Commercial Real Estate (by Steve [OH]) Oct 5, 2022 5:15 PM|
Commercial Real Estate (by Ray-N-Pa [PA]) Oct 5, 2022 5:26 PM
Commercial Real Estate (by Robert J [CA]) Oct 5, 2022 10:14 PM
Commercial Real Estate (by Steve [OH]) Oct 6, 2022 7:40 AM
Commercial Real Estate (by Ray-N-Pa [PA]) Oct 7, 2022 6:57 AM
Commercial Real Estate (by Steve [OH]) Posted on: Oct 5, 2022 5:15 PM
Anybody got a feel for who's buying and selling? That used to
be a tough game to get into but now it seems like a lot of companies need to downsize. Lots of "for rent" and "for sale" signs. There's a title company in town that specializes in commercial and I would love to take a peek at their closings but I don't know how. Any ideas?
Thank you..!! --74.129.xxx.xxx
Commercial Real Estate (by Ray-N-Pa [PA]) Posted on: Oct 5, 2022 5:26 PM
I am not sure what part of Ohio you are in but there are about 4 dozen brokers that have earned the designation as CCIM. To find them you can use the CCIM dot com
CCIM stands for Certified Commercial Investment Member These folks are the experts on commercial real estate trends --24.101.xxx.xxx
Commercial Real Estate (by Robert J [CA]) Posted on: Oct 5, 2022 10:14 PM
Here in the Los Angeles area, residential landlords of apartments are dumping them and moving into commercial properties.
Commercial Real Estate (by Steve [OH]) Posted on: Oct 6, 2022 7:40 AM
What do you think they plan on doing with those commercial properties? Here in Columbus, many small businesses are biting the bullet. Also, there are many apartments being built and
telemarking campaigns to purchase residential homes. --74.129.xxx.xxx
Commercial Real Estate (by Ray-N-Pa [PA]) Posted on: Oct 7, 2022 6:57 AM
I don't have anything in that area. Was down there this year to see your Corn Hedge monument.
I view Columbus as the growing city compared to the older other cities to the north and south. Honestly Ohio is sorta a slice of America. North is industrialized, South is more rural. More Hussle and bustle north, a bit slower to the south,,,,,and they meet in the middle where things are suppose to get done - like DC.
The environment overall across the US is tough on business. Things are getting built in Columbus. So folks view this place as one with opportunities. I find though that opportunities can be found even in a market that is in decline. I find it easier when a market is either mature or in decline. The price tags are easier to shallow, but in a more expensive location (which the heartland isn't), you can still complete deals - you just need to partner up more.
What about small commercial buildings? Well there is opportunity there if you can see a use for them and market that use successfully. I do own two store fronts in mixed use buildings. These tend to be real cheap to acquire so they are easier to make money on --24.101.xxx.xxx