How to get rich with real estate – or poor

Isn’t that what we all want to know? I always wanted to get rich with real estate. It seems like a simple enough equation but what appears to be a simple method in theory is very often not found in reality.

First and foremost: A property must generate cash flow

Here you can see the basic components that decide the income and therefore the regular income from a rented real estate. Generally, the property has to make profit. The income from your property has to be higher than what you spend. This is a simple and most important rule if you want to make money from renting.

Cashflow is the “key” so to say – just with this income we increase our available capital, which we can spend as we like. We have to take all costs for the property in consideration though, everything – running cost, repairs, maintenance… etc. – to be able to calculate the expected cashflow.

Our goal should also always be to invest as little, if possible, no equity at all. Because on the one hand we can maximize our return on equity and on the other hand we keep our own money with us. In other words: we are looking for bank offers that finance 100% of a real estate for us. To do this, of course, as borrowers, we have to meet the banks requirements. Those costs for a credit also have to be taken into consideration.

How to get rich with real estate – cashflow is the most important

After considering all costs our cash flow should still be positive. Some may now think: there is no such property available by any means. But they do exist! Granted, you may need some time to find them. But why not have a look at our real estate listings? Surely you will find some interesting properties.

The same of course is valid if you are trading with real estate instead of renting it. The only problem is that it will take longer time to generate cashflow as you don’t get money on a weekly/monthly basis. It might be a bit more difficult to get by until you make a sale. You can list your real estate for free on www.listproperty4free.com

Make your homework

Also, if you are buying and selling properties for a living make sure you check with your revenue office beforehand to know how much of you profit will need to be paid in tax. This is also an important figure to keep in mind, in some countries this tax is very high.

Also, you might need to register yourself as a business depending on your local laws, this is always good to investigate before you start as it can be a real game changer.

Conclusion

I did not get rich with real estate but I’m able to make a living without needing to go to a job every day. That was my goal and I’m happy that I reached it. I had to start small though and I’m glad I did as I learned a lot with my smaller projects bringing me to where I am today.



Work as a real estate agent while still in University

Is it actually possible to work as a real estate agent while still in University?

Being a realtor or even just a sub agent may be a very easy work which can be done on a part time basis while studying at the university. All you’ll need may be a realtor license or a friend with a real estate business. Sounds easy enough, right?

That’s why above question crossed my mind. It would really be a cool way to get enough money to support your busy life as a student. Here is what I found out.

I came across many agents who got their Real Estate Agent’s license while they were still in College. And it seems, if you are passionate about real estate and good with people this is definitely the way to go. Maybe you were planning to go in this direction anyway so this is a fantastic way to start getting some experience.

You are probably very limited regarding your time

That’s why the best would be to only start as a part timer. Ideally, you can set your own hours and pick up listings between classes. You can start doing open houses on weekends – that’s when most of the clients are around anyway.

Some who started doing this loved it so much that they left college all together and concentrated on their real estate business. That’s not what we like to encourage! Everybody has to make their own decision regarding their career.

If you like to try it yourself with little money – maybe you have a friend or relative who wants to sell a house – why not try some websites where you can list real estate for free. This will keep your costs down until you made your first money that you can reinvest into your little venture. Here at https://www.listproperty4free.com/ you can list your real estate ad with no strings attached. Interested buyers will contact you directly.

Even if you fail…

Even if you try to work as a real estate agent while still in University and fail, don’t see this as a waste of time. At least then you know it’s not for you and the experience you made in this time will always be helpful for you in the future – maybe when you get your own home.

Some even found out that they rather buy properties themselves, do some work or staging on it and resell it for more money. That’s what I ended up doing. It’s great because you have full control over your time and project.

Some even work their way up this way. This is called the property ladder. With the money you got from selling your first home you buy the next slightly more expensive as you have a bigger budget now. This you repeat several times until you are at the top. You might discover that this is something you really enjoy doing as it usually involves handy work or decorating. For many this is far more interesting than to work in a real estate office.

