Commercial Property Analysis for Your Next Investment Property

If you plan to purchase an investment property, you should consider getting a commercial property analysis before any real estate deal. Incomplete research can sink the deal on any real estate. You must understand everything about it before making the purchase.

Many individuals consider several factors when they get a property analysis. The location of the land is very important. Is the land in area that is appreciating? Are there other business property buildings around this place? Also, the price of the asset is very important. Are the taxes expensive? Are there any local government and zoning laws? Finally you should see if the investment property is a source of potential rental income.

All investors must realize that commercial real estate has different guidelines and regulations which must be followed different from residential real estate. You do not want to purchase investment commercial land to find out that you are not permitted to lease it to a specific type of business. You may also be prohibited from making certain improvements on your property which go against the zoning laws. As an investor, it is important to go to City Hall and educate yourself on the local governmental rules and regulations which will govern what you can do with the land. Make sure you are able to do all that you plan on the property in question. Taxes are very important to consider when you are conducting a commercial property analysis. Many local municipalities offer tax breaks or incentives for business property owners who fall under a certain business-type or industry. You may also be eligible for a tax reduction, if you meet the applied deadlines. If the region charges taxes on commercial real estate at a high rate, investors could be unpleasantly surprised…especially if they do not consider taxes in their commercial analysis.

Many lending companies participate in programs which fulfill a variety of different business and community needs. There are many issues lenders take into consideration which influence whether a loan can be granted. Such issues include zoning requirements or economic make-up of the community. Commercial property analysis professionals can evaluate many factors that can help you decide whether or not to pursue a loan for that particular site.

Since your time is very expensive, you should be efficient when contacting your sellers, lenders or brokers concerning a site. Evaluating analysis information can be time consuming, but may cost you the deal if the investigation is not done thoroughly.

Securing the appropriate documents and information for your commercial venture can be hard for you to accomplish on your own. This is one of the reasons why you may want to hire a professional. This person can allow you to maximize your time. You should be able to focus on generating profits from your investments. You should have your commercial land analysis conducted by a professional; consider employing a broker or using investment property software to help you get that commercial real estate you have always wanted.

If you are planning to purchase an investment property, ensure that you get a thorough commercial property analysis before any real estate transaction. The KISCL seasoned resources will assist with all aspects of commercial real estate purchasing. Contact them online by visiting http://www.kiscl.com/.

Florida Commercial Real Estate – Having the Best Commercial Property

You can always take advantage of the recession and make some good profit in times of need. Are you wondering how this can happen? By simply investing your money in Florida commercial real estate, you will surely achieve your goal.

Florida is a well-known thriving part of the America. Money may be a little bit tight during recession but there is always a good business in Florida wherein tourists from all over the globe are flocking together. With this it is time for you to take advantage of buying a commercial property in Florida commercial real estate market. t.

These commercial properties are can be rented by prospective business owners or you can set your own business here since you have the advantage of having a good location. And after some few years when you are tired of the routine, you can even sell the place and earn a good profit from it. Normally these properties in Florida commercial real estate can double or even triple the price. With this, there will be a lot of prospective investors who will get interested of it.

Having your own Florida commercial real estate property can offer you a lot of things. As mentioned earlier, you can have it rented or open your own business using the property. You do not have anything to worry about since these properties are usually situated with those populated areas of Florida.

Opening your down business in Florida is a good idea since the money that you will use as your capital will never decrease. As we all know tourist is willing to spend for their vacation and that is good for the Florida economy not to mention their entrepreneurs. You might want to consider venturing into a hotel, spas, restaurants, bars and night clubs, shops and equipment rental for water sports and other activities. Even paid parking space is a good business idea in Florida.

When it comes to Florida commercial real estate, the location is always good. You dos not have to worry about wasting your money on a worthless piece of land even if you buy one in a small city because you can always expect to earn and appreciate after few years. Knowing all the advantages that you can get out of Florida commercial real estate, you can go ahead and start your investment. There are plenty of commercial properties that are available and for sure you will find the right one for your business ideas. You have to take time in searching and collecting selections. Once done checking the commercial real estate market, then it is time for you to make some comparisons among the selections that you have. This will help you end up with the right commercial property to invest.

