CXRE » Commercial Real Estate

Fair Housing Act and ADA Regulations in Texas

For building owners, property managers, real estate agents, or other real estate professionals in Texas, knowing and complying with Fair Housing regulations and the Americans with Disabilities Act is crucial. Depending on the location of your property, your role in leasing or sales, and the age of the property, you are subject to federal, state, and local fair housing and ADA laws. Here, we are outlining the federal Fair Housing Act and the Americans with Disabilities Act. Also, we explore Texas accessibility standards and Texas fair housing requirements. It’s important to note that some jurisdictions in Texas have additional protections for marginalized groups not covered by federal and state protections. Knowing, understanding, and following these fair housing and accessibility laws is crucial to your success as a real estate professional. Failure to comply with these regulations could result in expensive fees and fines, or potential litigation. The Federal Fair Housing Act In 1968, Congress passed […]

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Technology in CRE Series: Telecommuting

If you feel like life has been turned upside down over the past few months, you’re not alone. Working in a COVID-19 world can be challenging. Luckily, many employers are allowing workers to telecommute, keeping businesses running while still staying safe. In commercial real estate, technology is helping professionals get their work done, even if they can’t step foot in the office. However, many employees struggle to find a work-life balance, particularly as we all continue to adjust to this “new normal.” If you are a CRE professional working from home, we’re sharing popular real estate technology tools that can help you keep up with your workload as you telecommute. Can Real Estate Professionals Telecommute? As COVID-19 spread across the country, more and more businesses moved to “work from home” models. Currently, about half of American workers are telecommuting – double the average from a few years ago. However, even if the virus disappears, experts […]

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5 Real Estate Accounting Best Practices for Investors

For many investors, real estate accounting isn’t exciting. Buying, selling, and managing properties are where the fun is – but bookkeeping? Not so much. However, real estate accounting is where the investing game is won and lost. Keeping track of the money coming in, the money going out, and the data trends is the most critical part of running a successful real estate investment business. If you’re an investor who manages your own real estate accounting, how can you be sure you’re following the best practices? What should you do to stay on top of your expenses? How can you review performance metrics to ensure your properties are profitable? We’re breaking down five real estate accounting best practices for commercial real estate investors. 1. Follow State and Federal Regulations for Real Estate Accounting Real estate accounting can feel tedious because there are a myriad of state and local regulations that will inform how you handle […]

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Getting Back to Work Amid Coronavirus (Free Downloadable Checklist Included)

Reopening Commercial Buildings Safely During the Coronavirus Pandemic As businesses prepare to reopen amid the COVID-19 pandemic, commercial real estate owners and property managers are directing their focus to tenant safety. In-person workforces will require comprehensive health and safety plans to stop the spread of the novel coronavirus. How can property owners and property managers ensure their assets are safe when tenants, visitors, and clients return to work? Please contact your medical experts and legal counsel before adapting your organization or facility, or before using any of these techniques. Follow these guidelines to prepare your properties and protect your tenants: Preparing Your Property From a commercial property standpoint, owners and property managers are responsible for providing a safe place for tenants, their employees, and visitors to work. With that charge in mind, commercial property owners and managers have a variety of options to stop the spread of COVID-19 in their buildings. Inspect and Update the […]

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10 Commercial Real Estate Investing Mistakes (And How to Avoid Them)

Commercial real estate investing has long been a dependable wealth-building tool. Over time, CRE investments tend to perform the same as – or better than – stock market investments. Plus, real estate is often less volatile and less prone to dramatic fluctuations. However, just as with any investment, commercial real estate comes with inherent risks. Mitigating these risks comes down to knowing the most common mistakes and understanding how to avoid them. 10 Common Commercial Real Estate Investing Mistakes (And How to Avoid Them) There is no right or wrong investment, but there is a right and wrong investment property for you. 1. Choosing the Wrong Property Type There are many types of commercial real estate, but the four “main food groups” are Office, Industrial, Retail, and Multifamily. Investors can also purchase raw land, mixed-use properties, special use properties, even storage units and RV parks. Each property type is unique – not only in its […]

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