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Why Buy Commercial Real Estate? Deep Dive Into 6 Sought-After Property Types!

Why Buy Commercial Real Estate: 6 Property TypesWhen it comes to buying commercial real estate for sale – both across the US and here in Columbus, Ohio – the diversity of enterprises and sheer size of the industry can be staggering. In fact, according to the US Energy Information Administration, there are an estimated 5.9 million commercial buildings in the US for a total of 97 billion square feet. By comparison, an Olympic-sized pool contains 13,455 square feet. To match the girth of American commercial real estate, it would take 7.2 million pools to fit it all in.

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20 Awesomely Functional Gifts for Real Estate Investors [2021]

Gifts for Real Estate Investors‘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. Investors are often adventurous, organized, go-getters, and have an entrepreneurial spirit. 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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6 Tips When Buying Commercial Land for Sale in Columbus, Ohio

Commercial Land for Sale in Columbus, Ohio

Just as farmers select the types of crops to grow and where to locate them, buying commercial land for sale in Columbus, Ohio requires similar forethought. Because a property looks great doesn’t mean all legal entanglements have been resolved, or there aren’t unforeseen challenges. In short, don’t let the fervor of early spring and the exhilaration of a new beginning blind you to property shortcomings.

Since 1830, the U.S. Census Bureau has never recorded a Columbus, Ohio population decrease. And for the last 30 years, the city has achieved double-digit population gains – a hard feat in the urbanized and industrialized Midwest. That means vacant downtown Columbus real estate is rare. But it also means suburban and rural areas are waiting to be discovered, improved, and purchased! Take the following four tips into consideration before you begin searching for commercial land.

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Investing in Commercial Property for Sale in Columbus, Ohio? The Complete Beginner’s Guide!

Commercial Property for Sale in Columbus, OhioAre 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!

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14 Best Commercial Real Estate Investment Blogs, Books & Podcasts

Commercial Real Estate Investment BlogsEvery year, new commercial real estate investment blogs and podcasts are started and books published. They all promise to have the best secrets and latest tips on CRE investing, but which resources are worth your time? Whether you are a seasoned commercial real estate investor or just entering the game, it’s important to have “go-to” resources to support – or strengthen – your growth in the industry. As a top commercial real estate company in Columbus, Ohio, our expert CRE team frequently reviews various CRE blogs, books, and podcasts to ensure we stay at the top of our game.

Here are the top commercial real estate investment resources that we suggest you look into:

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TOP 12 Resources to Inform & Inspire CRE Brokers

 

CRE Brokers ResourcesWhether you are a seasoned Columbus commercial real estate broker, or just entering the field, it’s important to have “go-to” resources to support – or strengthen – your growth in the industry. As a leading commercial real estate firm in Columbus, Ohio, our group of expert CRE brokers frequently reviews a variety of blogs, books, and podcasts to ensure we stay at the top of our game.

Here are the CRE resources that we suggest you check out:

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What are Land Brokers? Learn Their Key Roles and Responsibilities!

What Are Land Brokers?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.

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How to Become a Columbus Property Manager… and Earn $100,754! [2021]

Columbus Property ManagerHere in Ohio, the number of licensed property management professionals is increasing – and with good reason. The median annual salary for a Columbus property manager, for instance, is $100,754, according to Salary.com as of October 2021. 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 the full salary ranges, as well as licensing and certification options that may help you decide the path you want to take today.

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Commercial Property Manager Maintenance Tips for Every Season

Commercial Property Manager Tips

Commercial property management is a year-round task as weather changes can bring unexpected complexities throughout the seasons. This is the case for any property manager, from off-site property management companies to professional on-site property managers, and especially for inexperienced property owners. Every season poses a unique set of challenges. The commercial real estate investment property you oversee must be ready for any weather condition, regardless if you’re encountering winter snow or summer winds. Managing apartment buildings, or an office, retail, or warehouse space? Get out your calendar and start jotting down these property manager maintenance tips to follow during each of the four seasons.

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The “Science” Behind Residential vs. Commercial Real Estate Appraisal

Residential Commercial AppraisalWith the global economy rebounding from its pandemic lows, residential and commercial property hunters are again on the prowl, eager for exciting opportunities at optimal prices.

The question is, how exactly is property value determined? And how does the real estate appraisal process work? The following article delves into the “science” of residential and commercial real estate appraisal and discusses the steps to succeed.

