The game has changed. If you haven’t been paying attention, you’re probably wondering why you’re taking losses when real estate is always supposed to go up. Do you still think you can handle a property investment on your own? In this current economic climate you can use all the help you can get. The simple decision of “Buy Low, Sell High” isn’t so simple anymore. Recent history has taught us that. It’s likely that property values will go up, but it’s no longer guaranteed. We offer the commercial property management Seattle investors can count on.
Of course, owning commercial real estate is more than just buying and selling. You need to actually manage it once you pass papers on it. Where will you get your tenants from? How much are you going to charge? Are there improvements that need to be made or expansions that you need funding for? Are there any coding changes on the horizon that you need to be aware of? Not complying with local ordinances and building codes could end up costing you thousands extra. A management company can help you avoid that.
Here at The Foundation Group we handle all aspects of commercial property management, from finding the investment property listings Seattle is filled with to handling the rentals and leases that you need to make a real estate investment successful. We also offer a wealth of information to help our clients save and make money. Experience counts in real estate management and we have decades of it to offer those who come to us for assistance. We can take an active part in buying or selling your investment property or we can work with you in an advisory capacity.
What are your goals? Do you want to purchase a property for a quick profit in a few years or buy something to hold onto and build equity? Most investors have a plan, but they tend to look at things one dimensionally. We encourage you to be fluid in your thought process. It’s almost mandatory in this day and age. If you are too attached to one specific outcome, you’ll end up taking a loss. Ask us about all of your options and let us explain how you can make a profit instead. That’s what we’re good at.
About the Author
Bruce A. Kahn, CCIM, CPM is a Managing Director of The Foundation Group Investment Real Estate Solutions, a full-service property management and brokerage company. He has earned the designation of CCIM (Certified Commercial Investment Member) issued by the CCIM Institute, and is a CPM (Certified Property Manager) with the IREM (Institute of Real Estate Management). For further information or for a property analysis, please contact him at 206-324-9424 or by email.