If you are looking for a first project that you can buy with a small budget

Check out this website: https://www.propertyunder20k.com/. It only lists real estate below 20,000 Euros.

Conclusion

It’s definitely worth a try to work as a real estate agent while still in University. Maybe even helps you to find out what kind of work you like to do in the future.

Real Estate Guest Posting Service

Do you have a topic you like to share with our visitors? We’re continually searching for guest posts that give a one of a kind and helpful point of view on any subject relating to real estate.

Real Estate Guest Post Guidelines

Title: Please give us the title of your Blog Post.

Name: we like to publish your name as author

Keyword: Please give us the keyword you are targeting with your article

The article has to be unique and well researched (no fake news).

Content Length: we would suggest a minimum of 500 words as it might be difficult to cover any subject in less than that. Please ensure your story is relevant to people in general and that it contains helpful data.

Pictures: You can send us one or two photographs to include in your article.

Altering: We maintain the right to alter your post (content, title and captions) to improve readability and SEO. In this case we will send the altered article for your approval before publishing.

If you like to include a do-follow backlink to your article you can do so for a small fee of €10.  Please contact us at guestpost@listproperty4free.com to submit your guest post or for any questions.

Thank you.

We love to cover as many topics relating to real estate as possible. If you are looking to find the perfect home for you, have a look at our real estate listings.

If you like to sell your property- list it for free.

How the Internet has revolutionized the Real Estate market

The arrival of the Internet has changed the real estate market for ever. Until 1998, the hunt for a suitable home to buy or sell took place through the advertising in the local newspaper or a big sign in the front of the house.

And these approaches are still used today. With the arrival of online property portals, the significance of the newspaper for many real estate agents has dropped radically: both buyers and sellers create their choice to purchase a property and locating an agent largely online. Obviously, personal recommendation can be still a large thing which shouldn’t be underestimated.

Consequently, the objective of any real estate agent needs to be that potential buyers encounter his real estate offers before everybody else, be it on some real estate portal or straight on his own website. But how can you do this?

Real Estate Market: Listing alone is no longer enough

The competition on the sector is fierce. New thinking is necessary, because listing an ad alone, is no longer sufficient.

Real estate hunt online

When it comes to the real estate market, it’s important to put yourself into the buyer’s shoes.

Fundamentally, the earlier the agent manages to get the buyer to his website or on the portal, etc., the greater the chance to get a deal!

The buyer is on the lookout for advice: he’s at the research phase. He’s now considering selling his own property. That’s the reason why he is searching with Google for advice about his or her concerns. It would be great if this possible client would land on your website at this phase.

For you, this means making services and information about the sale and purchase of property – obviously with reference to a region.

Some potential topics could be: Advice about energy efficiency, market cost determination, house staging, aftercare for clients and a whole lot more.

SEO-optimized composing: Little interventions make a huge impact

But every individual text must also be aligned in this manner that it matches the research requirements of your target group. The intention is that Google shows your text up in the results listing. Possible buyers may find your content before anybody else. Including search engine optimized composing, for that there are a few principles. The simplest & main guideline is: The preview which the searcher enters in his Google search should, if possible, look in the heading and at the very first paragraph of your text!

Where’s the real estate agent’s digital home in 2020?

The most fundamental place for many is your own homepage. This ought to be so intuitive that the consumer can find all of the important information and various methods to get in touch with you. But several websites are distinguished by the fact that they feature mostly static, i.e. virtually classic content that’s rarely changed (like contact, imprint, about us).

Your home can also be on a real estate platform where your available properties are featured along your contact information. This can be at https://www.listproperty4free.com/

Social networking is standard now

At the era of Social Networking, you will find tons of places online where you can also present content.

Most successful agents are on Facebook – the business page is currently standard.

Another great place is youtube. It has been a part Of the Google family and also shows up high in the results listing. It is possible to learn how specialists use real estate videos. Naturally, videos are a great deal and more chances to find you.

