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Commercial Real Estate Development: How to Get Started

9/3/2022

 
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For many business-minded individuals, pursuing a career in commercial real estate development can be very rewarding. Commercial real estate developers have the opportunity to earn a competitive annual salary while advancing the economy and creating millions of jobs within sectors such as office, retail, warehouse, and industrial construction. In fact, the industry supported 9.2 million US jobs in 2019 and 8 million jobs in 2020 — according to the Commercial Real Estate Development Association (NAIOP).

To pursue a career as a commercial real estate developer, there are several crucial steps you’ll need to take to obtain the education and credentials needed to succeed in the industry. Here, we highlight a few of these requirements. 

Meet Basic Career Requirements
Your first few steps toward becoming a commercial real estate developer is obtaining the right education, state licensure, and experience. If you have no background in real estate, for instance, you’ll want to start by obtaining a bachelor’s degree in real estate, business administration, or construction management. Or, if you already have a real estate background, you could obtain a professional certificate in commercial real estate development.

After obtaining a bachelor’s degree in a relevant field, it’ll be time to earn your real estate license. You’ll need to be licensed in order to start working as a commercial real estate developer or broker, and you may choose to obtain professional certification as well. The NAIOP offers two types of certifications for interested real estate professionals:

  • Certificate of Advanced Study in Real Estate Finance.
  • Certificate of Advanced Study in Commercial Real Estate Development.

That said, many aspiring commercial developers start out as real estate brokers or property managers. As they obtain work experience in real estate, they can transition into commercial real estate development by networking with other real estate professionals and joining professional organizations like the NAIOP, Certified Commercial Investment Member (CCIM), and Society of Industrial and Office Realtors (SIOR).

Learn About the Commercial Development Process
Once you’ve obtained some real estate experience and you’re ready to transition into commercial development, you’ll need to familiarize yourself with the different steps in the real estate development process. Typically, these steps include setting goals for your project; applying for permits; locating, assessing, and acquiring land for your commercial property; and obtaining a commercial real estate loan. 

You’ll also need to assemble your commercial real estate team. When building a property from the ground up, you’ll need to look for a general contractor, civil engineer, architect, and landscape architect.

Provide Ample Lighting to Ensure Building Safety
Post-COVID, it’s especially important to keep safety in mind when developing your commercial property. These added safety measures will not only protect your building occupants and visitors from harmful viruses and bacteria, but other safety features — like installing LED parking lot lights in your parking garages, stairwells, and walkways — will help to deter crime and prevent driving accidents. 

As a commercial real estate developer, it’s important to keep in mind that your buildings and parking garages require ample lighting at all hours of the day and night. High-efficiency lighting enhances building security and safety, helping to reduce the risk of trips and falls, assaults, carjackings, and car-pedestrian accidents. 

Market Your Commercial Property
After many months spent planning and developing your commercial property, you’ll need to market it to your target audience. Start by building your brand identity, just as you would for any other business. This means coming up with a mission statement and slogan, building a website and social media presence, and using online logo-making tools to create a custom logo that represents your brand — taking the time to carefully select the right colors, fonts, text, and style. You can then market your property on social media, in business journals and newspapers, and by sponsoring local events. 

In Conclusion
There are many ways to succeed in commercial real estate development, and these tips are just the start. Gain experience, earn your license, and showcase your skills and qualifications with a stellar resume. Once you get started, ensure your commercial properties are well-lit, safe, and secure. We know there’s a lot to learn when you’re just getting started, but building a commercial real estate career can be an enjoyable journey! 

Need commercial plumbing services in Reno? Van Allen Plumbing offers unparalleled plumbing expertise and experience. Call 775-530-7850

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Home Renovation Tips for Owners of Older Homes

8/5/2022

 
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Older homes can be elegant, durable, and full of character, but they sometimes require extra upkeep and a different approach to home improvement. This is partially due to the fact that building techniques and materials have changed over the years, so you have to strike a balance between maintaining the quality and character of an older building while also staying up to code when it comes to safety and environmental concerns.

