Reduce Commercial Property Vacancy Rate in 8 Steps
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…
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How to Choose a Commercial Property Management Firm That’s Right for You
In today’s complex real estate markets, selecting the right commercial property management firm is one of the most important decisions investors can make. Trained, experienced, and creative real estate managers…
6 Tips on How to Find the Right Tenants for Your Commercial Property
You’ve searched for the perfect commercial investment space, gone through the necessary steps to purchase it, and suffered through lengthy renovations and building improvements. After months of hard work and…
Five Commercial Property Management Myths Disproved
Don’t Be Fooled… From handling the day-to-day operations to tenant sourcing and screening, the fact is that a good commercial property manager, for many busy owners, is a true lifesaver.…
How Personalized Property Management Saves Time and Money
As an owner, you likely know that your prosperity hinges upon your ability to create a personalized experience for new and existing tenants. However, developing a strategy to accomplish this…
How to Create an Effective Vendor Management Process
A key factor in any successful commercial real estate business is the vendors the stakeholders work with. However, many business owners underestimate and underinvest in the management of their suppliers.…
How to Establish a Positive Relationship with Your Tenants
While keeping tenants happy and satisfied is critical to the success of any investor, one of the common mistakes that owners make is failing to foster a great working relationship…
Benefits of Hiring a Professional Property Management Team
Whether you’re interested in a future venture of investing in commercial real estate or you currently own commercial property and would rather have someone else handle the details, you should…
Disaster Management Planning
Various unwelcome situations can occur during the implementation of a construction project. Undesired circumstances such as extreme weather events, industrial accidents and technical failures, can cause significant damage to a…
How to Properly Prepare an Operating Budget
In this post we outline key financial components that should be analyzed and assessed to properly prepare an operating budget for a commercial property. This is no easy task, and…
