Subcontractors, suppliers and design professionals build or improve interior or exterior spaces for commercial use. These are complex jobs that involve business agreements, schedules, and hard work, so the businesses involved deserve to get paid for their effort. Even...
Does it make sense to convert your apartment building into condos?
There are many benefits to owning a rental property, but perhaps it is time to sell. The first thought may be to sell the building as-is to another landlord. On the other hand, owner-seller may turn a more significant profit on their investment by converting the...
Due diligence is necessary when purchasing a rental property
Many find it desirable to add a rental property to their asset portfolio. It provides revenue not tied to the peaks and valleys of the stock market. Not only can it passively generate rental income and cash flow, but it ideally will also appreciate. There may be...
6 things to consider when buying a commercial building
Whether you’re considering buying a commercial property to serve as your business premises or you are an experienced real estate purchaser, you should perform due diligence before purchasing a building. Due diligence essentially means learning all the things you would...
What belongs in a commercial real estate purchase agreement?
You want to either sell or buy commercial real estate in the Metroplex. Before you strike a deal with the other party, do you know what to include or look for in the contract? It's important to understand the essentials of protecting yourself and your investment with...
Considering a major commercial real estate purchase?
During the pandemic period, much of the commercial real estate market dropped through the floor. We’re still seeing the effects, with empty storefronts and disputes over leases. Things are heating up. Supply and demand being what they are, this could be a great time...
High yields, fresh opportunities attracting investors to landlords
If you are a landlord, the past year has been an immense challenge. Office and retail spaces, restaurants and hotels have had to face a reality in which no one is using this real estate. Uncertainty in the market has made it hard to get financing, even for properties...
Frustration of purpose/impossibility of performance lease clauses
If you’re a commercial landlord, these last few months have probably been challenging. Not only are many of your tenants unable to make their lease payments, but some may no longer see a reason to renew. Meanwhile, your expenses haven’t gone down. There may not be...
Avoid these common mistakes when purchasing your first home
Buying a home for the first time is an exciting moment, but it is also one of the most important financial choices you will make in your life. All of the necessary behind-the-scenes work can cause you to feel overwhelmed and rush into deciding on a home. Letting your...
How can real estate investments grow your wealth?
We’ve all heard that real estate is a great investment, but the market is always swinging. With the real estate market constantly at extremes, is it still true? Yes. When it comes to return on investment, real estate is usually still a good bet, as long as you pay...
