Property Evaluation harkins
Buying property is one of the soundest investments you can make provided you do the proper research beforehand. When reviewing commercial buildings for sale, you have to consider many factors. One of the most important of these is the overall value of the property. Before you buy commercial real estate, you should make use…
As-Is Sale harkins
When researching commercial real estate for sale in Lake Mary and the surrounding areas, you will likely come across commercial property for sale listed ‘as-is’. When a commercial building is listed as an as-is sale, it is a specific term and is not a catch-all for a seller to get out of any liability.…
Four Tips For Buying Commercial Property harkins
Investing in commercial real estate is a sound investment choice and with proper oversight, commercial real estate can be a useful addition to your investment portfolio. However, before you buy commercial real estate, you should keep the following in mind. Four Things To Keep In Mind Before Buying Commercial Real Estate Research The Local…
Some Commercial Real Estate Tax Benefits harkins
When you buy commercial real estate, there are many associated responsibilities with property ownership. One of the most important of these is filing the proper tax paperwork with the state (where applicable) and the federal government. However, there are also many tax benefits commercial property ownership brings. Three Tax Advantages When You Own Commercial…
What Does A Property Manager Do? harkins
When you buy commercial real estate, you gain a valuable and versatile investment. However, part of owning a successful commercial space for lease is proper management. As a commercial property owner, one of the first things you should do is hire a reputable property management company. They can handle many of the most important…
Four Ways to Increase the Value of Commercial Real Estate harkins
When you buy commercial real estate, you gain a valuable asset that if well maintained and managed, can turn a profit for many years to come. A common question many owners of commercial real estate have is how to increase the value of their property. The following tips will help you add value to your…
Commercial Real Estate Vs. Residential harkins
Real estate is a long-standing and popular form of investment and owning property is an excellent way to diversify your portfolio. An important aspect of property investment is understanding the difference between commercial and residential property for sale. Three Ways Commercial and Residential Property Differ Types Of Properties: the first difference is in how the…
Top 3 Advantages of Property Valuation harkins
As a savvy investor, you already know that property valuation is a priority. Keep this in mind when you are buying Sandford or surrounding area commercial real estate. Thus, understanding the key benefits of this process will ensure you get the best outcome. Property valuation ensures you fully understand what you buy and that…
Reasons to Invest in Real Estate harkins
Looking for the best way to invest your money? Today, people have more investment opportunities than ever before with options such as bonds, stocks, mutual funds, and other attractive vehicles readily available. However, few expenditures provide a return on investment (ROI) like real estate. 1. Create a Stream of Income Commercial real estate for…
Important Commercial Real Estate Terms harkins
The commercial real estate market is brimming with complex terminology. For many, real estate terms can be confusing and can make it challenging to navigate commercial property for sale. If you are searching for property in the Sanford or Lake Mary area, here are some common commercial real estate terms you may come across.…
Need An Evaluation On Commercial Property? harkins
When you decide to list your commercial property for sale in Lake Mary, one necessary step you need to take is to find the property value. You may do this on your Sanford commercial real estate by scheduling an evaluation. This evaluation educates you on exactly how much your commercial property for sale in…
Thinking of A Commercial Real Estate Loan? harkins
The Sanford commercial real estate market is booming. There are plenty of exciting Lake Mary commercial buildings for sale at the lowest prices in years. While yes, this is in part due to the fallout from coronavirus, the smart investor knows to take tragedy and find the opportunity in it. In fact, you aren't…
What You Need to Know About Subleasing Commercial Property harkins
Whether you are an existing commercial business, or a start-up looking to make a splash, a commercial property location can be critical for establishing your business. Even in our current tech-driven markets, a commercial building can be critical for several reasons. Business logistics, shipping and packaging, as well as housing equipment or serving as a…
What Happens When You Can’t Pay Rent for Your Commercial Real Estate? harkins
The Covid-19 pandemic has introduced to 2020 a myriad of crises that continue to create a ripple effect of consequences that are impacting just about every aspect of society. This is seen anywhere from social interactions to business dealings. One of the consequences of the coronavirus pandemic is that many people are out of…
Finding The Right Commercial Property for Your Business harkins
Whether you are starting a new business or are trying to relocate to an existing one, chances are, the location may be one the biggest factors you may consider first. While location is extremely important, other factors may help you decide whether or not there are other options that may be more valuable to…
What Goes Into Commercial Property Evaluation? harkins
When someone is evaluating a commercial property, such as Sanford commercial real estate, a few factors are going to be involved. One of the most important factors is always going to be the location. Even in commercial real estate in Orlando, this plays a critical role. Some of the factors that could play a…
Best Practices for Managing Industrial Properties harkins
Whether you have commercial real estate for lease or for sale, you'll need to have a few key practices in place for managing industrial properties. Being able to offer innovative solutions and advanced technology to your new tenants will not only add value to them but also to how they manage these properties in…
Tips On Expanding Your Business harkins
In some situations, change is good. Whether you're remodeling, renovating, or expanding your business, there are steps you need to take to ensure your project is successful. Before you make changes to your Sanford Commercial real estate, consider these different tips. Remodel, Renovate, or Expand? Remodel - when you remodel commercial buildings for sale, you're…
Managing A New Property vs. An Existing One harkins
If you are looking to buy commercial real estate, chances are that you have thought about buying a brand-new property to manage. While more expensive, a new property has fewer risks and liabilities when it comes to tenant management. Here are a few things to think about when deciding to look at commercial real…
Month to Month Leases vs. Yearly Contracts harkins
When looking for commercial space for lease, location is ultimately the most important aspect. By choosing to be a tenant in Lake Mary, you will have exposure to the Orlando population to improve your business. But, how should you go about your lease? Should you renew on a monthly basis, or should you consider…
Top 3 Things Tenants Should Know harkins
As a tenant, you may think that many responsibilities around your property fall into the hands of the owner or the landlord. However, much of the day to day responsibility is up to you. As a tenant, you have certain tasks and obligations that you must uphold in order to remain in the residence…
The Importance of Property Evaluation harkins
When you are getting ready to purchase a new piece of land or invest your money into an existing property, it is important that you fully understand every feature and aspect of that property- good and bad alike! Short And Long Term Investments When you are dealing with commercial buildings for sale and looking…
Going Out Of Business: What Happens Next harkins
