Commercial Real Estate Agent Fresno

A commercial real estate agent is someone who can help you find a property to invest in. Troy McKenney is a commercial real estate agent who has served Fresno as a senior vice president with Newmark Grubb Pearson Commercial since 1987, specializing in commercial properties, investment sales, investment analysis, buyer/seller representation, lease negotiations, and landlord/tenant representation throughout the Central San Joaquin Valley. McKenney has successfully negotiated hundreds of lease and sale transactions in Fresno. He began his commercial real estate career in 1986 as director of property management for a local property management company.

Commercial Real Estate Agent Fresno

What does a Commercial Real Estate Agent Do?

A commercial real estate agent is the mediator between you and the investment world. When you are investing in property, it’s often required that you use a commercial real estate agent to negotiate your trades or buy and sell through an agent. A commercial real estate agent manages the sales of stocks, bonds, and securities on the financial market. They sell these securities and commodities to clients who are interested in investing in real estate. A commercial real estate agent helps clients make the best investment purchases.

When making a real estate investment, you should understand the types of real estate properties that are available to put money into.

Commercial Real Estate Investments in Fresno:

Commercial real estate mainly consists of office buildings. They can be leased out to tenants such as companies or small business owners for a steady income. Many office space leases are for multiple years, making your income more steady for a longer period of time.

Retail real estate includes shopping malls, strip malls, and retail storefronts. In some contracts, investors can negotiate to receive a portion of sales made at the retail location. This gives the store owner incentive to keep the property in good condition.

Industrial real estate can be anything from warehouses to distribution centers. They are generally long-term agreements between the investor and the leaser.

About Commercial Real Estate Investing

Real estate investing is when you purchase, own, manage, or rent out a piece of property for profit.

Investing in real estate, if done at the right time and for the right price, usually provides better returns because the real estate market is predictable.

The San Joaquin Valley is one of the most affordable areas in California, making it easier to come up with the money to make the investment.

  1. Assemble all your paperwork – bank statements, pay stubs, social security card, retirement accounts, driver’s license, etc…
  2. Use a real estate investment broker and an accountant to make it easy to understand everything.
  3. Get pre-approved for a loan
  4. Have at least a 20% down payment – the higher the down payment, the lower the interest rate

To determine whether or not to invest in a property, you have to look at the rent ratio. If you are paying more for the mortgage that you can rent the property for, then it’s not a good investment. Make sure you can rent the property for more than your monthly payments.

Available Investment Properties

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ABOUT MCKENNEY INVESTMENT PROPERTIES

Troy McKenney has served as a senior vice president with Newmark Grubb Pearson Commercial since 1987, specializing in investments, sales and leasing of commercial properties.

With over 30 years of experience in the industry, Mr. McKenney understands the various aspects of managing, operating, buying, and selling commercial real estate.

McKenney Investment Properties is a team of people established to assist buyers and sellers with the sale and purchase of commercial properties.

Because the successful sale/purchase of a commercial property takes a team of people, the McKenney Investment Properties team also has working relationships with marketing specialists, title companies, lenders, appraisers, property managers, contractors, and inspectors. In many transactions, these professionals can be critical to a successful transaction.