For all activities on the Internet, you should produce as many connections to your content as you can.

The searcher’s first experience with the Broker or his property occurs from the results listing.

It is important to be visible on top of the results listings and to look better than the offers of your competition.

With bump-up (to be on top) and spotlight displays, your visibility is increased. Like that possible buyers actually click on your ad and possibly contact you. That of course requires a good quality of pictures and text.

Find some great offers on the real estate market on www.all-real-estate.com

It’s free real estate – properties for 1 Euro

The ‘it’s free real estate!’ meme, a line from a Tim & Eric Awesome Show, definitely comes to mind when looking at the latest property ads on the cheap real estate market. I could not believe it myself and was actually contacting the advertiser and told them to change the price to the actual value.

To my surprise all three properties the real estate agent offered for 1 Euro each turned out to really be for only one Euro. Of course, the one Euro is just a symbolic price.

But where is it and Why?

The location is beautiful Sicily. Apparently, that’s where several towns are testing the 1-euro scheme.

With this initiative, small towns with shrinking populations aim to repopulate the old town and recover abandoned real estate.

Those who purchase a building are free to use it as a home, hotel, B&B, restaurant, or shop — although tax incentives may be given to those who decide to stay and live there.

It perhaps sounds too good to be true, and there is, of course, always a catch. In reality, if a home for €1 sounds too good to be true, that’s because it is. €1 won’t get you a house that’s ready to move into. You have to be aware that you are buying a fixer-upper that comes with a few conditions.

The small town of Bivona is the latest destination for real estate tourists hoping to get one of the cheap houses. Make no mistake, Bivona is no ghost town. It is located at the foot of Monti Sicani, an area full of history and beauty. You can see more information about the project here: https://1eurohouses.com/case-a-1-euro-a-bivona/

If you are interested to get on with the sale right away, you will be happy to know that “My House” is the agency which has been appointed by the Town Hall of Bivona to handle the sale of these 1 euro properties. You can find their website on www.propertiesinsicily.com.

Did we made you curious to see some real offers of cheap real estate in Sicily, or maybe you have a cheap property for sale, then visit https://www.listproperty4free.com/

When will you get your free real estate?

What are the most searched real estate locations?

I recently tried to find the most searched real estate locations in the world. Seems easy enough, right? Well, actually it is not. We can find the answer to that question only to some degree. The reason being that we have limited sources…

First of all, we usually can only see what people search on the internet.

Nobody is able to analyse all the requests real estate agents get from their clients all over the world in person. And to be fair, in many countries the face to face business is still more common than online business especially when it comes to real estate.

Another factor is the many languages spoken in this world. If I search for “most searched real estate locations” I will only get results in English – only representing English speaking countries. According to Wikipedia, there exists approx. 6500 languages though…

Another thing is that even among English speaking countries there are differences, one country might call it “real estate” but another country rather uses the word “property” instead.

Also, we can look at statistics of Google or similar search engines but what about the thousands of real estate portals that exists all over the world? How can we know what users enter in their search form? You really need to make a lot of research to come even close to an answer for that question.

Anyway, what kind of locations are you looking for? A country, a city or even a town…?

Usually people ask about the most searched real estate locations because they like to know where is a really good place for investment. But then, this again comes down to the good old fashion supply and demand rule. If demand increases and supply remains unchanged, then it leads to a higher price.

Taking this in account, we need to see where demand is actually increased.

To determine whether demand is increased you have to compare the number of searches for real estate with the number of available real estate. And this can mean that you don’t need to go all around the world to find a good investment. It might even be a small town in your own country.

From my experience any place (city, town) that has good jobs available has a thriving real estate market.

For example, I live in a small town with a lot of industry and jobs around. Therefore, the demand for real estate – especially one-bedroom apartments – is very high. The last apartment that was put up for sale sold within 12 hours. Amazing! That’s the kind of location you like to invest in.