Every business experiences issues with cash flow. Some may not recover and, as a result, have to close. Going out of business involves several steps to ensure nothing is forgotten. 1: Do You Need an Attorney? If you're closing due to financial distress, you may not be able to afford an attorney. However, many…
Protect Your Property: National Preparedness Month harkins
September 2019 has been designated as National Preparedness Month. This means that it is a national opportunity for us to come together and have a conversation about being prepared in the face of natural disasters. Each week of the month has its own theme that emphasizes particular classes of disaster and allows opportunities to discuss the…
Understanding a Lease harkins
The first step to understanding a lease is to read it. Always read every single word before you sign it. If it is possible, take it to a lawyer and have them read it too. If that is not possible, then research leases for similar circumstances and compare them. Each and every lease in…
Real Estate Under 30: What to Expect harkins
Owning real estate is one of the great paths to financial independence. Unfortunately for the young investor, the price to join has never been higher. The cost of real estate has gone up dramatically in the last twenty years. Whether one is searching in urban or rural markets, land and everything associated with it…
The Best Time of Year to Search for Real Estate harkins
Real estate is a surprisingly seasonal marketplace. There are enormous variations in real estate activity from one month to the next. This has an effect on both property availability and retail price. Investors will be able to use the natural tides of the marketplace to emphasize what they want to accomplish. Although the timing is…
Searching For Your First Investment Property harkins
Purchasing income property or commercial buildings can be lucrative. It's also a significant investment to consider. Those who experience real estate success recommend that those starting off new should take precautions. It's essential that you take your time, as well as do your research. As with any business, it's better to have a firm understanding of what’s involved…
Property Management 101 harkins
The art and science of managing your property cannot be completely distilled down to a simple series of articles. Experience and real-life training are necessary. However, we can give you a map of the territory. Here are some of the major topics that anyone mastering property management will face: Physical Security of the Property The…
Tips for Excellent Property Management harkins
It's critical to hone and update your skills regarding property management consistently. In doing so, you'll be implementing time-saving strategies that will help you scale your business into that's making money instead of costing. Because being a property manager involves being in demand by co-workers, owners, tenants, maintenance technicians, and a myriad of other…
Things to Avoid in a Lease Agreement harkins
Any commercial lease should create a symbiotic relationship where both parties benefit economically from each other. The lease sets the ground rules for the relationship, specifying precisely what all parties expect from their shared enterprise. It well understood that both parties will have the greatest possible latitude in which to operate, and the lease…
Biggest 2019 Trends in Commercial Real Estate harkins
As we approach the ending of 2018, it's time to look ahead to the biggest 2019 trends in commercial real estate. As we would expect, the real estate market experienced fluctuations throughout 2018. Despite a flurry of new home constructions occurring and prices rising throughout the United States, large corporations including Toys 'R Us…
Are You Ready for an Investment Property? harkins
Property investment is not necessarily a hobby or a part-time occupation. It has a tendency to become a way of life. The financial forces involved in a commercial property transactions are enormous, and they bring with them the expectation of similar investiture of time and energy. Proper commercial investment requires undivided focus, scrupulous attention…
What is the Role of a Commercial Brokerage? harkins
Commercial brokerages are a specialized type of real estate brokerage firm that find a niche in larger and more economically productive markets. Instead of working on residential housing for home buyers, tenants, and speculators, these brokerages concentrate directly on the commercial marketplace. This makes them extremely useful for commercial real estate investors for two…
Scary Stories: Real Estate Investment Nightmares harkins
We've all seen those real estate reality television shows where investors find the best deals and walk away with valuable properties. These success stories make real estate investing look more straightforward than it is and while many have received enticing returns from their investments, there are others who have lost a lot of money.…
When to Sell Your Investment Property harkins
Determining when to sell your investment property is a challenge considering how often the real estate market changes. However, there are investing tips that can help you make this determination. A myriad of reasons could be leading you to this decision, but you must ensure it's the right one before selling. For example, if…
Choosing the Right Property for Your Growing Company harkins
Where you decide to build your business not only affects your overall operations, but it also influences your income, expenses, and how your teams will collaborate. Choosing the right property for your growing company plays a prominent role in its success, as well as its failure, so it's critical that you map this out…
How to Choose the Most Qualified Tenants harkins
For landlords who are working in the real estate industry, it isn't uncommon to receive numerous applications for rental properties from potential tenants. Despite this being excellent news for property owners, it can become a challenge choosing the most qualified tenants. When the owner has many qualified tenants to choose from, it gives them…
Financing Your Commercial Property harkins
Commercial property transactions commonly range in the millions of dollars. The amount of money required to finance a commercial property is far beyond the economic reach of the vast majority of Americans. The situation becomes more daunting when the various legal expenses, insurance policies, and maintenance costs related to a new property are considered.…
How Property Management Can Help Maintain Value harkins
Property management is not only helpful in maintaining a property's value, it is essential. Active property management is necessary to keep up with all the taxes and legal tasks required for commercial property operation, stay abreast of the maintenance and upkeep of the building necessary for commercial activities take place there, and perform the…
Are You Ready to Make a Commitment to Owning Commercial Property? harkins
Purchasing ones first commercial property can be a decision of great gravity. If one wishes the experience to be profitable and perhaps even pleasant, then an enormous amount of preparations will have to be made. Funding will have to be secured and invested, and the time and energy involved can be substantial. There is…
3 Things to Know About Property Evaluations harkins
There are three things that every commercial property owner should know about property evaluations. The first is that they are not always correct. The second is that they are usually correct. The third and most important thing to know about property evaluations is that the bank and the investors are going to listen to…
Top 4 Things People Forget When Purchasing Investment Properties harkins
Buying a commercial property as an investment is a vast undertaking. It is no surprise that so many people, when faced with such an array of unfamiliar tasks, tend to make a mistake or two. The important thing for any investor is to not get overly upset. Some errors are always going to occur,…
When is a Property Worth Renovating? harkins
Investors in commercial real estate will find that some of the properties that come to their attention will have substantial difficulties attached to them. Whether it is an unfortunate location, a tax lien, or a problem with the building itself, a commercial investor must be able to make an intelligent decision about how much…
