ajbrealty.com Blog

Taking Advantage of the Commercial Real Estate Market

Administrator — Wed, 12 May 2010 16:55:31 +0000

There is no doubt the local commercial market has taken a hit. The SW FL commercial market is suffering the consequences over development in the commercial arena combined with an overall economic decline that has affected the majority of the end users of commercial space – the small businessman. The lack of available work and low profit business agreements as a result of the recession has directly impacted commercial property tenants who can no longer afford their rent and have forced landlords to make rent concessions to keep their tenants in place. Some commercial property owners will be able to weather the storm. Others have started or will be forfeiting their properties back to the bank.

All this available commercial property under bank control has provided the savvy investor an opportunity. The foreclosure process for commercial property is just as long as it is for residential property within the state of Florida hovering around 18 months. However, it is my hope that when the properties are forced under bank control that the banks will have learned from the residential real estate crisis and be able to apply what they learned to the commercial market. The banks and commercial investors know that there are many criteria to assess a property on, but the most important is – Will the property make financial sense? This simplistic approach and harsh reality will hopefully allow for a quicker bank release of these properties so they can get them off their books and investors can get these properties functioning again.

To learn more about the commercial sector be sure to check out the recent WSJ article “Cashing in on a Real Estate Boom” on my News & Related Links page at www.ajbrealty.com If you are interested in investing in the commercial marketplace in Southwest FL feel free to call or email AJ Bremerman to discuss your intentions and objectives.

20 Reasons to Live in Naples, FL

Administrator — Fri, 19 Feb 2010 01:45:56 +0000

No snow on the ground.
People work their entire lives to here.
No personal income tax!
Great time to be a buyer. Prices are the lowest in a decade. Naples is now considered to be one of the most undervalued markets in the nation, according to the newly released 2010 report compiled by IHS Global Insight and PNC Financial Services.
You will never be snowed in.
Take advantage of the low mortgage rates before they increase!
Experience and appreciate the finer things in life. Besides the great weather, Southwest FL has some of the finest beaches, golf courses, and tennis facilities in the world. We also have a large collection of high-end retailers, restaurants and world class fishing.
Collier County has three of the best hospitals in the nation. Naples Community Hospital is ranked #1 in Florida for Overall Cardiac Services. Visit www.nchmd.org to learn more about their extensive services and accolades. There are two Physicians Regional Hospital’s in Naples and their spine surgery program is ranked #1 in Florida. Visit www.physiciansregional.net to learn more.
Everglades National Park is 45 minutes away from Naples. It is the largest subtropical environment in the nation. The unique terrain is home to many endangered species and incredible fishing. Take a canoe trip or an airboat ride to get close to the nature.
No snow to shovel.
Frequent downtown art shows and outdoor jazz festivals.
Visit Corkscrew Swamp Sanctuary, walk the board walk, and witness the rare ghost orchid with your own eyes. Don’t forget your binoculars and camera for all the bird watching.
Ghost Orchid
Multiple local colleges – Edison Community College, Florida Gulf Coast University, and Ave Maria.
Learn about the local Seminole & Miccosukee Indian tribes at their reservations in Big Cypress. Then enjoy their casinos in Immokalee or Miami.
Snow free sky’s year round.
Take a stroll on the highly photographed Naples Pier and enjoy the amazing sunsets.
Want to spend a weekend on South Beach? Just take Alligator Alley and be there in a couple of hours. Then come back to Naples to return your tranquility. Southwest Florida’s road infrastructure has been carefully planned and prepared for future growth.
Visit a local weekend farmers market or Oaks Farms and enjoy fresh farm produce from all the local farms in Immokalee.
Naples is a boater’s paradise. Do you have a large yacht, beach cruiser, or flats boats? Naples Bay accommodates all of them. Visit the beach at Key Waden Island with the family and then pull your boat up to the Riverwalk restaurant, Joes Crab Shack, Bonefish Grill, or Pinchers Crab Shack for lunch or dinner.
Did I mention that there is no snow? Visit www.ajbrealty.com and let me find your Naples FL dream home.

“Ruralpolitan”

Administrator — Thu, 10 Dec 2009 15:02:53 +0000

What is a “ruralpolitan”? “Ruralpolitan” is the new catch phrase for persons who want to escape the city lifestyle and move to a more rural area where they can practice self sufficiency. In the midst of this economic downturn, individual’s realities have been shaken and fear has unfortunately replaced confidence. People have lost money in the stock market and others have lost their jobs. The basics of life have become more important. Family and food have moved to the top of the list. People are asking how can I provide for my family and make sure they are always taken care of. The answer many are finding is to move to the country where they can plant their own food, nurture their family and have the peace of mind that they are more independent and self sufficient.

Visit www.ajbrealty.com and go to the News and Related Links page to read the WSJ article – Green Acres is the Place to Be. Then visit our Listings page and see what great properties we have that allow for country living close to town.

How to Choose the Right Property Manager?

Administrator — Wed, 18 Nov 2009 13:49:55 +0000

Three important guidelines:

1. Ask yourself; to what extent do I want to be involved with my property? Do you want the property to behave as a passive investment or do you want to remain involved in a limited capacity so you have the peace of mind that your money is working properly for you?

In this economy, Landlords and Associations are looking to cut costs. Under either circumstance above, a good property manager is an important person to have on your team. It is important to remember a property manager can provide an individualized contract to your specific property that will cater to your needs. For instance, if you only want to collect rent checks (the fun part), and have the property manager address all the other tenant issues and maintenance issues than a contract and fee can be designed to meet that arrangement.

2. Is your property manager proactive or reactive? It is important to be honest with your property manager about any potential construction defects or equipment malfunction so he/she can stay in front of any potential issues. A good property manager should be proactive and head off any potential problem. This is the cheapest option in the long run for any landlord and keeps the tenants/residents happy and stress free.

3. Do you trust your property manager? This simple question is paramount. It is important that the owner or association trust their property manager because their responsibilities are extensive, their access to the property is unlimited, and their decisions can have large financial impact to the property and budget.

Please visit www.ajbrealty.com and find out why you can “Trust your keys with AJB.” Also review our Top 10 Reasons to Hire a Property Manager on our Property Management page.

AJB Realty, Your Guide to Finding the Right Naples Realtor

Administrator — Tue, 20 Oct 2009 15:21:30 +0000

AJ Bremerman

Real estate broker AJ Bremerman was recently featured and quoted in the Gulfshore Business Magazine exclusive article, “Finding the Right Realtor.” The article showcases various real estate professional’s responses to the pertinent questions on the minds of many Southwest Floridians as the 2009 season approaches.

Bremerman is quoted as saying, “People work their entire lives to live here and that makes properties in Southwest Florida an attractive investment opportunity.”

Bremerman serves as Broker for the Naples-based real estate and property management company, AJB Realty & Property Management, LLC. With experience in both the construction industry and commercial real estate, he has a unique insight into many arenas of the market.

Visit the News & Related Links section of www.ajbrealty.com to read the rest of the article to see what AJ has to say.

AJB Realty & Property Management, LLC offers Naples freshest take on relationship-driven honest objective real estate services. “Trust your keys with AJB.”