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For 80 years, The Robert Weiler Company has been setting trends and making news.
Bob Weiler always says, "Vision, Knowledge, Integrity, and Patience are the cornerstones to success,
and when combined with a little luck, incredible things can happen".
There are two things you need to know about Ohio hunting land for sale: 1.) It’s a hot commodity (seriously, look – it has the potential to provide investors with a 5-10% return, annually); and 2.) To maximize your property’s ROI, you need to know how to prepare your hunting land and improve its appeal. Skipping over the first fact – because you probably would not be reading this article if you didn’t already own land – let’s talk preparation. Hopefully, you’re okay with getting a little dirt on your hands; when it comes to leasing or selling your land, you may find yourself doing a bit of “digging” in the dirt.
‘Tis the season to be stumped! Coming up with ideas for the perfect gifts to surprise that special person each year can be an unnerving task. And, if you have a real estate investor in your life, the gift-finding pursuit can be quite a challenge.
As the 14th largest city in the U.S. (recently surpassing Indianapolis)1, Columbus, Ohio has proven itself as a force to be reckoned with in the real estate investment world. Whether you regularly follow the latest trends or not, you’ve probably heard about the drastic boom that the market has seen over the past few years.
How significant is the demand for Columbus real estate? All major real estate sectors are experiencing an increase in the number of buyers, which has caused significant shortages in supply. In fact, builders and developers can’t keep up with the demand! That’s why there are so many reasons to be thankful for this growing success and overall sense of community pride, especially for those of us lucky enough to already live here.
Ohio is one of the top five tax climates in the United States, so it is not surprising that you are looking at the various apartment buildings for sale in Ohio as a lucrative investment. However, an investment in real estate is not something you should jump into without preparation. This purchase can be a great asset, as long as you make a wise choice. Want to know how to buy an apartment complex? Wondering if there are best practices? This guide, containing necessary steps and critical tips, will point you in the right direction.
Thinking about relocating? You’d be in for a great life ahead if you decide to buy Columbus OH real estate. Why is that, you ask?
Columbus OH is one of the fastest growing major metropolitan areas in the U.S. And it’s celebrated as the second strongest metro in the U.S. for job creation. Below are several quick facts about Columbus, Ohio:
Columbus realtors need to look no further for a top-notch realtor association than the ColumbusREALTORS®. With their mission being to provide leadership and education to the community, this group has done exactly that since 1908; most notably, in their association sponsored events and classes.
Have you been taking advantage?
For members of the ColumbusREALTORS® association, monthly events provide a way to network, build their expertise, and gain experience in varying areas of real estate. Aside from events, members also have the opportunity to expand their knowledge with classes hosted by industry leaders and professionals. Not a member of ColumbusREALTORS®? You can still experience some of the events and classes that are open to members and non-members alike.
Are you toying with the idea of getting involved in the commercial real estate investment world? Have you been performing Google searches on commercial properties or commercial real estate investment ideas, only to find reasons not to move forward?
The idea of placing a large sum of money into a commercial property may be a daunting exercise, but your friends at The Robert Weiler Company are here to debunk a few misconceptions you may have read. In a world where “fake news” is the buzzword of the day, here are four ideas that might be holding you back (when they don’t have to):
With recent headlines focused on politics, protests, international disputes, and a solar eclipse whose path of totality was within a day’s drive of Buckeye State residents, Ohio commercial property owners may have overlooked or forgotten that a statewide property tax reassessment is nearly complete.
Listing apartment buildings for sale, or any commercial property for that matter, can be a grueling and time-consuming task. And, as a broker or agent, who has time to perform the research on the best sites, input all the listing details, and monitor the traffic? You want to get your listing in front of as many interested buyers as possible, and you want it done now. So, where can you go?
Are you interested in learning about land brokers – including their responsibilities, the types of transactions they specialize in, and whether this might be the right career path for you? Well, you came to the right place! We, at The Robert Weiler Company, have highlighted important information that we think you’ll find useful. As one of the top commercial real estate firms in Columbus, Ohio, we’re here to provide you with everything you may want to know about this field. Continue reading to learn more about this interesting, challenging, and rewarding career.
If you have been an avid investor over the last few years, you know that there hasn’t been a better buy than Columbus real estate. Home prices and sales continue to trend upwards, population growth shows no sign of slowing down, and business expansion is seemingly the norm. So, why are you waiting to make that commercial real estate investment?