Pros & Cons of Property Management harkins
Commercial property management can be a tremendously rewarding and profitable exercise. However, it must be done in the right way and for the right reasons. It is tremendously time and energy-consuming, the economic opportunity costs can be astoundingly high, and there is always the risk of losing some part of the investment. There are…
3 Tips on Neighborhood Research Prior to Purchase harkins
Everyone knows that location is by far the most important variable when purchasing commercial real estate. It determines what the tenants will expect and what the neighborhood can support. Here are three basic tips for researching a neighborhood before making your commercial property purchase. The three major areas of research should be governmental, economic,…
All About Sub-Leasing Commercial Spaces harkins
Commercial real estate often rents for much longer terms than ordinary real estate. Contracts that specify leases of five or ten years are common, and lease terms as long as a hundred years are not unheard of. Those who hold long leases may be able to protect themselves from unforeseen business reverses or to…
Taxation on Investment Properties harkins
One of the most daunting aspects of real estate investment, especially in the state of Florida, is the overwhelming burden of the tax code. Investment properties in particular may be susceptible to taxation complexities far beyond the ken of the average investor. Tax law recognizes the difference between a home that a family lives…
Most Common Financial Challenges after Choosing a Commercial Property harkins
Buying and leasing commercial property is a serious financial undertaking. Unfortunately, after the ink has dried on the paperwork many common challenges may still exist. Here are a few of the most common financial challenges that occur after choosing a commercial property to buy or lease. Changes in Funding Arrangements It is impossible to be…
Benefits of Commercial Brokerage harkins
Searching for commercial property can be a daunting task. Thankfully every transaction you'll make will be with the help of a commercial brokerage. The complicated nature of buying or leasing commercial properties warrants the help of a trusted expert. You'll soon find that the benefits of working with a commercial brokerage are vast. A Commercial…
How to Tell an Investment from a Loss in Commercial Property harkins
When seeking to invest in a commercial property, the investor makes certain assumptions about the future. They believe that this location will return their inlay of capital and time. They hope that the current combination of zoning laws, taxes, and maintenance outlays will lay no substantial inroads into their profitability or capital. Most of…
Top 5 Tips for Outstanding Property Management harkins
Property Management is an extremely rewarding industry to thrive in however, inexperience can be disastrous. Here are five tips to help guide your management style and set you up for a lucrative career in commercial property management. 1. Keep Comprehensive Property Management Records. A business person will never know when they are going to…
Comparing Commercial Property: Things to Think About harkins
Buying or even leasing commercial property is a huge decision. You’re investing lots of money expecting a return from tenants or customers. That’s exactly why you should plan carefully and know what you’re looking for. Don’t just settle for the first property you fall in love with. Keep a few things in mind and…
Commercial Property Trends in 2018 harkins
As we close another year, it’s full speed ahead for commercial property business. 2018 Trends for Commercial Property will continue propelling technology and innovations. All changes adapt to consumer demands for fast service and employer needs to do business better. Forced Innovation for Retail Space Property owners will continue having to come up with…
To Build or Search? Which is Best for Your Business harkins
When starting or expanding a business, the building is one of the most critical decisions. You want everything to properly service clients while making a wise investment. If you’re thinking about building your commercial property, plan carefully. Keep a few things in mind when choosing to build or search for business property. Length of…
Important things to Consider When Searching For an Investment Property harkins
The most important part of property investment is the actual search. You’re dumping your money into the property with hopes of a lucrative return. That return will never happen if you end up with a busted investment. That’s why you should take the property search seriously. Treat it as a job and use these…
Do I Really Need Tenant Representation? harkins
Tenant representation is one of the most important issues that any commercial real estate investor or renter deals with in the modern world. All businesses require a physical location, even if the majority of their work is carried out in the electronic world. Unfortunately, the ever-shifting economic and legislative conditions of the world require…
What Adds Value To My Property? harkins
There are three major factors that determine the monetary value of any commercial property to a potential investor or renter; facilities, maintenance, and location. Improvement of any of these three will add value to the property. Of these three, location is by far the most important and also the most difficult to control. Facilities…
Benefits of Hiring a Property Management Company for Your Commercial Property harkins
It's tempting to handle everything on your own with your commercial property. Though you're capable, the task may involve more details than you think. If you're already managing your property or trying to decide which option is best, check out the benefits a property management company will bring. Getting the Property Leased One of…
Top Tips for Helping Your Commercial Property Retain Value harkins
Commercial real estate can be a game of inches. The profit on the property can be whatever is salvaged from the expenses, and a large proportion of the enterprise's profitability might simply be out of the owner's control. A focus to retain value of your property is of the utmost importance. With that said,…
How to Determine if You Should Rent or Buy Commercial Real Estate harkins
Should you buy or rent commercial property? Many considerations come into play, with costs often being the most paramount. Yet, there is a range of things to think about when making this choice. Let’s take a look at some of the pros and cons you might not have thought about yet. Pros of Buying…
How to Determine the Best Time to Buy or Sell Commercial Real Estate harkins
Timing is everything, and that goes double for commercial real estate. In the past decade, we’ve seen the difference between a raging seller’s market and recession. Properties lost up to 50 percent of peak values following the Great Recession. Commercial real estate is not immune to the dynamic real estate market. For this reason,…
What You Need to Know Before Contacting an Agent harkins
Looking to invest in real estate, or need to find a property manager to handle renting out your second home? A real estate agent can help with those endeavors, and a lot more. For instance, experienced agents can help you buy and sell both commercial and residential properties, find the perfect rental space for…
How Long Does it Take to Own Commercial Real Estate? harkins
There are two major impediments to closing the deal on commercial property. These are the due diligence on the property, including the appraisal, and the property acquisition process. Bank approval of the loan can add to the time taken as well, but that will vary greatly between customers. Due diligence is an essential step…
Why Now is a Good Time to Invest in Commercial Real Estate harkins
Real estate has traditionally been one of the best areas in which to invest money and create wealth-building opportunities. Unfortunately, the recession and housing crisis in 2008 frightened many people away from real estate investing, especially commercial real estate. However, the market has radically improved since that dark time, with real estate prices climbing…
