Idaho Commercial Property Sales Package

State:
Idaho
Control #:
ID-P021-PKG
Format:
Word; 
Rich Text
Instant download

Description

With this Commercial Property Sales Package, you will find many of the forms that are part of closing a commercial real estate transaction.


Included in your package are the following forms:



1. A Contract for the Sale and Purchase of a Commercial Lot or Land without a Broker;

2. A Option for the Sale and Purchase of a Commercial Building;

3. A Option for the Sale and Purchase of a Commercial Lot or Land;

4. An Addendum for Environmental Assessment of Threatened or Endangered Species or Wetlands;

5. An Addendum for Continued Marketing of Property by Seller due to Contingencies;

6. An Exchange Addendum to Contract for Tax Free Exchange under Section 1031;

7. A Tax Free Exchange Agreement pursuant to Section 1031; and

8. A Fixed Rate Promissory Note Secured by Commercial Real Estate.


Purchase this package and save up to 30% over purchasing the forms separately!

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FAQ

Educate Yourself. Choose A Property Type. Your Investment Strategy. You Need To Know The Math Inside And Out. Take a CCIM course and work for your designation. Find A Broker That Specializes In Your Chosen Property Type. Find A Commercial Real Estate Attorney.

If you want to know what homes are on the market in any given city at any given time, hopping on Zillow can give you a good idea of what's out there. There really isn't an equivalent commercial platform. One site that includes a lot of commercial property listings is loopnet.com.

Most commercial real estate will appreciate over time provided the property is maintained and the surrounding area does not decline. In proformas most people assume an annual appreciation rate of 2-3%.

Learn how to recognize value. One important lesson every investor should learn early on in their career is that not all commercial properties are created equal. Look for motivated sellers. Get Online.

Income potential.Commercial properties typically have an annual return off the purchase price between 6% and 12%, depending on the area, current economy, and external factors (such as a pandemic). That's a much higher range than ordinarily exists for single family home properties (1% to 4% at best).

The top commercial real estate apps LoopNet Commercial Real Estate Search If you're looking for a commercial property to buy or lease, LoopNet offers a Commercial Real Estate Search App that is available on Android and iOS devices.

LoopNet. LoopNet is one of the most recognized CRE search engines and offers a number of different types of commercial property including office, multifamily, industrial, retail, land, agricultural, hotel & motel, and residential income properties.

Properties that are capable of bringing in the highest return on investments are typically those with the highest number of tenants. These properties include RV parks, apartment complexes, student housing, office buildings, and storage facilities.

There is a lot of money to be made in commercial real estate. In many positions in our industry, people can earn from $80,000 to almost $250,000 between salary and bonuses. That's certainly a lot of money.

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Idaho Commercial Property Sales Package