Commercial real estate is taking a hit but still expects recovery.
The coronavirus has affected every industry and every person in some way or another, and sadly, commercial real estate is also taking a hit. Businesses continue to reopen in Maryland as cases slowly fall, but some business locations are likely to diminish.
If you’re interested in passive income, Clagett could help you fulfill your landlord or investor dreams.
Passive income is always desirable. Who doesn’t love the idea of reaping in wages without doing much work in the long-term? However, some may wish to be more involved in the process. When dealing with real estate, one has many options from which to choose and can take on the role of a landlord or a real estate investor. To see which one might be a better fit for you, read the brief analysis below.
If you want to be a landlord, consider how commercial property could benefit you.
A landlord has options when it comes to real estate. He can take on either residential or commercial properties, with plenty of subsets within each category. While there are numerous benefits in managing residential real estate, commercial property also has its benefits for landlords. See below a few reasons why commercial real estate might be a better fit for you.
Protect your retail properties with the best security measures.
Investors, owners, and property managers are dealing with unprecedented circumstances with their commercial properties, and retail stores are taking a hit across the country in current events. No matter what season commercial properties find themselves in, one must take appropriate measures to maintain a secure system to prevent and reduce damage from internal and external threats. Below are some general retail store security tips to consider for your commercial real estate.
Check these criteria off your list before investing in commercial real estate.
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.
What is a triple net lease in commercial real estate? Here’s what it is and what its benefits are.
In commercial real estate, there are different types of leases that one can agree to sign. One of the more common types of agreements is the triple net lease, also known as NNN. Below we shall discuss what a triple net lease is and its benefits.
Before signing a commercial lease agreement, know what you should expect.
Starting a lease on a new building for your business is a significant commitment. It may be challenging to know where to start. Here, we shall look at factors for choosing a property, what to expect in a commercial lease, and how to know you’re getting a good deal. Overall, this blog post is a brief overview of how to find the right commercial property for lease.
Retail centers are great commercial real estate to invest in. Here are the eight types.
If you are an investor, you can find plenty of benefits in investing in real estate. Retail is one of the types you can invest in, and this in itself has various advantages. Despite the seeming “death of the mall,” brick-and-mortar shopping centers still dot the United States in generous supply. No matter what, physical stores will always have a demand. As you look into investing in this type of commercial real estate, one of the first things you should know is the types of shopping malls out there. As the title implies, there are eight.
The location of your business says a lot about your service. Find out tips to choose that perfect place!
Finding that perfect location for your business means considering a number of factors. You have a great service to offer, and your location needs to reflect that “thesis,” so to speak, of what your business is about. When all the factors center around the mission you want to accomplish, you’ll know better what type of location will suit your enterprise and—literally and figuratively—set it up for success.
Are you looking to become successful in the world of commercial leasing? In this post, we’ll give you the tips to succeed.
Have you been considering becoming involved in commercial leasing? The process is not the most straightforward, which means you’ll need to do some research before you can get underway. But to help you get started, we’ve rounded up some of our top tips to help you along the way. Because there are so many different aspects to consider this list is by no means comprehensive, but it can help you get on the right track. (more…)