Should You Buy or Lease Your Next Commercial Property? harkins
The choice of whether to buy or lease a commercial property must be carefully considered from many angles, especially if you are an entrepreneur planning on starting a new business. An entrepreneur or investor can make an informed and logical decision to purchase or lease by asking themselves the following questions: Are You Planning…
The Do’s and Don’ts of Negotiating Contracts harkins
Contract negotiation isn’t the first thing you think of when it comes to property management. Though not glamorous, contracts are a critical necessity in the investment world. It’s tempting to want to skip the negotiation process and the mountain of paperwork. After all you don’t want to “miss a good deal.” No matter how…
What You Need to Know Before Investing harkins
It's the thing to do now. The way everyone wants to make money. Passive income is attractive and property investment is one of most sought after sources.The passive classification of investment income does not excuse you from doing the initial legwork. It’s not a game you just toss your money into and hope for…
Common Property Management Mistakes That Will Kill Your Business harkins
Property management is an ongoing learning process. It’s natural to make mistakes and learn from them as your business grows. Still, you don’t want to make costly bad decisions that are detrimental to your business. You can avoid these common property management mistakes by learning from those who have experienced and survived them. Common…
4 Investing Must Do’s for a Successful Real Estate Business harkins
Real estate investment is an attractive business opportunity with potential for large returns. Even with lucrative possibilities, don't underestimate the risk and necessary legwork. Whether you're a beginner or a seasoned player in the business, there are some things you must always do for a successful career as a real estate investor. Look Deep…
How To Improve Your Environmental Evaluations harkins
Environmental evaluation can be challenging considering the intangible aspects involved. When you're dealing with a smaller property, it’s easier to determine how upgrades and renovations can increase its value and attractiveness. Larger projects that will impact more than a few tenants require even more planning. The process of environmental evaluation could mean the difference…
Costly Investment Mistakes You Should Avoid harkins
Property investment can be a rewarding experience, but it's not easy. The outcome of your investment depends on many factors. Just like security investments have ups and downs in the market, real estate does too. That shouldn't stop you from taking measures to protect your investment. To have the best shot at a solid…
How Tenant Representation Increases Property Values and Profitability harkins
The commercial and residential real estate markets continue to evolve as demographics and technology shift the investing landscape. With longer life expectancies for baby boomers and the unique lifestyles Millennials lead, real estate investors must refocus their investment strategies to gain a competitive advantage and drive bottom-line growth. In today’s technological, social and economic…
Do You Have Money In the Relationship Bank? harkins
It's obvious that doing business in property management requires funding that includes money in the bank. Have you also thought about other requirements outside of tangible ones? Taking time to network and build relationships leads to many other opportunities. That makes having money in the relationship bank just as important. The world of entrepreneurs…
How to Add Value to Apartment Buildings harkins
Apartment living has become a popular option for people of all ages. That's one of the reasons thousands have invested in building, purchasing, and improving apartments. Many of the new and renovated properties have made apartment living an attractive way to reside within a community in a resort style setting. Existing properties should take…
All About Multifamily Investing harkins
The multifamily real estate market remains one of the more popular investments for investors who want to take an active role in building their capital. Instead of passively handing over their money to a fund manager running a real estate investment trust or investing in individual stocks, multifamily investors use one of several investment…
Tips for Funding the Overlooked Costs of Purchasing an Apartment Building harkins
If you are considering investing in an apartment building, there are certain costs that will undoubtedly be a part of your transaction. These often-overlooked costs include your security deposit and due diligence costs. You may not initially have the money to cover these costs but that does not mean that you should give up…
Aspects Considered When Valuing an Office Building harkins
If you are looking to invest in commercial real estate, you may be interested in investing in an office building. If this is the case, you will want to know how these buildings are valued. Office buildings are valued using a multiyear discount cash flow analysis. This analysis uses several factors to give the…
The 3 Classes of Office Buildings harkins
If you are considering investing in an office building, you will probably be looking at buildings that will fit into one of three classes. Office buildings are typically assigned to one of the classes due to their quality rating which is dependent on the property characteristics and the local market’s definition of the class…
Investing in Office Buildings Requires Due Diligence harkins
If you are considering investing in office buildings, it is very important that you do your due diligence first. Accounting for around 20 percent of the total commercial real estate market, the office buildings asset class has generally been the most volatile of all commercial real estate asset classes. This is due to macroeconomic,…
How Millennials Invest harkins
It’s official, millennials have surpassed baby boomers as the nation’s largest living generation in the United States. People who were born in and after 1980 are considered to be millennials, and their most unique traits are their love for technology, social media, and instant gratification. Millennials were there to witness the most recent stock…
5 Reasons Why You Need a Tenant Representative harkins
If you are looking for a commercial real estate space to lease for your business, a tenant representative should be a necessity to make sure that you get the right deal for the right price. There are several reasons why a tenant representative should be included in your acquisition of the right commercial real…
3 Tips for Beginners in Commercial Real Estate Investment harkins
When entering into commercial real estate investment for the first time, there’s always the potential that you can get in over your head. Thinking too big too early can cause you to make mistakes that can potentially have a negative effect on additional properties that you might invest in. If you’re a first-time investor…
5 Types of Landlord in Commercial Real Estate harkins
In commercial real estate, there are five main types of landlords. Each type of landlord has a different portfolio, different expectations, and different goals. The size and needs of your business will determine which type of landlord is best for you to rent from. Mom and Pop Landlord Mom and pop landlords are small-time…
Investing in REIT harkins
Commercial real estate can be a great opportunity for investors but there are certain aspects that can seem like too much trouble for those without the proper resources. Most notably, commercial real estate is much more complex and expensive than residential real estate. But there is a way for more modest investors to get…
Real Estate Formulas to Help You Find the Right Deal harkins
When evaluating a property that you may be considering investing in or renting, it’s important to understand different types of real estate formulas. Due to the mass volume of real estate formulas and ratios, it can be difficult to keep track of them. Here are four important real estate formulas that can be used…
Finding Commercial Real Estate for Your Startup Business harkins
