When you’re thinking about investing in Denver commercial real estate, you’re likely pondering the incredible opportunity to create a stream of income that this type of asset can provide. You’re undoubtedly considering the best areas to purchase your property in, as this can make or break what type of returns and appreciation you can expect with your property. But an often overlooked aspect of commercial real estate is the effect that your property’s landscaping features can have on the overall value of your asset. 

Landscaping Matters to Possible Tenants
In the commercial real estate space, you will be seeking the most dependable and professional tenants to avoid having to turn over spaces more frequently than you’d like, or deal with tenants who are unable to pay their bill on time. A commercial property that doesn’t go out of its way to attract the desired, ideal clientele will often end up with tenants who are undesirable or not able to pay the rates you seek. One way of attracting top quality tenants is to make the outside of your property look its best by paying special attention to the green areas. 

Instead of opting for a simple grass turf option, hiring professional landscaping and gardening companies to spruce up your property can go a long way towards landing the perfect tenants. A well-curated outdoor space can transform a dull or uninspired property into something that turns heads and will have people looking towards your building. It’s a great way of telling both clients and the public at large that you take pride in your property and do the things necessary to keep your place looking its best.

A Well-Maintained Landscape Boost the Value of Your Property
Landscaping features aren’t just about marketing your property to tenants and the public, it’s also a great way of improving the value of the property itself whenever you decide to sell. Having unique or noteworthy landscaping features on your premises is a fantastic way of boosting the value of your property. Prospective buyers will see the outside of your property as an asset and one less thing they will have to tackle once they decide to purchase the property. Much like a well-designed interior space can turn a home into an attractive option for homebuyers, a landscape that stands out from the crowd can attract many buyers and potentially increase the value of the property in the long run. 

If you’re seeking a qualified and knowledgeable real estate firm in the Denver area to assist you through the property investment and development process, Elevation Group is your preferred choice in the mile high city. We offer expert advice and help from start to finish in order to ensure your commercial or residential project is a smooth success, providing you with the needed peace of mind to make your dreams a reality. Contact us today to begin the process of building your dream property development.

So you’ve decided to take the bold step of investing in the Denver commercial real estate space and you’ve started your search for the best possible property. In the early stages, you probably combed over listing after listing, scouting out the best situation for your particular needs and means. Over the course of your search, you’ve probably stumbled onto what you believe to be a gem, meaning they’re a much better deal than what you’ve been looking at. But in the muck of these potential gems lurks something to be concerned about: the dreaded dud. In order to avoid that worst-case-scenario, here are some of the things which should make you skeptical.

The Seller Doesn’t Want to Show You Certain Part of the Property

It’s not a secret: the Denver commercial real estate market is especially hot, as investors look for ways to turn their existing assets into a money-making asset with the possibility of gaining serious equity over time. Overly eager investors often overextend themselves in the course of searching for a property, and may purchase something which ends up becoming much more of a liability than a true asset.

Of course, you will want to avoid this situation playing out at all costs, which is why it’s important to receive a full tour of any potential property before making the decision to purchase. It’s not just a matter of trusting the word of the seller, as they could very well be hiding parts of the property which can seriously detract from the value of the building. If your potential seller is not letting you see the entire property, you should definitely begin the search of looking elsewhere.

The Property Doesn’t Match Up With Other Comparable Listings

The old adage of “if it is too good to be true, it probably is” is definitely true when it comes to investing in Denver commercial real estate. Looking at a property that, at first glance, appears to be something of a diamond in the rough, you should be cautious not to get too ahead of yourself when deciding if the property is right for you. If the property is significantly less than other comparable properties in the area, you need to find out why. Sure, it could be a situation where the seller is desperate to get rid of the property, but it is also entirely possible that they could be hiding a particular aspect of the property which makes it much less attractive than at first glance.

If you’re seeking a qualified and knowledgeable real estate firm in the Denver area to assist you through the property investment and development process, Elevation Group is your preferred choice in the mile high city. We offer expert advice and help from start to finish in order to ensure your commercial or residential project is a smooth success, providing you with the needed peace of mind to make your dreams a reality. Contact us today to begin the process of building your dream property development.
 

It can be easy for someone to believe that the commercial real estate market in Denver is nothing but roses and pure gold, but this is unfortunately not the case. While investing in commercial real estate can certainly be one of the smartest and wisest decisions a person can make in terms of their financial future, there are still a few things that need to be cleared up before someone makes a significant investment into this space. If you’re thinking about investing in the commercial real estate market in Denver, here are some common misperceptions you should be aware of. 

There are Bad Properties Which Will Be an Endless Financial Drain

Look, there are plenty of properties in the real estate market which are completely worth your time and should be on the top of your list in terms of investment decisions. But there are plenty of properties which should be avoided like the plague, as they will be an endless liability and cost you dearly in terms of every financial area which should matter to you. If a property has a poor foundation, wiring, or other significant issues which will cost you a ton of money to fix, you should probably avoid investing in this property.