The Arch City not only has a diverse population; it also has many different types of real estate, ripe for your investment. Commercial real estate in Columbus, Ohio primarily includes apartment buildings, retail centers, industrial warehouses, land for sale, and office buildings. As such, determining where you put your money is immensely important. Below are some considerations for each property type.
Feeling a bit overwhelmed by the thought of a commercial real estate appraisal? The process can be daunting, especially if you’ve never engaged in an appraisal before. After all, it is a detailed activity that can look different depending on the scope and nature of your property.
To simplify and demystify the appraisal process for you, we have addressed ten of the most important questions asked. So, take a deep breath, read on, and be prepared to gain a deeper insight into this important real estate topic. We believe that you’ll feel better informed, more confident, and maybe even a little enthusiastic when it is time for you to schedule an appointment with a property appraiser.
Investing in Ohio real estate is an excellent way to grow your portfolio and make a handsome profit. Alas, for those new to the game, it can also prove to be a daunting experience. The learning curve is steep, stressful, and risky; newbies may not have extra money lying around in the event of a costly error. Even experienced Columbus realtors and investors make bad decisions occasionally.
We’ve seen a lot of blunders over the years. Want to avoid the most common slip-ups and save yourself time and money? The Robert Weiler Company team has compiled a list of seven mistakes people make when investing in commercial property.
If you are one of over 15 million avid hunters in the United States, then you know the importance of pristine hunting land for sale. Whether you are in search of the perfect place to visit with your buddies or a property where you can truly “live off the land,” there is a checklist that you must follow. So, what should you be looking for? What are the perfect ingredients that create ideal hunting land conditions? Before you write a sizable check to make that important purchase, be certain that you have the right components for hunting success.
In 1970, Earth Day was born. Today, millions of people spanning 184 nations honor Mother Earth by reminding global citizens how to take care of our shared environment. As a leader in commercial real estate, we are honoring Earth Day 2017 by rounding up six of the coolest green building trends currently sweeping the industry. Also, we have created a brief overview of several local buildings native to Columbus, Ohio that are utilizing some of these trends in innovative ways.
Commercial real estate is an exciting, interesting, and rewarding field to dive into, as your work can help shape an entire community. Thinking about starting your own firm? There is a slew of aspects you need to consider. Not sure where to begin your journey with running a thriving organization in a rapidly growing industry?
Here’s a practical, 10-step process to establish your own CRE firm from the experts at The Robert Weiler Company:
East Franklinton Creative Arts District is receiving a large-scale makeover, thanks to a mixed-use project dubbed, “River & Rich.” The project is being developed in partnership with The Robert Weiler Company, CASTO, Kelley Companies, Columbus Metropolitan Housing Authority, and Smoot Construction, all of whom celebrated the groundbreaking on April 3, 2017.
The project has proposed the creation of 230 residential units, which will include a mixture of garden apartments and townhouses. There will also be 25,000 square feet of retail space and a double-decker parking garage included in this nine-building development project.
Next to the Baby Boomers, arguably no other group in American history has been the topic of so much conversation than Millennials. A diverse cohort ranging in age from their late teens to their mid-thirties, the group continues to make waves. In fact, Millennials will make up 75% of the workforce in less than a decade, according to the latest Pew Research.
As the first Internet generation to enter maturity, Millennials are transforming the commercial real estate industry with their unique viewpoints and advanced technological needs. The group’s collective influence has become so powerful; some are calling it the “Millennial Effect.”
Considering an investment in commercial real estate? Want to build a successful portfolio with an attractive rate of return? A multi-family property may be a solid investment option for you.
Jones Lang LaSalle, a financial and professional services firm specializing in commercial real estate, recently published a report on CRE trends. This report indicates that the market for multi-family commercial properties is growing, boasting record U.S. sales of $150.3 billion for 2016. So, what are you waiting for? Below are five reasons why you should consider an investment in a multi-family commercial property.
As the seasons change, a property manager must be ready for any weather condition. And, much like a mail carrier, those overseeing apartment buildings for sale or other similar properties follow the same creed:
“Neither snow nor rain nor heat nor gloom of night stays these couriers from the swift completion of their appointed rounds”
This famous phrase may be inscribed on one of the most famous post offices in the United States, the James Farley Post Office in New York City, but it might as well be etched onto the doorway of any property manager, building supervisor, or facilities personnel. Whether it’s spring, summer, autumn, or winter, the retail space for lease or warehouse space for rent must be prepared for the seasonal change.