Starting your own business can be difficult. When getting off the ground, you’ll probably start in your house or in your garage to begin with. But after a while, you’ll grow to the point, as you continue to gain clients and hire employees, where working out of your house is no longer feasible. At…
3 Advantages to Investing in Commercial Real Estate harkins
If you’re considering investing in real estate, your question may be whether you should invest in commercial real estate or residential real estate. While residential real estate can be a good investment, commercial real estate offers several opportunities that should be taken into consideration. Here are three advantages that could make commercial real estate…
What is a Real Estate Note? harkins
An important part of real estate investment is the real estate note. This is an integral part of the loan process because it guarantees the lender will get his or her loan returned and will be protected if not. A real estate note is also called a promissory note, a promise to pay back…
5 Tips to Building Credibility in Commercial Real Estate harkins
If you’re new and relatively unknown to commercial real estate, you may want to build your credibility. This will help when looking for investors or other professionals to help you close a deal. The following five tips will ensure that you’ll be taken seriously as a credible investor in a property. Learn the Language…
3 Reasons to Invest in Commercial Real Estate harkins
If you’re thinking of investing in real estate, you may be trying to decide whether you should invest in residential real estate or commercial real estate. While it may not seem like it at first glance, there are many advantages to investing in commercial over residential real estate. Here are three specific reasons why…
3 Habits to Successful Commercial Real Estate Investment harkins
There are many things an investor can do that will help them acquire the right commercial real estate investment properties. Most of these tips are specifically helpful in certain situations like when you’re closing a deal or having a property appraised. But there are three things that you should make a habit of always doing…
3 Changes in the Commercial Real Estate Industry harkins
As with any industry, the commercial real estate industry is an ever changing one. What was once a small community has grown into a $6.7 trillion industry which represents almost 10 percent of all institutional investment portfolios. Here are some changes that are currently occurring within the industry. Rising Competition in Commercial Real Estate…
Should You Buy or Lease Commercial Real Estate? harkins
Whether you’re starting a new business or your business is growing, you’ll be moving into a new building. But it’s not as simple as finding a new building you like. You’ll also have to decide whether you want to buy your business’ new home or lease the property. To help you make that decision,…
5 Tips for Commercial Real Estate Investment harkins
If you’re an entrepreneur looking for a new investment, you might be considering investing in commercial real estate. But like with any other investment, it’s important that you make an informed decision. When making the move into commercial real estate investment, it’s important to know how and where you want to invest. Here are five…
10 Things to Remember About Doing Your Due Diligence in Commercial Real Estate harkins
Investing in commercial real estate can be a lucrative venture. But there are some common mistakes that investors can run into when doing their due diligence in commercial real estate. Being aware of these potential pitfalls can make the process of acquiring property much easier. Value the Property Correctly Be conservative when underwriting a deal.…
Tips for Acquiring Commercial Real Estate harkins
An investment in commercial real estate can be a profitable one. However, acquiring a loan for the purchase can be difficult. Lenders are typically wary of lending large loans as they fear that the borrower may end up defaulting. If you’re planning on investing in commercial real estate and are seeking a loan, there…
5 Tips to Prepare For a Commercial Real Estate Appraisal harkins
Whether you’re looking to buy, sell, establish a value for a lease, or lodge a property tax appeal, you’ll need to have an appraisal done by a certified appraiser. At Harkins Commercial Real Estate, we want to help you prepare for this appraisal. So with that in mind, here are five things you should…
4 Keys to Finding Commercial Real Estate harkins
Commercial real estate can be a great investment if you find the right deal. Whether it’s the additional cash flow, the beneficial economics, or bigger payoff, investing in commercial real estate can payoff if you’re prepared and educated in the ways of the business. Here are seven tips to get you started in commercial…
5 Reasons Why You Should Invest in Commercial Real Estate harkins
Any type of property can be a good investment. But there are some aspects of commercial real estate that may make it a more desirable investment than residential. Commercial properties are buildings that are built to run a business rather than houses. These include retail buildings, office buildings, warehouses, industrial buildings, apartment buildings, and…
3 Types of Leases in Commercial Real Estate harkins
When signing a lease to rent a commercial property, you will most likely end up signing one of three leases; a gross lease, a triple net lease, or a modified net lease. At Harkins Commercial Real Estate, we want to make sure you understand these types of leases prior to signing them. A gross…
New Year, New Building harkins
As we head into the new year we at Harkins Commercial Real Estate are always thinking about what’s coming next. For many businesses in the Orlando area, 2015 was a year of massive growth and change. With growth and change can come the opportunity to change a business location and start fresh in a…
Merry Christmas From Harkins Commercial Real Estate harkins
This season is always very exciting for our clients. Decorating their storefronts and getting ready for the onslaught of customers is always invigorating for every business owner. We are so happy to have been able to help our many clients get into the commercial property that they now operate as a business. We hope…
Tenant Representation with Harkins Commercial harkins
Any business owner looking for a location to lease understands how difficult finding the perfect place can be. Checking all the boxes for location, quality of building, and paying a good price is hard for a business owner to do. Which is where a good tenant representative comes in. At Harkins Commercial Real Estate,…
Predicting the Perfect Location For Your New Buisness harkins
Choosing the perfect space for your new retail shop can be very difficult. With location being such a major component of business success, there is always an urge to keep your business where you know there to be a lot of traffic. The problem with these high-volume areas can be, however, that the rent may…
The 1-2-3s of Land Acquisition harkins
Sometimes, when looking for a space to conduct business operations, you desire a building all your own. When this happens you’re not looking for an existing facility, you’re looking for land so that you can begin to build the site of your dreams. Searching for land that suits your needs is much different than…
Commercial Real Estate Projections for 2015-2017 harkins
At Harkins Commercial Real Estate we are brokers and property managers that you can trust to help you make the hard decisions your company needs to. When it comes to purchasing or leasing commercial property you can count on us to show you the best suited properties for your business. A recent survey prepared…
Simplifying the Sale with a Brokerage harkins
Owners of commercial property often become overwhelmed when they decide to sell their property or acquire a new one. For those property owners, partnering up with a first-rate brokerage is a wise step in the right direction. Brokerages, like Harkins Commercial Real Estate, can assist both owners of commercial property and those looking to…
To Buy or To Lease: Pros and Cons of Ownership and Leasing harkins
