{"id":1311,"date":"2016-09-14T13:26:11","date_gmt":"2016-09-14T13:26:11","guid":{"rendered":"http:\/\/www.jacksonholerr.com\/blog\/?p=1311"},"modified":"2016-09-14T13:26:11","modified_gmt":"2016-09-14T13:26:11","slug":"six-tips-for-adding-value-to-a-jackson-hole-real-estate-commercial-or-investment-property","status":"publish","type":"post","link":"https:\/\/www.jacksonholerr.com\/blog\/six-tips-for-adding-value-to-a-jackson-hole-real-estate-commercial-or-investment-property","title":{"rendered":"Six Tips for Adding Value to a Jackson Hole Real Estate Commercial or Investment property"},"content":{"rendered":"<p class=\"p1\"><span class=\"s1\">Here are six tips from our Jackson Hole Real Estate Broker, Ron Miller, \u00a0to add value to a Jackson Hole commercial or investment real estate investment. Ron has invested in several hotels and other commercial ventures as well as rental homes and condo properties in Jackson Hole and is the leading expert in the field.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">1. A good investment property at a fair price in Jackson Hole can be fairly valuable to an investor that is smart and good at it. It is important to put together great terms and price in the original contract. Ron believes he makes most of his gains the day he enters into a contract if he accomplishes getting the right price and terms.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">2. Use a great local Real Estate attorney that is good with drafting complex contracts to protect your interest. Using the typical boilerplate commercial real estate form in Wyoming and an agent with little experience to draft a complex Jackson Hole real estate contract is not a wise move and can be a detriment to getting a deal done right.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">3. Good negotiation skills as a buyer or seller in Jackson Hole Commercial Real Estate are very important when purchasing or selling. The more experience you have it helps as you address concerns in all the complex due diligence matters that arise. Using a highly skilled expert Realtor like Ron Miller is huge to get through tough negotiations with buyers and sellers. You can never pay a broker enough that has expert skill sets according to Ron.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">4. Ron also recommends putting the buyers and sellers together if at all possible. It is an advantage not to have to relay a message that may be misinterpreted by the other party due to 3rd party miscommunication or inexperience.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">5. Have a plan for the property the day of closing. Ron immediately works on increasing the revenue stream and cash flow day 1 on a newly acquired Jackson Hole commercial property. It is amazing what a fresh coat of paint, re-carpeting and decorating can do to improve revenue and the value of a property in 1 week. Ron prefers to buy properties that need a little amount of reasonable work at a lower price and get it done quickly after closing.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">6. Ron immediately puts his property management team on the newly acquired property he buys to promote the new improved rental property on his website <a href=\"http:\/\/jacksonhlole.net\/\"><span class=\"s2\">jacksonhlole.net<\/span><\/a>. He says it is amazing how you can change a toad into a prince quickly to add value in both revenue and market share value depending on market conditions. You can see more about the property management at <a href=\"http:\/\/propertymanagementjacksonhole.com\/\"><span class=\"s2\">propertymanagementjacksonhole.com<\/span><\/a><\/span><\/p>\n<figure id=\"attachment_1312\" aria-describedby=\"caption-attachment-1312\" style=\"width: 300px\" class=\"wp-caption alignnone\"><a href=\"http:\/\/www.jacksonholerr.com\/blog\/wp-content\/uploads\/DSCF4004.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-1312\" src=\"http:\/\/www.jacksonholerr.com\/blog\/wp-content\/uploads\/DSCF4004-300x225.jpg\" alt=\"Commercial Investment Property Jackson Hole Wyoming\" width=\"300\" height=\"225\" srcset=\"https:\/\/www.jacksonholerr.com\/blog\/wp-content\/uploads\/DSCF4004-300x225.jpg 300w, https:\/\/www.jacksonholerr.com\/blog\/wp-content\/uploads\/DSCF4004-768x576.jpg 768w, https:\/\/www.jacksonholerr.com\/blog\/wp-content\/uploads\/DSCF4004-1024x768.jpg 1024w, https:\/\/www.jacksonholerr.com\/blog\/wp-content\/uploads\/DSCF4004.jpg 1280w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><figcaption id=\"caption-attachment-1312\" class=\"wp-caption-text\">Commercial Investment Property Jackson Hole Wyoming<\/figcaption><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>Here are six tips from our Jackson Hole Real Estate Broker, Ron Miller, \u00a0to add value to a Jackson Hole commercial or investment real estate investment. Ron has invested in several hotels and other commercial ventures as well as rental homes and condo properties in Jackson Hole and is the