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CRE Terms You Need To Know — Cash on Cash Return

In an attempt to give more ongoing foundational information to prospective buyers and tenants, we’re going to continue on with a series of posts defining core terms in commercial real estate. Our “CRE Terms You Need to Know,” officially kicks off here. There are a multitude of metrics that commercial real estate investors use to …

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How to market a challenging property

Step one — don’t despair.  We know it can feel like the cards are stacked against you, but even in today’s volatile marketplace, selling a challenging property is possible. It just might take some time, elbow grease, and smart marketing. Here are five things to consider when you’re trying to market a challenging property. Challenge …

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3 Rules + 2 Tips For First-Time Investors

Investing in commercial real estate is a great strategy to earn some extra income. But the road from first-time investor to CRE guru has some twists and turns. If you’re thinking about taking the plunge on your first investment property, here are 5 things to consider.  Have a long-term plan Getting started with your first …

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The pitfalls of managing your own commercial real estate deals

We get it. Google makes us feel like we can do anything. And with the widespread availability of commercial listing sites, it feels simple and easy to browse around for potential commercial property, or sell your property on your own. While there’s nothing more satisfying than a self-taught success story, DIY-ing certain parts of the …

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Winter is coming. Are you prepared?

Winters in Michigan can be harsh, and if properties aren’t properly winterized, water damage from frozen or burst pipes can cost you tens of thousands of dollars.  “We encourage all of our property owners to start the winterization process sooner rather than later,” says Eric Chagnon, Business Operations Manager at NAI Mid-Michigan. “All it takes …

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A Crash Course in Commercial Real Estate Listings

In today’s hyper-competitive real estate market, finding quality commercial real estate listings can be a challenge. While there are many digital tools available, it’s not as easy as a simple Google search. You want to make sure you’re getting the best insight into the properties available in your market. And we know you don’t have …

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