When you own a business there are many difficult decisions that need to be made. One of the most difficult is whether to lease or buy a commercial property. For each business owner this decision is different, but we hope that this blog can serve as a guide to help aid your decision making. Long-Term…
Talk The Talk with Commercial Real Estate harkins
For first time commercial real estate buyers, getting the conversation started can be difficult. As Central Florida’s premier commercial property owners, developers, managers and agents, Harkins commercial knows setting our clients up for success starts with talking the talk. Here are some important commercial real estate terms you’ll be glad you learned when you begin…
Should I Hire a Commercial Property Manager harkins
When you purchase a commercial property, you acquire a lot of responsibilities. If you’re up for the challenge of renting out spaces, collecting rent, maintaining the premises and advertising the property to potential lessees, congratulations! You’re one of the few owners of a commercial property who has the time and drive to wear so…
What is a Cap Rate? harkins
Using the capitalization rate, or cap rate, is a common tool in commercial real estate investing, though it is often misunderstood. The cap rate is the ratio of Net Operating Income (NOI) to property asset value. What this represents is the projected return an investor can expect, assuming an all cash purchase. For example,…
The Wide World of Commercial Real Estate harkins
Commercial real estate is a very broad category that describes many facets of real estate and businesses that occupy those spaces. This broad definition keeps real estate agents, like the qualified ones at Harkins, on their toes. We’re constantly searching for the best suited-spaces for your business. Here are a few things we take…
2015 Commercial Real Estate Trends harkins
Commercial real estate is akin to the ebb and flow of our ocean’s tide. Trends depend heavily on our country’s economic state. Over the past decade, we’ve seen a lot of change and as a result, here are a few things Floridian commercial real estate investors should be watching. Renting Space Continues to Reign…
June Update on the I-4 Ultimate Project harkins
June 2015 is a big month for the I-4 Ultimate expansion project. While this event doesn’t affect Harkins Commercial Real Estate directly, its impact on commercial real estate in Orlando is going to be huge. Here are a few dates to consider and a reminder of the scope of this expansion project. This week…
Your Commercial Broker harkins
You know what they say in business, “Location, location, location!” If you’re struggling to find the perfect spot to conduct your operation, look no further than Harkins Commercial Real Estate. Our expertise rests on our client base, which consists of general/medical offices, retail, flex/warehouse/industrial spaces and land, and we’re the brokerage that can help…
The Harkins Difference harkins
At Harkins, we are more than just commercial real estate agents. Our experience in the industry has amassed 35 years and stretched to all corners of our industry. Harkins Development Corporation has built medical sites, offices, retail centers, warehouses and even residential sites. These operations have given us insight that most commercial real estate…
The Boom of Orlando’s Economy is Here to Stay harkins
We've got great news for those looking to get involved in commercial real estate! Central Florida is growing again, and according to an expert economist, it shows no signs of slowing down soon. From real estate to job growth, Orlando’s economy is expected to remain on the rise for a good while. According to economist…
Commercial Construction Permits on the Rise in Orlando harkins
Winds of change have been sweeping across Orlando, with commercial investors and developers looking for opportunities to stay on pace with the growth. Always a strong indicator of economic optimism, the number of commercial construction permits pulled in February was up considerably compared to the same time period last year. According to Orlando Business…
The Positives of Property Management harkins
Investing in commercial real estate is one of the biggest decisions you’ll ever make, but the decisions don’t end once you purchase your property. One of the next big decisions you’ll face is whether or not to hire a property management team. Here at Harkins Commercial Real Estate there are several reasons why we…
All About the Ultimate I-4 Renovation harkins
At Harkins Commercial Real Estate we are watching Central Florida evolve before our very eyes and we couldn’t be more excited! There are so many different changes happenings, and so many areas of growth, that it can only mean great things for commercial real estate in Orlando. If you call Central Florida home, chances…
Handling Your Commercial Real Estate Lease Needs harkins
So you’ve invested in the right commercial property and you’re ready to find the ideal tenant. Do you know what type of tenant your property is best suited for and how much companies will be willing to spend for it? At Harkins Commercial Real Estate we have an abundance of experience with commercial real…
Commercial Real Estate in Orlando Is on the Rise harkins
At Harkins Commercial Real Estate we’ve witnessed a surge in commercial real estate right here in Orange County. As your resource for commercial real estate Orlando, we’re excited for what this rise in commercial real estate could mean for your financial future. According to the Orange County Register, 96% of industrial buildings are currently occupied…
Getting to Know Sanford, Florida harkins
As your go-to resource for Sanford commercial real estate, we realize that not all potential investors are familiar with the Sanford area. We thought we’d share a few facts about Sanford as portrayed on CityTownInfo.com to help you get acquainted with the beautiful, lively city. Sanford, Florida is a continually growing area just ten miles south…
Consider Property Management for Bigger ROI harkins
At Harkins Commercial Real Estate we offer a multitude of services to ensure that your commercial property serves as a successful investment for years to come. As part of our comprehensive approach to commercial real estate, we proudly offer property management services. Commercial property management is essential to getting the highest return from your…
Is 2015 Your Year to Invest in Lake Mary Commercial Real Estate? harkins
Are you considering making 2015 the year that you finally invest in commercial real estate? Perhaps this will be the year you buy your second property, third, or even your fourth. Whether you are a seasoned investor, or you’re simply looking to dip your toes in the commercial real estate pool, our team of…
Get to Know Your Lake Mary Commercial Real Estate Team harkins
At Harkins Commercial Real Estate we have unmatched knowledge and expertise within the realm of commercial real estate. Are you considering investing in Lake Mary commercial real estate? We can help you navigate the unknowns when it comes to your large investment. Whether you are considering an investment in Lake Mary commercial real estate…
Consider Us Your Partner in Orlando Commercial Real Estate harkins
If you're in the market for commercial real estate in Orlando, then you’ve certainly found the right team in Harkins Commercial Real Estate. With years of experience fostering successful real estate investments, we have also fostered several successful relationships with our clients. We like to view our client relationships as a great opportunity for…
Your Comprehensive Resource for Lake Mary Commercial Real Estate harkins
At Harkins Commercial Real Estate we are proud to be your full-service resource for Lake Mary commercial real estate. Typically at Harkins we provide your commercial real estate services including tenant representation, commercial brokerage, property evaluation, property management, and investment properties. Because of our special relationship with DL Harkins Construction, we also provide commercial…
Nov-2014 Lake Mary Commercial Property Listings harkins
To view our November commercial property listings, click anywhere on the image. When viewing the image, you can click to zoom as well. Please call Mark if you have any questions or are interested in any of our commercial property listings. (407) 323-9310
