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If you are one of the 75,000+ principal farm operators in the state Ohio, you know that having a farm for sale in Ohio is unlike selling any other property. With the recent boom in housing sales and commercial real estate development, farmland has proven to generate a significant return on investment for you, the land owner.
By no means are we suggesting it’s a complicated process to sell farmland; however, the effort you put into prepping your farm for sale can pay off. Two main factors will determine your sale’s profitability: land evaluation and taxes. Therefore, we recommend you focus your attention here.
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Have you watched shows such as Shark Tank or The Profit and wondered how Kevin O’Leary or Marcus Lemonis calculate commercial 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.
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In commercial real estate, buyers and sellers must be knowledgeable to make informed decisions. Are you familiar with a commercial land contract in Ohio, as well as the state-specific requirements? So, what is a commercial land contract in Ohio? 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 commercial 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 commercial real estate investor, can avoid the bank and make an agreement directly with the seller.
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Here in Ohio, the number of certified property management professionals is increasing – and with good reason. For instance, the median annual salary for a Columbus property manager is $109,626, according to Salary.com as of May 2024. And that amount does not include bonuses, commission, benefits, or other factors that impact base pay. Now, also consider excellent market access, the standard of living, and a valuable tax climate; you can easily see why individuals seek out Columbus, Ohio to start their property management career. Find out the full salary ranges as well as licensing and certification options to become a licensed property manager in Columbus, Ohio. We also explore multiple paths for professional property managers, including residential and commercial property management. This information may help you decide the path you want to take!
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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 commercial mixed-use properties are especially popular in our hometown of Columbus, Ohio, spread across the urban and suburban landscape.
Are you ready to learn about commercial mixed-use property for sale? First, as a prospective investor interested in the mixed-use real estate development concept, you must understand what is a mixed use property. Also, know the requirements of these unique community environments and the people inhabiting these structures. That’s why our in-depth review of commercial mixed-use buildings and mixed use spaces 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.
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Considering an investment in commercial real estate? Want to build a successful portfolio with an attractive rate of return? Investing in multifamily properties for sale may be a solid option for you.
According to CBRE, the U.S. multifamily real estate market enjoyed a record-breaking year in 2021 and remained steady in 2022. In 2023, this sector had a total investment volume of $117.5 billion, a net absorption of 84,800 units per quarter (over four times the pre-pandemic Q4 amount), and a national vacancy rate of 5.4 percent. While the multifamily investment volume in 2023 decreased by 60% year-over-year, the sector held the largest share (32%) of the total commercial real estate investment volume.
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What’s the worst-kept secret this year? It could be that commercial space for rent in Columbus, Ohio, is booming.
Why? Thanks to a confluence of factors, namely an influx of younger residents, robust institutions of higher learning, a fortuitous location smack dab within a few hours’ drive of the bulk of the U.S. population, and a lower cost of living as compared to the coasts. And, let’s not forget the acceleration of the e-commerce/digital economy transition, leaving many Americans flush with cash! So, why not consider a commercial space for lease or even invest in commercial space for sale? It is a hotter commodity now than in the Columbus Region’s recent past.
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Land investors choose land to buy in Ohio for many reasons. Unlike other investments of value, buying land is often a safe investment. Land is a limited resource, has permanence, and appreciates in value. In fact, land won’t depreciate, even raw and undeveloped land. Buying land in Ohio offers myriad uses if you follow zoning regulations. Ohio consistently ranks at the top for affordable living and business costs. And there is less competition when buying land than other real estate markets.
Below we provide insight into buying land in Ohio, what to consider, how to find land to buy in Ohio, hiring land brokers, and more!
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Education is essential to succeeding whether you are just starting out as a rental property manager or an experienced property manager looking to refine your strategy. New and aspiring rental property managers want a comprehensive introduction to the rental property business. They want to understand what’s involved in the day-to-day operations and learn the best practices, tips, and tools from experienced property managers. And seasoned pros often seek out changes made within the property management industry. They want to learn about the latest technology, laws, tax benefits, and regulations. Seasoned pros might even learn tips from their peers that could help streamline their processes and manage more effectively.
