House-Flipping in Calgary Commercial Real Estate

Sources define “house-flipping” as simply purchasing a house not for keeps but for profit. House-flipping may also be associated with development investing. Home improvement projects are done to make run-down houses look more appealing. After improving the properties, they can be sold at higher market prices.

What makes house-flipping ideal in Calgary commercial real estate is the consistent state of the market. For the past years, Calgary has been a prime investment center. Especially for luxury properties, real estate demands are greater than the supply. With the cost of living and neighbourhood qualities being esteemed in the area, Calgary is a place where investors and homeowners can thrive.

There are a lot of factors to consider once you decide on the market to invest on. Neighbourhoods should be studied so as to find where quick turnaround is most likely. Next, the type of property to flip should be determined. Is an upscale, single detached home an in-demand commodity? Would a condo be easier to finance and sell? After that, finances should be settled, and last would come the hands-on canvass and plans for properties.

REALTORs® can be hired to aid those who are just starting and those who need extra guidance in a house-flipping investment. These professionals, who belong in national real estate boards are up-to-date with trends and standards in the Calgary real estate market. They can provide valuable advice such as leads on investment properties and due timing for investments.

First Time Homebuyer Readiness Checklist

Are you ready to buy your first house? You should know the process involved in buying residential real estate can be quite complex and tasking. Seemingly easy decisions could, in fact, make or break your purchase. Before taking the plunge, you should first evaluate your readiness for the long road of home purchase.

Calgary: A Rising Star in Urban Real Estate

One of the many things that can make a city prosperous is its rate of urban development; it could rake in major commercial real estate investors and residential buyers alike. If you are one of these people, you might find it great news to know that Calgary has been ranked as having one of the most number of high-rise and skyscraper projects in North America today.

Tips on Buying Commercial Property

The decision to purchase commercial property in Calgary must be carefully considered. Here are some tips that can help you land a commercial real estate perfect for your needs.

A Brief Look on Commercial Real Estate in Calgary

Of all the provinces in Canada, Alberta seems to be highly-prized by most real estate investors, either domestic or foreign. One of its cities, Calgary, is even expected by some real estate experts to have an increase in sales for commercial real estate in 2014;

from 3.3 percent last year to 3.4 percent.

Values for commercial real estate in Calgary remain strong as the urban economy maintains its steady advance over the last ten years. Investors continue to establish head offices in the city given its diverse workforce that prizes risk-taking and enterprise. 
 

Calgary commercial real estate listings for various industries also continue to be sought even as property values increase.

For as long as the city sustains its highly integrated transportation and communications systems, Calgary will remain inviting to investors, as well as most Canadians seeking employment and social opportunities.

The boom in commercial real estate and high business start-up rate, however, should give city officials a pause. The tax gap between Calgary proper and the Calgary region can get too wide, and if not reasonably supported, businesses just might take off for more feasible places. Public officials can stand to improve in this area, fairly responding to issues around equitable property and business taxes.

Making the Play for New Agricultural Land

Farming is one of Canada’s main economic assets. The wilds of the Canadian Shield and even the Prairies already host fertile tracts of land. If you are looking to invest in the Great White North’s agriculture and farming industry, you will be in luck considering government efforts to lower operating costs. How do you make the first move, even with a business plan in place?

You can start by approaching a reputable real-estate agent who knows the market well and is versed in farming and property laws. They can set you up with a number of viable farm property listings around your chosen area. All that remains is to research on all listings and weed out the one property that fits the thrust of your business. The research can uncover some factors that will affect the business’ long-term goals. For instance, you and your realtor must discover that there are no pending disputes with the property or any development plans already eyed for it, such as a road cutting through the area.

Your Realtor may help you hire a surveyor to analyze the area and further determine its viability. Have the property appraised and negotiate with the seller at the same time, then secure financing from institutions skilled at land purchases.

Investing in a new farm can be a way to a quieter life. Learning which properties are right for you is a step in the right direction.

Provisions of a Commercial Real Estate Contract

A recent real estate article lauds Calgary as one of four cities in Canada that have fueled the country's booming residential and commercial real estate market for October 2013. The future remains uncertain although it can't be denied that plenty of opportunities for real estate buyers and sellers in the country still exist. In any case, anybody who wishes to buy commercial real estate in Calgary should know about the provisions of a typical real estate contract before signing.

First, buyers must take note of the deposit, which involves making an early payment as principal with the help of a solicitor or broker. The deposit must be refundable to protect the buyer’s interest of the buyer. Title investigation comes next, and this requires the buyer to inspect the property until he or she satisfied with its structural and aesthetic aspects. Forgoing this provision means that the buyer is willing to buy the property as is and frees the seller of any responsibility. On the other hand, the seller is also obliged to provide the buyer with a survey of the property.

Finally, a real estate contract should always list down every item found in the property for sale, especially all of the fixtures (objects that are “part of the land”), and chattels (objects considered “personal property”) found in the property. This step can prevent legal complications in the future (for example, buying a plot of land that contains actually public property) for both the buyer and seller.

Why Invest in Commercial Real Estate

Investing in commercial real estate can provide long-term rewards. Not only does the market continue to thrive, it also generates high income and returns. If you invest in a commercial property, you can benefit from business or capital gains and long-term leases. Unlimited income is also possible if you have a sound business plan.

Compared to residential real estate, there's less competition when it comes to commercial properties. In fact, being overlooked can be advantageous in the long run, most especially if the property is in a promising location.

The value of commercial properties is also dependent on how the revenue is being generated at its location. Even just a small increase in revenue for your commercial investment can already raise the property's value significantly. Investing in commercial property becomes more advantageous especially if the economy is stable or growing.

Closing commercial real estate deals is also easy and less time-consuming thanks to the wide range of financing options available. Apart from the many programs that cater to finance commercial properties, lenders also consider the potential of the property to increase in value before approving a loan. So this is not just about your finances, it's also about guaranteeing that your investment will indeed succeed.