Florida's vibrant real estate market attracts investors and businesses seeking lucrative opportunities. However, amidst the excitement of making deals, be careful not to overlook the importance of well-crafted contracts. Boilerplate or pre-made, all-purpose contracts...
Month: July 2020
How contingencies help protect your commercial real estate investment
Contingencies are safeguards in commercial real estate transactions. They are legal stipulations that must be met before a deal is finalized. Their importance in protecting investments cannot be overstated. Contingencies provide a way to address potential issues that...
Is it practical to convert offices into housing units?
Real estate investments are not always as lucrative as people might hope. Individuals and businesses looking to rent properties to others have to think about the future demand when planning a purchase. Investing in office spaces for commercial rentals has long been a...
What can impact the approval of a commercial real estate loan?
The process for a commercial real estate loan is like applying for a home mortgage, but they have distinctions, potentially causing complications. Financing commercial real estate is often more challenging because it could cost more and require more paperwork. It can...
4 things to inspect before leasing or buying a commercial property
Purchasing or leasing a commercial property is a big step for any entrepreneur. Since you will be running your operations in the location, you should be extra careful before closing any deal. And one of the steps to take is inspecting the property. Here are four...
Tax deferred exchanges in real estate investing
Real estate investment is a popular way to build wealth over time. However, the tax implications of buying and selling properties can be a significant concern for investors. Tax-deferred exchanges allow investors to defer paying capital gains tax when they sell one...
What does “as is” mean in a Florida real estate contract?
When a seller includes “as is” in the purchase and sale agreement, they mean to sell the real estate property in its current state or condition. It does not mean there is anything wrong with the property. The seller adds this to a contract for convenience because they...
How can you weather the commercial real estate downturn
Commercial property owners have had a hard time over the past few years as demand for office space has dropped. Many businesses have closed, and others have sought to reduce the size of their premises due to increased running costs and less need for space due to more...
Title search: Protect your commercial real estate investment
Discovering a promising property can be the first step toward becoming a property owner. A suitable property often translates into a great investment. This is especially true when it is free of liabilities. As an aspiring investor, it's essential to educate yourself...
What should you know about condo conversions?
Condo conversion in Florida may be attractive for real estate investors. It involves taking an existing multi-family property, such as an apartment building, and converting it into individual condominium units that can be sold separately. Condo conversion isn't...
