When buying commercial property, you will also need to have a good understanding of the loans that are available to you. This will allow you to navigate your purchases with more accuracy and speed, eliminating potential dead ends before they can hinder you. If you...
Month: November 2019
What are the benefits of purchasing a rental for college students?
If you are considering a multifamily building, you may want to consider your prospective tenants. While some people choose to rent to families or the elderly, others may choose to rent towards young people, including college students. According to Appfolio, owning a...
What should you know about earnest money?
The housing market is often brutally competitive especially when it's in good form. When you are trying to outbid and overtake stiff competition, it helps to have a few things on your side, such as the introduction of earnest money into a deal. But what is earnest...
What should I look for on my credit report?
Having good credit is essential if you want to secure a loan to buy residential or commercial real estate. Before you approach a lender, consider acquiring a copy of your credit report. Some people have found unwelcome surprises on their reports that have impeded...
How can I avoid commercial zoning trouble?
Before purchasing or leasing commercial property, it is vital that you understand what zoning ordinances apply to that property. One of the biggest mistakes that newer commercial purchasers and lessees make is to assume that since a previous occupant used a commercial...
3 Tips for entrepreneurs who are eyeing real estate development
If you are an entrepreneur who has been eyeing real estate development for your future investment plans, you are not alone. Around the world, an increasing number of investors are taking an interest in this wealth-building tactic, and for good reason: Real estate is...
What should I know about subleasing commercial property?
The majority of Americans are familiar with the process of subleasing in residential property. In this instance most people call it “subletting,” and it is the process of the original lessee of the property contracting with a new lessee and the landlord. Commercial...
What are some pros and cons to renting out my condo?
If you are looking to split your time in different locales, renting out your condominium unit may help you cover payments in your absence. Particularly if you live in a very desirable area, renting out your condominium could even make you some profit. However, it is...
What are some traits of a good rental property?
In many ways, it may seem like being a landlord is ideal. After all, all you need to do is purchase a property and find somebody to live in it, right? Alas, the situation is not that simple and not all properties are profitable plums. There are many things you must...
Some possibilities involving all-cash real estate transactions
The demand for real estate in Florida created a surge in all-cash offers from buyers eager to purchase the limited number of properties available. As reported by the South Florida Sun-Sentinel, Broward County's all-cash transactions for April 2021 numbered 435, an...
