If you're new to commercial real estate, or investing in real estate period, you may not be aware that there are four market phases that you need to get to know quite well. Fortunately, they aren't difficult to understand, but they play a tremendous role in what's hot, what's not, and what type of real
Whether you own a restaurant, a bed and breakfast, or a nightclub, there are definite strategies that you can implement among your business and employees to reduce employee attrition rates and attract lots of patrons. It's really true that a healthy - or unhealthy - workplace begins at the top, so if you don't have
Everyone loves the idea of buying an old place and fixing it up, particularly somewhere historic - and the potential for a enviable and successful business such as a hotel, bed and breakfast, movie theater, or old-time restaurant exists! People love history and culture, and they love to go to anywhere with a theme -
Embarking on a commercial property loan is a business adventure, and like most adventures, it is filled with a lot of unknowns. If it's your first time buying commercial property, consulting a CPA or financial firm is never a bad idea - after all, this is your livelihood you're discussing. Although it's tempting to buy
Owning a commercial building means that it typically comes with more energy usage than a regular residential dwelling. This is expected, but if you are concerned about the carbon footprint or the bill (or both!) that more energy consumption brings, there are ways to combat the overall energy use. Over time, it is a good
There's a lot of reasons that your building can develop a funky odor, and it always needs to be investigated. Sometimes it can be due to serious problems - mildew and mold, which can be hazardous to your health, or perhaps some type of rodent infestation, which can be even worse. Maybe you have some
If your commercial business is fortunate enough to have the space and overhead for an indoor pool, you should consider one. Many companies consider it part of a wellness perk for their employees, and if you are selling or renting a building that could be used in the hospitality business, indoor pools are a huge
When buying commercial real estate property, it's definitely worth doing a little digging to find out what environmental threats may be an issue with the property. Some may be able to be mitigated, but some may be so overwhelming that they are a health danger and may make you take a hard pass. When you're
If you're in the business of buying or selling commercial property, and especially if you are the property manager of commercial property, you are no doubt aware that there are some common problems that seem to occur time and time again and may be harming your business. The vacancy rate of commercial property in the
A roof is a huge investment - and one you can't get around if you want to protect your home. While a shingled roof traditionally lasts twenty years or so, there are extreme conditions that can make them succumb to the elements much faster than normal, such as high winds, extremes in temperature, and pest
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