#realestateinvesting

I Get Better Deals When They Are Off-Market

Jan 31, 2019
2 min

I Get Better Deals When They Are Off-Market

That's the #1 comment from a buyer that justifies why you should market your commercial real estate investment to the open market when the time comes. Buyers enjoy not competing for their next acquisition. Regardless if you use a broker or not, expose your property to the public so you truly know you got the best possible offer. Unsolicited offers can be strong and very tempting but how do you know that's the best offer available? Accepting an offer based on sale comps helps

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Word of Caution for Relying on Purchased Research Market Data

Jake Ammon

Dec 17, 2018
3 min

Word of Caution for Relying on Purchased Research Market Data

A word of caution for commercial investors and brokers: Do not rely entirely on any one paid research platform for market information. We discovered a 30% gap of sales transactions from one of our top paid sources of information during a recent market data review. As a broker, I build my database of transaction and property information from multiple paid sources, public records, information directly from buyers and sellers, and multiple other sources to have an accurate pulse

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5 Common Objections to an Exclusive Listing Agreement

Jake Ammon

Nov 15, 2018
5 min

5 Common Objections to an Exclusive Listing Agreement

As a commercial real estate broker, I enjoy speaking with owners about their investments. One of the topics that arises frequently is the story behind the purchase of their asset. Surprisingly, here in Jacksonville many apartment owners did not buy their property from a public listing. I have found that those owners came across their property through a contact or directly to the owner and acquired it “off market”. As a proponent of competitively marketing properties, I wonde

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3 Online Tools to Grow and Manage your CRE Portfolio

Jake Ammon

Oct 3, 2018
4 min

3 Online Tools to Grow and Manage your CRE Portfolio

Managing your real estate portfolio entails time, orderliness, social competency, and keenness to details especially for different investment properties such as rental properties, apartments, land lease and even Real Estate Investment Trusts, among others. Fortunately today, people can effectively manage their real estate portfolio without hiring the services of portfolio management professionals. Here are 3 online tools that you can use to manage your property portfolio as

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Jake Ammon

May 21, 2018
1 min

CRE Investor Tip of the Week | DSTs

Owning and managing commercial real estate investments is a tough business. Fortunately the hard work and sweat equity can really off with investments that enable us to be financially free of a standard job and meaningless work. But what if you are ready to transition into a new chapter in your investing career to be able to take extended vacations or be there for more family events? 2 common hurdle preventing owners from transitioning into that next chapter are: Unable to lo

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CRE Investing Tip of the Week | Monetize Parking

Jake Ammon

Apr 27, 2018
1 min

CRE Investing Tip of the Week | Monetize Parking

Monetizing parking spaces is a great avenue for increasing revenue from your asset. The best fit from what we've seen is for multifamily properties but has potential for warehouse and office parking as well. I was recently introduced to a vendor who provides the app and support software for a near turn-key solution. Once implemented, residents manage their parking spaces and payments through the secure app. Property management validates the activity and controls pricing throu

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How the New Tax Reform Act Helps Multifamily

Jake Ammon

Feb 22, 2018
2 min

How the New Tax Reform Act Helps Multifamily

A few highlights of the recent changes to taxation that affect multifamily investors: Capital Gains Rate - No Change (Currently 20%) Step-Up in Basis - No Change - Did not modify this rule Operating Expenses - No Change - still deductible against the income Pass-Through Tax Entities - Corporate Tax rate reduced to 21% from 35% Carried Interest - CHANGE - Hold period now 3 years rather than 1 year The 1031 Exchange - Eliminated exchange for Personal Property - No Change for Re

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CRE Investment Tip of the Week | Measurement

Jake Ammon

Dec 20, 2017
1 min

CRE Investment Tip of the Week | Measurement

"If You Can't Measure It, You Can't Improve It." ~Management thinker Peter Drucker Quantify every area of your investment at some point in time to get ahead of the curve. Random suggestions would lease benefits for each tenant, the hours you or your team worked, opportunity costs, and cost of keeping great employees. Jake Ammon is a Vice President with Addison Commercial Real Estate in Jacksonville, FL. He specializes in commercial investment properties. Contact him at jake@a