Ella Ayson
Florida Commercial Real Estate

How To Build Equity With Commercial Property Investment

Equity is Money

Building equity is the primary if not the ultimate reason to buy instead of rent a commercial property. Let’s face it. It’s money in the bank. In fact, it’s better than money in the bank because you can’t get the same kind of return on your money when it’s sitting in the bank as opposed to when you’re building equity. Moreover, if you choose the right financing for your commercial real estate purchase, you can not only build equity through ownership, but you can also leverage your capital saving in order to grow your business, hire additional employees, or even purchase an additional location when the time comes.

Owning beats renting because you can sell your investment once you outgrow the space or sell the business. Even if commercial property in your area has not appreciated (which is unlikely), you can recoup your investment by renting out the space once you move out and by selling when the time is right.

If you plan on growing into your building, buy something larger than your current needs, and rent out the extra space until you need it for expansion. This will provide you with steady income that you can use to help pay your commercial mortgage loan or invest in your business.

Leasing the Land

Most commercial real estate is what’s called fee-simple. The buyer buys the building and the land, and has owner title to both. But while you might assume that you’ll be buying the land a building sits on, you may not have this option.

Some landowners choose to lease their land to a business that then constructs buildings on the leased land. The business owns the buildings, but not the land.

The disadvantages to “leasing the land” are the following:

* You own a building on land that you don’t own.
* You have to pay rent on the land.
* You may have rent increases over the years.
* You can’t do with the land as you please.
* You can’t sell it, give it away, lease it to others, trade it or leave it to loved ones upon your death.
* You are not building up equity in the land over time.
* You may be forced to move out when you’re not ready to do so.

It is usually in your favor to have a fee-simple arrangement where you own both the land and the building. This gives you more control over your property. Owning both the land and the property keeps things simple and you only have one person’s interests to consider: your own.

The first step is clearly defining what type of property you want to purchase and how you want to use it.

Decide Commercial Property Market Value Before Investing

Commercial property is often used as a source of profit for investors. It can provide great returns with a minimal amount of work. If you are interested in buying commercial real estate, it is important to determine how much the property is worth in terms of market value. This way you will know whether a certain piece of land will be a profitable investment or not.

What is a Commercial Property? Commercial property consists of buildings and land that is specifically zoned for business uses, and not for residential living. This includes all sorts of establishments like industrial buildings, offices and hotels. Things like hospitals, malls, golf courses, self-storage units, and independent retail stores are all meant for commercial purposes. They generate profit for investors either through rental income or from capital gains, when resold at a higher price.

Use the Gross Rent Multiplier (GRM) to Determine Value The value of a commercial property is based on several factors. For instance, more the building generates rental income the more valuable it is in general. This is affected by the location, whether it is in a busy popular area of a business district or whether it is on the outskirts of a town, easily accessible or just out of the way. The property’s worth is also determined by the value of neighboring buildings as well as how much of the similar type of real estate is available in a given area.

Certainly you can find out the market value of the commercial property by hiring a real estate professional, but you can make your own quick calculations to get a rough idea about the worth of a particular estate. This can be done by using this formula:

Market Value= Annual Gross Rent * Gross Rent Multiplier

To use this formula you will obviously need to find out some basic information about the land from the seller or from real estate agent listing the building. You will need to find out how much revenue the property brings in each year in rental income. That is the annual gross income.

The GRM is a ratio of a property’s sales price divided by its annual gross rents. To determine the GRM on your own, you need to get hold of a several listings for properties that are similar to the one you are considering. You find the GRM or each one and average them all together.

Once you have the GRM you will be able to figure out the approximate market value of an investment property. For example, if you know that the its rental incomes total is $100,000 for the year and the average GRM for similar properties is 8, than the value of your prospective investment land is $800,000. Using this formula is pretty accurate, and it will help you as you try to narrow down your selection of buildings to buy. Yet when it’s time to actually buy the building, you will need a professional appraiser to satisfy the requirements of your investment loan.

