Norm Ebenstein Expert Design Patent Law is an attorney at law who works to purchase commercial properties and bring them up to current standards, as well as help individuals negotiate with commercial properties. Although some people will purchase a property to sell later on, for most of the people, this is not the best idea. Therefore, the attorneys at law look for companies that have already developed their own marketable assets.
Ebenstein states, “With industrial property you can sell it to a REIT [real estate investment trust]. The REIT will buy it from you for a small capital advance and then you pay them their fees. Then they pay you the money and let you buy out the interest in the property. The money from the sale of the industrial property can be applied to your business.”
Norm Ebenstein goes onto say, “Commercial properties have become a way of life. They’re leased to businesses that are not growing anymore, but they don’t have the cash flow they once did. By developing commercial properties, you make money all the time. And sometimes you can sell it to the owner and get more than what you paid for it.” As a result, you can still make money off of the business.
Also, there is a good chance that if you own commercial properties, you will have some at-risk assets. These include building mortgages, home mortgages, automobile loans, and other such types of debt. Because you already have a lot of income, you can sell these off to someone else who may want them at a much lower price than what you originally paid for them.
One of the reasons that Ebenstein is so valuable is because of the fact that he has a lot of commercial properties under his belt. In addition, Ebenstein says that, “As a lawyer, I know the local zoning laws and I’ve done some planning and economic analysis.” These are things that many lawyers can do but it is nice to have someone who has experience working in the industry.
Ebenstein also believes that industrial property is a great choice for most real estate investors. “There’s a strong correlation between profit margins and industrial commercial properties.” This means that if you purchase commercial real estate that has plenty of potential, you can earn a lot of profits and build your business quite quickly. Ebenstein states, “It really helps if you purchase property with energy-efficient windows or with energy-efficient construction.
A commercial investment property is something that will bring you a lot of income in the near future. Most commercial property will have about eight to ten years left on it before it is due for depreciation. If you can take advantage of that, you can make a nice profit.
With Ebenstein as your attorney, you will find several different ways to get the type of property you want and at a profit. Furthermore, you will be able to learn about industrial property and how to use it in the best way possible.