leading expert in the field. &hellip; <a href=\"https:\/\/www.jacksonholerr.com\/blog\/six-tips-for-adding-value-to-a-jackson-hole-real-estate-commercial-or-investment-property\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">Six Tips for Adding Value to a Jackson Hole Real Estate Commercial or Investment property<\/span> <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":7,"featured_media":1312,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1311","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Six Tips for Adding Value to a Jackson Hole Real Estate Commercial or Investment property - Jackson Hole Real Estate Company<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.jacksonholerr.com\/blog\/six-tips-for-adding-value-to-a-jackson-hole-real-estate-commercial-or-investment-property\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ron Miller\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.jacksonholerr.com\\\/blog\\\/six-tips-for-adding-value-to-a-jackson-hole-real-estate-commercial-or-investment-property#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.jacksonholerr.com\\\/blog\\\/six-tips-for-adding-value-to-a-jackson-hole-real-estate-commercial-or-investment-property\"},\"author\":{\"name\":\"Ron Miller\",\"@id\":\"http:\\\/\\\/www.jacksonholerr.com\\\/blog\\\/#\\\/schema\\\/person\\\/508cf6303547d47e3f2b05709b965769\"},\"headline\":\"Six Tips for Adding Value to a Jackson Hole Real Estate Commercial or Investment property\",\"datePublished\":\"2016-09-14T13:26:11+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.jacksonholerr.com\\\/blog\\\/six-tips-for-adding-value-to-a-jackson-hole-real-estate-commercial-or-investment-property\"},\"wordCount\":465,\"image\":{\"@id\":\"https:\\\/\\\/www.jacksonholerr.com\\\/blog\\\/six-tips-for-adding-value-to-a-jackson-hole-real-estate-commercial-or-investment-property#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.jacksonholerr.com\\\/blog\\\/wp-content\\\/uploads\\\/DSCF4004.jpg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.jacksonholerr.com\\\/blog\\\/six-tips-for-adding-value-to-a-jackson-hole-real-estate-commercial-or-investment-property\",\"url\":\"https:\\\/\\\/www.jacksonholerr.com\\\/blog\\\/six-tips-for-adding-value-to-a-jackson-hole-real-estate-commercial-or-investment-property\",\"name\":\"Six Tips for Adding Value to a Jackson Hole Real Estate Commercial or Investment property - 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He has extensive knowledge of listing and selling Jackson Hole real estate and has been a top-producing real estate broker in the area for over 25 years. Ron started his career as an expert ski guide at the Jackson Hole Mountain Resort in 1983 and soon after became involved as a real estate buyer's and seller's agent. The incredible scenery, relaxing lifestyles, and of course the skiing is what drew Ron to Jackson Hole. One unique characteristic of Ron's is that he is a real estate broker and also an active investor. Being an investor himself gives Ron a perspective that only investors with skin in the game can have. Ron has personally owned dozens of rental properties and several businesses in the Jackson Hole Area. In addition to the real estate and property management businesses, he currently owns and manages a 15 room boutique motel, the Miller Park Lodge, and Jackson Hole Reservations, LLC, an established central reservations company that assists visitors to the area with lodging and activity bookings. Because of Ron's deep knowledge as an investor and of the Jackson Hole area in general he is highly skilled in assisting buyers to find just the right residential property or commercial property to meet their needs. His integrity and professionalism create an excellent agent-client relationship. Many buyers come to Jackson Hole to invest in part because of the tremendous tax advantages of doing so. Wyoming does not have state income taxes for owners declaring residency in Teton County. Because of this, Wyoming has become the top pick for wealthy people searching for exclusive resort real estate. There are also other tax advantages to owning real estate in Jackson Hole when owners turn their property into a business and rent it out on the short term vacation rental market. Ron has more than 20 years of experience in property management and Jackson Hole Real Estate Company, LLC has a dedicated team to manage vacation rental properties. Ron understands the investment opportunities in the Jackson Hole condominium markets well. He can assist buyers in understanding all of the benefits of owning vacation rental properties. Ron has a fun loving wife and four children. As a family, they enjoy skiing, bike riding, hiking, and fly-fishing. The family refers to the Tetons as their backyard. Contact Ron at ron@jacksonhole.net.