Commercial property investment is a vital task; hence determine the property market value before investing in it, in order to ensure a profitable investment move in terms of capital gains and rental income. KISCL program will assist in the dealings, visit http://www.kiscl.com.

Eddie Gamarra — Literary Manager

How long have you been agent and how did you get your start Eddie?

I am a literary manager/producer. I will have been at my current company for 5 years in June 2009. I first worked for Nickelodeon Home Video as the Executive Assistant and then became a Legal Assistant for Viacom Litigation back in the mid-90s while I was getting my MA in Cinema Studies from NYUs Tisch School for the Arts. I left the Biz and went to Emory and did a PhD in psychoanalysis and film from the Graduate Institute of Liberal Arts. I stayed on as a Visiting Assistant Professor but then missed the Biz so much I headed west with no job in 2003. I landed an assistant gig at Alloy (Gossip Girl, Sisterhood of the Traveling Pants) but moved to The Gotham Group in 2004.

What makes your agency different than any others?

The company was founded over 15 years ago and specialized in repping folks who worked in TV animation. Nowadays we cover writers, directors, authors, artists, publishers and animation studio who in all genres, all demographics and all media. Our company is known for repping an enormous library of underlying material. We also produce films, TV series, DVDs and online content.

What are you looking for specifically that you wish you would see more of?

Laugh out loud comedy scripts. They are the hardest thing to find.

Eddie what are you tired of receiving?
Books about girls and their first kiss.

How can a new writer get your attention in a good way?
Their writing should pop. It should be well-written and clean. I was a professor so it always kills me when I read poorly written and sloppy work. It should be commercial but fresh.

How can a signed writer stay in your radar without driving you insane?
Not sure what you mean by a signed writer.

What do you wish more writers understood about you as an agent Eddie that they don’t seem to?
As a manager, I wish more writers understood the fiscal and legal machinations of the industry. I wish they understood that we read tens of thousands of pages a year and that current clients/deals always have to take priority, so the review & response process can be terribly slow. Writers should also research thoroughly the nature of the company to which they are reaching out. Dont pitch a horror to a company that does comedy.

What’s the best way for a writer to reach you?
By referral. Cold calls and submissions get dumped immediately. There are valid legal reasons for this. We work in the field of intellectual property and writers should never just send out their ideas willy nilly. We need an exec, an agent, a lawyer or a current client to refer folks to us.

Residential and Commercial Property Tax Loan

There are more than 3,900 local government entities in Texas that collect and spend residential and commercial property taxes. They include cities, counties, school districts and other special districts that local voters have authorized to collect and spend a specific tax amount for their operations.

All property taxes, regardless of who is collecting it and for what, are local. The state and federal governments do not get involved. In fact, Texas has no state property tax. Whatever taxes have been imposed will be collected by the local tax collector and distributed to the various local taxing entities.

Before looking at how to get some property tax relief Texas , you should know that this is how the local government provides services – keeps the schools, hospitals and roads open, and pays for essential services and public facilities such as fire departments, parks, etc.

Before signing on the dotted line for one of the residential property loans Texas lenders offer, it would be advisable to figure out exactly how much property tax you will be liable for as the home owner. Visit the county property appraiser’s office and ask for the tax history of the property. Some counties allow people to see the records online too.

If you are buying the property as your primary residence, you may be eligible for a homestead exemption. Residential properties purchased as vacation homes or real estate investments do not get this exemption. However, there may be other exemptions available in special cases. Talk to a local real estate agent or broker and find out if there are any such exemptions available in the county regulations or municipal code.

Commercial properties won’t be getting any exemptions. In fact, as the property values climb, so will their taxes. Since the value of property in a commercial zone is more often than not likely to keep getting higher, the tax burden will also grow steadily. On a related note, rezoning can often cause a huge change in property tax levels. For instance, if a purely residential zone is rezoned to allow mixed-use developments, the values of all residential properties in and near the zone will shoot up high.

