Ten-X Commercial

Buying a motel for sale might not be at the top of your bucket list in America but maybe it should be. The lodging business has a lot of money and motels comprise a big portion of this by capturing travelers. Owning and running a motel is an art. Motels are up against other unique challenges that other lodging options do not have to contend with. One of these challenges is providing customers with a hospitable stay on a fair budget.     Once you decide to invest in a motel in The United States of America, you shouldn’t let your investment go to waste. You need to learn the ins and outs of owning a motel. You also need to learn how to account for the challenges you face. Do your homework First of all, you need to buy the right business from a real estate platform . No amount of TLC will ever turn a bitter lemon into a cash cow. It is therefore important to ensure that you are investing wisely from the beginning. One way you can investigate the financial viability of y...

  Planning to buy commercial apartment buildings for sale in America? In this post, we will discuss some errors that you can prevent when investing in commercial real estate. Wrong part of the cycle There are four market phases in real estate. Some newbie investors think that real estate is only appreciating and if you buy real estate today, you will always sell it at a profit. This is just a misconception. You need to be very careful when investing in real estate and do it when the conditions are favorable. You can seek some advice from the professionals. Not knowing the property value This can be a huge mistake. So you just saw a commercial property somewhere and decided to buy it since it looks great. You never bothered to ask about the value of the property. You thought that hiring a professional to value it would be a waste of time and money. So you bought the commercial property from a real estate platform  without even negotiating. This is a huge mistake that can s...

  Whether you are planning to buy multifamily for sale or you are an aspiring property manager in The United States of America, you want to be successful in your endeavors. However, experienced managers prefer to invest in multifamily properties rather than investing in single-family properties. This is because doing so allows you to focus your efforts on a single location instead of traveling to separate properties. If you are considering getting into the management of multifamily property, here are a few things you need to do to improve the chances of your success. Assessing properties for acquisition If you want to invest in multifamily property management then you should be able to find the right property to manage. This means that you need to carefully assess a property before you add it to your portfolio. But simply getting to know the property is not really enough for it to qualify as a worthwhile investment. It is crucial to assess the market it is in. if you check the...