Posts Tagged ‘commercial’

Getting the Best Deal in Miami Commercial Real Estate

October 24, 2012

If you are considering commercial real estate, you are on the point of having the opportunity to make some excellent profits. But of course it is important that you know what you are doing and have some great investment strategies that will make you successful.

This is venture that can be very lucrative are you doing it in the right way. But of course it is very important that you learn how to obtain good commercial real estate deals. Today there are different of commercial properties in Miami that you can get involved in such as apartments, to office buildings, warehouses or purchasing a land and developing commercial properties on it.

Strategies to keep in mind

If you are trying to obtain a good commercial real estate deals, it is going to take more than great luck. You should have strategies in place that will help you find thee excellent deal in the first place. Here are some of the few strategies that you should keep in mind when looking for South Florida commercial real estate deals.

Commercial real estate agents

One of the best strategies that you can use to find excellent commercial deals is to hire a commercial real estate agent as well as property managements firms. These professional experts can help you through the entire process and they can even help you find great commercial deals as well. Though you need professional fees to them, you will lessen your risks and you will definitely enjoy excellent benefits that will make the fees well worth it.

Do some research?

Doing your research is the best strategy and for sure you will be able to use it. Make sure that you have research the area you are thinking of investing in and do thorough job. This is especially important if you are planning to invest apartments. You have to find out the average income average of the household in the area, the rates of vacancy and anything you possibly can to help you make a wide decision.

Analyze success of tenants

Another of the strategies that you should be using includes analyzing the success of the tenants before you purchase a commercial property. If tenants are not successful, then you have to think again the purchase. The last thing you need is a building that goes vacant because the businesses of your tenants go under.

Things to remember

There definitely can be a lot to purchasing Miami commercial real estate and even with great strategies you need to make sure that you carefully consider each deal. As you start looking for the perfect properties, you have to make sure to keep these things in mind.

Ella Ayson

Commercial Real Estate — Adding Value To Your Property To Boost Profitability

October 15, 2012

There are a lot of people that turn to the South Florida commercial real estate market because of its great potential to create a sizable profit for any investors. Aside from the actual fact that Miami is one of the best locations for people to place their investments, it has proven to be among the most beautiful places in the United States which can allow an investor to be surrounded by the sensational brilliance of South Florida.

However, there is more to commercial real estate investments than just being able to acquire suitable properties from the Florida investment property market. In fact, it has become known to numerous investors that they also have the power to add value to their investment properties which will essentially be in favor to the investors who are able to do so successfully.

We are now going to look into the possible ways that any investor can add value to an investment property to help them create even more profit in the future starting with a simple step that incorporates the use of language in the Contract of Sale that will grant the investor control over the Miami commercial real estate property which will ideally be during the stages where the least amount of finances are at risk.

In doing so, investors will find it best to learn about contingencies which are basically unexpected events or situations that can influence the financial health of a company. If you are someone who is going to invest in a property then it is best that you learn as much as you can about various contingencies which can be used in order to have some control over the possible risks and rewards of the investment.

Having already acquired a suitable property option from the  market, the idea is to add to its existing value by dedicating reasonable amounts of money into addressing any issues that can improve the overall aesthetic as well as functional value of the investment property.

Whether it involves having landscaping work done or simply having upgrades made which can make the property more appealing, these are all options that will prove to be suitable in your goal of adding value to the property. Sure, it is going to cost you now but the benefits of having a better piece of property will definitely be reflected in the future as profits gained will be increased by the fact that your Miami commercial real estate property now holds more value.

By Joan Vonnegut

December 8, 2007

Over the objections of dozens of residents, the Davie Town Council voted early Thursday to move ahead with a new 28-acre residential and commercial project.

The $70 million project known as Trotters Chase would be built on Griffin Road between Davie Road and Florida’s Turnpike. The site was once a horse farm. At a Wednesday night council meeting that stretched past 1 a.m. Thursday, some residents wore T-shirts that read, ”Less Is Better . . . Keep Davie Green.” They said the development would increase traffic, noise and crime.

Their arguments didn’t sway council members Susan Starkey, Marlon Luis and Mayor Tom Truex, who voted for the project. They liked the promise of miami-based Amadi Company, the developer, to set aside 20 percent of the residential units for workforce and affordable housing.

Councilman Bryan Caletka was the sole ”no” vote. Councilman Michael Crowley, who represents the district where the proposed project will be built, did not attend. He recently became the father of twins. A final vote on the issue is scheduled for 7 p.m. Dec. 19 at Town Hall, 6591 Orange Drive.

One opponent of the proposed mega-development pointed to the town’s logo and said, “Last time I checked, there was a horse on the town seal, not an apartment building.” That was resident and horse owner Elyse Swalley, whose one-acre homesite will overlook the project’s sewer station. ”I’m just numb,” she said of the council’s decision.

A handful of residents spoke in favor of the project, but some were employees of the company, said the developer’s attorney, Dennis Mele.

Vanessa Arellano Doctor