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Posts Tagged ‘Property Guide’

Selling Property on Facebook

Thursday, July 29th, 2010

Selling your land or property online can be made easy with the use of social networking websites such as Facebook.com and MySpace.com. These are websites where users can create profiles with information about themselves or the reason they have created the profile for. Once a user has signed up with Facebook or MySpace.com, they can then invite friends as well as other users they may not know to visit their profile and receive any updates that may occur to the profile. Further, on this profile, you can post a link to your webpage listing your properties. You can as well join groups within Facebook or MySpace and post something which may pertain to your property listing or any real estate information directed to the entire group that will then be mailed directly to each group members’ inbox. This is a fast, effective and efficient way of getting out your information.

When using websites like Facebook.com, you can mass-invite contacts to join you on Facebook which would give them the ability to look at your profile and read through the information or visit the links you have pertaining to your property listings. Using this method of communication ensures that your information is actually directly getting to the contact you are trying to reach and will not just be another piece of spam mail. Through this, the user can be assured that they are receiving mails from a trusted source. You can use Facebook to invite everyone in your contact lists from your email accounts or any buyers lists you may have set up. There is also a feature you can set up that grabs users e-mail addresses the moment they look at your page, this can help build contact lists for future use.

If you don’t find a group on Facebook that suits your needs, you can create a new group and invite your friends to join. Through the use of social network groups, you are able to share information and post links to your website with a list of your properties for sale. In essence, the use of social networking websites such as MySpace.com or Facebook.com is a fun, easy and innovative way of enhancing your online presence which is a sure way of reaching out to a large number of people. By increasing your reach to many people, you are hence maximizing your potential to sell more properties.

A Guide to Buying Commercial Property

Wednesday, June 23rd, 2010

Investments are really very difficult to cough on something very expensive, when you can’t really see the outcome at this point of time. Buying commercial property becomes even trickier. Whenever you are buying a commercial property, you have different assumptions in mind. There are different indicators which contribute to the development of a commercial real estate. First of all you should determine the level of investment which you can make. Payment is also made through two ways. Either you pay the entire amount for the property lump sum or you just get it mortgaged. This depends on the pattern of cash flows you have and the priorities you have for the future. If the interest rates prevailing in the market at this time are higher, then it is better to pay in case.

On the other hand if the interest rates are low then going for payment of cash is not good. It is then better to pay through mortgage. If you are already running a business then it is better to use the mortgage option. This will help you in two ways. Number one benefit is that you will be able to charge it against depreciation and that would in an indirect impact result into reduced income, thus reducing the income tax you have to pay. Second effect is that you would also add the interest expense on the mortgage that you have to pay. By applying the mortgage you can now further reduce your income resulting into again reduced income. This double impact would help you save a lot of tax for your business. Buying a property on mortgage is not advisable in certain situations. You must not buy a property through mortgage if the cash flows from your business or other earning sources are uncertain. Apart from your financing constraints the other primary concern is of the future earning ability. By the development of the area you can easily determine where the area will stand in the next 5 to 10 years. It is better to invest in a commercial real estate with an assumption of return in 5 to 10 years. If you are risking your money for longer then that, this would stretch the risk level too high.

You also have to calculate the way in which you would use the building. There are many uses of the building. It all depends on the way you want to use it. You can either rent it out for residential purposes till the time comes that it has commercial value as well. This will also help you recover some of the investment to maintain the property and also to pay back the installments if you have gone for the mortgage option. Simply follow these steps and do take opinions of other trust friends in real estate as well and you are sure to taste huge success.