As a successful real estate developer, William Collins knows the benefits of investing in both residential and commercial real estate. From single and multi-family apartment complexes to mixed-use retail/residential, warehousing, public storage, and fulfillment centers, real estate is still a passive investment that can bring an annual return off the financial investment of between 6% and 12%.

Real estate investments should represent a significant portion of an investor’s wealth. Even a homeowner’s investment in their home will likely have a greater value than their savings account, says William Collins. Consider the following 3 factors that can drive the success of your commercial real estate investments.

Factors to Consider for CRE Investing

Demographics

The location has always played a significant role in the value of the real estate, both residential and commercial. The composition of a population, which includes age, race, gender, income, migration patterns, and especially population growth will determine the area’s demographic.

Use demographic information to guide your real estate choices. William Collins suggests you avoid investing in neighborhoods that are seeing an exodus of residents and businesses. But, factors like income, age, race, and gender can always be used to guide you on the type of commercial real estate to invest in. It may be low-income housing construction, senior residential units, or a new strip mall with high-end retailers.

Interest rates

A major impact of investment opportunities is how much interest your financial agents are charging you for the construction project or major renovations to current structures. When interest rates rise, the cost of obtaining a mortgage loan or personal loan increases, lowering both the demand and the price of real estate.

William Collins suggests sticking with a real estate investment trust (REIT) that can bring a return similar to bonds and stock market returns when it comes to interest rates. When interest rates decline, the value of bonds and REITs will typically increase.

“REITs’ reliable income is derived from rents paid to the owners of commercial properties whose tenants often sign leases for long periods of time, or from interest payments from the financing of those properties.”

The Economy

The overall health of the economy will always be a good way to choose your CRE investing paths. Some important economic indicators include the GDP, employment data, manufacturing activity, the prices of goods, etc. But, keep in mind that when it comes to the US economy, it is very cyclical, which makes timing more critical than ever.

William Collins suggests that any real estate investor be cognizant of current and trending economic conditions, both locally and globally.

Even when the previous 3 factors are affecting the US commercial and residential real estate markets, you can still count on a bolster from federal and/or state policies, subsidies, tax credits, and your own tax deductions.

Delays Can Be Costly

The time necessary to obtain a building permit can dramatically affect a project’s timeline. Unfortunately, the process often requires more time than project managers foresee, says Riccardo Cervini, president of Dominion Expediting & Consulting Corp. Delays can be costly. However, builders and developers can increase their chances of faster approvals by taking a few steps, Cervini says.

Know Your Local Government

Riccardo Cervini notes that delays often occur because the project fails to comply with local building codes and zoning regulations or because someone has filled out the application incorrectly. Understanding the requirements in your jurisdiction can help you file correctly. Meeting those in the local permit office ahead of time also can help you connect with the right person along the way.

Be Organized

Starting the process well beforehand helps, preferably before your offer to buy the property is accepted. Find out what is involved in obtaining the permit and develop a plan to complete each step. Then check off each step as you complete it. Keep in mind to always do your homework before getting involved with a developmental project; this will help you save time and money.

Schedule the Land Survey As Soon as Possible

Most building permit applications for exterior work require a site plan showing the building relative to the property line. You’ll need a land survey to determine the property line accurately.

Limit Your Focus

If you are managing many projects at once or one that crosses several jurisdictional lines, try focusing on one project and one jurisdiction at a time. You must submit one customized application for each project in each jurisdiction. Riccardo Cervini explains that focusing on the requirements for that project or jurisdiction will keep you organized, prevent you from feeling overwhelmed, and be faster in the long run.

Hire A Professional

Expediting companies or consulting firms can help accelerate the process. They already understand the building codes in each jurisdiction and have contacts in the permits office. They also know the process and handle all the paperwork from start to finish. They deal with the red tape and stress with local municipalities, so you don’t have to. An experienced and seasoned firm such as Dominion Expediting & Consulting Corp will streamline your permitting process. Keep in mind that hiring the right company for your developmental project is money well spent.

If you wish to learn how to potty train your puppy bulldog at a single place and time, you should know that this process is essential for the happy and long life you will have together.

One of the biggest reasons people give up on dogs is house soiling, especially because they cannot handle a dog who destroys flooring and rugs and leaves a stinky mess each time.

That is why you should be proactive and ensure to house train your puppy before it reaches adulthood. That way, you can create a strategy that will help you provide the best course of action.

You should check out this link: dogperday.com to learn how to raise a French bulldog or any bulldog breed for that matter, inside your apartment. 

We can differentiate numerous methods for a training you should remember, including paper and crate training, among others.

Each option comes with specific advantages and disadvantages, but you can ensure overall success by following particular tips, including:

• Keeping a regular schedule for exercising, feeding, and trips outside
• Controlling diet with proper nutrients
• Reinforcing puppy to go outside
• Provide regular workouts

Crate Training 

Even though it seems problematic for most owners to confine their puppies in a crate, you should know that a process can help you achieve the efficiency you wanted in the first place. Remember that crates will make your life much easier.

As soon as your it gets accustomed to one, you will be able to ensure safer travel, vet visits, safety, and recovery.

Since dogs are den animals, they will look for a cave with an idea to reach security, especially while sleeping. Therefore, it is simple to train them to use crates as safe areas.

Keep in mind that dogs are clean animals compared with others, which means they will not enjoy their living areas soaked with urine. When you find an appropriately sized crate, you should ensure that your canine friend can stand up, lie down, and turn around inside. 

If it is too large, it will use a single corner for elimination. Since some crates come with different partitions, you can increase the size as your bulldog puppy grows.

As soon as a puppy feels an urge, it will let you know by scratching and whining. It would be best if you waited for a single to let your puppy outside because waiting too much can lead to horrible problems. 

You should click here to learn more about potty training. 

Pads and Paper Training

According to experts’ paper and pads, training can be challenging and tricky because you will use two options to help your bulldog puppy. In the best-case scenario, your puppy should keep it together indoors and eliminate outside.

However, some options may require creativity because you may not reach your household each time it needs to go out. Therefore, you should add puppy pads to allow relieving possibilities when you are not at home.

As soon as it matures, it would help if you took it outdoors each time it requires, which is an important consideration to remember.

Implement a Housetraining Schedule

The best way to ensure the housetraining success is by creating a schedule that will allow your puppy to understand and beat the urge of defecating outside the desired spot. Since puppy bulldogs have tiny bladders, the water will run through them as well as solid matter.

The best way to ensure they can control their bladders is to check out the number of hours they can hold. For instance, a six-month-old puppy can keep it for up to six hours, depending on diet and liquid intake.

Still, each dog comes with personal timing that will differ from a general perspective. Therefore, you should monitor different periods and habits, which will help you create a schedule. 

However, if you have a small bulldog puppy, you should ensure to take it out at specific times such as:

• Morning
• Before sleep
• After playing inside
• After a few hours in a crate
• After chewing a bone or a toy
• As soon as it wakes up from a nap
• After drinking and eating

Having a dog is a responsibility, which is highly increased when you have a young one. Therefore, you must go outside a few times a day to avoid an apartment mess, which is prone to happen.

If you work eight hours a day, you should make a few arrangements to ensure the schedule by providing your family members, neighbors, or friends can keep up with them while you are away.