Spring Offers a New Host of Challenges for a Property Manager
The old idiom about March, “In Like a Lion, Out Like a Lamb,” couldn’t be more true, especially after the harsh winter that we traditionally experience in Columbus, Ohio. Springtime is about rejuvenation, so it’s a great time to do some cleaning and restore that curb appeal. Even a warehouse rental can use a little sprucing up on the outside!
First things first; clean up any dead plants, broken limbs, and any other debris that may have been damaged under the snow or as a result of a snow plow or shovel. After that, pruning and planting may be in order. If you own an apartment complex with an outdoor space, such as a courtyard, invite the tenants to help plant new shrubs and flowers. Not only will this improve the property’s appearance, but also, your tenant community will get to know one another.
Spring is also a great time to check in on important equipment, namely smoke, and carbon dioxide detectors. Make it a habit to replace all batteries, even if they are relatively new. Better to be safe than sorry! In addition, you should look at the HVAC system and even call upon a professional to test everything, clean filters, and ensure that your tenants will be comfortable in the summer heat.
R, R, and R: Summer Is For Rest, Relaxation, and… Repair?
We can all appreciate the “downtime” that comes along with summer; but the nice weather also is an opportunity to plan for major repairs and capital work on your property, regardless if it is retail space for rent or a condominium. Roof repair, sidewalk repaving, painting, or structural updates all fall under this category. Why not make the necessary improvements you need to guarantee that tenants stay put?
If you are planning a major improvement project and are looking to carry it out during the summertime, you might want to rethink the timing. Summertime is a busy season for most contractors, so it’s best to conduct the necessary research, budgeting, and coordination before the sidewalk starts to show from underneath the snow. In addition, these projects usually “take a village.” As such, plan to be onsite as much as possible to ensure that everything is going smoothly.
The summertime is also a great time for you to review bills and renegotiate contracts for properties – especially during those steamy afternoons, where it is even too hot for a dip in the pool. Because you’re halfway through the year, it’s easy to see how your property is trending on utilities and maintenance.
Don’t Fall for Autumn’s Spell – You Must Remain Vigilant Against Leaves
Autumn may bring a beautiful array of colors atop your property’s trees; however, property managers are aware that this season can bring quite a mess as the leaves make their landing on sidewalks and paths, as well as on rooftops and in gutters.
Don’t wait until the last minute to create an autumn cleaning schedule for your apartment buildings. Not only do leaves block important drainage areas, but also they become quite slick when wet. You are responsible for the safety of the tenants. Why risk a lawsuit should someone slip and fall?
Gutters, including downspouts, should be inspected and cleared on a weekly or bi-monthly basis. You should also walk the perimeter of the building or warehouse rental space in order to make sure that there is no pooling of water around the foundation; this might cause erosion and leaks. And, of course, don’t forget to have all the equipment necessary to clear walkways. The items to help you do the job should include blowers, rakes, and brooms.
Whether you are a property manager in Columbus, Ohio or throughout Franklin County, as well as Licking County, Delaware County, Union County, Fairfield County, Pickaway County, or Morrow County, leaves are a part of life, so let’s deal with it sooner, rather than later.
“Baby, It’s Cold Outside” – Winter Will Test Your Property’s Fortitude
Central Ohio has seen its fair share of snow over the last few years. And, we also know how cold it can get! So, why wait to take care of your commercial building, multi-family unit, or retail space? Below are three ways you can ensure a clean, safe, warm, and enjoyable winter for your tenants:
- Book snow removal services… now! Before the first flake sticks to the ground, make sure you have the individual or team ready to remove snow from driveways, walkways, parking lots, and even roofs. If you have a plow and/or snow blower on hand, take them for a test run. Tenants in your apartment buildings for sale understand inclement weather, but they also want a way out in case of emergency.
- Inspect and wrap pipes. Many properties, especially warehouse space in Columbus, Ohio, have exposed pipes that can cause a dangerous (and messy) situation when the temperature drops. Get some foam sleeves and wrap those pipes to prevent freezing and bursting.
- Check for heat escape. Take the time to walk the property you are managing, whether a retail rental space or multi-family housing unit, and examine doors and windows, as well as the roof, for any cracks, gaps, loose caulking, or damaged weather stripping. It’s best to make these repairs as early as possible in the winter before the weather starts to be unbearable.
The Robert Weiler Company is Ready for Any Weather Condition
Property management is not for “the faint of heart.” Your strip mall, apartment building, industrial space, or office units need an experienced and consistent team that knows how to manage your property regardless of the season or weather condition. At The Robert Weiler Company, our property management team understands the Post Office dogma and can deliver! The next season is approaching, so reach out and to speak with a property manager on our staff by calling 614-221-4286.