8 Ways To Use Your New Commercial Property for 2022!

October is here, which means that we’re in the home stretch of 2021! Now is the perfect time to look ahead at your commercial property goals for 2022. 

Our property experts in Harlingen will help you lock down the ideal property to turn your entrepreneurial dream into a reality. Whether you’re thinking of investing in an apartment building or a hotel, the opportunities are endless.

Now, sit back and read about 8 different ways to use your new commercial property for the year ahead.

 

How To Use Your Commercial Property in 2022 

 

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Often, these commercial properties include duplexes, townhomes, and apartment complexes, such as:
    • Duplex, Triplex, and Quadruplex Properties: These types of properties are essentially multi-family homes that share two or more units within the same building. 
    • Garden Apartments: These commercial properties are usually 3 or 4 stories high with 50 to 400 units. They typically do not have elevators and will always have shared spaces of yards and land space.
    • Mid-Rise & High-Rise Apartments: These apartments are mid- to high-rise when they have 12 or more stories. You may want to consider building some mid- to high-rise apartments in Harlingen!
Invest in the next Marriott or Four Seasons Hotel for the city of Harlingen. Consider using your commercial property for full-service, limited service, or extended stay hotels. Help give tourists and visitors a place to stay in Harlingen.
Consider turning your commercial property in Harlingen into an office building! There are various classifications of office buildings that you may take into consideration, such as:
    • Central business district office buildings: Consider office buildings closer to downtown Harlingen.
    • Suburban office buildings: You can also use your commercial property to build large mid-rise office buildings further away from the city center.
Consider using your new commercial properties to create spaces for retail, such as shopping centers, regional malls, or smaller community retail centers.
If you’re starting a business and need a place to manufacture, assemble, and build your products, consider using your commercial property in Harlingen to build an industrial building.
    • Heavy manufacturing: Often, these buildings house heavier machinery.
    • Light assembly: These buildings may house a mix of manufacturing, assembly, and office spaces.
    • Flex warehouse: These buildings are for both industrial and office spaces.
    • Bulk warehouse: Usually 50,000-100,000 square feet, these industrial property buildings are made to store and distribute products.
Mixed-use commercial properties are usually a mix of office, residential, multifamily, retail, or industrial buildings. Here are some ideas to help you:
    • Create a blend of mid or high-rise apartments with various retail spaces below.
    • Use it for an assembly and office space in one place. 
    • Be creative with your commercial property in Harlingen, Texas. 
Your commercial property can also be used for a variety of reasons:
    • Agricultural land is used for animal farms, ranches, and pastures. 
    • There are lands available known as infill or brownfield land, used for development but are now vacant and available for other uses.
There are many other uses for commercial properties, such as:
    • Movie theatres
    • Zoos
    • Stadiums
    • Sports fields
    • Amusement parks
    • Entertainment purposes

 

If you are an entrepreneur looking to buy land to make a commercial property, reach out to our dedicated team today to learn more about how we may help you! via @SRCLand #sellerfinancedland #commercialpropertyinharlingen #HarlingenTX
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At SRC Land, we help people with seller financing and loan servicing. We urge any entrepreneurs looking for their next commercial property investments for 2022 to contact us right away. Your dream is waiting for you at one of our commercial properties for sale in Harlingen, Texas.
 

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A Guide to Creating a Rental Property in Harlingen

Rental properties are a great business that can become a consistent source of income if you make the investment.

If you’re considering developing a rental property in Harlingen and don’t know where to begin, our property experts at SRC Land can help! Let us share a few essential tips to consider when investing in a rental property.

 

What Is a Rental Property Business?

Entry-level real estate businesses begin with rental properties. These types of investments are likely to give you a high amount of income in return. 

Investing in a rental property involves leasing one or more units to tenants for a monthly rental charge and any additional monthly or yearly fees. You can choose to handle all of the rent collection and maintenance yourself as a landlord or hire a property management company to work on all the details for you. 

 

Tips to Consider When Developing a Rental Property

 

1. Research

First and foremost, investing in a rental property requires a good amount of research, whether you’re a novice or experienced. Be sure to research the types of rental properties you are interested in and take any laws, regulations, and taxation into consideration. 

Rental properties are part of the real estate market, so focusing on where the market is going will benefit your investment in the long run. Knowledge is power, hence researching every aspect of your investment will get you far and help you reap the most rewards!

