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Location: Yreka, CA
Website: http://www.directopia.us/detail/4285/we-buy-homes-michigan.html

If you are new to commercial real estate investing, you should investigate any tax benefits that you could be eligible for. Not only are there interest deductions, but also depreciation benefits to be aware of. Investors often get 'phantom income' this is income that does not have tax attached. You have to keep all of this in mind before you start to invest in real estate.

Determine the negotiation methods of real estate brokers you are considering. You can ask them how much experience and training they actually have. Make sure they are knowledgeable about finding good deals and that they are ethical in all their business dealings. Ask to see the broker's portfolio. He should be able to provide you examples of successful negotiations. Also ask the broker to give you an example of an unsuccessful negotiation and explain what he learned from the experience.

Don't ignore the environment that a property you're considering is in. You are ultimately responsible for disposing of environmental waste from your building. Perhaps you are looking at property located in a flood plain. You may want to reconsider your choice. Call some agencies that assess the enviornment and find out what is up with the area your property is in.

This is important because you want to ensure that the terms line up with the pro forma and the rent roll. Without analyzing the key terms, you run the risk of finding a term that wasn't considered within the rent roll, and this could cause changes to the pro forma.

Properties, like people, have finite life spans. It's important to be aware of this. If you think the property will last forever, you won't include repair expenses in your plans and might end up losing a lot of money because of your lack of preparation. Updates, such as a new roof or fresh coat of paint, might be necessary. All buildings eventually need maintenance to maintain the quality of your investment. Estimate the cost of repairs over the years, and plan for them.

Establish an online presence prior to entering the market. Creating a LinkedIn profile is one good way to accomplish this; another approach would be to develop your own professional website. You should also utilize search engine optimization techniques to boost the search rank of your website. This will help people find your site more easily.

-- Waymark Homes

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