You can earn a lucrative income in the real estate development industry, but most people who gravitate towards this career do so because they enjoy making deals or because they enjoy creating. That means they are prepared to take bold risks in all aspects of property...
Even the surest business venture comes with unforeseeable risks. Disruption in the supply chain might leave production facilities idle for months and push a company to the brink of insolvency. A few poor hiring choices could lead to a substantial drop in quality and...
It’s exciting to start your own business – whether it’s something that you’ve been planning for ages or something that happened after a sudden spark of inspiration. However, operating your own business does carry some potential risks. You can end up in a legal dispute...
Along with residential property values, commercial property values have climbed in recent years. For some, this may have been a dramatic increase in value. But it does appear that things are beginning to change. For example, a report that came out just last month...
You may have found the perfect location for your business – but now you have to hash out the details of your lease with the potential landlord. Unlike residential leases, almost everything in a commercial lease is up for negotiation. That includes certain “use”...
You may have been told by someone you know not to invest in property because of some problems they had with commercial real estate. While you can’t know for certain if you’ll have the same issues, you may be able to resolve some of that tension by separating fact...
Most entrepreneurs and new business owners will invest in at least minimal coverage when they first start operating their companies. However, like homeowners and drivers, business owners may become complacent too quickly about the kind of coverage they have. Frequent,...
If you own a rental property, you probably understand that being a landlord comes with its fair share of responsibilities and obligations. Besides collecting the rent, a landlord is also a salesperson, a repairman and a conflict solver. Here are some of the...
You may have a tenant who lives in a multi-bedroom apartment. This tenant may think it’s easiest if they sublet the extra rooms to help pay their rent and save on money. If they can sublet each extra room for half as much as their rent then they’ll be coming out on...
You’ve gradually been building up your real estate portfolio for a few years now. It’s time to make your next move. You’ve spotted an ad and the property seems ideal at first glance. Acquiring the right properties is key to your commercial success, but you also need...
