Finding the Right Pet For Your Small Apartment

Small apartments can be challenging enough just trying to fit your beloveds in their miniature spaces. But when you want to have a pet come with you? That becomes a whole different matter. So how can you choose a perfect furry companion to join you? Read on for a few tips – some might surprise…

Small apartments can be challenging enough just trying to fit your beloveds in their miniature spaces. But when you want to have a pet come with you? That becomes a whole different matter. So how can you choose a perfect furry companion to join you? Read on for a few tips – some might surprise you.

Closeness is a factor

Two things to consider are how close are you to neighbors and how thick are the walls. If you have an apartment in a corner and you do not really border on anyone, even in a studio apartment, you can have a slightly noisier pet than you might in a dense building with thin walls. Dogs are often territorially protective, and they will bark to ward off potential intruders. Keeping curtains drawn on outside windows is one way to keep them from feeling the need to be defensive.

Small dogs are not always perfect

Some dog breeds like terriers are highly intelligent and active dogs that need a lot of space and stimulation on a regular basis. Parson Russell Terriers, Pomeranians, and Chihuahuas are just some of them. Others are ideal for apartments, breeds like Boston Terriers, Pugs, French Bulldogs, and Malteses. They are called brachycephalic, meaning they have snubbed noses and a harder time breathing in hot conditions or after heavy exercise. They make great small space buddies.

Older is often better

A puppy has a lot of energy that it needs to expend. A small apartment is not always ideal for a puppy even though its size is perfect since it may turn destructive without an outlet for its energy. It needs to have a lot of room to exercise. Retired service dogs or racing dogs like Whippets and Greyhounds are just looking for a good home with a loving pet parent, and they do not need a lot of walking.

Do not rule out the big guys

A big dog might actually be a great companion. As long as you can take him for a long walk or run him in a nearby park, you can have a big dog like a Greyhound, since they are really just big couch potatoes.

Pets other than dogs

Cats are often just fine with a small space, but this is not true of every breed. Some breeds like Siamese and Abyssinians are extraordinarily energetic and require a lot of space and vertical climbing structures on which to exercise. Most breeds, though, are sleepers and will spend as much as 18 hours a day at rest. Ragdolls and Persians are well known for their gentle natures. If you choose to get a pet from a shelter, you can ask the workers for a quiet fur baby and explain that you will be in an apartment. They will have behavior charts and can help you find just the right one.

Birds might be good choices as long as they are not loud and pride to chattering during hours that might upset your neighbors. Their size, however, is perfect.

Pets in tanks are often great choices for small apartments, and do not require a lot of attention to thrive. Fish, lizards, and turtles are ideal, but just check with the apartment manager so you do not violate any rental policies.

The most important thing is to check with the building owner or apartment manager on what the guidelines are for pets. Will there be a pet deposit to have to pay? Is there a restriction on noise or weight? By asking for permission first instead of begging for forgiveness later, you can keep on good terms with the manager, and do not have to give up your newly found family member.

Guide to Renting Commercial Properties

Dubai has emerged as one of the most popular areas for business and living. The city is brimming with well-equipped state-of-the-art offices that are available for rent as well as for sale. – Most companies (especially migrants) prefer leasing and leasing commercial spaces initially before moving to buy spaces for their business. – All firms…

Dubai has emerged as one of the most popular areas for business and living. The city is brimming with well-equipped state-of-the-art offices that are available for rent as well as for sale.

– Most companies (especially migrants) prefer leasing and leasing commercial spaces initially before moving to buy spaces for their business.

– All firms seeking to buy, lease or rent commercial property must have a trade license issued by the Dubai Economic Department (DED).

– There is a difference between renting and leasing. The renewal process and duration are very different for both of them. Any commercial space is rented out for a short period of time (weeks, months or a year) but duration for leasing is longer with a minimum period being a few years and can be extended even up to 99 years.