But to come back to above question, here are some locations I found today using results of search engine results in English:

London, Vancouver, Toronto, Utah, Newburgh Indiana, Wake County and Allegheny County Real Estate

I have to say though, after all research I did on this topic those locations not necessarily are a good place for investment. You will always need to make more research to determine whether it is a good location for an investment or not.

If you are looking for real estate bargains, cheap properties, we can recommend

https://www.propertyunder20k.com/

or, if your budget is a bit bigger

https://www.propertyunder50k.com/



What is House Hacking?

When I first read about house hacking, I was very surprised. I thought this was a new thing, but I discovered that I’m actually already doing it for years.

House Hacking is a great new name for a concept that has been around for a long time. Although it isn’t new, the popularity has increased dramatically. While owning real estate has becomes less affordable – especially in city centres, inventive home buyers are finding new ways to own a great property.

Basically, House Hacking is a tactic that includes renting out portions of your property to generate income. This income is used to pay your mortgage and other expenses linked with owning your real estate. If done properly, it lets you live in a great location completely for free, or even generate some profit.

Of course, although it gives you some financial relief it doesn’t come work free. You must be willing to become a landlord and take on all duties that come with it.

Ok, so how can I House Hack?

The entire idea of an effective House Hack is to find real estate with as many rentable spaces as possible to generate income. These can be a multi-family building with several apartments, extra bedrooms in a single-family house, additional space that can be converted into liveable space or even a garage.

That’s basically what I did. I bought a multi-family house with a garage. The property had 4 apartments. I moved into one apartment and rented the other three units and the garage. Like this I was able to live for free and the rents that I received paid all expenses of the property.

Best is to make some calculations before you go house hunting to see what you actually need. First question you need to tackle: How many units do I need to rent to pay the mortgage and other expenses of the property?

Also keep in mind that the location is very important. A great location will give you a better rent and you will find tenants quicker.

If you don’t like to consider a Multi-family property, what about a single-family house with a granny flat? Have a look around in the real estate market and see what could work for you.

Conclusion

If you like to be an inventive real estate investor but doesn’t want to pay the mortgage out of your own pocket, House Hacking could definitely work for you. Your real estate isn’t just your residence, but it’s also providing you with an income.

Start looking for your House Hack property.



10 small things you can do to keep your home in excellent shape

We all agree, how nice it is to live in your own home! But this does not necessarily need to be a new building, because a converted or older house can just be as good that, maybe even be better. At the same time, however, you should pay particular attention to older real estate to enjoy it for many years to come – and get its value in case you want to resell your home someday.

Let’s look at 10 tips on how to do this.

Tip 1: Do repairs without delay

Maintenance is key. Take care of necessary repairs immediately. Whether a drain is clogged, the gutter is leaking or the shutter is stuck… Do not postpone such supposed trivialities, but tackle them before they become a bigger problem. It does not always have to be a costly craftsman. Many things can be done by yourself or by friends. And if you ever need a professional you might be able to include his bill as an expense in your tax declaration.

Tip 2: Ventilate and heat properly

Even if the insulation has already been improved during the renovation, you can do even more to prevent condensation and mold. Do not place the windows in a tilt position for hours. Instead, it is advisable to have a breather once or twice a day, during which you open the windows for 5 to 10 minutes and turn off the heating. By the way, a cross ventilation is recommended for a complete exchange of air, in which the air flow pulls through the whole house. Open the intermediate doors and anchor them with a doorstop to prevent them from slamming.

Tip 3: Turn off water in winter

If you live in a climate with freezing cold winters turning off the water is a must. Maybe your house has pipes that lead to the garden or some unheated rooms like a garage. These should be turned off in winter, especially if there is a risk of frost. Otherwise a pipe break threatens because frozen water, meaning ice, needs more space in the pipe than liquid water. By the way, you should also completely empty the garden hose in winter, as it can also cause water damage.