If you are unable to pay the tax at the moment, do not let it go unpaid. The penalties are inexplicably high, and may be as much as 47 percent in the first year alone. Letting it pile up like this can lead to seizure of the property or the taxing authority may get a tax lien that makes it impossible to sell or otherwise use the property to raise equity. Instead of getting bogged down in this mess, get a real estate tax loan and clear off the property tax dues.

The property tax loans Texas lenders offer differ for residential and commercial properties. Find Texas tax loan solutions that match your property and pay off the tax. You can pay it back it in installments along with your basic mortgage payments. The interest you pay is far less than the penalties and interest you pay the taxing authority, and you can live without fear of losing your property.

Author Bio:

Property Tax Solutions provides a convenient option of paying your Commercial & Residential Property Taxes in flexible mode of loan in 10 years term. Replace the burden of paying your Property Taxes In Texas in easy monthly payments.

Buying Singapore Public Housing At Subsidy – Understanding The Government Cpf Rules.

Central Provident Fund (CPF) was started on 1 July 1995 and is administered by CPF Board. It is a compulsory comprehensive social security network which aims to provide working Singapore Citizen (SC) and Singapore Permanent Resident (SPR) with sense of security and confidence in their old age. Your monies in the CPF’s can be used to fund the purchase of Singapore Public Housing – by Housing Development Board (HDB) resale flat in the open market. To buy HDB resale flat at subsidy, you can apply for CPF Housing Grant for the resale flat purchase, if you meet the criteria set by HDB resale and CPF rulings.

Generally you are not eligible for CPF Housing Grant Scheme in cases where you have previously enjoyed a housing subsidy from HDB, or you and all co-applicants are undischarged bankrupts, or own any of the private residential property (including HUDC flat, Executive Condominium), houses, building, land and commercial property in both local or overseas, or have not disposed of these properties within 30 months prior to the application, or if you are buying a 1-room flat or a resale flat of any flat type that has been announced for redevelopment under the Selective Enbloc Redevelopment Scheme.

If you are cleared by the prerequisites, you are entitled to apply one of the CPF Housing Grant Scheme, and later upgrade to another scheme if further qualified for higher grant. The catch is, you need to commit 5 years of minimum occupation period before you are eligible to sell your resale flat in the open market. Also you will be required to pay a resale levy should you choose to purchase another flat directly from HDB. The amount of resale levy is ranged from $15,000 for 2-room flat to the highest of $50,000 for Executive flat.

There are 7 CPF Housing Grant Schemes targeting to different eligible buyers. Family Grant Scheme is cater for married couples who are first-timer applicants. You must be Singapore Citizen (SC), at least 21 years old, must include at least one listed occupant who is SC or Singapore Permanent Resident (SPR), and form a family nucleus such as your spouse and children (if any), or your parents and siblings, or your children under your legal custody (if widowed or divorced). The average monthly household income ceiling must not exceed $8,000. Under this scheme, SC with SC household shall entitle CPF subsidy of $30,000 while SC with SPR household shall entitle $20,000.

Higher-Tier Family Grant Scheme is targeting the same recipients as mentioned above, but choose to buy a resale flat near their parents’/married child’s house, where parents are staying with you in the resale flat, or your parents and married child are the owner-occupant of property in the same town or within 2 km. SC with SC household shall entitle more CPF subsidy of $40,000 while SC with SPR household shall entitle $30,000.

The CPF grants are flexible for upgrade with the changing household profile. For instance, when your SPR family member eventually takes up SC or when you have a SC child, you can enjoy the full housing subsidy by applying for the CPF Top Up Grant to Family Grant. This Top Up Grant is also targeting to Singles SC who subsequently get married. They can apply for the Top-Up Grant for their existing flat or when they buy another resale flat, if their eligibilities matched.