Although some real estate firms will steer you towards any property on the market, the best and most trusted companies will wisely tell you to avoid these buildings at all costs (literally). You will not want to put your faith into a fixer-upper simply because you believe you will be able to flip it and increase the value of the building. There are some situations which will ultimately require you to demolish and rebuild from the ground up. Unless you’re willing to take on this type of project and investment, stay away from these types of situations.

Use a Reliable Firm, Not the First Listing You See on Google

When it comes to investing in the commercial real estate space, it can be easy to simply trust the first firm that pops up on a simple google search. Maybe they have decent reviews from customers and a long enough history to rely on. Or perhaps they don’t, and you’re putting your faith into algorithms and other less-than-human solutions. It’s always a good idea to trust your decision making with a firm with a solid reputation and one who has steered customers in the right direction when it comes to Denver commercial real estate.

If you’re seeking a qualified and knowledgeable real estate firm in the Denver area to assist you through the property investment and development process, Elevation Group is your preferred choice in the mile high city. We offer expert advice and help from start to finish in order to ensure your commercial or residential project is a smooth success, providing you with the needed peace of mind to make your dreams a reality. Contact us today to begin the process of building your dream property development.
 

Starting the process of investing in the Denver commercial real estate market is a complicated and lengthy process that requires a significant amount of research and brainstorming in order to land on your dream property. Unfortunately, this process is not a simple, stress-free act, as you will have to consider a wide array of factors before making the decision to invest in the marketplace. Before you take on the task and diving head first into this murky, tricky marketplace, you will want to have a firm understanding of who you should avoid, specifically when it comes to an agent. A poor agent can cost you dearly, and you will want to know who are the one’s you should avoid at all costs.

Agents Without Experience or Knowledge

It goes without saying, yet bears repeating: an agent who has a lack of experience and knowledge when it comes to navigating the Denver commercial real estate space can cost you dearly in terms of any potential deal. Although it can be easy to expect an agent to have a firm understanding of the ins and outs of real estate, this is unfortunately not the case. An agent who lacks the skill or knowledge to adequately navigate the marketplace for their clients will inevitably cost their customers dearly, both in terms of money as well as losing out on potential deals. 

Agents Who Promise the Moon But Can’t Deliver

The worst type of salesperson is the one who is constantly talking themselves up, convincing you that they are the most adept, knowledgeable person in the world when it comes to whatever they’re selling, yet can’t seem to back up their claims when it counts. Often times, you’ll find yourself with an agent who will claim to understand all aspects of the market, yet when push comes to shove cannot fully deliver on the things they are speaking to.

Never hire someone who is all talk and no walk, as you will end up paying severely in terms of both your finances as well as your sanity. These are people who will not stop talking about themselves but cannot seem to stop and actually work on the issue at hand. Many salespeople are smooth in their communication but are not able to back it up with fact-based, realistic approaches. Always utilize skilled, trustworthy brokers who have proven themselves with their clients and avoid the ones who are nothing but talk.

If you’re seeking a qualified and knowledgeable real estate firm in the Denver area to assist you through the property investment and development process, Elevation Group is your preferred choice in the mile high city. We offer expert advice and help from start to finish in order to ensure your commercial or residential project is a smooth success, providing you with the needed peace of mind to make your dreams a reality. Contact us today to begin the process of building your dream property development.
 

The process of purchasing commercial real estate in Denver is not just a one-person job. You need to have a trusted team of allies who can help assist you in the process, ensuring you complete the deal of your dreams with ease. Unless you are ready to do the job of multiple people and consider yourself to be a renaissance man in the real estate industry, it’s very important to have a team you can count on, to ensure you don’t make any serious mistakes in the process. There are many parts to a successful real estate deal, and it is important to know who to trust and what is needed in order to complete the process. With that in mind, here are the team members you will need to have when making the deal.

A Trusted Property Inspector

When purchasing Denver commercial real estate, a vital part of the process will be when you go to inspect the property, ensuring the building or land you are purchasing will be adequate and free from any glaring repair needs. To think that you will be able to complete this process on your own is a recipe for missing important factors which can cost you dearly in the long-run. Unless you have been involved in this industry yourself, you will absolutely need someone with the necessary experience to help guide you through the process. It’s important to hire someone with a proven track record, as someone who is not dependable is not worth your time.

A Helpful, Responsive Agent

In terms of completing Denver commercial real estate deal, you will absolutely need an agent who can help you find your dream property and do so with the swiftness and adeptness needed to help you get the property you want. It’s important not to underestimate how crucial a real estate is in the process of securing you a property. Their knowledge of real estate and knowing what is needed in terms of sealing a deal is critical to landing the property you want, as a poor agent can definitely lose a deal for you. It’s also important to hire someone who is responsive, as someone who fails to respond quickly can also cost you the property you are looking for. Hire someone who is not only experienced, but will provide you with the level of customer service you need to make a deal final.

If you’re seeking a qualified and knowledgeable real estate firm in the Denver area to assist you through the property investment and development process, Elevation Group is your preferred choice in the mile high city. We offer expert advice and help from start to finish in order to ensure your commercial or residential project is a smooth success, providing you with the needed peace of mind to make your dreams a reality. Contact us today to begin the process of building your dream property development.