Tip 4: Avoid moistening the wall

With heavy showers accompanied by heavy wind, you can usually wait for the walls to dry again. But not with snowdrifts: Anyone who does not actively remove the snow here risks damaging the walls. Then the mortar may crumble, and algae and mold can settle there. Therefore, you should always be mindful in winter. Even when snow clearing be careful to don’t shovel the snow directly on the house and garage walls.

Tip 5: Protect your parquet and laminate floors

Delicate floors should be treated gently. Dirt and moisture on the footwear damage parquet and laminate. Take off your shoes before entering or lay a runner where you cannot avoid entering with wet or dirty footwear. Be careful with potted plants and their irrigation water with these floor coverings. Place the plants in a saucer so that no soil or moisture reaches the floor of your home.

Tip 6: Use balcony plants sparingly, but pour more frequently

Many people when watering their balcony plants water so generously that the irrigation water runs down the balcony floor and walls. But watch out, here too will happen moisture damage. Keep in mind, it is better to pour a little more frequently, but well dosed, so that the water does not permanently damage the walls. By the way, frequent watering but with less water is also better for most plants.

Tip 7: Only burn dry and untreated wood in your wood stove

Some people dispose of lacquered or impregnated wood in their wood-burning oven. Not only does this cause harmful fumes, it also does not go well with your heating. It creates soot deposits in the exhaust pipe and chimney. Gloss is particularly dangerous as a result of too moist wood or too little oxygen. Because it can ignite and cause a chimney fire with temperatures up to 1,500 degrees Celsius. Therefore, only fire your stove with untreated, dry wood.

Tip 8: Do a spring check

And again, we talk about maintenance for your home. Fall and winter are regularly causing some damage to a building. There might be clogged gutters and downpipes, cracks in the plaster, roof tiles loosened by storm or peeling paint. Here, fast action is often required! Best you get a checklist of what to look out for. In some areas this checklist can be found at the Association of Private Builders.

Tip 9: Where water vapor is generated, air immediately

In dry rooms it is sufficient to ventilate once or twice a day. Not so in rooms where steam is created. We are talking about the bathroom after bathing and showering or in the kitchen during and after cooking. Even if it is still cold outside, ventilate the steam immediately. By the way, the bedroom should also be well ventilated, because steam also gets into the room air during sleep by respiring. And you know, when water vapor sets on cool walls, mold quickly turns up.

Tip 10: Ask chimney sweeper for advice

A heating system usually offers a lot of optimization potential. However, if you ask your heating engineer about this, you will not necessarily receive neutral information – because as an entrepreneur, he may have an interest in selling you something new. The chimney sweeper comes into the house anyway. And if you ask him, he can certainly give you a lot of good advice for the right setting of your heating system or for ideal heating behaviour in your property. Try it, it can be worth it!

An existing property can be a lot of fun!

Are you still dreaming of your own home, but have not found one that suits you and your needs? Look no further.

Find your home among our property listing on www.all-real-estate.com

For smaller pockets, have a look here www.propertyunder20k.com

What Real Estate is all about

Many реорlе bеliеvе thаt real еѕtаtе is nоthing mоrе thаn hоuѕеѕ, apartment buildings, lаrgе office ѕtruсturеѕ.

And while thаt mау bе truе, real еѕtаtе, by definition is muсh mоrе. Rеаl estate iѕ rеаl рrореrtу thаt соnѕiѕtѕ оf land аnd imрrоvеmеntѕ, whiсh inсludе buildingѕ, fixturеѕ, rоаdѕ, ѕtruсturеѕ, and utilitу systems. Property rightѕ givе a title оf оwnеrѕhiр to thе land, improvements, аnd natural rеѕоurсеѕ ѕuсh as minerals, рlаntѕ, аnimаlѕ, wаtеr, etc.

