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If you’re considering becoming a real estate investor, you may have already looked at a number of residential or commercial properties. However, there’s another option that is usually inexpensive: land. Investing in vacant lots, especially those in popular neighborhoods, can be a great way of getting into real estate without spending a large amount of money upfront. But why? While it may not seem to be a very lucrative purchase, you can actually make a …Read More
If you’re preparing to invest in commercial real estate in Wilmington, NC, you first need to think about the different types of properties available and decide which ones you want to purchase. With residential properties, there aren’t as many choices, which means there aren’t as many factors involved. With commercial properties, however, each type has a number of factors that can impact your profit margin. Let’s take a look at some of the most popular …Read More
Are you thinking about investing in commercial real estate? While there are certainly risks involved, the benefits far outweigh them. Investing in commercial real estate in Wilmington, NC in addition to or instead of residential properties provides you with a larger income potential and a more diverse portfolio. Here are a number of other benefits you can take advantage of by investing in these properties. The Income Potential Just how much higher is the income …Read More
Getting started in the real estate world is not hard. Many times, however, new investors overlook easy ways to make sure they start successful and stay successful. Below are six ways to help your success in real estate investing. Improve your property based on what is easily changed or is popular. If you are looking to rent out, think about improvements that can be easily swapped out for something the buyer likes better. Instead of …Read More
Today, energy efficiency is high on the list for property buyers. Because of the popularity of ‘going green’, some simple, energy efficient changes to your property will drastically increase the value when you are ready to sell. Install solar panels. Solar panels are a great first step to creating a ‘green’, energy efficient property. They drastically cut down electricity costs as well as cut down on waste produced from traditional electricity. While solar panels are …Read More
Whether your intention for commercial land is to farm or to build a house, there are some key questions you should ask your agent. Here are 5 top questions to ask to make sure you are buying the land that is perfect for you! Has the property been surveyed? Before you sign for a commercial land property, ask your agent if the property has been surveyed, meaning does the land have property boundaries. This is …Read More
Is your commercial property now too small to fit your growing business? Is the outside of your property not appealing to customers? Are you thinking it is time to upgrade your space to fit your expanding needs? Here are some signs that it is time to consider upgrading your property. Your Business is Rapidly Expanding If you are using your commercial property for a small business, consider how fast you are growing. Maybe when you …Read More
Commercial properties can be great investment choices. If you are looking to start investing, here are some tips to ensure you start strong and successful. 1. Invest in properties that will turn a profit When you start investing, it is important to invest wisely. If you buy a property that has no functional use, you did not invest, you only bought. 2. Focus on one type of property You do not want to be all …Read More
Do you have a commercial property you are looking to sell or rent out? Here are some tips for you to consider to increase the value in order to charge more in rent or sell for a higher price. Improvements First, make improvements to your property. Start by improving the outside of your property. A beautiful first impression will greatly increase the value of your commercial property. Along these lines, continue improvements inside the property …Read More
Small businesses are popping up everywhere these days. If you have started one or simply have an idea to start one, the decision to buy or rent a suitable space to operate out of is a top priority for you. There are a few questions you need to ask yourself when considering buying or renting a property for your small business. What are your growth plans? First, consider expansion. Do you plan on eventually growing …Read More
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