If your average monthly household income ceiling over the last 1 year is $5,000 and below, you can also apply for the Additional CPF Housing Grant (AHG) Scheme in addition to the eligible Family Grant, Higher-Tier Family Grant, or CPF Top-up Grant. The AHG is meant to give extra financial assistance to people in lower-income brackets. The amount of AHG you will be eligible for is graded based on income ceiling. For examples, if your income ceiling is $1,500 or below, you’ll entitle the AHG of $40,000. The AHG reduce to $5,000 for income ceiling fall between $4,500 and $5,000,

Government has comprehensive schemes to assist SC who are Singles, also known as unmarried or divorcees. To qualify for the Single Grant Scheme, you must be at least 35 years old who are buying the resale flat to live on your own. Alternatively you can also apply with another Singles jointly up to maximum 4 applicants. Your income ceiling must be $3,000 and below if buying a 5-room or smaller resale flat. If you are living on your own, you can get $11,000 CPF subsidy. In joint applicants the subsidy will be $22,000. Singles who choose to live with their parents are eligible for the Higher-Tier Single Grant Scheme, which entitle you $20,000 CPF subsidy.

If you are a first-timer SC who marries a second time and if your spouse has previously enjoyed a housing subsidy, you can apply for the Half Housing Grant Scheme, which entitle you CPF subsidy of $15,000. If you are buying a resale flat near parents/married child like in the Higher-Tier Family Grant, the CPF subsidy will increase to $20,000.

In summary, CPF Housing Grant money can be used to offset the purchase price of the HDB resale flat from the open market, thereby reducing the housing loan amount a buyer needs to secure. You may consult reliable realtor for further advice on your eligibility to apply for CPF housing grant. A professional property agent should furnish you the latest Government, HDB and CPF rulings and transparent information such as recent transaction and current market trend to help you be well informed so that you can buy a HDB resale flat safely and at fair or subsidized price.

Hgtv 2012 Green Home At Serenbe, Georgia

HGTV has chosen to build their 2012 Green Home in the Serenbe community, located just 30 miles southwest of Atlanta. Serenbe is a sustainable development in the rural community of Chattahoochee Hill Country. The HGTV Green Home fits right in with the building standards of Serenbe, where all homes are EarthCraft Certified. The community preserves 70% of its green space, and the buildings have a minimal impact on the surroundings.

The HGTV Green Home resembles a farmhouse, with a modern floor plan and eco-friendly features. The home has 3 bedrooms and 2 baths in 2,300 square feet. The contemporary kitchen has custom hickory wood cabinetry, stainless steel appliances, and a dual fuel range. The countertops are a terrazzo blend material which includes recycled glass. The main level master suite has its own private outdoor courtyard. The upstairs kids bedroom has a unique loft area for playing games and watching TV. The homes layout encourages outdoor living. The Georgia Room functions as an indoor/outdoor space with two walls of sliding French doors that open to the outdoor decks. The primary outdoor space at the Green Home is a large barbecue deck off the kitchen, complete with a built in barbecue and an outdoor eating area. There is also a courtyard off the living room, and a covered seating area off the detached garage.

The Serenbe community is designed with villages or hamlets, each one having residential and commercial property. The villages are connected by roads and walking trails. The entire community is pedestrian friendly, and green space protects the wetlands and watershed areas. Businesses located within the Serenbe community include restaurants, galleries, shops, a medspa, and a market. A 30 acre certified organic and biodynamic farm provides fresh produce for the Saturday market, which is held from May through October. Tours of the farm can be arranged. Serenbes amenities include an inn and conference center, an outdoor amphitheater, and a playhouse which offers three summer productions. A stable arranges guided trail rides, and bikes and golf carts may be rented.

The public may tour the HGTV Green Home from May 4 through June 24, 2012. Tours are given Tuesday-Sunday from 11am-7pm. The home is closed on Mondays. The tours last approximately 30 minutes, and ticket prices are $20. Proceeds from the tours support The Serenbe Institute and The Chattahoochee Hills Charter School. People may enter twice a day for a chance to win this fully furnished HGTV Green Home. Entries may be done online at HGTV.com and HGTVRemodels.com through June 1, 2012.

