As we move full swing into 2012, it appears that there
will be plenty of discounted real estate available in our market for the
foreseeable year. As always, starting out with a well defined plan,
can make the difference between really getting a deal. Start with the end in
mind, have an buying and an exit strategy no matter if you are an owner-user
or an investor. Make sure your plan has alternative paths in the event
the market or something in your life changes suddenly.
Sincerely
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When would NOW be a good time to invest in real estate
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While you see businesses
come to life, peak and fall,
you may be thinking if the
business of real estate is
worth the investment. You wouldn't
want to invest in something
that won't be substantial.
Unlike other businesses,
real estate is very often
times a good
investment to make, and may
be the only real mainstay
market.
Even though
the real estate market rises
and falls, there are still
many benefits to being in
real estate. You can expect
that if something happens
that causes the real estate
to lower, it will eventually
come back up. There is
always a need for bricks and
mortar in which businesses
need to operate. People are always moving
into different locations as
well as leaving for business
reasons. No
matter what type of real
estate you are investing in,
you can expect that someone
will have the need to use the property
for something. Because
real estate is part of the
basic needs of individuals,
it can be expected that
someone will always be
looking, and others will
always be selling.
One of the advantages of
real estate that gives it
more stability is that no
matter what the economy,
there will always be real
estate selling. It can be
expected that if the market
is bad, individuals will be
working towards selling
their homes to move
somewhere more substantial.
If the economy is good, then
individuals will be looking
into buying homes that can
offer more. This helps to
keep real estate as one of
the stable markets among
businesses.
If you
aren't certain about
investing in real estate,
you don't need to look any
further than the economy and
how the fluctuation is
always to the advantage of
those owning property. No
matter what the
circumstances, individuals
are always looking for a
place to live. If you want
to make sure that you are
part of the trends in the
market place, then investing
in real estate is a certain
way to keep stable income.
Take a serious look at
what current investment
alternatives there are in
the market now. Then
look at those returns
against both opportunistic
real estate and stabilized
real estate investments.
Compare the internal rate of
returns on the options and
make your decision.
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Real Estate Values and Appraisals
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Investments, terms for loans, processes, and other parts of real estate
can often be overwhelming to someone who hasn't received a degree in
real estate. If you are looking for definitions and actions behind those
definitions, then don't forget about getting the right appraisals. This
will help you if you are looking for the right market for your property.
An appraisal consists of a professional opinion that is made
about a property. Included in this opinion are several factors that
allow for this statement to be made. Overall, the appraisal will lead to
the conclusion of what the market value is. If the market price can not
be defined easily, then someone can look at the different parts of the
property and determine what they believe the market price should be.
Usually, this will be done by an inspector looking at the various
mechanics that may have been swept underneath the rug.
An
appraisal may be a necessary requirement when one is looking into
selling real estate or having the property insured or financed. It may
use several external resources and definitions of what market value may
include in relation to the opinion being made in order to determine the
price value of a the property. When getting an appraisal, you can expect
that the estimates will be based around the various factors that are
related to the market at the time. Instead of just examining the parts
of the property, an appraiser will also examine the market and see what
everything else is worth in relation to the property. In addition, a
careful review of the income stream and expenses associated with the
property will be a separate value that is used to determine the final
value. Both methods will also compensate for deferred maintenance
of the property. Said another way, it is the work the property will need
to get it to a sellable or rentable state.
By appraising a
property, you will know how much the real estate is worth in relation to
your own needs on the property and in relation to everything around it.
By observing the standards that are set both inside and outside, you
will have the ability to know when the timing is right to get involved
with your piece of real estate.
Note that many real estate
brokers can provide a similar analysis but cannot state the market value
per se. They can only reference these values as a range of probably
value or the brokers opinion. As you can imagine, it pays to work
with a professional who knows what they are doing and has the relevant
experience!
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Announcement |
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FREE List of Commercial Distressed Properties (Click
Here) |
2012 IRR View Point Report Available
2012 IRR Report is now available for download!
Check out the various markets and see where they fall within the real estate
cycle for INSTITUTIONAL grade properties.
click here
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Contact Information |
Rob Cassam, MBA, CCIM
Carolina Realty Advisors
1001 East Blvd. Ste. B
Charlotte NC 28203
Tel: (800) 587-4066 Ext. 100
Fax: (704) 442-8841
robcass@ix.netcom.com
Website
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What I do... |
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I provide real estate brokerage services for small and medium sized businesses,
investors, and individuals who are fed up with losing money, paying too much
and/or, spending too much time not getting the right piece of property for their
particular situation. I act as the quarterback in the real estate transaction for my clients who coach
me in managing all of their different needs.
My clients love not needing to worry about making bad decisions or bad
investments and love winning negotiations.Take a moment to think about these important questions:
How
are your properties helping you in your life?
Have
your investments turned out as planned?
What
types of problems have you had growing your portfolio?
How
has the economy impacted your rents and vacancy?
Are
you satisfied with your income and asset portfolio?
Is it meeting your needs?
How
much of a problem is dead equity in your property?
How
long are you prepared to go on doing nothing about situations in your business
that are not quite right?
Give me a call, I may be able to help.
The
Insider's Guide to Commercial Investment Real Estate
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