Commercial tenants often underestimate the importance of establishing a good relationship with their landlord, however, this is something that as a tenant, you should be prioritizing. Developing (and maintaining) a positive relationship with your landlord will only benefit both parties and in this blog post, we will discuss why. These tips will not only help…
Commercial real estate represents an exciting, often profitable, opportunity for both the veteran and beginning real estate investor. With its higher income potential — and stable vacancy rates when compared to residential properties— commercial real estate investing can be an extremely beneficial addition to an investor’s portfolio. While it’s important to note that there are…
If you’re just getting started in real estate investing, don’t expect to become an expert overnight. Yes, you can make money buying and selling properties, but it’s important to remember that this also takes knowledge, determination, and skill. It also helps to know some of the common mistakes that others make when they start investing…
As a commercial tenant, you may be able to sublease part of your space to a third party. This can be a good idea if your business is downsizing and you have more space, as it allows extra cash flow to help with the rent. If you decide to sublet, it is vital that you…
Commercial real estate is at the top of many investors’ wish lists, and for good reason: it has proven to be a lucrative endeavor time and time again. However, if you want to buy commercial property it is important to understand that increased reward can also mean increased responsibility. That’s why it is crucial to…
With agreements being the cornerstone of most business arrangements, you might be surprised by the number of business owners who continue to ignore the importance of putting it in writing–that’s right, a written contract. No matter how well-intentioned both parties are – weather it’s your tenant, vendor or supplier – operating on a handshake is…
Lease renewal time presents an opportunity for companies to assess their current position as a tenant, revisit the commercial real estate market and use that information to negotiate a better lease agreement. If you position yourself as a well-informed tenant that understands your leasing options and how they relate to the evolving needs of your…
Vacancy is the bane of every owner’s existence. While there are many things that can lead to high vacancy rates, there are specific steps you can take to reduce the vacancy rate of your commercial property. If you are wondering which steps these might be, you are in luck! Reduce the Vacancy Rate of Your…
Investing is a game balancing risk and reward. If you are considering investment opportunities in commercial real estate, there are a multitude of resources to help gain the knowledge you’ll need. Despite the claims from investors on late-night TV with programs to “get rich quick,” investing in commercial real estate can be tricky. It takes…
Vendors and suppliers provide a critical service for any business. In commercial real estate, this service plays a critical role in keeping a commercial building or property up and running, which is your business as an owner. Because of the critical role your vendors play in keeping your business running, it’s important to build (and…