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People who own commercial real estate usually need at least one loan from a bank or another source. If you ask to borrow money from a bank, the loan application process can be long and tedious. Because business owners typically ask for higher amounts of money, the bank must do its due diligence before…

With more aspiring entrepreneurs looking to launch their businesses, you might notice an increased interest in leasing office space. This trend offers property owners like yourself a chance to earn passive income from your investment. Since you’ll be permitting others to use your property for a specific period, it’s crucial to have a contract…

When buying commercial real estate, it is crucial to consider more than just finances. Understanding a property’s environmental impact is equally important. Disregarding environmental rules can lead to severe consequences, especially for commercial property owners. Penalties such as hefty fines, cleanup costs, business disruptions and even criminal charges make environmental due diligence a must…

Owning and operating a commercial property can be an excellent investment for business owners. One of the factors you need to consider when purchasing your property is the location. Understanding the transportation infrastructure, economic standing, job market, accessibility and population trends in the area where your property is located can help you make an informed…

Real estate investors have varied reasons for buying a property. They could be looking for residential properties they can use as vacation homes or commercial buildings they can lease to business owners. There are also times when real estate investors consider buying properties with conversion in mind—turning a residential property into a commercial one, or vice…

As a landlord or tenant, your responsibilities go beyond just the day-to-day upkeep of your property. You must also ensure that your establishment is accessible to everyone in compliance with the Americans With Disabilities Act (ADA). This means making modifications, if necessary, to keep your space inclusive, allowing people with different abilities and needs…

Overdue rent from large tenants can have a domino effect, especially when these payments are crucial to your cash flow. In Texas, there are a few ways you can recover unpaid rent. However, your business relationship with the renter may influence your approach. Speaking to the tenant Start by talking to your tenant directly….

In the world of commercial real estate, which describes properties used for business purposes (instead of personal purposes, for example), there is a term called “assignment of leases.” Let’s say you own a building for which you got a loan from a bank, and you rent space in your building to businesses. It could…

Purchasing a commercial building is a major life milestone whether you are a seasoned investor or are interested in buying your first property. For new and established investors, countless factors must be addressed when purchasing a property. Failing to conduct the proper research could cause you to make common mistakes that are otherwise easily…

Understanding zoning and land use laws is crucial to effectively leasing your property. These laws govern what you can –  and can’t – do with your property, from a business or development perspective. Zoning and land use restrictions directly affect the appeal of your commercial property to potential tenants. This brief guide will help…