Blog categorized as Newsletter

Office buildings are excellent commercial properties to own. One of the most important jobs of a leasing agent for a building with available space is to analyze other buildings to see if any tenant could be induced to move.

Newer buildings may fill up at the expense of older buildings. Since new buil...

09.01.26 08:43 AM - Comment(s)

Property managers must always think about the type of tenant that is most likely to reside in that particular building. For example, when apartments in a project rent for $16,000 to $24,000 per year, tenants will be concerned primarily with quality shelter. This means a safe, clean, efficient buildi...

09.01.26 08:41 AM - Comment(s)
The purpose of any real estate appraisal is to determine the market value of the property being appraised. The handbook of the Appraisal Institute defines market value as;

“The most probable price which a property should bring in a competitive and open market under all conditions requisite to a fair ...

09.01.26 08:40 AM - Comment(s)

Getting familiar with real estate terminology can help investors ask better questions and communicate more effectively. It can also make it easier to go through the acquisition process with confidence. Knowing a few key commercial real estate terms can make it easier to compare investment opportunit...

09.01.26 08:39 AM - Comment(s)
A purchase-option contract lets the buyer-optionee purchase a property at a specific price within a certain period of time. If the option is exercised, a closing is held and the property is purchased at the price previously agreed upon. There is no legal obligation to buy the property. But, if the o...
08.01.26 02:48 PM - Comment(s)