Gene Bernshtam

Image source: lonelyplanet.com For this blog, Gene Bernshtam answers some frequently asked questions about important residential and commercial real estate trends in San Antonio, Texas. What is happening in San Antonio? It's no surprise that the population of San Antonio has been growing rapidly. Since 2000, it's grown by over 40%, with an impressive 18% since 2010 alone. This makes San Antonio one of the fastest-growing cities in Texas and among the top 10 fastest-growing cities in America. Now home to approximately 1.4 to 1.5 million people, San Antonio has become the second-most populous city in Texas. According to Forbes, some of the largest companies in the U.S., including USAA, Tesoro Petroleum Corp., NuStar Energy L.P., and Valero Energy Corp ., operate headquarters or major divisions in San Antonio. In addition, the city's many military facilities have brought in large numbers of civilian jobs related to supporting them, and an increasingly diverse econo...

  The real estate industry has taken on a different form thanks to millennials, the dominating age group of homebuyers in the U.S. Even with skyrocketing student loan debts, millennials are determined to put in the hard work to save, spend, and invest in their future homes. Image source: foxbusiness.com Millennials make up 85% of homebuyers in the country, and they are sure to take their sweet time before purchasing their first home, shares real estate professional Gene Bernshtam. The research, review, consideration, property viewing, and purchasing process is longer for this age group as they desire to pick out the best home for their needs. Most millennial homebuyers opt for properties that are equipped with new technology. Growing up in the era of smartphones and Internet of Things, they are sure to expect their homes to be run by smart home technology. Unlike generations before them, millennials are likely to skip in-person meetings and property viewings, with the digital...

With years of experience and knowledge in real estate, Gene Bernshtam knows just how rewarding a career the industry can be. Aside from the fact that people will always need space to live in, work in, and do all the things they need to do, the real industry holds a myriad of sound options with which to invest, making it extremely appealing to investors everywhere. Image source: nashvillesmls.com Image source: property24.com.ph Here are some of the options real estate agents can offer investors. Rental properties Rental properties can either be commercial or residential. They are profitable and provide a steady flow of cash, making them the real estate investment of choice for many investors who want to be on the safe side. Types of rental properties include single-family homes, multifamily apartments, and commercial buildings. Flipping Flipping is a real estate term that describes the purchase, development, and sale of a property. What happens here...

The real estate and architecture industries have seen the best and the worst of the decade. However, the two never showed signs of slowing down. As the world enters a new decade, exciting trends both in the market and design are to be anticipated. Image source: rismedia.com Image source: mashvisor.com When it comes to design, homebuilders will still be focusing on developing starter homes. The Great Recession affected the real estate industry immensely as people opted out of purchasing new homes. Now, young people are ready to buy houses again. Millennials will want to settle down and have properties in their names, says Gene Bershtam. The real estate sector is a familiar face to technology. Technology provides developers the chance to have an edge over others, as more and more homebuyers are looking for smart home tech and online home-selling platforms. There will be more listings for luxury homes, especially in Nashville, San Jose, and Seattle. As sellers re...

While investing in commercial real estate has often been touted as one of the best financial moves that investors can make, Gene Bernshtam explains that before doing so, investors need to boost their investment knowledge before making a move. Image source: fitsmallbusiness.com Image source: lovebeverlyhills.com On that note, Gene Bernshtam lists three types of commercial real estate as a basic launching point for people looking to invest. Retail : Retail properties are leased on a triple-net basis. However, the duration of the lease isn’t as long as other properties on this list, which can either be good or bad. One benefit of a short-term lease is property owners can increase their rates if the rates increase in the area. This is something owners with long-lease properties can’t do. However, for retail properties to succeed financially, it should be in a prime location, adds Gene Bernshtam. Industrial : Warehouses, factories, R&D facilities, and other ...