Consider Harkins Your Resource for Lake Mary Commercial Real Estate harkins
Are you considering investing in commercial real estate? As your resource for Lake Mary commercial real estate, we have assisted in the development of numerous projects over the last 35 years. The experience of our team is unmatched within the realm of Lake Mary commercial real estate. Are you curious how you could grow…
Brokerage Services at Your Resource for Commercial Real Estate Orlando harkins
As your resource for commercial real estate Orlando, we offer several services in order to meet your commercial real estate needs. At Harkins Commercial Real Estate we are happy to provide our clients with commercial brokerage services. Our commercial real estate professionals know their way around the block with over 25 years of experience.…
At Harkins Commercial Real Estate We Are Also Investors harkins
At Harkins Commercial Real Estate we understand just how beneficial property investment can be to your long-term investment portfolio. If you’re interested in how you and your family could benefit from owning and leasing commercial property, then look no further than the Sanford commercial real estate experts. We’ve got the experience and the knowledge…
Four Reasons You Should Own Commercial Property harkins
At Harkins Commercial Real Estate, we strongly believe in commercial property as an investment. While you may have heard that commercial property is a good investment, we’d like to share a few reasons why we believe in owning commercial real estate with you here: Commercial properties have historically appreciated in value with time, as…
The Right Property Management Team Will Improve Your ROI harkins
Have you recently invested in commercial property or are in the process of doing so? Commercial property can prove to be a great revenue producing investment, however in order to ensure the highest return possible, commercial properties require constant management. At Harkins Commercial Real Estate we recommend hiring a property management team to manage…
Commercial Real Estate Stats Booming in Orange County harkins
As your resource for Commercial Real Estate in Orlando, we are constantly keeping up to date with changes in the economy and the Real Estate market. Recently the Orlando Business Journal released an article covering a few facts concerning Orange County that Real Estate professionals are confident will positively impact the entire Real Estate…
Take Advantage of Our Property Evaluation Experience harkins
Are you looking to buy Commercial Real Estate in the Orlando area? Property evaluation is a vital step in the commercial property buying process. Before you purchase a property, an expert evaluation will tell if you if the property is suitable for the needs of your particular business venture. The family that owns Harkins…
Considering an Investment in Commercial Property? Start with Harkins harkins
Have you considered buying commercial property as an investment, but you aren’t sure where to start? At Harkins Commercial Real Estate we are your resource for information and management regarding investment properties. The owners of Harkins Commercial are owners of both commercial and residential income producing properties in Central Florida; therefore we realize that…
Investing in Commercial Real Estate? Consider Tenant Representation harkins
As your resource for Commercial Real Estate in Orlando, Harkins Commercial Real Estate offers Tenant Representation. If you own a business, chances are that you have enough on your plate without adding tenant concerns into the mix. With Harkins Commercial Real Estate serving as your Tenant Representation, you’re free to focus on day-to-day business…
Make Commercial Property Management Your Next Investment harkins
If you have invested in commercial property, the next investment you should make is in commercial property management. At Harkins Commercial Real Estate our goal is to help ensure that you receive the highest returns possible from your commercial property. As your commercial property managers in Orlando, we manage many different types of commercial…
Considerations in commercial real estate part 8: resale value harkins
At Harkins Commercial Real Estate, we're interested in your business's long term success. And finding the right property for your business today means investing in your future tomorrow, so today we continue our 8-part series on favorable commercial property acquisition part 8: resale value. Savvy investors and developers don't just look at current market…
Considerations in commercial real estate part 7: financing harkins
At Harkins Commercial Real Estate, we've got the industry experience and the local market know-how to help you negotiate a lease on the commercial property of your dreams. The right property can mean the difference between your business thriving or plateauing, and today we continue our 8-part series on acquiring commercial real estate with…
Considerations in commercial real estate part 6: development costs harkins
At Harkins Commercial Real Estate, we've got the industry experience and the local market know-how to help you negotiate a lease on the commercial property of your dreams. We all know the right location can mean the difference between your business thriving or plateauing, so today we continue our 8-part series on a favorable…
Considerations in commercial real estate part 5: tenant mix harkins
At Harkins Commercial Real Estate, we've got the industry experience and the local market know-how to help you negotiate a lease on the commercial property of your dreams. We all know the right location can mean the difference between your business thriving or plateauing, so today we continue our 8-part series on a favorable…
Considerations in commercial real estate part 4: net operating income harkins
At Harkins Commercial Real Estate, we've got the industry experience and the local market know-how to help you negotiate a lease on the commercial property of your dreams. We all know the right location can mean the difference between your business thriving or plateauing, so today we continue our 8-part series on a favorable…
Considerations in commercial real estate part 3: physical condition harkins
At Harkins Commercial Real Estate, we've got the industry experience and the local market know-how to help you negotiate a lease on the commercial property of your dreams. We all know the right location can mean the difference between your business thriving or plateauing, so today we continue our 8-part series on a favorable…
Considerations in commercial real estate part 2: title issues harkins
At Harkins Commercial Real Estate, we've got the industry experience and the local market know-how to help you negotiate a lease on the commercial property of your dreams. We all know the right location can mean the difference between your business thriving or plateauing, so today we continue our 8-part series on a favorable…
Considerations in commercial real estate part 1: zoning harkins
At Harkins Commercial Real Estate, we've got the industry experience and the local market know-how to help you negotiate a lease on the commercial property of your dreams. We all know the right location can mean the difference between your business thriving or plateauing, so today we begin an 8-part series on how your…
Commercial Lending Expected to Increase in 2014 harkins
At Harkins Commercial Real Estate, we monitor national commercial market trends and how they apply to the Sanford and greater Orlando business communities. Just yesterday, the Mortgage Bankers Association (MBA) released a statement projecting that originations of commercial lending and multifamily mortgages will grow to $300 billion in 2014, a 7 percent increase from…
Commercial Buildings Throughs Harkins Commercial Real Estate harkins
If your business has grown to the point where a small lease just won't do, give us a call at Harkins Commercial Real Estate. We'll help you determine whether owning a commercial building may help you cut long-term expenses and even generate lease revenue with any unused space. If you're considering a move to…
Harkins Commercial and the Real Estate Lease harkins
