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How to be Successful in Investing in Commercial Real Estate

Commercial real estate is an industry that holds true to the saying “with great risk comes great reward.” Now, it is true that commercial real estate can obtain a quicker, higher return on your capital; yet, it can be tricky to navigate. Here are some things to keep in mind when investing in commercial real estate….

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Why We Still Use Checkbooks to Pay the Rent

Written by: Patrick Clark In 2007, Arlington (Va.)-based property management company AvalonBay Communities made a seemingly obvious decision. The company stopped accepting rent at its apartment buildings, and started making tenants send payments to a centralized office. Renters could put checks in the mail or use a new online system to transfer payments from one…

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Spring Cleanup: Indoor and Outdoor Musts for Property Managers

Spring is almost here and now is the time for property managers to do some routine maintenance before the spring showers hit and then the stifling summer heat comes. Here are some indoor and outdoor musts to keep your property up-to-date. Inspect HVAC Systems – Inspect and clean the system’s filters and coils to make…

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Tips and Tricks for Marketing and Leasing Apartments Easily

As the snow starts to melt away and the days are getting just a little warmer, that means that apartment leasing season is about to hit. So, when competing with a lot of apartment complexes, how do you get yours to stand out, especially if it is not the newest built complex with all the…

Commercial Real Estate Lingo – 10 Terms You Need to Know
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Commercial Real Estate Lingo – 10 Terms You Need to Know

Every career field has its own lingo and sometimes we come into a field that has a lot of jargon. Commercial real estate is one of those fields and if you don’t have a background in it, the feeling of understanding what’s going on can become overwhelming. After being at my job for over 6…

Upgrading Apartments Without Upsetting the Bank
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Upgrading Apartments Without Upsetting the Bank

With an estimated 300,000 new apartment units being built every year, older apartment complexes can be a turn off to renters, especially if they are outdated. New apartment complexes are being built with all the bells and whistles to attract millennials who tend to have high expectations of living arrangements. So, while these Class A…

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What to Expect in Commercial Real Estate for 2015

2014 was the year for commercial real estate growth. Multifamily sector soared to new records, industrial demand outpaced supply, and retail transaction price were up significantly in various regions of the United States. So, while there may not be a magical crystal ball that can tell us how commercial real estate will fair in 2015,…