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Which Ingredients Make the Perfect Hunting Land for Sale?

Hunting Land for Sale with DeerIf 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.

 

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10 Ways to Get Organized After Finding Small Office Space for Rent

Finding Small Office Space for RentAre you still sticking with your New Year’s resolutions of becoming more organized? Maybe you can up the ante after landing a new small office space for rent!

For many business owners, the beginning of the year marks the time to start fresh and work on efficiency. Perhaps, in an effort to do so, you have decided to begin with a completely blank canvas for your small business by relocating to a new officespace. No matter what the reason is for the change, one thing is for certain: You need to know how to become (and stay) organized… today.

The idea of organizing your small office space rental may seem daunting. You are busy! How can you find time to do all of this with everything else on your plate?

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Where Are the Warehouses for Rent in Columbus Ohio? The Industrial Real Estate Wave Continues

Warehouses for Rent in Columbus OhioLooking at warehouses for rent in Columbus, Ohio might leave you empty-handed or, at the very least, with an unflattering representation from the good old Oxford English dictionary. The definition reads as follows: “a large building where raw materials or manufactured goods may be stored before their export or distribution for sale.”

Jolly good, right? Not! Because when you dig a little deeper, it becomes clear that Oxford’s matter-of-fact prose doesn’t do warehouse space for rent any justice. Not at all. In fact, in many respects, warehouse rental space is the backbone of the U.S. economy. While our air, rail, interstate highway, and shipping network is undoubtedly robust, without warehouses to rent in Columbus, Ohio, the American economy would grind to a halt. (Consider the strategically located facilities in our region that are striking distance to numerous population centers throughout the Midwest, South, and Northeast/Mid-Atlantic!)

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Selling Commercial Real Estate? 24 Practical Techniques to BOOST YOUR ROI on 5 Different Property Types

Selling Commercial Real Estate | TipsWhen 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 to improve any of the five major types of commercial real estate.

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How the Ohio COVID-19 Tax Relief Reduces Your Commercial Property Value

Every six years, commercial property owners in Ohio face a reassessment of their property values conducted by their local County Auditor’s office. Typically, owners can only contest these values once every three years. But we all know that 2020 was anything but typical. Continue reading…


11 Tips to Buy Commercial Buildings for Sale in Columbus, Ohio

Commercial Buildings for Sale in Columbus, OhioAre you looking to buy commercial buildings for sale in Columbus, Ohio? If you’re considering investing in Downtown Columbus, you have made a great decision! Are you familiar with the Columbus, Ohio real estate market conditions? What about the financial viability of the types of property in which you are looking to invest? Buying commercial property for sale can have an incredible outcome; however, it can also come with its fair share of challenges. Below are eleven areas of focus and questions to consider.

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5 Investing Tips for Commercial Real Estate Beginners from Industry Leaders [2021]

Investing Tips for Commercial Real Estate BeginnersWith 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.

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Why Industrial Space for Rent Is the Hottest CRE Sector in 2021

Industrial Space for RentAn Overview: What Is Industrial Space for Rent?

While not the most scenic part of any city, industrial space for rent powers the corporate infrastructure of America.

Before 1760, most Americans made their living farming and lived in widespread rural communities. The onset of the industrial revolution fundamentally changed the way that ordinary people interacted within society. With the emergence of factories, production efficiency, and mass manufacturing, industrial space for rent became the backbone that supports today’s modern cities. The great strides in production and manufacturing fostered our economic infrastructure, a system that provides more products with greater efficiency at lower prices.

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4 Effective Steps to Find Commercial Rental Properties for Sale

Find Commercial Rental Properties for SaleCommercial 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! Below we’ve outlined the four effective steps to uncover a profitable rental property available on the market.

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5 Reasons Why Banking on the Future of Retail Rental Space is a Brainy Choice

Just as many today predict an all-digital retail environment, a final death blow to brick-and-mortar retail rental space, so have they expected the long-coveted “paperless office.” Nearly 50 years ago, in a Business Week article titled, “The Office of the Future,” writer Vincent E. Giuliano typed out a reasonably prophetic sentence: “By 1990, most record-handling will be electronic.”

Considering that by 1991, nearly a quarter of college graduates owned a personal computer, it would be easy to assume the paperless office would undoubtedly be around today, 31 years after the article’s publication.

Except that it’s not. Not even close. And neither has “Amazon everything” come to pass. Continue reading…