Unlocking the Door to Special Purpose Properties: A Real Estate Expert's Guide
Unlocking the Door to Special Purpose Properties: A Real Estate Expert's Guide
Have you ever driven by a beautiful church or school and wondered about the possibility of converting it into a cozy home, stylish restaurant, or daycare center? Think again! These buildings are known as special-purpose properties and are designed for specific use. They are a unique asset class in the world of commercial real estate and require a specialized set of skills to navigate.
Marsha Benjamin is a real estate expert who specializes in finding special-purpose properties for her clients, particularly pastors or teachers looking to open a church or daycare center. Her journey began with her own experience in the special purpose childcare industry and evolved into a career in real estate.
Special purpose properties, including churches and daycares, are considered commercial properties and are more complex transactions than residential properties. They require a specific set of zoning regulations and permits to operate, making them a unique challenge to find and purchase. As Marsha says, “These properties are not commonly for sale. They are owned by schools or churches for a long time, and only come up for sale when there is a specific reason.”
Working in the special-purpose property niche requires not just real estate expertise, but also business support. Marsha guides her clients through the educational requirements to open a daycare center and the licensing process. She is a wealth of knowledge, providing her clients with all the necessary information to ensure that they are successful in their endeavors.
One of the biggest challenges in the special-purpose property niche is competition. When these properties do become available, they are highly sought after. That’s why Marsha helps her clients be financially prepared and ready to move quickly when the opportunity arises. It’s all about being proactive and seizing the moment!
So, what does it take to succeed in the world of special purpose properties, including churches and daycares? It takes a specialized set of skills, a passion for the industry, and a willingness to put in the work. As Marsha says, “Success is up to the agent. While the brokerage can provide resources and support, it ultimately comes down to the agent’s self-motivation.”
Unlocking the door to special-purpose properties requires a real estate expert who knows the industry inside and out, especially when it comes to churches and daycares. Marsha Benjamin is that expert. She is passionate about helping her clients find the right location that meets business and zoning regulations. With her help, you can unlock the door to your dream property!
Schedule a FREE coaching call: coaching.freedomchaserspodcast.com
Don't forget to reach out to Marsha Benjamin:
Facebook: https://www.facebook.com/profile.php?id=100068745575527
Email: marsha.benjamin+1@1stclassagents.com
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