Tag Archives: #redlands

Tips on Increasing Commercial Property Value

Posted on by Nathan Diones

Today, more and more startups are planning to open office or physical stores; thus, the need for commercial spaces are in demand.  Take advantage of this rush and increase the value of your commercial property by following these expert tips.

Improve the quality

What’s the best way to increase your property’s value? Improve its quality.  No one wants to buy a commercial space that is not ready to use; or that still demands a lot of fixes.  And we don’t mean just repairing damages.  We mean using better, more current paint colors, setting up an indoor or outdoor landscape, rebuilding rooms designed for your target market, and adding amenities that are of great importance to your potential buyers such a relaxation hub, a storefront, a multipurpose hall, or a snack shop.  If the property generates more income and it provides convenience, it is a win-win situation for both the Landlord and the Tenant.

Study the historical data of the property

Studying historical data means studying everything about the property’s past financial history and activities.  This could be the building or company’s earnings, revenue, financial growth, and the cash flow it generates.  Historical data is great information that can simultaneously help you increase property value and decrease your expenses.  It can also show you how to price and improve the property, as well as predict any possible financial constraint you may face in the future.  In other words, historical data helps you make wiser decisions and prevents you from making any wrong turns that could hurt your business.

adding value to commercial property

Tips on Increasing Value to Existing Commercial Real Estate

Provide a long-term benefit to your customers

One great thing that you can do is to lighten the load of your tenants’s wallet in the long run such as cutting down utility bills by replacing energy efficient bulbs, solar panel systems and well as low flow water fixtures.  The last suggestion may sound like an expensive upfront cost, but if you can explain how much they could save by using solar power and reducing water waste, it could be of great advantage for both you and your tenants.   Properties with these energy efficient upgrades attract a higher quality tenant, and most often resulting in a higher net operating income for the landlord.

Who and what are its neighbors?

Your neighbors can affect the value of a property. And when we say neighbor, we mean the people living in your vicinity and the kind of properties that surround your commercial space. Even the condition of your neighbor’s home can make a negative or positive impact to your sales and Tenants.  Neighboring houses with physical and legal problems for example, can aggravate the value of the property you’re putting up for sale.  So before buying a house or commercial property that you want to refurbish, sell or retain as a long term investment, make sure you’ve got neighbors with good reputations.

 

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Based in Yucaipa, CA, Regioncy Real Estate provides commercial and residential property owners with advisory and management services. Regioncy focuses on multi family, retail, office, industrial, asset management and a broad menu of residential services. Our mission is to help our clients build, grow and preserve long term wealth by providing superior advice, strong representation, professional market knowledge and expert analysis.  Contact us here.

What to know about investing in a shopping center?

Posted on by Nathan Diones

For those who are looking for their next major investment, many are turning to the world of retail shopping centers for high profit margins.  As with any kind of real estate investment, understanding the market in your area is one of the most critical components to any kind of investment of this nature.  Doing thorough research and risk analysis before making this investment decision can be the difference between a lucrative investment and a total loss.

Some other important factors to look into for shopping centers are the current occupancy rates, length of tenant leases, quality of tenants, as well as the demographics of the area. Within this you should take a look at current, or even potential, anchor stores.  These will be draws for other retail tenants and bring in a greater customer base to the shopping center.  Grocery stores are a very popular and desired anchor store for their necessity and market stability.  Finding a shopping center with multiple anchor stores is a great way to grow your investment.  So look into the profitability of each retail store, and both current and potential future tenants.  Anchor stores such as Target, Nordstroms, Best Buy, Ross or other big box stores,  are an integral part of the shopping center’s success.

Shopping Center For Sale Redlands

Net Leased Shopping Center in Redlands, CA. 

Also, looking at the location and present condition of the shopping center is another make-or-break component of this investment.  Factor in the costs of upgrading the appearance versus a newer and pricier option. Perhaps you would prefer to get things up and running faster.  In this scenario you’ll pay for the higher property cost upfront.

However, the upside to a more outdated shopping center is the lower initial cost of the property.  Additionally, you can choose to update what you wish at your convenience. Putting these updates off is not always optional.  Although, if these are relatively minor cosmetic issues, they can be spread out over the course of time.  Additionally, you can create an even more modern version that is suited to the preferences of the target markets you are trying to reach.

When considering this type of investment, it cannot be stressed enough that your location is such a crucial component to your success.  With many measurable signs of the economy’s continued improvement it is an excellent time to consider investing in shopping centers.  Comparing locations from city-to-city and within the areas of a selected city should be carefully researched.

