Posts Tagged ‘ commercial properties ’

Here Are Five Common Primary Types of Commercial Real Estate

Friday, July 15th, 2022

To invest in commercial real estate, it would be wise to know what commercial real estate is. This form of real estate covers a wide variety of properties, that usually gets divided into five categories. Also, each class has its unique subdivisions. Continue reading to learn more about all the different types of commercial real estate. (more…)

4 Tips for Successful Commercial Property Management

Friday, October 29th, 2021
4 Tips for Successful Commercial Property Management Clagett

To be competitive, commercial entity hirers today choose newer buildings with more amenities, so you’ll need to upgrade and renovate.

As a commercial property manager, there is a lot to oversee in a commercial entity. This makes the management of commercial real estate quite challenging, especially for the less experienced. In our bid to help you out, we have compiled four tips to make you succeed in commercial real estate management. 


What is the Commercial Real Estate Load Factor?

Thursday, March 11th, 2021
clagett commercial real estate frederick

A commercial real estate floor plan is essential to calculating load factor.

So you’ve finally decided on a great piece of commercial real estate to settle your office or business into. You hope your business will soon have a place where employees can gather and discuss with ease. However, there are still some factors you need to prepare for financially before jumping straight into a lease or rental contract. You are likely paying for a common area or building use fee on top of a rent charge. This includes areas that all tenants use, like a parking lot, elevators, and hallways. These are added to your monthly rent bill as something known as a “load factor.” Understanding what a load factor is is extremely important for properly budgeting for rent each month and also will help clarify exactly what you are paying for. This article will help clear up the often confusing terms and conditions of commercial real estate load factors. (more…)

Converting Commercial Properties to Residential

Wednesday, 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.


Why Invest in Commercial Real Estate?

Wednesday, July 24th, 2019
Why Invest in Commercial Real Estate?

Looking for a place for your business to call home? Here’s why you should invest rather than rent.

For small to mid-sized businesses, renting commercial real estate seems the natural choice. It’s what everyone does, right? Not so. Purchasing commercial real estate has its benefits as well, and for ambitious entrepreneurs who want to go for the long haul, investing may be the way to go for the following reasons. 


3 Easy Tips for Selling Your Commercial Property

Friday, February 9th, 2018
3 Easy Tips for Selling Your Commercial Property

Before listing your property, consider making a handful of updates and cosmetic improvements to your property that will not only increase its value, but also enhance its image as a potential business location to a buyer.

It is no question that selling a commercial property is a challenge. However, there are several ways to make this process easier as you put your property on the market. If you are in the process of preparing to sell your commercial space, consider these three easy tips to sell quickly and efficiently in the near future. (more…)

4 Sneaky Fees To Watch Out For When Hiring A Property Manager

Thursday, July 20th, 2017
property manager

Find out whether a property manager is best for you!

It is a tale as old as time, sometimes the people we hire for certain services add superfluous hidden fees for things we may not even understand. In real estate, it is no different. If you are looking to hire a property manager to handle landlord responsibilities, it is important to look out for sneaky fees that may end up significantly reducing your profit. (more…)

4 Property Manager Best Practices To Start Using Immediately

Thursday, June 8th, 2017
property managers

There are certain practices all property managers should follow.

Rental property management requires severe organization and skill. As such, when you are fortunate enough to manage multiple properties at one time, the situation could be cumbersome if not well-prepared. In fact, it is important to prioritize the most urgent needs first. As a property manager, it is your responsibility to manage and resolve any lingering or sudden problems that arise. Acting in a proactive way to help all tenants is a vital component of property management. As a result, there are certain tips and tricks of the trade that can help you be the best rental property manager and alleviate some of the insurmountable stress that invariably results. (more…)

3 Tips For Property Managers To Take From The Hotel Industry

Thursday, February 23rd, 2017
property management hotel industry

Resident satisfaction is a priority for property managers.

A luxury hotel experience is something every hotel guest desires. This means excellent customer service and precise attention to detail play a critical aspect of any hotel experience. While property managers provide a living situation that is more permanent than a hotel, there are certain aspects of a hotel experience that can easily be incorporated into the property you are managing. Ensuring that your residents are satisfied is an essential part of managing a successful property. Allowing your residents to feel like they are your number one priority ensures that they will continue to live there. (more…)

Is Commercial Real Estate Investing Right for You?

Friday, July 10th, 2015
Commercial Real Estate can include warehouses, stores, and strip-malls.

Commercial Real Estate can include warehouses, stores, and strip-malls.

Everyone has always heard that real estate is a good investment. But just everything else in life commercial real estate has its ups and downs. Commercial real estate has the potential to make a lot of money but there are some responsibilities that go along with your property. (more…)