It's a question asked over and over by people in the business world. Should I invest in buying a commercial property or keep renting the space? Can I afford to buy a space for my business? Is renting easier than dealing with everything that goes along with owning? So many questions! While I can't answer what is the right thing for you to do, I can offer a little insight into the advantages and disadvantages of each, giving you an opportunity to see which might be best for you and your ... read more
If you are interested in investing in commercial real estate (or already do) these are some apps that would greatly help you!
Zillow is THE real estate app, commonly used for people searching for residential properties, but it can also be great for CRE investors. If you want to know how much a property is going for or how much that house could rent for, this is a great starting point. To get a more thorough analysis it is best to go through a Commercial Real Estate agent.
LoopNet Commercial R... read more
Each month, I will feature an exceptional, noteworthy property. This month, I've selected 1418 Cedar Avenue. Check out its very own website here --> http://www.1418cedaravenue.cbdistinctive.com/
So why this property? Well first of all, it is located in the very desirable North city Neighborhood. According to an article posted a year ago, this area is noted as being “hip and trendy, quiet, and urban sophisticated.” The median price of a single family home in this ... read more
What is a commercial real estate investment? It can take many directions, depending upon your market desires. It can take the form of an apartment building that you can lease out, a multi-family complex, or most commonly, a retail space. In Grand Junction, multi-family homes are really hot! As the University continues to grow, more students need housing and investors are seeing the opportunity to purchase properties that may be able to provide a higher return. When a pro... read more