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Showing posts from October, 2022

Can You Make Good Money From A Shopping Center?

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If you find a shopping center for sale then you need to do research before putting in an offer. Of course you can make money out of a shopping center if you make a smart and strategic buy, and you can make excellent money if you are really smart. Buying an entire shopping center is a big deal. A shopping center needs tenants and shops to make it work and it needs the right kind of tenants and shops. And then, it also and obviously needs customers. This means a shopping center needs to be well positioned, there should be good parking for customers, there should be easy access for walkers and walk by custom, there should be anchor tenants, there should be something appealing for kids, women and men, and there should be safety. That is a lot to think about when you buy a shopping center and so a purchase needs to be done carefully and strategically. Strategic property purchases You want to use a commercial property buy sell app so that you get notified about the really good deals, about a...

Would You Recommend Buying A Motel?

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As somebody who works in the motel business, motels for sale always interest me. I have been buying and selling motels for decades and I have certainly learned a lot in the last thirty years. People always ask me for advice and want to know if the motel business is a good one to get into. Well, you do sometimes need to have nerves of steel, especially considering the pandemic years and the unexpectedness of everything, but the absolute answer is always, yes. The motel business is an interesting one, it does require skill, thought and consideration, and always, due diligence. As I am experienced in the motel industry I feel that I know immediately if something is a good deal or not, but I would not advise you to go on your gut feel, especially if this is new to you. Do the necessary research before making a purchase. What to look for in a motel Use a commercial property buy sell app and narrow down the motels that appeal to you. Actually, you might want to look at the motels that also d...