Hello!Welcome to the November Newsletter for  Black Diamond Realty!
2017 is quickly racing into the final two months. The days often seem long while the weeks, months and years fly by. Our fast-paced world is filled with an abundance of peace, joy and happiness which can often feel overshadowed by the overwhelming negativity in media coverage. 

Thanksgiving allows us time to reflect on all the positive aspects of our life. It is also a time be thankful for our loved ones closest to us. Like you, we want what is best for our families. Financial security and stability are part of the equation. Income producing, commercial real estate assets can be a great wealth building tool that provides an alternative source of income while providing some unique benefits over other investment opportunities. The bullet points below highlight some of the key perks in real estate investing.

  • Appreciation: Similar to other investments, you are aiming to buy low and sell high. Real estate is the same. It is important to complete proper research and due diligence on any investment asset to understand the risks. We are proponents of buying across stable, diversified (there’s that word again) markets. We also like value-add opportunities.

  • Cash Flow: As is the case with a blue chip stock that pays a dividend, your goal in purchasing an investment property should be to have a monthly surplus of cash after all expenses are paid. Value-add opportunities offer room for cash flow growth.

  • Tax Benefits: Nobody likes paying taxes. Real estate offers effective, legal ways to lower your yearly tax exposure. Two of the most prominent tools include depreciation and interest. These are paper write-offs allowable by the IRS. When you receive “an offer you cannot refuse,” remember/consider four important numbers: Under Section 1031 of the United States Internal Revenue Code, a taxpayer may defer recognition of capital gains and related federal income tax liability on the exchange of certain types of property. This allows you to effectively kick the can down the road and leverage into larger assets over time.

  • Building Equity: As an owner of leveraged real estate, every month, you will write the largest expense check (in most cases) for your LLC in the way of a mortgage payment. This is a positive thing; you are building equity in yourself. That’s right; think of your mortgage payment differently. You are leveraging other people’s money (banks, alternative forms of financing, etc.) to make money. Each monthly payment results in a slightly lower overall balance, which means you are building your net worth.

We live in a world of abundance with a lot to be thankful for. From our family to yours, we wish you a Thanksgiving filled with joy and laughter.  
Mixed-Use Commercial Building
Morgantown, WV

Located at 160 Fayette Street, between Chestnut Street and High Street in the downtown area of Morgantown, this 23,497 square foot mixed-use building is situated steps from the West Virginia University Downtown Campus.

  • 15 private newly renovated office suites located on the ground floor and part of the second floor
  • 16 apartments/5 sleeper rooms located on the second, third and fourth floor
  • Fully leased commercial basement space
  • Strategically located one block from two transportation options:
  • University Avenue parking garage
  • WVU's Chestnut Street PRT station
Dollar General Anchored Asset
Clarksburg, WV

Located at 1201 S. Chestnut Street, this 18,748 square foot building is 100% occupied by four tenants, Dollar General being the anchor. The property is situated on a corner lot between Route 98 and Chestnut Street.

  • 18,748 SF building on 1.45 acres
  • Tenants include: Dollar General (9,168 SF), Casey Carpets (5,616 SF), Buffington Photography (1,920 SF), and Grandma Cookie's Hot Dog Express (630 SF)
  • The intersection in front of the complex sees roughly 10,337 vehicles per day (WVDOH, 2012)
  • 2.5 miles from Route 50 and 4.5 miles from I-79, Exit 119
Class A Commercial Buildings
Bridgeport, WV
Located off I-79, Exit 119, Cambridge Place is a class A office park with seven buildings totaling 47,192 (+/-) square feet. Buildings can be sold individually or together.

  • Cambridge Place Office Park: 7 class A buildings
  • National tenants
  • Easy access to major thoroughfares
  • Convenient parking for employees and clients
  • Located within one mile of I-79, Exit 119 (Route 50)
West Run Storage Units
Morgantown, WV

Located at 95 Ackerman Road, this 4.84-acre lot is improved with eleven self storage buildings containing 121 individual storage units ranging in size from 50 to 540 square feet.

  • Eleven total buildings containing 121 individual storage units
  • Sizes: 50-540 square feet
  • Fenced property with four-digit access code via key pad entry
  • Land use in the immediate area is predominately residential/student housing
We want to make it as easy as possible for our clients to find exactly what they are looking for. Whether it be for office, industrial, retail, land, or investment, we take pride in all of our offerings and believe each one has something special. Click the images below to see what's new in our inventory.  
“Real Service. Real Value. Real Results.”