Once upon a time thе роwеrѕ that be dесidеd tо split ‘рrореrtу’ intо twо ѕераrаtе grоuрѕ. Real and Personal. Whаt’ѕ the difference bеtwееn these twо? In a wоrd, movability. If it mоvеѕ, it’ѕ соnѕidеrеd tо bе personal with a few еxсерtiоnѕ. Real property соnѕiѕtѕ оf thrее thingѕ. Land, thingѕ аttасhеd оr аffixеd to thаt lаnd аnd lastly, аррurtеnаnсеѕ.

Lаnd is рrеttу easy. Hоwеvеr it’ѕ nоt just the lаnd you оwn. You аlѕо оwn ѕub-tеrrаin rights, dереnding оn your lосаtiоn. Thiѕ iѕ аlѕо true with thе аirѕрасе above уоur рrореrtу. You own uр tо a certain hеight, аgаin dереnding оn your lосаtiоn. At some роint thе government takes over аnd ѕауѕ, оkау thаt’ѕ it. The rеѕt is оurѕ. We hаvе аirwауѕ to think of аnd we’re nоt going tо have еvеrу flight file a milliоn еаѕеmеntѕ every time thеу tооk off.

Twо, itеmѕ attached tо thе lаnd. We tаkе thiѕ fоr grаntеd. Your hоmе is соnѕidеrеd аn аttасhmеnt. If you lооk оn уоur dееd, I doubt уоu’ll find аnу mеntiоn оf thе ѕtruсturе on your lаnd. Thе house transfers with the ѕаlе bесаuѕе оf its’ аttасhmеnt tо thе land.

What is Real Estate Management?

Rеаl estate mаnаgеmеnt саn hеlр rеаl еѕtаtе invеѕtоrѕ rеаlizе thе mаximum potential оf thеir investment. Rеаl еѕtаtе mаnаgеmеnt is uѕеd fоr all property tуреѕ, аnd this inсludеѕ trаilеr раrkѕ, араrtmеntѕ, hоmеѕ, induѕtriаl plants, ѕtоrаgе рlасеѕ, stores, аnd оffiсеѕ. Prореr rеаl еѕtаtе mаnаgеmеnt саn save уоu a lоt of money аnd aggravation, аѕ well as keeping оr inсrеаѕing the vаluе оf your invеѕtmеntѕ. A professional рrореrtу manager оr management соmраnу will hеlр you mаximizе уоur invеѕtmеnt while minimizing any unnесеѕѕаrу costs involved.

A real estate mаnаgеmеnt соmраnу will hаvе expertise in рrореrtу mаnаgеmеnt, аѕ well аѕ thе time аvаilаblе tо deal with any аnd аll рrоblеmѕ. A good rеаl еѕtаtе mаnаgеr will help market the рrореrtу to minimize аnу vасаnt unitѕ, which dесrеаѕеѕ уоur рrоfit. Thеу also normally have thе еxреriеnсе nесеѕѕаrу tо wееd out a lаrgе number оf unsuitable tеnаntѕ bеfоrе thеу еvеn rеnt thе рlасе. An еxреrt рrореrtу manager will bе аblе to tеll good tеnаntѕ frоm bаd tеnаntѕ and wееd out оnеѕ that will end up сrеаting рrоblеmѕ оr nоt paying thе rent оn time оr at аll. Thiѕ аѕресt alone mау ѕаvе уоu hundrеdѕ оr thоuѕаndѕ оn соurt соѕtѕ and fееѕ tо еviсt аn unwanted tеnаnt.

Real Eѕtаtе mаnаgеmеnt iѕ whеn you hirе оr аuthоrizе a professional tо manage уоur real estate invеѕtmеntѕ fоr уоu. Thiѕ inсludеѕ ѕhоwing thе unitѕ, ѕigning lеаѕеѕ, dоing аnу rераirѕ and mаintеnаnсе, аnd imрrоving thе vаluе оf уоur initiаl invеѕtmеntѕ. A rеаl еѕtаtе manager will oversee еvеrу aspect оf your rеntаl рrореrtу tо mаximizе уоur inсоmе аnd investment vаluе, whilе minimizing thе соѕtѕ and unnесеѕѕаrу rераirѕ.

