Urbanism Group

Common Mistakes of First-Time CRE Investors

2012-02-20T14:21:39Z

As an investor you want to be ahead of the pack in purchasing South Florida commercial real estate, and as there are some excellent commercial real estate deals to be made, you still have to be aware of common mistakes to avoid including:

Due Diligence a Must

It is critical that you examine all aspects of the commercial real estate deal before you even consider closing. Be aware of all of factors which can turn this “too good to be true deal” into a bad commercial real estate investment.

Never Over-Extend In Borrowing

Your South Florida commercial real estate investment may seem too inviting to ignore, but if it means you are borrowing more than your capital, renegotiate for lower terms. It is never financially prudent to borrow above your ability to realistically pay off the debt. That tremendous deal can send you to the financial poor house.

Know Area Market Conditions

Never walk into a commercial real estate deal without having a total grasp of the local real estate market conditions. Be aware of the nature of the property’s ability to turn you a profit, and how long you can hold onto a great property in a bad market climate.

To discuss opportunities for investing in South Florida commercial real estate visit our website www.miamiofficeleases.com.

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Share Our Posts on South Florida CRE

2012-02-13T15:09:03Z

Have you ever come across one of our posts and thought it would be a good read for a friend, family member or colleague that is considering investing in the South Floridacommercial real estate market? If so you should share our posts with them!

There are two easy ways to share our posts. The first is through the Facebook and Twitter buttons located at the top of the post just below the title. If you are already logged into either simply click their respective buttons, then click Tweet or Send. If you aren’t logged in you have to do so before you will be able to send it.

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Important CRE Tips for Foreign Investors

2012-02-09T16:02:51Z

Have you been hearing news that now is the best time for foreign investors to enter the South Florida commercial real estate market? The reason being is because the majority of prices are flat or declining, and foreign currencies are worth more than the U.S. dollar. While the investment is attractive they are some important factors that need to be considered in order to avoid costly mistakes.

Heed these tips if you are a foreign buyer looking to invest in South Florida commercial real estate:

Before viewing properties structure the purchase because of estate tax and other issues. The corporate entity that the property’s name will be under should be set up before choosing a building or office space.

When it comes to financing be sure to comply with currency rules in your home country and know cash transactions must be times and deadlines for escrow funds and closing cannot be moved.

Be sure to have the correct visa for the amount of time you plan to spend in the states. The best visas require a direct investment in an American company in the United States or establishment of a local subsidiary of a foreign company.

If you are a foreign buyer interested in investing in commercial real estate in South Florida contact Urbanism Group at 888-774-9626.

Source: Miami Herald