There are a number of ways to enhance an investor commercial real estate to the value of his real estate and commercial real estate financing more profitable.

Rents rise
• Increase in market rents down when leases expire: Market Review, to determine the average rent if you are below the average for your type of property to increase the rent accordingly. Increase the rent over time for current tenants, however, if the rental vacancy rate increased to the new fee. You can rent by going online to check for “rents” search or by contacting a local property manager or leasing company in the region.

• Development of existing tenants in larger rooms

• To improve the solvency of the tenant during the filling of vacant space (the capitalization increases) for the vacant positions of marketing for regional or national tenants

Decrease in operating expenses
• Compare your costs to the market, based review of all your expenses and analyze it carefully, and the unit cost per square meter, such as industry standards. Compare any issue with your other properties. Talk to your landlord or an experienced local property manager to compare with other properties in the region. If some of your costs are higher than the standards, you know you need to find ways to reduce them to explore.

• Competitive presentation of all of your contracts, including insurance.

• converting gross leases triple net lease

Improvements to property
For office buildings, shopping centers and industrial buildings, cosmetic improvements can make a big difference and can help you, the amount of rent you charge. Give the outside a facelift to improve in the lobby or the newly paved parking lot to improve the property.

In the case of multi-family homes, you have to determine more miles into the interior, installing new appliances, landscaping or a face-lift.

Add amenities or explore the income-producing ideas

Amenities that you can add:
• Concierge Service
• Fitness Center
• Meeting Room
• a business center with fax and copier
• a coffee bar

Income-generating ideas:
• Rent from your roof for mobile phone masts
• Adding a laundry machine and parts of a complex of apartments
• the position of your common areas for exhibitions, car shows and rides for children.

Property Taxes
Get a property assessment and appeal of the assessed amount, if the rating is lower. Hold a real estate attorney who specializes in tax appeals, to help you or hire one of the companies, because of the savings they will get paid for you based on the call.

Change management or leasing
Sometimes it takes only about your property with a new set of eyes to look. Various energy-or philosophy can give the value of your property. New managers or leasing agents may be able to give you ideas to increase income taxes, reduce costs and give your home a fresh look, fresh feel.

Zoning change or
Redevelopment of a property can significantly change the value of the property. Examples are:
• Changing a commercial space in retail use
• renovation of a hotel apartments
• Adaptation of office space to medical office space

If tenants pay the additional costs
If you pay for electricity, gas and / or water use in office buildings or residential complexes to investigate, or to measure separately, sub-metering of utilities and pass on costs to tenants. If you have a boiler, you can create a baseboard heating unit for each tenant can control their heat and pay for it.

Divide your property
If you own land, can by breaking it down into small pieces, you get more hectares or square meters. We might also put in roads, utilities, or add property law, which can significantly increase the value of the property.

Negotiate existing leases
If you sell the property or borrow money to try on the property, it is better to have long-term leases. A five-year lease with rent increases of ten or more worth investors and lenders lease a year. To renegotiate or extend leases for existing tenants in order to maximize the value of your property.

David Morgan is a commercial real estate consultant and author who specializes in the sale of capital goods.

Article Source: http://EzineArticles.com /6639304

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