While renting has its perks, you could start building equity in your business if you could get a commercial loan to buy your space. In addition to paying thousands of dollars each month into your landlord’s investment, there will always be uncertainty regarding if they’ll renew your lease when it ends and how much higher your new rent will be. It can be hard to plan for the future of your business without knowing if you’ll even be in the same location in a few years. Learning how to get a commercial real estate loan could help you save money, build equity, and commit to a long-term plan for your business.
Buying a multi-family property could become the best or worst financial decision you’ll ever make. The right property can generate cash flow with minimal effort, while the wrong one can quickly drain it. Investors face significant pressure to make the right decision, which is only compounded by the significant and growing competition for these properties. You need to know how to evaluate a multi-family investment property to spot a great deal and move in on it before someone else does.
Qualified Opportunity Zones represent a new, yet little-understood frontier for real estate investors. There are more than 8,760 designated qualified opportunity zones in all 50 U.S. states, territories, and overseas possessions, many of which are located in downtown cores that have been the focus of recent redevelopment efforts. Opportunity zones offer substantial opportunities for investment that you can begin taking advantage of today. Find out how to find them and how to identify the ones that are best suited to your investment strategy.
A tenant improvement allowance can be a powerful incentive that helps bring quality businesses to your building. However, not all tenants are able to pay for their improvements upfront, which means they can’t make full use of an allowance. Knowing how to amortize tenant improvement into rent can make such allowances feasible for your business and potential tenants if they weren’t before. Find out how to do this in your own building to expand the range of tenants you can attract.
The Las Vegas commercial real estate market has been thrown into uncertainty by the global COVID-19 pandemic. Investors are now faced with a series of unprecedented challenges as businesses adapt to the nature of the highly-contagious virus and attempts to mitigate its effects, including social distancing requirements and shutdowns. However, not all commercial properties impacted by COVID-19 face the same challenges. Learning how each sector may be affected by the pandemic can help you make the right investment decisions if you’re thinking about buying commercial real estate in Las Vegas.
Are you interested in finding a property to showcase your goods or services to consumers? Due to online shopping’s prevalence, you may be wondering what kinds of opportunities are available in brick and mortar spaces. However, many businesses continue to thrive by providing a unique experience that online shopping simply can’t offer, with some online retailers shifting to open physical locations. Learning about the local market, the types of pressures retailers face, and the unique advantages they have can help you find the right spaces for your business or portfolio.
Executing a build-out or modifications for an existing building can be a challenging, complex, and costly process. If you don’t have experience with construction, you probably don’t even know where to begin. However, it might be necessary for your business, even when you take the risks into consideration. Knowing your office build-out costs can help you decide if you really are better off with new construction or if you should lease a different space.
Multi-family properties are popular investments, because they can serve as appreciating assets that yield reliable streams of income. However, finding a property that provides value can be a challenge if you don’t know what to look for or how to obtain financing. The Las Vegas and Henderson markets have an abundance of multi-family properties to choose from, but it can be difficult to get started. Once you learn how to buy a multifamily property, you can begin your search for the one that will ideally complement and grow your portfolio.
If you need a space for your new business or are taking your current business to the next level, then it is a safe bet you will be signing a commercial lease. There are several types of commercial leases, making it important to know what you are getting into before you sign that contract. Read on to learn about the responsibilities a commercial tenant will have to assume upon signing of a lease.
If you are new to the process of buying commercial property, you’ll want to know a property’s cap rate (short for capitalization rate) before purchasing it. Simply put, this metric will let you know ahead of time the potential of a real estate investment. This article will help you understand exactly how a cap rate works, how to calculate it, and when it’s indicating a property can serve as a good investment.