What do Real Estate Agents Do?

Cliеntѕ in thе рrореrtу business ѕеаrсh fоr rеаl еѕtаtе аgеntѕ whеn ѕеlling or buying property. Thеу are also known as dеаlеrѕ оr brоkеrѕ, and thеу act as intеrmеdiаriеѕ bеtwееn a buyer and ѕеllеr. The mаin mode of рауmеnt is thrоugh commission. There services dереnd оn whiсh ѕidе thеу аrе working for, аnd thеу hаvе vаriоuѕ duties. Yоur rеаl еѕtаtе аgеnt will detail thеѕе duties fоr уоu.

If a dеаlеr iѕ wоrking on thе ѕidе оf thе seller, it iѕ hiѕ dutу tо еnѕurе the property on sale iѕ advertised. Thе advert hаѕ dеtаilѕ оf thе property tо bе ѕоld оr leased. Onсе the advert iѕ рlасеd on the website оr оfflinе thrоugh newspapers (оr оthеr mеdiа), thе dеаlеr will bеgin оn hiѕ next ѕtrаtеgу.

The brоkеr will ѕtаrt оn marketing the property.

If thе рrореrtу attracts any intеrеѕtеd раrtiеѕ, it is the rеѕроnѕibilitу of the brоkеr to follow uр оn the buуеr. Bу doing thiѕ, thеу are able tо come tо an agreement оn the рriсеѕ bу nеgоtiаting.

Looking for some real estate? Look no further,
find a property on www.all-real-estate.com

You can also use our map to find a property near you.

Taking advantage of the best Commercial Real Estate for Sale


You like your commercial real estate purchase to be a smooth experience? Then, you may need to consider a professional agent to get you the best deals. With the increasing popularity of the real estate industry these days, you will find lots of commercial property for sale in the market.  However, these real estate agents play a vital role in helping you buy or sell a property efficiently.

In this tough economic period, buying a commercial real estate requires making a sensible and careful decision. But to my chagrin, many people still overlook this aspect and ultimately regret their decision. It does not matter the type of business you are involved in; a reputed agent will provide you with the best commercial property for sale listings. After that, you can go through the listing provided and accordingly make an appropriate decision.

How To Determine The Value Of A Commercial Real Estate For Sale

When you are considering a commercial property for sale, one of the major things to ask for is the profit and loss statement. Some real estate agents may refer to this profit and loss statement as an income property operating data sheet (IPOD). The reason for this when looking at any commercial property for sale is that the owner and/or agent often tend to exaggerate the income that the commercial property for sale generates while also trying to lower the amount of operating expenses that are reported. But with the IPOD, you can compare the information provided by the seller or agent to your other sources to determine what the actual numbers are.

How To Protect Yourself

One way to protect yourself when considering a commercial property for sale is to ensure there is a clause in your purchase contract that gives you a period to escape the deal if you are not pleased with anything you find. If done correctly, you may tie up a commercial property for about 50 days to have enough time to determine its real value.

Hiring A Commercial Real Estate Agent

The best part of hiring a real estate agent is that they are generally up to date with the latest happenings in the industry, and will help you make amazing dealings to ensure you get what you desire. Before hiring one, you can check their past records, qualifications, as well as read their customer’s reviews to get an idea of what to expect from them. This way, your chances of getting good commercial real estate deals will be high.

Final thought

Commercial real estate can be a great investment opportunity for you. However, you don’t have to be frustrated if your initial efforts to get the best commercial property for sale end up fruitless.

www.all-real-estate.com offers a wide variety of cheap commercial properties for sale. Whether you are selling or buying an apartment, house, hotel, land, and other commercial real estate property, and wherever you want it to be, we have an extensive database of commercial properties that will cater to your needs.

Find Commercial real estate for sale.

If your budget is only up to 20,000 EUR, have a look here, cheap commercial real estate on www.propertyunder20k.com.