Commercial real estate brokers and sellers often promote the gross income that an owner can reasonably expect to receive from an investment in a particular property. However, different sellers use equally diverse methods for calculating this figure with varying degrees of detail. Not only do investors need to dig deeper to get a full picture of expected returns, they should also take into consideration the actual and projected expenses required for managing that property. For example, are investors responsible for property taxes, insurance and utilities, or are those expenses the responsibility of the tenants? Does the property need improvements now or in the future? The best way for investors to get answers to these questions is to work with experienced real estate professionals.
With offices in Miami, Orlando, New York City and Geneva, the team at Orion works with investors, developers, property owners and brokers through all phases of real estate transactions, from strategic planning and analysis to financing, negotiation, property management and disposition. For more information, call (305) 278-8400 or email email@example.com.