While there are so many different kinds of investment properties out there, it is important to find the one that is best suited to your specific situation.  No matter which type of property you decide on, all investments take a lot of research and a dash of good luck.  Ensuring that you do the appropriate legwork with your initial investment will help safeguard your investment.

Regioncy Banner Logo

Based in Yucaipa, CA, Regioncy Real Estate provides commercial and residential property owners with advisory and management services. Regioncy focuses on multi family, retail, office, industrial, asset management and a broad menu of residential services. Our mission is to help our clients build, grow and preserve long term wealth by providing superior advice, strong representation, professional market knowledge and expert analysis.  Contact us here.

Reasons For Which A Great Real Estate Agent Is Needed

Posted on by Nathan Diones

Not every realtors are created equal. Like almost all industries, there are plenty of fantastic pros, nevertheless once in a while an undesirable apple rubs some sort of customer as well as owner that further damages the reputation of rest of the real estate agents.  In the event you’ve got into undesirable situation previously, don’t allow it to occur again. If you aren’t  comfortable with your agent, immediately stop every piece of work with him. You’ll find many more great agents in the market of this industry — don’t move ahead before you have got that one.  When you will finally find a wonderful realtor, you’ll locate an abundance of good reasons to get grateful for him or her. As working with the highly professional and a trustworthy real estate agent helps in delivering big benefits for both: buyers and sellers.

At Times of Difficulty They are Always With You

Down the middle of a new deal that appears to be providing you with additional heartache in comparison to love? Maybe it’s not really your “deal” you thought to be, or even a thing just doesn’t look appropriate?  But a good estate agent will take up your call even at 10 pm, hear you and will support your decision about it. Selling or buying a house is often a serious economic deal & the decision in relation to it should not be taken by flowing into emotions.  Your adviser must uncover almost every problem and also, in the event if it’s the best selection,  suggest backing out of the deal before you even bring it up. They’ll be on your side, and also trying to develop a long-term relationship — not just make a swift money.

Within The Record Time They Will Help You In Selling Your House

A great list broker doubles as an administrator, designer, along with connection of things speedy along with rapid pertaining to home improvement.  Pondering on selling, however daunted through the thinking behind making your own home,  repairs or simply just deep cleaning? Good real estate professional agents undertaking all the responsibilities along with relieving needless dilemma for the precious time to get saved.  After your approval, the broker can muster way up some sort of workforce including painters, stagers, ground finishers, property planners — and also the list proceeds. At this point, your broker will be the only one to contacted for the fast completion of the work of your home.

They Are Aware Of Your Juggling Work

A genuine real estate transaction could be monotonous. An individual always wants a random signature or perhaps a report notarized. Inspectors and appraisers want to get into the house, and from time to time on the list of functions features a last-minute demand is there which you can’t be ignored.  A superb agent understands that you have an existence beyond your own property transaction. She’ll get to your dwelling even at night or may hook a person within the reception of your respective workplace.  For making your daily life much easier and your transactions smoother, a great realtor is ready with its  services 24/7. And they love doing it for their delighted customers. Moreover, this thing builds their reputation as well.

Helpful Data About Your Home Is Presented In Front Of You Even After Long Time

You might have experienced and found that most of the real estate agents after completing the deals move forward. But a professional healthy & good agents are aware of their duties and also fulfills them.  People are always interested in knowing the current value of the property in the market and to what extend their investment has proved to be the best. In this matter, real estate agents can personally maintain a report of complete analysis which can provide complete information to the client regarding the market value of their property. By this, owners remain informed about their property.  It’s a fact that you are well informed about all these things, but an active real estate agent by keeping you in the loop is the best thing.

They Have A Market And Remain Well Informed About The Current Market

Good deals can be cracked if an agent has good market and remains informed. Also, well connected links with the other agents and other deal makers that can help in grabbing the big time opportunities.  A genuine and a serious agent will keep of your interests in mind and will provide you ample of opportunities by teaming up with its staff. These efforts will surely help in find a dream house for you.  If you find such an agent in your life, make sure to be thankful to him. Though, you haven’t found such a real estate agent yet, contact us for the full fledged services by visiting http://www.regioncy.com/

 

Rents rise again in Southern California, but not so fast this time

Posted on by Nathan Diones

The average rent paid for housing in Los Angeles County in the first quarter climbed 2.4% compared to last year, to $1,520 a month, according to new figures out Thursday from real estate data firm Reis Inc. That’s roughly in line with inflation. Orange County is up 3.5%, to $1,660.

Both counties rank among the costliest rental markets in the country — though well below the $2,277 average rent paid in San Francisco and $3,233 in New York — and also among the tightest.

Redlands Four Unit Building