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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 buy 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. Whether this is your first purchase or tenth, investing in commercial properties for sale comes with unique challenges. So, with that thought in mind, we’ve created a comprehensive guide listing the top 5 tips for beginners, a due diligence checklist, and a list of pitfalls to avoid during the process. Also, find out what benefits the tax bill brings to the commercial real estate industry, particularly for Ohio investors; these benefits might motivate you to make that buy decision quicker than you thought!
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Thinking about relocating your business? Buying Columbus OH commercial real estate is a great investment. 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:
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In Ohio, land development continues to flourish and your farm land for sale may be a hot commodity for commercial real estate investors and brokers alike. Is your land perfect for the next shopping center, entertainment venue, or multi-family housing unit in your area? If you’re unsure of the investment potential of your commercial farm land, our tips below will help you better understand local zoning restrictions and the process of rezoning.
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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?
Placing a large sum of money into a commercial property may be daunting, 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):
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If you own several properties (or even just one), the chances are that you don’t have much time on your hands. A property management company is the perfect solution for commercial real estate owners like you!
Owning commercial property is a considerable undertaking. As an investor, you must ensure that your real estate appreciates by making strategic improvements. The day-to-day property management can include everything from picking up the phone for a tenant complaint to contacting a local vendor for a maintenance request. The list of property management tasks can seem endless.
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‘Tis the season to be stumped! Coming up with ideas for the perfect gifts to surprise that special person each year can be unnerving. And, if you have a real estate investor in your life, the gift-finding pursuit can be quite a challenge. Investors are often adventurous, organized, go-getters, and entrepreneurial. Give the mundane gift basket to your favorite corner shop, and instead, find gifts best suited for property investors.
Luckily, your serendipitous muses at The Robert Weiler Company are here to offer some awesome, functional, and fun gift ideas for your favorite real estate investor – whether they’re into residential homes, commercial buildings, or anything in between!
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Commercial real estate investing is a big decision. No one ever said it was for the risk-averse; 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 and how to find commercial space. Below, we’ve outlined four effective steps to uncover a profitable commercial rental property available on the market.
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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 for commercial real estate 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 commercial appraisal process, we have addressed 19 of the most critical questions asked. So, take a deep breath, read on, and be prepared to gain a deeper insight into the vital world of commercial real estate valuation. We believe you’ll feel better informed, more confident, and maybe even more enthusiastic when scheduling a free consultation with a commercial property appraiser.
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When you think of the terms commercial real estate agent, broker, or realtor, do you use them interchangeably? We often give a name to someone who helps clients buy or sell commercial real estate without considering each unique position, their responsibilities, education, certification or licensing, and expertise. Muddying the waters further, each state in the country has different licensing requirements professionals must achieve to list and sell commercial properties. It’s no wonder commercial real estate agent vs broker vs realtor remains indistinguishable!
If you polled most individuals, a commercial real estate agent, commercial real estate broker, or commercial realtor are often considered the same. That said, understanding the nuances between a commercial real estate agent vs broker can help you make a better-informed choice when seeking a commercial investment property for sale. So, stay tuned to receive the actual definitions for a commercial real estate agent, broker, and realtor. And learn how each professional contributes to the industry.
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You’ve likely decided to research farms for sale in Ohio after understanding the vast opportunities in our great state. We want to share some fun facts, tips, and a wealth of resources that you’ll find helpful. Ohio’s agriculture and food production industry is diverse in farming, processing, agrochemicals, seed supply, farming equipment, distribution and wholesale, retail sales, and marketing. The agriculture and food sector plays an important role in our economy, between the workers employed and profits made. Among the many wonderful attributes in regard to agriculture, below are some key points:
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Some people consider spring and summer the perfect time to clean out their attic. However, March through August is also prime time to find amazing deals on commercial real estate in Central Ohio! These months are also an efficient timeframe to relocate businesses, as inclement weather during the fall and winter can impede the process.
For commercial real estate investors, it may seem like a no-brainer. By March, you’ve already closed out another year of property investments and finances, and it is time to start fresh. Once you’re past tax season, you’ll have a better understanding of your finances, too. Why not start by discovering the best commercial real estate Central Ohio has to offer, and adding to your pool of investments?
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