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Quick Guide to Commercial Real Estate

Quick Guide to Commercial Real Estate

If you are interested in building long term wealth, then commercial real estate will help you achieve your goals. However, if you've never bought a commercial property before, it may be quite daunting. While navigating the ins and outs may be challenging, the right information will be a useful tool. 

This article will give you a guide to commercial real estate purchase. If you are a first-time buyer, then keep reading to find out what you need to know when you buy your first commercial property.

What Is Commercial Real Estate (CRE)?

Before diving into this guide to commercial real estate, it helps to know what this type of real estate is. CRE refers to...

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5 Benefits of Renting a Home That You Haven't Thought of Before

When most people see a nice home, they think of the long-term investment it represents. They think of a family, long-established in a charming neighbourhood. 

But this isn't always the case. In these days of skyrocketing housing prices, homes are just as likely to be rental properties. And there are numerous benefits of renting a home. 

Let's check out some of them, including a few you might never have thought of. 

1. Greater Flexibility

To begin with, let's start with one of the top benefits of renting a home: the sort of flexibility that buying a home can't match. 

If you're more interested in exploring a city or town, rather than putting down permanent roots, this is an...

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9 Easy Ways to Increase Rental Property Income

Having a rental home can be challenging at times. Finding easy ways to increase your rental property income - even harder.


Renting your house out for a higher price will increase your rental property income, but you want to do it in a way that is fair for all parties.


Providing a quality house with top-rated customer service, proper maintenance, and a fair market price is a sure-fire way to win any tenant’s hearts.


To increase your monthly return, we will need to look at your property the same way our property managers do.


Here are 9 easy steps to increase your monthly return on your property investment:


1. Curb Appeal


Realtors will tell you that giving your house curb appeal is one of the...

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Bring Your First Home to Life: A Guide to Starting a Garden from Scratch

What makes a house a home? There are many aspects of your house that make it feel more like a home and a beautiful garden is one of them. A house for sale on the market is an empty structure on a lot of land. 

A home is a house that's been modified and made to suit your personal preferences and daily needs. It's something that you've made your own! Starting a garden from scratch might seem daunting, but once you've achieved the final product it'll all be worth it. 

Are you ready to start your own garden but not sure where to begin? Below is our guide on everything you need to know about starting a garden from the ground up! Continue reading to learn more!

1. Choose What You'll...

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Make Your Space Feel Like Yours: 9 Decoration Tips for Your First Home

You have just moved into your first home. Whether you are renting or purchased your first home, making it feel like an actual home can take some time and settling into.

It may be harder to decorate a rental property as it’s mostly used for short term provisions but creating a sense of home is something to be perceived in our minds. A house can become more than a home. In this article we are going to look at two of the happiest nations on the planet, Canada and Denmark.

Both these nations have similar values in how we handle the long, cold and dark winters. As Canadians we have the feeling of hominess in our culture whereas our cousins in Denmark have something called, "hygge" (pronounced...

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7 Questions to Ask a Property Manager Before You Hire

Hiring a property manager is a great step to take when owning rental property. Property managers take a lot of the weight off the shoulders of the owner when it comes to maintaining the property, dealing with tenants, and much more. It's even more beneficial to hire a property manager when your rental property is in a different state than you.

When this happens, it makes it more difficult to manage your property since you can't be there in person to see everything through. However, you need to take your time and ensure that you're hiring someone who you can trust with your property and your income.


The best way to give yourself peace of mind when leaving your property in someone else's care...

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10 Simple Tricks to Increase Curb Appeal on a Budget

They say you shouldn't judge a book by its cover but should you judge a house by its curb appeal? Much like a book, your home's outside can give an impression on what's inside.


Whether you are selling or preparing your home for rent small changes can lead to a greater curb appeal. Here are ten tips on how to increase your home's curb appeal on a budget.

1. Take care of your front lawn

Taking care of your lawn is much like your hair. To look presentable, in most situations you want your hair styled. You want the same for your lawn. When you mow the grass, kill the weeds and rake the leaves it will also lead to a healthier, thicker lawn. Add some water and you will reduce the brown spots. This will...

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Just a Short Drive Away: Things to Do in Edmonton

Edmonton is the capital city of Alberta. It's home to 1.3 million people. The Edmontonians live in a city with year-round interest, North America's largest mall and access to wonderful natural beauty.

Moving to St. Albert means you get the peace of living in a suburb, without being far from a world-class city. Learn about different things to do in Edmonton.

Things to Do in Edmonton

Barely a week goes by without a festival in Edmonton. Many of these events are annual celebrations with long traditions.

As well as the special events there are attractions that are available all year round. Edmonton has museums and attractions for all tastes. Add to that a diverse food and drink offer to please the...

