When there is Ohio land for sale – whether it is raw acreage, commercial property, or residential – a land appraisal is the key component of the process. Any loan for a property is based on the appraisal value. As a buyer, owner, or seller, understanding the true value of the real estate in question is important. This will help you make the most of your real estate decision. But first, it’s important that you understand the process of a land appraisal and know what to expect.
The importance of a fully modern open space preservation vehicle, the conservation easement, cannot be better summarized than by than our 26th President. Theodore Roosevelt, one of the nation’s original land protectionists, embodied the power – and beauty – of a conservation easement in the following quote:
“Here is your country. Cherish these natural wonders, cherish the natural resources, cherish the history and romance as a sacred heritage, for your children and your children’s children. Do not let selfish men or greedy interests skin your country of its beauty, its riches or its romance.”
Summer in the Buckeye State can be a sultry affair. And, surprisingly, one way to beat the heat may involve a unique land protection vehicle known as a conservation easement. From a climate perspective, a green oasis can help cities lessen their urban heat island effect.
With the warmth of the summer season on everybody’s mind, it’s natural for investors, especially those in commercial real estate, to divert their attention to new opportunities. Spring brings tax season, a time when investors assess their current holdings and plan for the future. Now, with the tax season behind us, investors are in the driver’s seat and ready to diversify their portfolio. This realization is as true for commercial real estate investors as it is for residential property holders.
Have you watched shows such as Shark Tank or The Profit and wondered how Kevin O’Leary or Marcus Lemonis calculate business valuation? Unfortunately, reality television shows aren’t the best platform for learning how to value a small business (or a company of any size). That’s why we surveyed our business valuation experts, captured the 12 most frequently asked questions, and provided answers that can offer the guidance you need.
Are you searching for office space for lease in Columbus, Ohio? The region certainly has a lot to choose from, providing you understand the best methods to your search for office space. Once you find that dream office, though, you have to rely on your preparations and negotiating strategies to get the best lease price and terms of the space. You’re likely here because you want to learn some tactics. The best thing you can do is strategize, research, learn, and ask plenty of questions; doing so will ensure that you have a good understanding of the lease and level the playing field when negotiating. This comprehensive guide, packed with 52 top tips, will help you fully prepare so you enter the negotiation with confidence.
Nearly half a century ago, the United States inaugurated a special day, April 22, as Earth Day. As we prepare to commemorate the global phenomenon, The Robert Weiler Company is excited to announce that the green movement is alive and well in the commercial real estate industry.
What began as a localized, American movement, is now celebrated by more than 190 countries. The goal is simple but profound: raise awareness regarding humanity’s impact on the global climate and how, collectively, we can affect positive change. Commercial real estate developers are ensuring that the goal of Earth Day is being met, as evidenced by widespread initiatives in green design and sustainable building. Continue reading…
Did you know that all across the nation and in the Central Ohio real estate community, April is known as Fair Housing Month? A commitment to equal opportunity for every community, this year marks the 51st anniversary of the landmark celebration. Each year, we recognize the importance of this event and reconfirm our commitment to upholding fair housing laws through our property management services; we accomplish this through our commitment to offering equal CRE services to everyone throughout their commercial real estate journey.
As you look at prospective investors of residential and multifamily properties (as well as commercial properties), join us in taking fair housing in our great region seriously – not just this month, but every month. Learn more about Fair Housing and what you can do to get involved, below.
It’s easy to be mixed-up about mixed-use property for sale! The sector offers a head-spinning amalgam of residential, commercial, hotel, and retail space; however, each piece harmonizes to form an immediate community. Not to mention that mixed-use properties are especially popular in our hometown of Columbus, Ohio, spread across the urban and suburban landscape.
Are you ready to mess around with mixed-use property for sale? First, as a prospective investor interested in the mixed-use real estate development concept, you must understand the requirements of these unique community environments and the people inhabiting these structures. That’s why our in-depth review of mixed-use space will provide the insight to make a wise investment decision. Join us as we explore the benefits of investing in mixed-use properties, survey a cross-section of the different types of properties, scrutinize current trends in the market, and discover why mixed-use property for sale is such a good investment.
Could we all be living in an episode of The Jetsons someday? Mixed-use development in 2019 may not resemble Orbit City, but commercial builders, architects, and real estate investors are undoubtedly re-engineering the proximity of your personal and professional orbit.