Residential and Commercial Property for Rent in Bangalore

Are you relocating to the Bangalore city and trying to find residential and commercial properties for rent? That’s good news because Bangalore is a wonderful city covered with plenty of green, has a great climate and offers a great diversity. Well, you can definitely manage to get a residential property for rent within your budget limits in Bangalore. The rental charges vary depending upon the locality where you want to rent a residential property, like in any other city.

But, there is only one hitch in taking a residential property for rent in bangalore. That is we must pay an advance rent of 10 months as a refundable deposit that carries no interest. It’s not really like that in the other cities like Hyderabad etc. This rule would be a minimal requirement when you want to find a commercial property for rent in bangalore . The rental agreement on a stamp paper agreed and signed by both the parties, is must even when renting a residential property and no need to mention when you rent a commercial property.

The rental charges for commercial properties mostly depend on the type of business activity rather than just the area of the property to be rented out. The other charges for water supply and maintenance are additional for both residential and commercial properties. The property owners usually get the initial rental agreement done for a minimum period of 1 year in both the cases.

You can find all kinds of office or residential space like high rise apartments, multistoried buildings or even individual houses in almost all the areas of Bangalore. There are plenty of ad magazines and online websites which publish the details of property listings directly given by the owners. So, you can easily manage to find a suitable residential or commercial property on your own saving that extra cost of engaging any individual middlemen. Happy renting!

Landscaping Advice To Create A Sellable Commercial Property

There are a few things to consider when you are looking for landscaping elements for a commercial property. The first thing to consider is how much maintenance you care to undertake and who will be doing it? The next thing to consider is whether you can take advantage of energy or water saving strategies.

If you have a lot of grass, you are probably going to need a landscaping company to keep up with the mowing on a commercial property, since your business will be affected by the appearance of overgrown grass. A mowing service will have a set schedule they will adhere to so you don’t have to worry. Weed eating and edging are important on commercial landscaping, so you will want to be sure that is included in your monthly fee.

When it comes to trees and shrubs, consider evergreens, which won’t shed leaves that have to be raked, blown, and disposed of. Consider the different shapes that you can get and form a basis of evergreens for color year round. A couple of topiary evergreens in large pots by the front door are quite attractive. No matter what climate you are in, evergreens are drought and cold hardy, compared to other plants.

Consider hardscaping options like rock or mulch for low maintenance beds. Perennial flowers and shrubs can be a great way to make flowerbeds that require little in the way of annual plantings, unless you want to add extra colors around borders, for example. When you are planting commercial flowerbeds, you have to consider the maintenance and upkeep.

If you have beds that are only for annuals, you will need to plant them every year, keep them watered, and have somebody pull weeds. For this reason, many commercial establishments are considering beds with river rock mulch, fountains, perennial, drought hardy plants, or desert-type landscaping. You can add boulders, driftwood or interesting water features like ponds or waterfalls that are simple to maintain, once they have been installed.

The newest thing in commercial landscaping is environmentally friendly plans that save water and use native plants, which are hardier to the natural growing conditions. Evergreens can be used as windbreaks on the north and east, while deciduous shade trees can be used on the south and west to cut energy bills for heating and cooling. Desert landscaping or hardscaping can save water and planting beds with plants that don’t need frequent watering is becoming more economical. In fact, that is the reason many commercial landscaping plans call for structures like gazebos, trellises or boulders to add interest.

Greenscaping is becoming popular by using these methods. Incorporating native flowering plants, shrubs and evergreens or cactus add a local touch of natural landscaping, yet are easy to maintain and environmentally friendly. When it comes to grassy areas, consider drought hardy grasses that can handle extreme temperatures like ryegrass or fescue. Making your commercial landscaping easy to maintain will save money and greenscaping saves water. You can have an interesting commercial landscape that features structures, fencing, boulders, evergreens and perennial flowering bushes that require little or no maintenance and will stay that way for many years to come with a little trimming or touch-up.