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1. Estate Planning Solutions - Tax Efficient
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By Peacock Park - http://www.stellar-am.com/offers/
Join in the conversation about Estate Planning Solutions because it is popular in certain niche
markets. But what many people probably are not aware of is how far-reaching it is in our lives. We are
confident that your experiences will be similar to ours especially as it pertains to the fine print - or
details. Each of us in selfish in the respect that we generally look for what will serve us the best, and that
is not a criticism but rather a fact of human nature.
But with all that said, our knowledge of this subject is pretty solid which allows us to feel confident the
following will be of service to you.
Purchasing commercial real estate can be much different than purchasing a home. Continue reading for
some wonderful tips to help you though the commercial real estate buying process.
The location of your commercial property is key to its value and its potential suitability for what you
have in mind. For example, consider the surrounding area and local neighborhoods. Compare this
neighborhood to the growth of other similar areas. You'll want to choose an area that is on the upswing
and will continue growing for at least a decade into the future.
The seller is required to disclose any information they know regarding any possible environmental
hazards. You don't want to start off with any problems that could've been prevented. It is your job and
2. responsibility as a property owner to have these problems fixed, whether or not you are the one who
caused them.
Buy apartment complexes with large numbers of units. More units equals more money in your pocket.
Serious investors will not be interested by a building that has less than a dozen units.
Check the company's reputation for customer service before you deal with them. If you do not take the
time to be sure they are a good company, you run the risk of entering into a bad deal.
Arrange a number of fellow investors ranging from trusted family and friends to professional financers
who can make sure you have access to cash flow prior to buying commercial property. Two repayment
options for these loans are traditional repayments, in which you repay the loan at a certain interest rate,
or a profit-based repayment, in which the lender receives some of the proceeds from the property's
income.
When buying commercial property, think about the socioeconomic status of the neighborhood around
the building. If you purchase it in a more affluent neighborhood chances are your business will be more
successful, because the pockets of your potential clientele are a bit deeper. If the business you run
caters to a lower-income demographic, buy in an area that fits your clientele best.
Look at any environmental impacts or prior EPA issues with the property. If your building is full of
hazardous waste or otherwise constitutes a threat to the environment, you will be responsible for
resolving these problems, even if a previous owner caused them. Is your property located in an area
known for floods? That is a decision you need to think long and hard about. Call some agencies that
assess the enviornment and find out what is up with the area your property is in.
You will need to know what you are looking for in a commercial property prior to beginning your search.
Identify which features in a commercial property are high value to you, and make a list. This can include
the number of floors, units, square feet, the building layout, and anything else that is important to you.
Be on the lookout for sellers who are motivated. It's up to you to seek them out, particularly those who
are willing to let the property go for less than its market value. Until you locate a great deal, nothing
3. moves one way or the other when it comes to real estate. Once you identify a great deal, it is usually
offered by a seller who is eager and very motivated to sell.
Commercial real estate has the potential to yield very high profits if you are willing to put in the work. In
addition to investing money, you also have to invest your time. Apply the tips you have just read next
time you go deal with real estate matters.
So... What's Next ?
To learn more about Estate Planning Solutions, Click Here: http://www.stellar-am.com/offers/
