PURCHASING REAL ESTATE
8 Steps to Finding Industrial and Office properties in Scottsdale, AZ
7 PROS & CONS OF AI AND HOW IT CAN AFFECT THE COMMERCIAL REAL ESTATE MARKET
AI (Artificial Intelligence) is a technology that can enable computers, sensors, robots, geo-locators, etc to perform tasks to simulate human intelligence and problem solving. With AI’s help, commercial real estate agents can take advantage of this technology, however there are some negatives. Listed below are 7 Pros and Cons: PROS: CONS: Although AI is new…
Read MoreRising Interest Rates: 6 Tips to Consider when Purchasing or Leasing Commercial Real Estate
Now that interest rates are on the rise and inflation is at 40-year highs, there are many concerns in the commercial real estate industry. The Feds indicate that Interest rates are expected to continue to rise through the end of the year and potentially into the first or second quarter of 2024. They are still…
Read MoreSummer Golf in Arizona (4 Top Courses)
Scottsdale is a great location to start a new business. Some recent reports predict that the Scottsdale Airpark will be home to more than 4,000 businesses employing as many as 80,000 employees by the year 2030! Scottsdale is also known for its amazing golf courses. During the summer months (June through August), some of the most popular…
Read More8 TIPS FOR MANAGING A COMMERCIAL REAL ESTATE PROPERTY
Listed below are 8 tips for effectively managing a commercial real estate property. Successful property management can help bring down the cost of maintaining a building and maximize revenue.
Read More5 GENERAL STEPS TO PURCHASING A BUILDING (USING SBA FINANCING)
Purchasing a new office or industrial building for your business is an exciting step in the journey of one’s company. One important consideration in purchasing a building is the process one goes through from financing to opening and closing escrow and all the steps in between. Below is a general timeline of items to be…
Read More6 Things to Consider in a Rising Interest Rate Environment
Now that interest rates are on the rise and inflation is at 40-year highs, there are many concerns in the commercial real estate industry. The Feds are raising interest rates in an effort to curtail inflation – but this quick reaction is causing worry among investors. The Feds indicate that Interest rates are expected to…
Read More3 Popular Commercial Real Estate Loan Options
Interest rates are on the rise since the economy is on the move. Last week the fed raised rates by .5%. If you are considering the purchase of commercial real estate, it is a good idea to look into various loan options to keep the rates and your mortgage payments as low as possible. Listed…
Read More3 Important Commercial Real Estate Documents
DEED vs NOTE vs DEED OF TRUST When purchasing property, it is important to know the different documents that a buyer will be signing at the closing table. Listed below are 3 important documents that a buyer of commercial property should be aware of: DEED – A deed is a legal document that transfers the…
Read More7 Ways to Get your Building Ready for Sale to Get Top Dollar!
In order to get top dollar for your building, there are basic tasks that should be accomplished. Although it may seem obvious, too often these basic necessities get overlooked. As a result, buyers see opportunity to negotiate down the price. Below are 7 ways to get your building ready for sale to get top dollar!…
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