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...
Hollywood Real Estate Law Blog
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...
Why should you increase your title insurance coverage?
Title insurance offers a layer of financial protection when defects arise concerning the property's title, such as unresolved mortgages, liens and other legal action involving the land. Most property buyers treat it as another requirement usually included when closing...
How zoning laws can impact your real estate deal
If you're looking to purchase real estate for an investment, it's essential to be aware of the local zoning laws. They can affect the type of business or even the colors you can use to paint your building. Understanding these laws can help ensure you don't lose money...
What should a commercial lease include?
Commercial leases can be beneficial for all parties. The owner of the building can receive a regular income and the tenant can build their business on the premises. Nonetheless, commercial leases are only as effective as their terms and clauses. What should a...
Comparing types of rental properties for first-time investors
Investing in Florida rental properties can be lucrative, but first-time buyers often grapple with the decision of which property type suits their investment goals best. Overall, the choice of rental property type depends on your investment goals and preferences....