In real estate, buyers and sellers must be knowledgeable to make informed decisions. Are you familiar with a land contract in Ohio, as well as the state-specific requirements? What is a land contract in Ohio, really? Essentially, a land contract is an alternative financing option if you’re investing in:
- Farmland or raw land
- Multifamily housing
- A commercial building
- A home or condo
While a land contract might be ideal for you, there are important details you need to know, first. So, what is a land contract agreement, and how does it work? Let us give you a lay of the land (pun intended)! Learn how you, the real estate investor, can avoid the bank and make an agreement directly with the seller.
The future of brick-and-mortar retail may not be in dire straits as many analysts have predicted over the last few years. Even with skyrocketing online sales (a 16% increase in 2017 alone), shoppers still enjoy personal relationships, experiences, and the comfort of physical store settings. Moreover, the cause of business bankruptcy may not be due to competition, but the result of poor management, increased debt, or general market conditions.
As the e-commerce market continues to thrive across the country, the demand for warehouse rental space in Columbus, Ohio has nearly outweighed the available supply. Retail behemoths like Amazon and Walmart are driving online sales in several areas. Electronics, personal care, apparel, housewares, and even fresh food arrive at to your doorstep within days. So, it is not surprising that warehouse space is being purchased or leased for distribution centers as soon as this type of industrial space becomes available.
In early 2018, real estate investment firm LaSalle Investment Management forecasted a favorable climate for commercial real estate sales in North America. And, they have since found that fundamentals in the real estate market remain strong, particularly in the industrial property sector.
Here in Ohio, the number of property management professionals is increasing – and with good reason. The median annual salary for a Columbus property manager, for instance, is $93,577, according to Salary.com as of September 1, 2018. And that amount is not even including bonus, commission, and benefits, as well as other factors that impact base pay. Now, also factor in great market access, the standard of living, and valuable tax climate; you can easily see why individuals seek out Columbus, Ohio as a place to start their property management career. Below is an overview of licensing and certification options that may help you decide the path you want to take today.
Selling Commercial Real Estate? 24 Practical Techniques to BOOST YOUR ROI on 5 Different Property Types
When selling commercial real estate, the favorite phrase, “A little bit goes a long way,” holds much truth. Before listing and showing your property, there is a wide range of tasks that can, and should, be undertaken to increase the chances of a sale and boost the potential ROI.
A study performed by the Florida Nursery Growers and Landscape Association found that something as simple as landscaping has the potential to increase the resale value of a property by 14 percent. And, even more surprisingly, landscaping can also increase the time it takes to sell commercial property by as much as six weeks.
With some as straightforward as cleaning up, and others requiring an investment of a few thousand dollars, each recommendation is aimed to increase the profit on your commercial property. Below are 24 practical tips you can use improve any of the five major types of commercial real estate.
Commercial real estate investing is a big decision. No one ever said it was for the risk-adverse; that’s for sure! Fortunately, commercial rental properties for sale typically offer a great return on investment over the long haul. You just need to know where to begin! Below we’ve outlined the four effective steps to uncover a profitable rental property available on the market.
The economy has set the stage for surging demand within commercial real estate, particularly for industrial space for lease. CRE industry experts are now asking: can we keep up?
Are you a newcomer to buying commercial property for sale in Columbus, Ohio? Welcome to our thriving community! Not only is our neighborhood home to some of the largest U.S. retail and restaurant headquarters, but the Columbus, OH real estate and job markets have seen remarkable growth, too. As such, there is no better time than now to seek out commercial real estate in Columbus, Ohio.
Now that we’ve piqued your interest in our fantastic city, it’s time to dive into commercial property investment. Regardless of whether this is your first purchase or tenth, investing in commercial properties for sale comes with a unique set of challenges. So, with that thought in mind, we’ve created a comprehensive guide listing the top 5 tips for beginners, as well as a due diligence checklist, along with a list of pitfalls to avoid during the process. Also, find out what benefits the new tax bill brought to the commercial real estate industry, particularly for Ohio investors; these benefits might motivate you to make that buy decision quicker than you thought!
Are you looking to buy land in Ohio? Your first priority is to get organized! When buying land in Ohio for commercial use, especially vacant lots and raw land for sale, it may seem as though there would be less to worry about since you do not need to concern yourself with things such as structures and tenants. However, buying land is a very complex decision, which requires a great deal of thought.
First things first… Determine your basic objectives:
It’s a great time to become a Columbus, Ohio REALTOR! Did you know that a real estate agent is ranked in the top 20 list for best business jobs and top 100 list for best jobs, in general?
Below you’ll find out the “4-1-1” on joining the Columbus, Ohio real estate industry. Learn the difference between a REALTOR and real estate agent, and how to become a licensed real estate agent. Then decide which path you want to take as a professional!