Some homeowners may aim to replace or update anything that is dated or hazardous while also maintaining the home’s original period charm. Others may opt for more radical renovations. Whatever the case, Van Allen Plumbing lists some helpful home improvement guidelines to keep in mind.

Update anything that might pose a safety risk.

Yes, old houses were built to last, but that doesn’t mean all their components have held up well over the years, or that the materials used were all ideal. Here are some older home components that should probably be renovated.

  • Wiring in old houses can often be insufficiently insulated, or the insulation may be damaged. Some old houses show signs of inept do-it-yourself modifications in their wiring. And sometimes the wiring just isn’t sufficient to handle contemporary appliances.
  • Plumbing in older homes may be corroded, which can lead to contaminants in your water. And some older plumbing made use of lead in the pipes, which is a health risk.
  • In the past, home builders often used asbestos in insulation, paint, and shingles. If any of these are damaged and contain asbestos, this can cause serious illness, so these materials should be removed and replaced by trained professionals.
  • Lead paint on the walls of older houses is also quite common – and dangerous. Since removing lead paint is also dangerous, hire a qualified professional to chip and remove it from your home.

Some upkeep projects that are recommended.

No matter how charming your older home is, some portions of it may be very much in need of an overhaul, for the sake of overall practicality.
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  • Kitchens and bathrooms in older houses sometimes are simply less convenient for day-to-day life. They may also be dingy from years of use and need freshening up.
  • Windows in older houses often are beautiful and well-made. But they may also be starting to fall apart. This can make it difficult to manage heating and cooling, so try to find a company that will replace your home’s windows without compromising on style.
  • The heating and cooling systems in older homes may need to be replaced, due to being outdated or in disrepair – but it’s important to make sure these changes are made in a professional manner, without compromising historic architecture.

Other projects where you should call in a professional.

Even if it’s not a huge structural or safety issue, it sometimes makes more sense to have the experts take care of a project.

  • Some routine maintenance needs, such as pumping septic tanks, can only be done by professionals.
  • Others, such as gutter cleaning, might be dangerous on larger, older homes, so look for gutter cleaners in your area when you need this maintenance done.
  • If you need to have your chimney cleaned, you can do it yourself, but if your chimney is tall or hard to access, have an expert take care of it.
  • Plumbing projects are also best left to the pros. Call on Van Allen Plumbing to get major jobs done right!

Some do-it-yourself projects that can increase home value.

If you’re thinking about selling your older or historic home, but don’t want to invest in pricey updates, here are some easy tasks you can do yourself, to increase the sale value of your house.

  • Putting on fresh paint and trim can increase your home’s appeal at little extra cost.
  • Adding stylish new hardware and fixtures makes your house look more stylish and modern.
  • Try to do any little repairs you can before you call in appraisers to evaluate your home’s value.

Maintaining an older home, whether you intend to reside in it indefinitely or sell it, may be a lot of work but it can also be fun and rewarding. Remember to update anything in need of repair right away, and DIY smaller projects to stay within budget. Just know what you are getting into and be aware when it’s prudent to consult an expert. 

Image via Pixabay
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In need of complete plumbing services in the Reno-Sparks area? Look no further than Van Allen Plumbing. Call for a free estimate today! 775-530-7850

Planning Plumbing Needs

7/28/2021

 
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The adage, "an ounce of prevention is worth a pound of cure" can be applied for more than physical health. We tend to take for granted how our water is delivered and disposed of in our homes and businesses until there is a problem. A dripping faucet never just stops dripping on its own. Little things like leaky faucets and a toilet that tends to keep running well after a flush can become more than an annoyance. If you consider all the items that depend on properly running plumbing in your home or business it can really add up. Laundry, dish washer, water heater, toilets, faucets, shower heads, refrigerator ice maker, water softeners all could be sources of increased utility bills and eventual replacement events. And we haven't even mentioned making sure the water goes down drains without clogging or running over. Why not schedule an inexpensive whole house maintenance check on your plumbing and prevent a more costly repair bill in the future?

