So you’re a commercial investor, and you’re looking to reduce your risk in every single transaction.
I wanted to take a moment to introduce myself, I’m Cynthia Peacock. I’m the founder and owner of Virtuoso Realty Group. We are a New York City-based commercial real estate group that focuses on helping owners acquire and/or transact on Commercial Real Estate and helping tenants identify solutions for their commercial real estate needs.
When is the right time to sell your commercial property? Commercial real estate, as you know if you’re an investor and you’re a long-term buyer and/or seller, you know this market goes up and down and has cycles.
What type of documentation are you going to have to be prepared with to get a commercial loan?
So we talk a lot about when is a good time to buy commercial real estate, but what about the other side of that? When is a good time to quit the business and move forward?
Are you looking to buy a multi-family asset in the next three years? All these different things are going to play into your experience as an owner. If you’re not comfortable taking those risks, take a step back and reconsider investing in real estate.
What are the three top questions I get asked by investors every single day?
So timing is everything. You want to make sure that you are able to maximize on your ROI in that transaction so taking the right time, doing the right steps to get into commercial property investment are going to be critical for you to succeed.
Whether you are a property owner looking to augment your portfolio or if you’re a tenant looking for a retail space, we’re the people you should call. We try to be on top of things, know where the new things are coming up in the city, and stay ahead of the curve, so that you are always maximizing on your return.
You know one thing that’ll make you a better agent? Listening. Listening to what is happening in your business and in your community on a day-to-day basis.
I thought I’d talk a little bit about building relationships.
Build relationships in your community on a day-to-day basis and you’ll never have to pray for business, you’ll never have to ask for a business because it comes naturally.