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CRE Investment Tip of the Week | Expand Expense Categories

Jake Ammon

Dec 5, 2017
1 min

CRE Investment Tip of the Week | Expand Expense Categories

Are expenses getting out of control for your investment property? Can you figure out where it's coming from? If not, have your property management firm breakout expenses into more detailed categories on the monthly or annual basis to be able to see the actual trends over time. The expenses tell a story so it's up to you to be able to read what story its telling you. A steady uptick of replacement costs may not be enough information to go off of when making decisions. Knowing

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CRE Investing - $100 Is Worth It - Energy Audit/Upgrade

Jake Ammon

Nov 14, 2017
3 min

CRE Investing - $100 Is Worth It - Energy Audit/Upgrade

Reduce expenses with upgrades and fine-tuning existing equipment. Being green and energy efficient can help your bottom line, especially when someone else helps you pay for it. Find your local partners that can help you uncover the potential your property has for reduced utility bills. Remember that every $100 earned or saved in NOI translates to $1,428 in value. Local utility providers typically promote energy saving upgrades to both residential and commercial that property

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Jake Ammon

Oct 19, 2017
1 min

CRE Investing - $100 Is Worth It

Every increase or decrease of $100 dollars of NOI translates to a change of $1,428 in value (assuming a 7% cap rate). I'm starting a series to cover each of the following topics as ways to maximize property values. Some tasks or projects may not appear worth the time or energy but remembering the capitalized value difference will provide a more accurate return on your energy during decision making. Part 1 - Energy audit/upgrade Part 2 - Property tax appeal Part 3 - Renegotiat

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CRE Investor Tip - Multifamily Tenant Segmentation

Jake Ammon

Oct 2, 2017
2 min

CRE Investor Tip - Multifamily Tenant Segmentation

Understanding what type of household a property is tailored for and what the needs are will help capture the most value out of the renter market. Each type of renter household will have a wish list for amenities that they will each respond best to. Marketing strategies tailored to the appropriate segment will also maximize efforts. All of this leads to better capturing market rents, achieving market occupancy levels, and lowering marketing costs. I use the household categorie

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Jake Ammon

Aug 16, 2017
2 min

CRE Investor Tip | 1031 Exchanges

1031 Exchanges They aren't always the best option during the sale of a property. When used wisely, the 1031 is an awesome tool for retaining and utilizing more capital earlier on in your investing career. Though don't let what might be a small cost derail your path to success. Answer 2 vital questions before going down the 1031 path: How much will you actually pay in taxes upon sale? What is the state of the market for viable purchases? I am forgoing a 1031 tax exchange on a

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Jake Ammon

Aug 1, 2017
1 min

CRE Investor Tip of the Week #3

Keep your home mailing address private. Sign up for a Post Office box for your tax mailing address for your properties. This has two great benefits benefits: Brokers (like me) and angry tenants can't find your home address. Secondly, less hassle as you move or change your home residence. #investingtip #realestateinvesting

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Jake Ammon

Jul 24, 2017
1 min

CRE Investor Tip of the Week #2

If you own your own business or know someone who does, consider a sale leaseback for the real estate. A business that owns their real estate can structure the ownership to where they lease the property from themselves. I assure you this is legal and there are tax benefits from doing so. Take it a step further and the business has the option to sell the real estate to a 3rd party and extract the equity out of the real estate. The business becomes a tenant who no longer has to

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Here is how your real estate investment strategy is not a strategy

Jake Ammon

Jul 24, 2017
2 min

Here is how your real estate investment strategy is not a strategy

There are now strategies for strategies nowadays. There are ways to strategize about your next strategy. Have you thought about which strategies to take complete your work? Strategy has become a buzzword in both private and public sectors. The word strategy has saturated the planning process to a point that diminishes value of the word and what it can do for you or your business. Most strategies are likely just a plan or a tactic. A strategy is macro-view of the way of operat

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Jake Ammon, MBA | Vice President

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