• Beginners Guide to Finding the Right Commercial Broker Team Beginners Guide to Finding the Right Commercial Broker Team

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    Beginners Guide to Finding the Right Commercial Broker Team

    Choosing the right broker

    Commercial real estate is a multi-faceted business, and has several distinct income streams. There’s sales and management, and there is also leasing. The leasing process is a great way to start to build your CRE business and learn the nuts and bolts of commercial real estate.  Starting out with a 10 Unit Multi-family commercial property is not such a bad idea at first, especially since you are just getting your feet wet.  Jumping into a larger project in the beginning is not something I suggest especially if you are brand new to the game.  Due diligence is a top priority so stay the course! Finding the right broker/agent to find and list your rental property is key.

    Leasing is the building block of investment properties

    Learning how the lease affects the property’s financial picture, through the base rent and annual rent increases, the term of the lease, renewal options, operating costs pass-throughs, signage rights, expansion options, termination rights, parking requirements and numerous other property rights that affect the value, purchase and sale of a property.  As you can see, it's not all about the amount of rent to be collected each month, there are so many different variables to consider.  Studying how the lease affects the property's financial future is so much more important than the initial number!  Working with the right commercial broker and his team of leasing agents is essential to the success of your first endeavor.  Down the road, you will be using a property manager...

    Choosing the right broker

    Commercial real estate is a multi-faceted business, and has several distinct income streams. There’s sales and management, and there is also leasing. The leasing process is a great way to start to build your CRE business and learn the nuts and bolts of commercial real estate.  Starting out with a 10 Unit Multi-family commercial property is not such a bad idea at first, especially since you are just getting your feet wet.  Jumping into a larger project in the beginning is not something I suggest especially if you are brand new to the game.  Due diligence is a top priority so stay the course! Finding the right broker/agent to find and list your rental property is key.

    Leasing is the building block of investment properties

    Learning how the lease affects the property’s financial picture, through the base rent and annual rent increases, the term of the lease, renewal options, operating costs pass-throughs, signage rights, expansion options, termination rights, parking requirements and numerous other property rights that affect the value, purchase and sale of a property.  As you can see, it's not all about the amount of rent to be collected each month, there are so many different variables to consider.  Studying how the lease affects the property's financial future is so much more important than the initial number!  Working with the right commercial broker and his team of leasing agents is essential to the success of your first endeavor.  Down the road, you will be using a property manager...

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