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Essential Tips for Leasing Your First Office Space

As an entrepreneur growing your business is exciting but leasing your first office space can be both thrilling and overwhelming. You know there is risks in business but mitigating the risks with an education approach will help you grow your business to success. Right now, you've likely been working from home, café’s, pubs and numerous other community areas. Whether you need that office space now, or you're looking, our experts have some free tips to make sure you get the right space for your business. Please call Guy Hebert at 780-445-4723 to view office spaces that might fit your needs.

1. Know Your Needs

Do you need space for your business or is it something you'd like? Some businesses...

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How To Get Your Security Deposit Back

Being a renter can be tough and getting the first months rent and a security deposit can be daunting task, especially since most of us live pay cheque to pay cheque. Like most renters you want the full amount of your security deposit back.

From a property manager perspective, we want to give back your security deposit and we are usually happy to do so. There are a few things that we will look for when it comes to giving back the full amount of your security deposit.

Before and During the Move in process

Keeping your security deposit starts before you move into the home. The moment you get your keys and do your initial property walk through you want to note any items that need repair, this not...

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Important Questions to Ask When Purchasing Commercial Real Estate

The commercial real estate market is booming in Canada, and it's not showing any signs of slowing down.

If you're an entrepreneur looking to invest in Canadian commercial real estate, now is definitely the time to take action and start shopping.

Shopping for commercial real estate can be challenging and overwhelming. It's definitely not impossible to find a great property, though. You just have to make sure you're asking the right questions.

Listed below are some key questions you need to ask when you're purchasing commercial property.

Is it in the Right Location?

There are a lot of similarities between the process of looking to rent a property and looking to buy a commercial property....

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What to look for when shopping for a rental property

Being on the lookout for a home to rent has its enjoyable moments, but it can also be a harrowing experience. Walking to a sizable pad that is accessible and within your budget: pleasure! Walking into a flat which does not look anything like the pictures: harrowing.


We've observed numerous rental scams in the last few years. To help you avoid scams and to sidestep prospective rentals that are just a waste of time, we have compiled a list of giant rental red flags to keep a lookout for throughout your search.


No invoice or receipt for a deposit


Many renters do not recognize that if a broker or management firm doesn't offer a receipt for your deposit, it is a big red flag. Before giving anyone a...

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6 Home Staging secrets to a quick sell

When it comes to selling a home, appearances are everything. That is why more and more homeowners hoping to impress buyers are investing in house staging however decluttering, styling, and making your home look its absolute best, this procedure can make you want to pull your hair out.


To make this job a little easier, we asked sellers for their own best home-staging advice, we then compiled their greatest tips. If you are getting ready to put your home on the current market, use these pointers to spruce things up in a jiffy--and help buyers fall in love with your property.


Keep your home tidy 24/7

When showing a home, it is important to keep your house tidy with all your possessions peeled away...

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10 Essential Steps to Preparing Your Home for Sale

Are you planning on selling your home? If so, you'll need to prepare if you want to get the best deal possible. After all, the steps you take before showing your house to prospective buyers can make or break your chance of selling for the best profit possible.

Not sure where to get started? Don't worry. We have all the information you need right here.

Keep reading for ten essential tips about preparing your home for sale. Let's get started!

1. Let Go

If you want to prep your house for sale, you'll need to start by letting go of your emotions and attachments. This will make the entire process much easier. Here are some helpful steps you can take to achieve this.

Make Sure That You're Ready to Sell...

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10 Reasons Why You Should Relocate to St. Albert Canada

It's no surprise that St. Albert is the seventh best place to live in Canada. Out of a list of qualifications and ratings, it beat 410 other cities.

If you're looking for the perfect city to move to, you need to consider St. Albert.

From natural space to a downtown core, you get the best of both worlds. It caters to growing families and single-dwellers. For a small city, it has everything you need.

Keep reading to find out more about your dream hometown. There are hundreds of awesome reasons to move to St. Albert, Canada, but here are the top ten.

1. It's Super Safe

One of the biggest things families look for when moving is a low crime rate. You want to know your children will be safe to play...

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The Pros and Cons of Condo Ownership

Condo living often elicits images of carefree weekends sitting beside the pool, but there are some pros and cons to consider before making a purchase.


1. The Lifestyle Itself: One of the biggest advantages of condo living can also become a disadvantage. The sense of community, amenities and other features that originally attracted you to a community may change as your needs and desires change. Make sure you select a condo that truly reflects a lifestyle you will love.


2. Shared Responsibility:A condo association establishes many rules and regulations - typically by majority vote. Likewise, maintenance and repair costs are also shared by members. Things can get dicey when individual members are...
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When you make or receive an offer to buy a property, it's important that you read and understand every clause. It is especially important to understand any conditions or any changes that are made to the standard offer.

 

An offer may contain several types of conditions. The most common are "conditional upon arranging financing" and "conditional upon passing a professional home inspection." However, there may be other conditions as well.

 

You should be aware of – and fully understand – all of them.

 

In addition, the wording of an offer may change during the back and forth negotiations that often happen. Aside from changes to the price, other clauses may be added, removed...

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Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.