2. Picking a Niche

Rental property businesses often come in many different shapes and forms to take in mind. Each niche requires its own set of rules, regulations, and strategies. Two of the more popular niches to consider looking into are:

        • Long-term rental properties: These rental properties are also known as traditional rental properties. This form involves renting to tenants on an annual or month-to-month basis. Benefits of long-term rental properties include consistent income, easier to manage (yourself or with the help of a property manager), and you may have tenants pay for utilities. 
        • Short-term rental properties: An excellent example of a short-term rental property is Airbnb. Short-term rental properties may offer higher income potential, require more hands-on maintenance, and you may have the ability to change your pricing at will.

3. Networking

Networking is a significant step to help you create a successful rental property. Consider joining a local real estate investment club, association, or group.

Our property experts at SRC Land are a great way to begin the process of networking. With their knowledge and help, you can start searching for commercial properties for sale in Harlingen. 

4. Location

Part of researching requires knowing the details of the location you wish to begin your rental property business. The entire real estate market depends on it! Luckily for you, SRC Land will help you pick the right location for your rental property.

Currently, SRC Land serves the following areas:

        • Harlingen
        • Rio Grande
        • Los Indios
        • La Feria
        • San Benito
        • Rio Hondo
        • Donna
        • Los Fresnos
        • Brownsville
        • Houston

5. Financing

If you are an entrepreneur looking to buy land to make a commercial property, reach out to our dedicated team today to learn more about how we may help you! via @SRCLand #sellerfinancedland #commercialpropertyinharlingen #HarlingenTX
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We make it possible to purchase properties with our seller financing options thanks to low down payments and affordable monthly payments. We help make it possible for people with bad or no credit to own land and make their business goals a reality in Texas.

Our seller-financing will help you by offering:

        • Lower prices
        • Personalized terms
        • Low-interest rates
        • Quick & cheap closing
        • Financing regardless of credit
        • No requirements for mortgages

6. Organize/Systemize

As a new rental property owner, you will need to have a system in place for your tenants. Various things to consider are applications, credit, and background checks. Consider organizing multiple systems in place for each process before it’s time to rent out your rental property. You can do this yourself or hire a property management company or manager to help you out!

7. Make a Business Plan

The key to beginning your own rental property business is a business plan. Some essential vital points when making a business plan for your rental property are:

        • Vision: To have a vision is to have a mission. Keeping your vision secure will help you pave your path towards success.
        • Income Goals: Knowing how much wealth you wish to make will ultimately depend on the vision you have in mind and the niche you choose. 
        • Structure: A rental property may need an excellent team to help you fulfill your vision. Consider hiring a team of experienced people that will help manage and bring success to your rental property.
        • Marketing: Figuring out how to spread the word about your new rental property is as essential as knowing your vision. Utilizing intelligent marketing tactics, like social media or word-of-mouth, or hiring a marketing team, will help reach more people looking to rent. 

 

Invest in Rental Property with SRC Land Today

Starting a rental property is an exciting journey to take on, and our property experts at SRC Land are here to help you find the perfect property for you! With our knowledge and expertise, we will help you take advantage of our seller financing options to make your dreams a reality and start you off on your path to becoming the best rental property owner you can be. 

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Begin Your Country-Living Dreams and Build Your Own Ranch! Choose This Property in Rio Grande City Now Before It’s Gone!

SRC Land has the perfect tract of land in the outskirts of Rio Grande City for you to begin your own ranch and agricultural operations. This property for sale offers a great amount of space for your dream ranch or the perfect, spacious home for you and your family.

And remember, you don’t have to have a perfect credit score to become a landowner. Contact SRC Land or click here to learn more about our seller-financing options.

 

Property Highlights

This property is located on W Elizondo Ave, right off Old U.S. 83 between S Charco Blanco Rd and S Cox St, and it has immediate access to the U.S. Highway 83 and several commerces, parks, and restaurants.

Las Brisas Ranches 2 contains two properties for sale: A 50-acre tract for $270,000 and A 48-acre tract for $220,000. With plenty of affordable monthly payment plans and seller-financing options, these lots could be yours in a fraction of the time it would take to acquire through traditional lenders/means.

And as a bonus, these acres of land for sale in Rio Grande City offer a lot of space quite near downtown.

