Can commercial agents like myself sell residential real estate?
New York, NY
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What do I consider a risky versus a safe investment? How can a risky investment be identified?
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So you’re a commercial investor, and you’re looking to reduce your risk in every single transaction.
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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.
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So I was asked, “how do real estate agents get paid?”
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I would recommend a few things before you decide to jump into any investment with people called “friends” and/or “family.”
New York, NY
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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.
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What type of documentation are you going to have to be prepared with to get a commercial loan?
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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?
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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.
New York, NY
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