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In many commercial properties, useable space and rentable space differ meaningfully. The useable space is the area the tenant exclusively occupies. Rentable space, by contrast, includes common areas such as elevators, hallways, lobbies and public restrooms. If you are...
Before you choose a building for your business, understand that commercial real estate is an entirely different world from residential real estate. In fact, many first-time business owners are not even aware that there are different varieties of commercial leases to...
Whether a person is looking for an investment or a business opportunity, the current commercial real estate market remains in flux due to an uncertain economic climate. This impacts financing for both the buyer and seller of properties. This environment also increases...
It is the nature of human beings to want a good deal. Given how commercial real estate can be very expensive, many potential property buyers look toward distressed commercial property to hopefully save money. For a multitude of reasons, distressed commercial property...
Investing in commercial real estate is a different process as compared to investing in residential properties. For instance, a common feature in commercial real estate absent in residential is a letter of intent. You will not always use a letter of intent, and when...
When you invest in a rental property for the first time, you may need to think beyond a traditional mortgage. Fortunately, those purchasing apartment buildings and rental homes can take advantage of a few creative financing options. Consider these loan types when...
A condo or condominium is a confusing type of property. It is like a hybrid of an apartment and a house. Understanding what you get when you buy a condo can help you to know if this is the type of property you want to invest in. According to Realtor.com, a condo is a...
You may find that your home business has outgrown the kitchen table. Perhaps you are ready to launch your boutique or coffee shop. To meet your needs, you may want to lease space in an office building or shopping center. Forbes offers tips for companies wishing to...
Florida is a great location to start renting out housing to tenants. Still, being a first-time landowner is a thrilling and scary first step no matter where you start. As you set off on your venture to become a landowner, you want as much knowledge and as many tools...
When you want to buy a home, you may be up against some competition, especially if it is a good market. To be the one who gets the home in the end, it can help to sweeten the deal with some earnest money. Forbes explains that earnest money is what you give when you...