\",\"sameAs\":[\"http:\\\/\\\/www.jaksonholerr.com\"],\"url\":\"https:\\\/\\\/www.jacksonholerr.com\\\/blog\\\/author\\\/ronniejacksonhole-net\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Six Tips for Adding Value to a Jackson Hole Real Estate Commercial or Investment property - Jackson Hole Real Estate Company","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.jacksonholerr.com\/blog\/six-tips-for-adding-value-to-a-jackson-hole-real-estate-commercial-or-investment-property","twitter_misc":{"Written by":"Ron Miller","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.jacksonholerr.com\/blog\/six-tips-for-adding-value-to-a-jackson-hole-real-estate-commercial-or-investment-property#article","isPartOf":{"@id":"https:\/\/www.jacksonholerr.com\/blog\/six-tips-for-adding-value-to-a-jackson-hole-real-estate-commercial-or-investment-property"},"author":{"name":"Ron Miller","@id":"http:\/\/www.jacksonholerr.com\/blog\/#\/schema\/person\/508cf6303547d47e3f2b05709b965769"},"headline":"Six Tips for Adding Value to a Jackson Hole Real Estate Commercial or Investment property","datePublished":"2016-09-14T13:26:11+00:00","mainEntityOfPage":{"@id":"https:\/\/www.jacksonholerr.com\/blog\/six-tips-for-adding-value-to-a-jackson-hole-real-estate-commercial-or-investment-property"},"wordCount":465,"image":{"@id":"https:\/\/www.jacksonholerr.com\/blog\/six-tips-for-adding-value-to-a-jackson-hole-real-estate-commercial-or-investment-property#primaryimage"},"thumbnailUrl":"https:\/\/www.jacksonholerr.com\/blog\/wp-content\/uploads\/DSCF4004.jpg","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.jacksonholerr.com\/blog\/six-tips-for-adding-value-to-a-jackson-hole-real-estate-commercial-or-investment-property","url":"https:\/\/www.jacksonholerr.com\/blog\/six-tips-for-adding-value-to-a-jackson-hole-real-estate-commercial-or-investment-property","name":"Six Tips for Adding Value to a Jackson Hole Real Estate Commercial or Investment property - Jackson Hole Real Estate Company","isPartOf":{"@id":"http:\/\/www.jacksonholerr.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.jacksonholerr.com\/blog\/six-tips-for-adding-value-to-a-jackson-hole-real-estate-commercial-or-investment-property#primaryimage"},"image":{"@id":"https:\/\/www.jacksonholerr.com\/blog\/six-tips-for-adding-value-to-a-jackson-hole-real-estate-commercial-or-investment-property#primaryimage"},"thumbnailUrl":"https:\/\/www.jacksonholerr.com\/blog\/wp-content\/uploads\/DSCF4004.jpg","datePublished":"2016-09-14T13:26:11+00:00","author":{"@id":"http:\/\/www.jacksonholerr.com\/blog\/#\/schema\/person\/508cf6303547d47e3f2b05709b965769"},"breadcrumb":{"@id":"https:\/\/www.jacksonholerr.com\/blog\/six-tips-for-adding-value-to-a-jackson-hole-real-estate-commercial-or-investment-property#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.jacksonholerr.com\/blog\/six-tips-for-adding-value-to-a-jackson-hole-real-estate-commercial-or-investment-property"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.jacksonholerr.com\/blog\/six-tips-for-adding-value-to-a-jackson-hole-real-estate-commercial-or-investment-property#primaryimage","url":"https:\/\/www.jacksonholerr.com\/blog\/wp-content\/uploads\/DSCF4004.jpg","contentUrl":"https:\/\/www.jacksonholerr.com\/blog\/wp-content\/uploads\/DSCF4004.jpg","width":1280,"height":960,"caption":"Commercial Investment Property Jackson Hole Wyoming"},{"@type":"BreadcrumbList","@id":"https:\/\/www.jacksonholerr.com\/blog\/six-tips-for-adding-value-to-a-jackson-hole-real-estate-commercial-or-investment-property#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"http:\/\/www.jacksonholerr.com\/blog"},{"@type":"ListItem","position":2,"name":"Six Tips for Adding Value to a Jackson Hole Real Estate Commercial or Investment property"}]},{"@type":"WebSite","@id":"http:\/\/www.jacksonholerr.com\/blog\/#website","url":"http:\/\/www.jacksonholerr.com\/blog\/","name":"Jackson Hole Real Estate Company","description":"MLS - Property - Investment","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"http:\/\/www.jacksonholerr.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"http:\/\/www.jacksonholerr.com\/blog\/#\/schema\/person\/508cf6303547d47e3f2b05709b965769","name":"Ron Miller","description":"Ron specializes in assisting customers to find the right Jackson Hole property and also helps in the managing of real estate investments for his clients as a property manager. He has extensive knowledge of listing and selling Jackson Hole real estate and has been a top-producing real estate broker in the area for over 25 years. Ron started his career as an expert ski guide at the Jackson Hole Mountain Resort in 1983 and soon after became involved as a real estate buyer's and seller's agent. The incredible scenery, relaxing lifestyles, and of course the skiing is what drew Ron to Jackson Hole. One unique characteristic of Ron's is that he is a real estate broker and also an active investor. Being an investor himself gives Ron a perspective that only investors with skin in the game can have. Ron has personally owned dozens of rental properties and several businesses in the Jackson Hole Area. 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