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#333815 - 04/04/10 02:15 AM Striking out on my own
babmukja Offline
Member

Registered: 09/24/07
Posts: 105
Loc: california, U.S.
Happy Easter, everyone. I've been planning to run a business at home on the side. I'm going to be specialized in leasing and sales. I got my borker's license and been in commercial real estate for more than 2 years. Can anyone give me some advise on what i need to open a real estate business at home and is it good idea to parner up with some?

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#333824 - 04/04/10 10:16 AM Re: Striking out on my own [Re: babmukja]
super realtor Online   content
Major Contributor

Registered: 05/01/05
Posts: 8478
Loc: georgia
I have a home office. Look for and market to income producing properties. Multi-families and and anything to do with Medical moving forward is very hot for years to come.

Anything that is having cash flow problems look for cash buyers doing value add plays. The pension players and hedge funds will want stability and rented out properties with no to little problems before buying. In the smaller range you individual investors and small corps. Look in your tax records in each county for investors or corps that own multiple properties that you can market to. I mail out once a month.

This should get you going. Remember small cost marketing equals big results.

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#333986 - 04/06/10 06:23 PM Re: Striking out on my own [Re: super realtor]
StarkRealEstate Offline
Member

Registered: 01/04/08
Posts: 65
Loc: Nevada, USA, Reno
For Commercial Real Estate in Northern Nevada, the current opportunity is to find distressed properties and get control through the bank.

You can get listings by contacting investors with cash assets and informing them of properties being auctioned for below 60% of market that can buy them on the courthouse steps. There are a lot of upside down owners right now.

I have seen more movement in the Reno, Nevada area from within. So if you have listings, contact companies that may be looking to up or downsize. This comes down to cold-calling!
_________________________
Earl Peterson
Stark & Associates
Commercial Real Estate
Office, Industrial,
Retail & Investment Properties
Reno, Sparks & Northern Nevada
www.starktcn.com

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#334015 - 04/07/10 01:08 AM Re: Striking out on my own [Re: super realtor]
babmukja Offline
Member

Registered: 09/24/07
Posts: 105
Loc: california, U.S.
Thanks Super Realtor.

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