In this age, America has seen the steady decline of the shopping mall. Competing with online sales, malls have less traffic than they used to. Are they worth keeping up? Most definitely yes. Not only are shopping malls needed in our society, but they also make great commercial real estate investments. Below is an outline of why this is the case.
As a landlord, you will most likely run into the problem of a guest who is staying longer than he should. It can be easy for someone to slip into a rental legally, but continue to camp out there longer than is comfortable. It is important to catch these incidents early on, to know the law, and to establish a guest policy before this issue ever happens.
The coronavirus will likely still be around for an indefinite time, yet businesses must reopen at some point soon. All across the United States, people are starting to reopen their shops, offices, and more. The time to get back into business is near. One must go into it cautiously, of course, which is why a reopening checklist may come in handy. While these guidelines are just suggestions, it may help you spark some ideas as the time draws near.
Attracting and retaining tenants in a commercial property of any kind always remains a challenge for commercial property owners and managers. With several key practices, however, relating to building maintenance and relationships with tenants, you can attract tenants that will form a healthy community.
Investing in commercial real estate is a lucrative way to make a living. When done wisely, it can help you reap a sizable income and also provide premium space for tenants to live or run their business. If you are interested in investing in commercial real estate, you will likely run into the challenge of finding a promising property in which to invest. Make sure you can check off these items before you decide on a property.
Property management is a beneficial service for landlords who have multiple tasks on their plate and need assistance with their commercial property. However, it’s often not so easy to find truly stellar property management to look after your high-occupancy abode. Here’s what you need to know in order to discover the best property manager out there.
Moving into a new apartment is an exciting endeavor, rift with adventures in living on one’s own. However, while enjoying your new habitat may be enthralling, safety is a necessary aspect to consider even before choosing a place of residence. Property managers and landlords have to keep on top of numerous safety precautions for apartment buildings of which prospective and current tenants should be mindful.
It has been five weeks since WHO declared the novel coronavirus to be a pandemic. Since then, the United States has done a fabulous job of acting as responsible citizens and keeping as safe and healthy as possible. “Social-distancing” is an enormous part of the equation, and people continue to practice this in better ways. For property managers overseeing the health and safety of apartment buildings, the challenge to keep apart is likely greater than in a suburban area. Below is a list of coronavirus tips specifically concerning social-distancing.
It has been four weeks since the W.H.O. declared the coronavirus to be a pandemic. The government directive for Marylanders is to stay home, only to leave to get groceries and other essential items like medicine. The smaller your dwelling is, the harder it may be to stay sane. With Easter approaching next Sunday, those in apartments may especially wonder how they can celebrate the holiday. Have no fear: there are several ways a family can enjoy Easter in stride.
The whole world is fighting valiantly against the much-reported novel coronavirus. Who has not heard about its effects on the world? One of the areas it impacts which people are most concerned about is business. Essential businesses remain open, which, for landlords, is good news. However, at least some tenants in Maryland are indeed suffering financially. Landlords can work together with tenants to fight victoriously.