If you have decided to purchase a commercial property with the intention of leasing it out as an investment, you should know that there are multiple types of lease agreements for these properties. Some leases put the onus for regular operating expenses on the tenant...
Month: August 2020
3 tips for buying a property as-is
Buying a parcel as-is is often a cost-effective way to become a home or property owner. If you go this route, you accept the property in its current condition without asking the seller to make repairs or concessions. Still, purchasing an as-is property may leave you...
What does a commercial lease include?
From industrial space to retail store locations to office buildings, there are many types of commercial real estate. There are also many types of commercial real estate leases that a potential lessee should understand prior to signing any contract. Some commercial...
4 details you may want in a residential lease agreement
Purchasing a rental home, duplex or other rental property can be a valuable investment, but a difficult relationship with your tenants can complicate things. What happens if they don’t care for your property? What if they move in a relative that you would not have...
Is purchasing property with an easement a bad idea?
When shopping around for a secondary home or investment property in Florida, buyers may come across easements. Easements are common in real estate, but certain types may be cause for concern. An easement is a legal arrangement that allows another party to use a...
Beachfront property in Florida presents risk to investors
Florida’s coastlines are known for their world-famous beauty. Retiring individuals and real estate developers purchase these properties for access to passive and reliable income. However, recent research has revealed that Florida’s coastlines may no longer be the...
What is passive income?
While the idea of making money while you sleep is always tempting, passive income is not quite that easy. Earning passive income is easier than, say, building a mud fence in the rain or rolling a heavy stone up a hill for the rest of eternity. Truth be told, passive...