Both the Commercial and Residential Real Estate markets are seeing activity like never before. Never in my career have I seen such low supply with such a super high demand combined to create this heated environment. We spoke with Brad Bullington on how he is seeing appraisals be effected on Commercial purchases.
Key points:
- Why are prices up 20-40% from a year ago
- Appraisers are relying on brokers to understand the situation
- Outlook for the remainder of the year
Whether you are interested in acquiring or selling a commercial building, renting a home, securing professional Property Management for your investments, or buying an investment property, GC Realty & Development LLC is waiting to guide you on your journey. We are confident we have the systems, talent, drive, and desire to add value to what are some of your largest financial decisions in your life.
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MARK AINLEY is an investor, managing broker, and property manager with nearly two decades of experience in real estate. He has been a speaker at numerous events across the country including investing summits in Dallas, Atlanta, San Francisco, and Chicago. Mark loves to give feedback to beginners, out-of-state investors, or less experienced entrepreneurs on what steps to avoid in growing a business.
His extensive experience allows him to share his knowledge on many topics like property management, scaling a business, rehabbing and flipping, out-of-state investing, asset stabilization, market analysis, and more. He has rehabbed and stabilized over 480 properties and currently manages over 1000 investment properties throughout the Chicagoland area. Mark is the co-founder of GCR&D, a full-service real estate brokerage, property management, and real estate investment firm in the Chicago Market. Through his brokerage, he consults with both local and out of-state investors on the acquisition, stabilization, and management of their rental property portfolio. GCR&D recently made the “top 5000 fastest growing companies in the United States”list by influential Inc.
He was featured on CNBC’s TV show The Deed, featuring one of his rehabs. He has also been featured on podcasts like Bigger Pockets, The Real Estate Mogul Podcast, Joe Fairless, REI Diamonds, and Real Estate Money School. In 2017 he was featured on the cover of Top Agent - Property Management Edition.
https://www.biggerpockets.com/blog/contributors/markainley