Plumbing for Manufactured Homes

1/5/2021

 
Plumbing for Manufactured Homes
Leaky faucets, plugged drains and failing water heaters are normal wear and tear items in all homes. Manufactured homes have unique needs when it comes to plumbing. Accessibility, for example, is sometimes tricky depending on how the skirting was  installed and whether the home is on a foundation. Unlike stick built houses water heaters typically are accessed from the outside of a mobile home. Depending on the age of the mobile home the plumbing lines and fixtures may have a shorter lifespan than in houses built onsite. While manufactured homes have improved dramatically over the years, the materials used in the construction tend to require more maintenance over the life of the house. If the house has been moved, things can loosen up or break. Water damage from a leaky pipe or fixture can end up costing thousands of dollars to replace flooring and insulation. Not all plumbers are licensed to make repairs in manufactured homes. Others prefer not to work on them at all. Finding a licensed plumber that is qualified and experienced in manufactured homes is vital to extending the life of your home. Finding one that responds quickly to a plumbing issue can be the difference between a  minor repair and a major renovation. There is no such thing as a minor leak when it comes to plumbing. Leaks don't heal themselves and the longer it is put off, the more damage will occur.
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Call Van Allen Plumbing now!

Plumbing Services in Reno, NV

1/10/2018

 
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Plumbing Services in Reno, NV!

9/10/2016

 
Multiple plumbing issues? No problem!
Here's a review from one of our repeat clients!

"Wallace and his team are awesome. I first called them out to set a new tub and reconfigure my shower valve in a bathroom I'm remodeling. They showed up on time, provided a fair quote in a timely matter, and performed excellent work. I called them out for a second time to fix a leak in my second bathroom. Same excellent service. Most recently I called them for a leak in my third bathroom (yes my house is old). They came out on less than 24 hours notice and fixed the issue.  Responsive, fast, and follow up. Ten thumbs up." John T.

Plumbing Emergencies

8/16/2016

 
Another 5 star review!

"My sewer was backed up. Called them at 4:30 pm on a Saturday. The guys arrived about 10 mins later. They snaked the line for a while and couldn't get it unclogged. They came back on Sunday morning at 8:30 am and tried to snake the line again. They determined the problem was a collapsed sewer line. This part blew my mind. They felt the ground for vibration, pulled the snake and stretched it out, and began to dig. They found the line and the problem  almost immediately. The hole was four feet deep and five foot long. The guys fixed the damaged section and were on their way. The price was fair as far as I was concerned and well below what they estimated. I will us these guys again in the future." - Todd C. (via Yelp!)

Reno Plumbing

8/2/2016

 
Check out this wonderful review from one of our clients!

"Wallace was a pleasure to deal with. He kept it straight and was extremely personable. He fixed several leaking pipes, installed a new double clean-out, and reinstalled a sewer pipe that was installed incorrectly. He was always on-time and his workers were awesome in cleaning everything back up. I will call him up anytime I need a plumber!" - Jeff B. (via Yelp)

    Van Allen Plumbing

    Van Allen Plumbing offers residential and commercial services in all phases of plumbing throughout the greater Reno/Sparks area.

    Text 775-530-7850

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Van Allen Plumbing Reno
Van Allen Plumbing
Address:
190 W 5th Ave
Sun Valley, NV 89433
Phone 775-530-7850
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Clogged Drains And Toilets 
Emergency Services 
Garbage Disposals 
Hot Water Dispensers 
Hot Water Heaters 
Partial And Whole House Repiping 
Patio And Storm Drains 
Pipe And Tank Locating 
Plumber Reviews 
Sewer And Drain Line Inspections 
Sewer Line Detection 
Tankless Hot Water Heater 
Water Service Repair 
Veteran-Owned Plumbing Business Reno, NV
Veteran-Owned Business
We are now certified for Mobile Homes
We are now certified for Mobile Homes
We are now licensed to work on mobile homes
Plumber Warranty Reno
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NV LIC # 67868
CA LIC #620656
  • Complete Plumbing Services
  • Water Heater Installation
  • Hydro Jetting
  • About Us
  • Careers
  • Contact