The past few years have been harsh for the economy, yet various industries continue to press forward and be fruitful despite the circumstances. The future will not always be bleak, however, and commercial real estate investors in particular. There are plenty of reasons to have a hopeful outlook and invest in commercial property in 2022.
Posts Tagged ‘ commercial property ’
When it comes to selling a commercial property, there are definitely some key nuances and differences that should be thought about to get the most bang for your buck. In fact, maximizing your profit can be accomplished when you take the time to understand the specifics associated with selling any commercial property. The reality is, selling commercial real estate can even be a relatively lucrative career choice as well. Ultimately, being prepared for any potential surprises associated with commercial real estate can allow you to work effectively and efficiently to resolve any issues that do arise. Here are the most helpful tips to consider when it comes to effectively and efficiently selling commercial real estate property. (more…)
When it comes to investing in real estate, understanding the unique differences between owning commercial property and residential property can inform your decision-making process for your investments overall. There are some key perks that come with owning commercial property compared to residential properties. The reality is, investors are always on the hunt for the best real estate that’ll provide them with the maximum return on their investment. Ultimately, owning commercial property can really be a great way to boost your investment portfolio and so much more. Here are the unique perks associated with owning a commercial property versus a residential piece of property.
As a landlord, investor, or property manager, you can have a lot on your plate. Even with many years in the field, there is always a new experience to be had. For example, you might have a commercial property that becomes vacant for a period. It can happen for many reasons. If this is a situation you are in, make sure to check off all these boxes in securing your vacant commercial property.
Many Americans work each day tirelessly to accumulate 40 hours a week of work. This lifestyle will probably take up most of their adult lives. While a little vacation here and there is relaxing and refreshing, most people can’t wait for the time to come to spend the rest of their lives not tied to any job or duty. Unfortunately, most people can’t afford to retire until they are already in the elderly stage of life if they can retire at all. But, if smart investments are made at a younger age, it is still possible to retire even at an earlier age than average. One of these investments can be in commercial property ownership. Want to learn more about how commercial property ownership can lead to early retirement? Here’s how it can happen. (more…)
In recent years, converting unused commercial property to residential property has been a trend to make use of already available resources. Stories of taking old shopping malls and making the store spaces into micro-apartments have gone viral. But there is value in the other way around as well. In some areas, especially historic or crowded urban areas, commercial property space is at a premium. One solution is to convert a residence into a commercial property business space. But how does one do this, and is it worth it? Read more to find out. (more…)
Frederick, MD, was once a small, sleepy town situated on the way towards Western Maryland but now is a prime location for buying or renting commercial property. Frederick now helps to form a powerful business triangle with Baltimore and Washington, DC, once the largest cities for employment in the DMV area. Over the last 20 years, Frederick has increased its business and economy to support over 3,500 professional offices and employers. There are hundreds of reasons why Frederick, MD, is a trendy place to locate your commercial property, but here are just a small few to convince you the investment is worth it. (more…)
Commercial office space has nearly become a point of contention in today’s commercial real estate world. Due to current events, companies have shifted even more toward the remote work trend, emptying office buildings completely. However, physical locations in which teams can gather proves to be best for direct communication and even productivity and morale. When office tenants move to a new property, they want several specific things.
Emergencies happen. They come in all shapes and forms, and at all levels of severity. In multi-family apartment complexes, mixed-use office buildings, or condominiums, an emergency can quickly turn into a disaster. Property owners and property managers must be fully aware of all of these possible events and be prepared as fully as possible. In commercial real estate, emergency planning and your choice of property manager are vital.