When renting, you should always make sure that you completely understand your lease before you sign it. In addition, it is essential to understand your rights and what things a landlord may include in a lease and what he or she cannot include in the lease. When you go...
Month: October 2020
What are tips for homeowners insurance?
As a homeowner, you already know that insurance provides crucial coverage in difficult situations. Many experts argue that you should absolutely not own a home without insurance, with strong arguments to back their position. Thus, with the assumption you opted for...
What is a commercial property’s load factor?
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...
What kinds of commercial leases are there?
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...
Current Issues in the commercial real estate market
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...
What should I know about distressed commercial property?
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...
What is a letter of intent?
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...
Financing options for rental properties
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...
What is a condo?
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...
Tips for tenants leasing office or retail space
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...