At Harkins Commercial Real Estate, we love supporting fellow business owners. One of our passions is working with entrepreneurs through stages of growth over the years. And we know it takes expertise to help your business compete, whether your focused on tech sales, a retail storefront, manufacturing, or the food service industry. And because…
Time to Reflect on Your Work Space in 2013 harkins
As you finish out the year and get ready to close up the office for a few days, take a moment to consider how your Sanford commercial real estate space performed for you this year. Is your location helping you grab customers? Are your facilities the right size for your business? Do you have…
Moving TO the area versus moving WITHIN the area harkins
At Harkins Commercial Real Estate, we work with clients from all over the country and throughout Central Florida for their Sanford commercial real estate needs. We emphasize finding the perfect place for your business, and we know there's a big difference in the data you can gather when you're moving TO a new area…
Four Questions for Your Orlando Commercial Real Estate Search harkins
At Harkins Commercial Real Estate, we know that choosing a commercial property in Orlando begins with thinking about your business needs. You'll determine how much customer accessibility you need, traffic, the type of space, and what you can afford. But today we want to share four questions that are sometimes overlooked in the Orlando…
Harkins Commercial Real Estate Helps You Select the Best Location harkins
At Harkins Commercial, we know that choosing Orlando commercial real estate is all about location. Except when location doesn't matter. Let us explain! Choosing a property is always a function of what your business does and how you plan to use the space. In some industries, location really doesn't matter. For customer-driven businesses like…
Land Acquisition & Evaluation harkins
Don't purchase another property without a professional evaluation from an expert. There are many risks & exposures involved with purchasing land or existing properties. Harkins Commercial Real Estate was founded as an extension of the Harkins Development Corporation, which has developed numerous projects over the last 40 years. These projects include office and medical…
Investment Property harkins
Owning an investment property can become a steady source of income and a wealth transfer strategy that may support your family now and for future generations. Even within today's real estate environment with lower average property values, our experience and guidance has helped many investors purchase properties that frequently out-perform stocks, bonds and other…
Property Management harkins
Managing commercial properties can be overwhelming. If you own or have invested in a commercial property, and you take that investment seriously, then you should consider hiring a professional property manager. At Harkins Commercial, Inc, our 40+ years of commercial property management experience, means we will ensure you receive the highest return on your…
Commercial Sales & Leasing harkins
Our extensive background working as commercial property owners and developers, allows us to provide a superior level of service for our clients. Business owners seeking executive office space, retail storefront, medical facilities or industrial and warehouse properties, can depend on Harkins Commercial Real Estate because we specialize in those areas. From just starting your…
Medical Resource Alliance selects Harkins Commercial, Inc. harkins
Harkins Commercial, Inc selected to participate in the newly formed Medical Resource Allaince of Central Florida. Medical Resource Alliance, based in Lake Mary, Florida, is an educationally based resource group, dedicated to serving medical practices regionally in Florida. Medical Resource Alliance’s (MRA) membership is comprised of business professionals who specialize in a variety of…
Perception vs Reality – Commercial Purchase harkins
It’s amazing to see how the media can blow things out of proportion without having the benefit of direct knowledge in an industry. This holds true throughout many facets of business that our media covers; However, the real estate markets have been a huge source of articles for the past few years, and to…
First Quarter 2012- Recent Transactions harkins
The first quarter of 2012 has brought a breath of fresh air to the local commercial markets. Harkins Commercial, Inc. has closed over 1 million in sales volume during the first quarter. A few of our recent transactions include: SkyMed, Inc- 5,000 SF of office space located at Primera Commons in Lake Mary, FL.…
10 steps for creating a winning real estate transaction- Frank Dever harkins
Commercial real estate transactions can be very lucrative but they are complex in nature and can become entangled with lots of problems. So how does the successful investor create a winning transaction and be protected financially and legally at the same time? As with so much in life, the answer is having accurate and…
1.66 billion Wekiva Parkway gets approval! harkins
After years of planning and disputes, the $1.66 billion Wekiva Parkway appears set to break ground this fall after winning approval today from a key regional transportation board. MetroPlan Orlando, which sets policy in Orange, Seminole and Osceola counties, voted overwhelmingly in favor of the parkway, despite misgivings that some other important road projects…
Recent Transactions harkins
Mark Harkins represented Dr. Syed Ali in the recent purchase of 6,703 SF of medical space located at Legacy Village Office Park on lake Underhill Rd. The new location will serve as the expanded office of CardioVascular Solutions. The new office will open January 2012. The total sales price was $908,000 and closed Nov…
More than 100 new homes planned for Seminole County harkins
Two developers want to bring more than 100 new single-family homes to Seminole County in two subdivisions next year — something one economist describes as a first step to recovery in the local market. When the housing market began its downturn in 2008, several planned developments fell by the wayside. But now, developers are…
Wekiva Parkway- Deal Reached harkins
The Orlando expressway authority completed a historic Monday on two fronts by reaching a tentative deal with the state to construct the $1.8 billion Wekiva Parkway and forcing embattled executive director Mike Snyder to quit. The Wekiva agreement, possibly a month or two from being final, could lead to a groundbreaking next fall on…
Leverage: The engine that drives commercial real estate harkins
Most of us, given the bank account and the opportunity, would prefer to own several income producing properties rather than just one. The magic wand that can help make this happen is called leverage. Leverage occurs when the buyer is able to acquire an asset by using his own resources for a portion of…
Commercial Real Estate: Specialist Necessary harkins
If you are considering choosing a real estate advisor, it is a good idea to first consider the differences between residential and commercial investment real estate. Both disciplines require perseverance, drive and market knowledge. Both have their own subsets. However, and most importantly, there are major differences to consider. A friend once asked for…
Commercial Leases Can Be Tricky harkins
There are many first-time tenants in today’s commercial leasing marketplace. A frequently asked question is, “why does Property A have a $15 per square foot rent while Property B is $20?” The answer frequently lies in the treatment of operating expenses in their leases. One of the hidden details in commercial leasing is the…
The American Dream: Choosing your piece of the American (Real Esate) Pie harkins
The Great American Dream has always included real estate. Owning property, and then multiple properties by using leverage, seems to have become ingrained in the American DNA. Think of your old Monopoly game. It’s all about real estate, investments and location. Your wise old Uncle George once told you that the secret of real…
Harkins Commercial, Incorporated opened its doors in 1978. Originally conceived as an in-house real estate service for custom home clients of Harkins Development Corporation, Harkins Realty, Inc has today evolved into a comprehensive commercial real estate firm that offers a full range of business-oriented services.