Blog

What Is a Building Condition Assessment?

November 4th, 2020
What Is a Building Condition Assessment?

When searching for commercial real estate, get a building condition assessment.

In commercial real estate, one must have detailed information on the property in question. Without understanding the ins and outs of prospective premises, an investor cannot know for sure how to bid on it nor know what costs will come up later on. In figuring out these details, commercial property investors should conduct a building condition assessment.

Read the rest of this entry »

Should Start-Ups Have Office Space?

October 28th, 2020
Should Start-Ups Have Office Space?

Here’s why every start-up should seriously consider renting office space.

Office spaces have existed for decades, but did you know that these objects, like many other things, pass through trends as well? Just as architectural styles differ through time, office space configurations also change. For the last several years, remote work has become a part of normal work life for most, and this year has only confirmed its viability. If you own a start-up, should you throw the idea of office space out the window? Here are a few reasons why start-ups should have office space.

Read the rest of this entry »

Types of Commercial Property Investment Strategies

October 21st, 2020
Types of Commercial Property Investment Strategies

Need ideas to start your commercial property investment career? Check out these top strategies.

Investing in commercial real estate is a rewarding career that takes a great deal of strategy. There are numerous types of properties in which to specialize, and various ways to go about investing in them as well. Here are some of the most established types of commercial property investment strategies.

Read the rest of this entry »

Why Underwriting Is Crucial for Investors

October 14th, 2020
Why Underwriting Is Crucial for Investors

In commercial real estate, underwriting is a crucial part of the investing process.

Whenever you make a big purchase, you take a risk, whether you are buying a home, buying a car, making a business investment, or buying a commercial property. In any of these situations, you would naturally be wise to limit your risk as much as possible. In personal purchases, this means doing as much research into the product or company as possible. In real estate investing, that research means underwriting, a crucial process for any investor to practice. 

Read the rest of this entry »

Converting Commercial Properties to Residential

October 7th, 2020
Converting Commercial Properties to Residential

Can you convert an office space into a residential unit? Yes! Here’s how.

In 2020, commercial real estate investors need to think of creative and resilient ways to keep their properties’ value high. One of the types of commercial properties that has had the most challenges is office buildings. Many companies are realizing that they can skip the monthly rent and work from home just as well. While there is value to working in an office, you as an investor may have to improvise. Converting commercial properties to residential ones is one possible idea.

Read the rest of this entry »

Benefits of Investing in Storage Units

September 30th, 2020
Benefits of Investing in Storage Units

Investing in storage units can provide stable cash flow.

When considering investing in commercial properties to make a passive income, you have plenty of real estate options from which to choose. Broadly, there are office, retail, multi-family, industrial, and special purpose properties. Each one has its unique benefits for investors. However, if you live in a metropolitan and suburban area like Maryland, there is one particular kind that deserves special consideration. Below are the benefits of investing in storage units.

Read the rest of this entry »

How to Get a Great Commercial Property Deal

September 23rd, 2020
How to Get a Great Commercial Property Deal

To get started in your commercial real estate investing career, you’ll need to do these four things.

Investing in commercial real estate is a fantastic way to make a living, but like all other professions, getting started takes time and effort. It is impossible to encapsulate all that goes into commercial property investing in one brief article, but there are several steps you will need to take in order to land your first golden deal. 

Read the rest of this entry »

Why Office Space Is So Important

September 16th, 2020
Why Office Space Is So Important

Office spaces are important for companies to thrive.

In the age of remote work where remote work is becoming ever more common, businesses are beginning to question whether office space is really necessary. For many occupations, work can be entirely online, with no need to be in one location. However, companies of all kinds can still benefit from having an office space in several fundamental ways.

Read the rest of this entry »

How to Choose the Best Office Space

September 9th, 2020
How to Choose the Best Office Space

Looking for a fantastic office location around Frederick, MD? Clagett Enterprises can help!

The office your business operates out of is more than just space to work. It is a statement about your company and brand, a sign to future employees about your culture, and a means of either improving or demolishing employee morale and productivity. A lot rests on the space. So when it comes time to upgrade or move, it is not a decision to be taken lightly. Of course, there are questions about the value of buying commercial property versus renting, but there are also other factors you need to consider so that you choose the best office space for you and your company. 

Read the rest of this entry »

Choosing a Commercial Management Company

September 2nd, 2020
Choosing a Commercial Management Company

Need a commercial management company? Clagett Enterprises is your full-service manager in Frederick, Maryland, and beyond.

If you are looking for a new commercial property to rent or own, or you already have a location, your next step may be to look for the right commercial management company. Either one of these tasks is no easy feat, as many realtors and commercial management companies exist all over Maryland, Virginia, and West Virginia. However, with this checklist in mind, you can better choose a commercial management company that will fit your company’s needs.

Read the rest of this entry »