property … Read more

3 Tips to Selling a Property in Tight Market Conditions

These days, real estate investors are increasingly looking to multi-family properties to generate high rates of return. With demand for apartments and similar units on the rise, learning to weather fast market conditions is an imperative to getting the best value for your property. With years of experience as a commercial broker, I’ve developed these … Read more

Recent Cap Rate Analysis

We calculate local cap rates for all commercial real estate property types arcoss the United States on a daily basis using our Local Cap Rate tool. Cap Rates are essential to making any investment decision and we’ve calculated them for you to insure that you make the best investment decisions. Here are just a few … Read more

Here’s Why You Should Hire A Commercial Inspector

Whether you’re a seasoned investor or you’re entering the Commercial Real Estate (CRE) realm for the first time, it’s never easy to peg down a worthy investment alone – for that reason, many CRE investors turn to commercial inspectors for help. In short, commercial inspectors conduct construction and building inspections in order to ensure the … Read more

The DISC Test and Building a Healthy Team

Dominance, Influence, Steadiness, Conscientiousness or DISC is an assessment used by a number of organizations looking to grasp a better understanding of the behaviors and personalities of any potential employee. We use this very same assessment in our interviewing process here at myNOI in order to better understand the strengths, personalities, and placement of each potential candidate.

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Should I Invest Internationally or Domestically?

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

4 Reasons Why CRE Brokers Must Have a YouTube Presence

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

5 Things to Ask Before Signing a CRE Loan?

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

What 5 aspects to Look for in a Good Commercial Real Estate Investment

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.

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3 Questions to Interview CRE Brokers

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

Top 4 Books For CRE Brokers

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.

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Email Signature Do’s and Don’ts

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.

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What’s the Connection Between Cap Rates and Interest Rates?

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.

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3 Great Property Valuation Tools on the Web

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

Lease or Buy Analysis

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.

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Five Traits to Look for in an Investment Partner

investment partner

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

Top Commercial Lead Generation Company Comparison

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.

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The Commercial Real Estate Market in Denver, Colorado

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.

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San Diego’s Commercial Market Outlook

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.

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What Expenses Can a Triple Net (NNN) Lease Cover?

triple net lease

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

What Influences Current Cap Rates?

calculating current cap rates

Previously, myNOI covered how cap rates were calculated. Now, we’ll describe the other factors that go into determining current cap rates.  At their simplest, cap rates are just the annual net operating income divided by the cost paid for the property. However, much more influences current cap rates than those two sums! Investors use cap rates … Read more

Ready to Sign a Commercial Lease? Read this First

sign a commercial lease pen

“You ought to be able to explain why you’re taking the job you’re taking, why you’re making the investment you’re making, or whatever it may be. And if it can’t stand applying pencil to paper, you’d better think it through some more. And if you can’t write an intelligent answer to those questions, don’t do … Read more

Choosing the Best Commercial Property Type to Invest In

City Skyline

In the real estate business, it’s important to know that not all types of commercial properties are equal. Of the four asset classes on the market today — i.e. multi-family, office, retail and industrial — each reap a unique reward. Before you ink your next deal, consider taking a closer look at what each asset … Read more

How to Spot a Bad Commercial Real Estate Deal

Bad Commercial Real Estate Deal

Every investor should know how to spot a bad commercial real estate deal. First time investments are usually a huge commitment for those starting out. And while it can take time to learn the ins and outs of a property, it’s well worth it to make sure your money is safe. Here are three signs … Read more

The Pros and Cons of Investing in a REIT

invest in REITs

Earlier this week, MyNOI covered what a real estate investment trust (REIT) is and how you could get involved in them. While REITs offer a great way for skittish first-time investors to try their hand at commercial real estate, there are some drawbacks to them as well. Today, we’ll cover both the good and the … Read more

What is a Real Estate Investment Trust (REIT)?

Real Estate Investment Trusts

If you’re interested in commercial real estate, but don’t know where to begin, a real estate investment trust (REIT) can be a good way to get your feet wet, while avoiding much of the inherent risk. A REIT turns the commercial real estate market into the stock market, allowing investors like yourself to purchase shares … Read more

Top Three Ways to Ensure a Sound Commercial Real Estate Investment

Commercial real estate investment

It’s no secret that investing in commercial real estate can reap high rewards. Whether it be the potential for hefty returns or flexibility in maintenance expenses that draw you in, be sure to consider ways to sustain your investment before taking the leap. To quote American businessman and investor Tamir Sapir, “If you’re not going … Read more

Understanding the Phases of the Commercial Real Estate Cycle

commercial real estate cycle

Unbeknownst to many who aren’t involved with commercial real estate, the market actually follows a fairly predictable pattern. This real estate cycle can be broken down into four distinct phases—recovery, expansion, hyper supply and recession. Knowing which of these phases the market is currently in can help you make the best decision regarding your investment … Read more

Three Popular Commercial Real Estate Investment Strategies

commercial real estate investment strategies

Before you get involved in commercial real estate, it’s important to know how you plan on making money from deals. Entering the market with an understanding of what you plan to do with your property in the future can help you make the best decisions now. In this post, we’ll cover strategies for turning a … Read more

Online Trends in Commercial Real Estate

browsers online trends in commercial real estate

In 2014, Loopnet partnered with Google and released a study called “Commercial Real Estate Consumer Online Behavior and Trends”, with the stated objective of “better understanding the role of the internet in finding, selling, and leasing commercial properties.” Utilizing a 3rd party company, a blind survey was conducted to examine the behavior and sentiments of … Read more