Amenities Nearby

With a low cost of living, lots of space, and an agricultural lifestyle, you can find a lot of the following amenities nearby:

Schools

  • Ringgold Middle School (3.3 miles away)
  • IDEA Rio Grande City (4.5 miles away)
  • John & Olive Hinojosa Elementary School (4.8 miles away)
  • Dr. Mario E. Ramirez Elementary School (5.4 miles away)
  • Rio Grande City High School (5.7 miles away)

Restaurants

  • Texas Cafe (1.2 miles away)
  • La Taqueria De Guanajuato (1.5 miles away)
  • The Cake Parlour Sweets & Eats (1.7 miles away)
  • Okashi Sushi Bar & Seafood (3.3 miles away)
  • La Parrilla Restaurant Tacos y Más (4.8 miles away)

Groceries

  • Canales Drive-In Grocery (1 mile away)
  • Siempre Grocery (1.5 miles away)
  • AJ’s Grocery (1.9 miles away)
  • H-E-B Plus! (2.6 miles away)
  • Salinas Grocery (4.8 miles away)

Hospitals

  • Rural Health at Starr County Memorial Hospital (2.6 miles away)

Spacious Property for Sale in Rio Grande City. Reach Out to SRC Land Today!

Whether you’re looking to start a small farm or for a spot to build your dream home, Rio Grande City is the perfect place to set your family roots. Surrounded by quiet neighborhoods, these lots for sale are a great investment for anyone interested in residential or commercial properties.

Talk to a SRC Land representative today to buy this land! We’re here to help you acquire the appropriate land for your needs. Contact us today to acquire more information regarding this amazing land in a great city!

Learn more about this particular lot and our easy seller-financing options today!

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Issues When Building Your Dream Home

Building your own home from scratch can come with great perks. When you custom build, it’s your choice what sort of luxuries you want to enjoy, however, taking on such a major endeavor is bound to come with a fair share of challenges.

At SRC Land, we believe everyone should be properly informed when it comes to building their dream home.

If you’re looking to settle down in Harlingen, but worry you won’t have your finances in order to make the purchase, contact our team of real estate experts to learn more about our seller financing options.

We are here to help you make your dream house a reality.

What are Common Issues When Building a Custom Home?

Look at your home design from different angles. Consider your current and future lifestyles. Be sure to meet with professionals and avoid poor design choices that can make your home downright impractical.

Unlike pre-built or semi-custom homes, each fully custom home presents its own unique set of challenges. It’s important to work with a trustworthy builder and architect. Custom designs tend to require professionals with well-honed skills and experience, which allow them to anticipate and solve the many problems that can arise during the building stage.

Issues Between Design and Budget

The best way to resolve this issue is to avoid it altogether. Oftentimes, a landowner designs their dream home without consulting a professional and before determining if their budget is sufficient for all their wants and needs.

The trick is to bring a builder or architect early in during the design phase so they can provide accurate quotes for every design version. If your home design and budget do not coincide at any point, you will know before it’s too late.

Delays

Delays are already common in real estate but custom builds can pose more problems. A delay in securing a permit is a very common reason houses take longer to build than expected.

Understanding the permit securing process and even why you need them can help to accelerate the procedures.

First of all, your builder should take care of all permits, licenses, HOA approvals, and inspections. Confirm with your builder that this is within the contract and inquire from the start about city permits, HOA approvals, processes, and timelines. Second, permits never take the amount of time you think they should—they take longer. This is frequently due to heavy paperwork involved in issuing them.

Another common reason for delays is decision making and shipping of materials, which takes us to the next issue.

Decision Fatigue

Cabinets, sinks, countertops, flooring, hardware, fixtures—virtually every aspect of your new home will require you to make a decision on, and then the materials will need to be ordered. If your material of choice is out of stock, it can take weeks or even months before your order can be fulfilled.

For some, the decision-making process can be overwhelming. Give yourself plenty of time to explore your options and do research on the interior design you wish to go with. Once you have a style in mind, stick to it. This will make it easier to make a decision when your first option is not available. Frequent mind-changing is known to be the number one reason for delays.

Knowing the risk for decision fatigue, builders and architects can provide you with preselected options that match your vision.

Poor Space Planning

When you are looking at your home’s blueprints, try to imagine doing a walk-through. Remember to take your lifestyle and habits into consideration. Think long-term to see where you will be and what you will need from your home.

Pay attention to where you place your closets and recreation rooms. There should be one closet in each bedroom and in the main hallway. But do you really need that man cave? Too many underused storage or recreational spaces can take away from living space.

Shortcuts

People believe brand-new homes are free of major issues. However, shortcuts and cover-ups for mistakes during such a huge production commonly linger below the surface of a new home.

Poorly cut door frames, misleveled floors, or something insignificant as a misplaced electrical outlet, can make a corner of your home completely uncomfortable.

These are only some of the possible difficulties you could encounter when building your custom home. Always consult with your professionals of choice for advice when building on your land.

If you’re looking for the perfect lot in Harlingen to build your dream house, the real estate experts at SRC Land can help you find and buy the right spot for the right amount.

Call us today to learn more about our seller-financing mortgage options.