When discussing the differences between commercial and residential real estate financing, the main thing you need to worry about is the differences in the loans you can get.
As commercial real estate generates income for the owner, the commercial loans thus tend to be different from the residential ones.
Read MoreMany business owners, property owners, and investors find the services of real estate agents invaluable. They also say the same for commercial real estate agents, often finding them more important than regular real estate agents as commercial properties are more complicated than residential ones. With that in mind, we thought about adequately explaining what makes having a commercial real estate agent invaluable.
Read MoreOne of our star agents Hannah McCarthy was recently featured on Joe Killinger’s video series featuring tips and advice for first time real estate investors, entrepreneurs, and agents across the country. Join Hannah and Joe as they discuss 7 essential tips for qualifying agents in commercial real estate.
Read MoreFor our latest entry in our Expert Insights series, we had the pleasure of sitting down with Joe Killinger, experienced broker and partner at Commercial Brokers International. With over 25 years of experience in both residential and commercial real estate, Joe was directly involved in selling and marketing over 5,900 assets, closing transactions amounting to over $900 million across the United States.
Read MoreIt’s always crucial to know precisely what you’re paying for when it comes to commercial real estate. Since common area maintenance fees or CAM charges are prevalent in commercial leases, it’s vital for you to understand them and to see whether or not you can negotiate them. Additionally, CAM charges work on their own and can increase over time, even if the rent remains the same, which means that they can make your lease less profitable or not affordable after a few years have passed.
Read MoreBoth cash on cash returns (CoC) and the internal rate of return (IRR) are fundamental concepts for real estate investors. Both are metrics that can prove very useful when you want to evaluate how well your investment is performing, or when you want to compare the profitability of future investments.
So, both are useful, and both are widely used for similar things, but what is the variance between the two? If you are an investor and you believe that you know the difference between CoC and IRR, it would still do you good to read this short text as many investors often make mistakes with the two and when they are supposed to use them.
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