I’m often asked “as a first time investor, what should I be doing”? I believe a better question is “as a first time investor, what can I learn from other investors based on the mistakes they’ve made”? Keeping this in mind, I put together a list of the top 10 mistakes first time real estate investors usually make, to help others that are in same boat.
Read MoreCEO of Commercial Brokers International George Pino, discusses when to start looking for, what to consider, and when to make an offer on Commercial Office Space.
Read MoreSimply put, a big part of today’s real estate investment opportunities involve these value-add properties – projects that strive towards re-positioning a property to a high price point through renovation or redevelopment.
Read MoreToday we have the market update for West Los Angeles, for commercial office buildings.
Fundamentals remain strong as this area continues to gentrify and advance. The vacancy rate remains slightly higher than nearby affluent areas but asking rents have gone up as well showing increased confidence in the area.
Every year brings something different when it comes to market trends, especially in real estate. There have been several years of low-interest rates and substantial growth in property values, ever since the 2008 recession ended.
Read MoreImprovements to the vacancy rate and average rent per square foot are largely due to the limited supply in this area. Cap rates, days on the market, and price per square foot remain in line with surrounding
affluent areas.
