When you purchase a new property you expect it to be
able to turn around a profit. In this article you will find out different
strategies to earn additional income with your commercial real estate.
able to turn around a profit. In this article you will find out different
strategies to earn additional income with your commercial real estate.
Commercial real estate is a hot commodity among investors. Quite
frankly the possibilities are endless. You could have one location that is for
your personal business. Another that you rent out to a tenant. Or one just for
storage. It is all up to you when it comes to what you want to do with it.
Fixing and flipping properties when done right is a very profitable, as well.
frankly the possibilities are endless. You could have one location that is for
your personal business. Another that you rent out to a tenant. Or one just for
storage. It is all up to you when it comes to what you want to do with it.
Fixing and flipping properties when done right is a very profitable, as well.
It’s
the little things that matter when it comes to commercial real estate
the little things that matter when it comes to commercial real estate
Taking the time out to make little repairs of cosmetic
enhancements can make a vast difference in the amount of revenue that you end
up making. Commercial real estate
has hundreds of different variables that you can take advantage to bring in the
best clientele. Many people make their money back if they take on a lot of the
responsibility of managing their properties themselves. Why hire someone or a
group of people to do something that can be done by you? You keep money in your
pocket and in turn you can reinvest in something else.
enhancements can make a vast difference in the amount of revenue that you end
up making. Commercial real estate
has hundreds of different variables that you can take advantage to bring in the
best clientele. Many people make their money back if they take on a lot of the
responsibility of managing their properties themselves. Why hire someone or a
group of people to do something that can be done by you? You keep money in your
pocket and in turn you can reinvest in something else.
A great way to
make money off of commercial real estate
is to rent it out to multiple tenants. Say you have a property with roughly
2,400 square feet, instead of having one large business you could split it and
have two businesses within the space. This is called a co-working space. Many of
these types of businesses are popping up around the country. Depending on your
assets you could buy a large piece of property and have two or three small
companies renting space. Along with that, you can also give freelancers a
payment plan in which you charge them to use the space. Judging on the
different types of benefits and perks you have will also bring in more clients.
make money off of commercial real estate
is to rent it out to multiple tenants. Say you have a property with roughly
2,400 square feet, instead of having one large business you could split it and
have two businesses within the space. This is called a co-working space. Many of
these types of businesses are popping up around the country. Depending on your
assets you could buy a large piece of property and have two or three small
companies renting space. Along with that, you can also give freelancers a
payment plan in which you charge them to use the space. Judging on the
different types of benefits and perks you have will also bring in more clients.
You can also do this with a home. Instead of having
one family living in the house you have; instead, you can rent out the rooms and
charge more than you would regularly with one person. By doing this you can
make more money to pay off expenses that may come along renting out a space.
For example, you may have to take out a commercial real estate loan to help cover the cost. If you were to rent off a home
piece by piece you could possibly pay your loan off quicker.
one family living in the house you have; instead, you can rent out the rooms and
charge more than you would regularly with one person. By doing this you can
make more money to pay off expenses that may come along renting out a space.
For example, you may have to take out a commercial real estate loan to help cover the cost. If you were to rent off a home
piece by piece you could possibly pay your loan off quicker.
What
if I want to sell my commercial real
estate property?
if I want to sell my commercial real
estate property?
If you want to sell your commercial real estate you then should. As we stated before you
have the power to do so. Judging on how must you put into your property the
more you can possibly get for your money.
Say you bought a property below market value that does not need a lot of
enhancements or repairs. You can sell it higher than market value. Or if you
have a piece of commercial real estate
with a business using it you can dissolve their tenure and sell it to them if
they want the space.
have the power to do so. Judging on how must you put into your property the
more you can possibly get for your money.
Say you bought a property below market value that does not need a lot of
enhancements or repairs. You can sell it higher than market value. Or if you
have a piece of commercial real estate
with a business using it you can dissolve their tenure and sell it to them if
they want the space.
Level 4 Funding LLC
Arizona Tel: (623) 582-4444
Texas Tel: (512) 516-1177
Dennis@level4funding.com
www.Level4Funding.com
Arizona Tel: (623) 582-4444
Texas Tel: (512) 516-1177
Dennis@level4funding.com
www.Level4Funding.com
NMLS 1057378 | AZMB 0923961 | MLO 1057378
22601 N 19th Ave Suite 112 | Phoenix | AZ | 85027
22601 N 19th Ave Suite 112 | Phoenix | AZ | 85027
111 Congress Ave |Austin | Texas | 78701
About the author: Dennis has been working in the real estate industry in some capacity for the last 40 years. He purchased his first property when he was just 18 years old. He quickly learned about the amazing investment opportunities provided by trust deed investing and hard money loans. His desire to help others make money in real estate investing led him to specialize in alternative funding for real estate investors who may have trouble getting a traditional bank loan. Dennis is passionate about alternative funding sources and sharing his knowledge with others to help make their dreams come true.
Dennis has been married to his wonderful wife for 42 years. They have 2 beautiful daughters 5 amazing grandchildren. Dennis has been an Arizona resident for the past 40 years.