– When it comes to leasing commercial property, there are four types of options:

a. Gross Lease

It is a very basic lease in which the tenant pays a pre-determined rent every month and the landlord takes cares of expenses like tax, insurance and expenses incurred for maintenance of the property.

b. Land Lease

In this type of contract, only a stretch of land is leased out to the tenant by the landlord. The tenant is allowed to construct a building for its business purpose. At the end of the tenure, the landlord gets his land back along with the constructed building.

c. Triple-Net Lease

The triple net lease is the least popular one of all the lease types as it is expensive for tenants but is very favorable to the landlord. The tenant has to pay rent as well as take care of expenses arising out of paying taxes, obtaining insurance and even maintenance work

d. Modified Net Lease

This kind of lease is the most preferred one of all the lease settings as it is equally beneficial for landlords as well as tenants. All kinds of expenses are shared by both the parties.

– Before renting or leasing commercial properties in Dubai , determine whether you want to operate onshore or in free zones. If a firm wants to operate a business onshore then the company has to share ownership with a local partner whereas the firms get 100% ownership if operating from any of the free zones.

– Sub-leasing is allowed for a commercial property if the tenant has written approval from the landlord.

Dubai's commercial property market has grown by leaps and bounds. The city is a favorable area for business as it is well-connected to the rest of the world and offers earnings that are tax-free.

How to Choose the Right Commercial Real Estate Broker

While finding the right commercial real estate broker it is advisable that you should find one who is capable of finding the right kind of fund that is essential for your smooth business functioning. The fact that these brokers have a good relationship with the lenders is one of the main reasons why you should…

While finding the right commercial real estate broker it is advisable that you should find one who is capable of finding the right kind of fund that is essential for your smooth business functioning. The fact that these brokers have a good relationship with the lenders is one of the main reasons why you should seek help of a reliable broker. This type of broker allows you to save your money and help you to find out a suitable loan that fits your need. Here are a few questions you should ask your favorite broker to find out if he is right for your requirement.

How much money does he like to offer to the borrowers?

The total amount that the commercial real estate broker can provide will often depend on different types of sources that he wants to use for lending purpose. If he can recommend a reliable lender that you require for your loan purpose, then the total amount of fee as well rate that you are eligible to get from the lender will be the next important thing that you should discuss with the broker.

You should consider the total amount of loan that you can get from the lender before you determine to accept the loan offer. If you find out that the fee or even the interest rate seems to be too high, you should ask the broker if he can find out a suitable lender who can offer a high amount of money.

How does he build good relationship with the lenders?

You may consider taking the help of a commercial real estate loan broker because he offers multiple options of funding for the borrowers. The next step is to find out if he can find a suitable lender for the kind of loan that you want to consider for your purpose. You should also ask him if there are other kinds of sources that you can look into for your loan requirement. This type of broker often offers you valuable suggestions related to funding, but it is completely your responsibility to find out if it is suitable for your need.

Does he charge money from the lenders?

Even if you are willing to pay the fee to a commercial real estate broker for his valuable services, he can also get a certain amount of cash from your lender. If your broker allows you to pick up one amongst multiple lenders, it is vital that you should select the lender that does not pay money for this type of broker. You should also try to negotiate with your favorite broker so that you can get a less amount of fee for different services.

Dealing with this type of broker is something that all real estate property owners require to carry out at different points of time. Choosing an ideal commercial real estate broker seems to be an important decision to proceed further.

Commercial Property Management Tips To Generate Revenue

There is an increase in the demand for commercial property. The demand has seen to the rise of such properties with the main intention being to meet the growing demands. The management of commercial property can be challenging considering it is much more than just building maintenance as it used to be years ago. Apart…

There is an increase in the demand for commercial property. The demand has seen to the rise of such properties with the main intention being to meet the growing demands. The management of commercial property can be challenging considering it is much more than just building maintenance as it used to be years ago. Apart from maintaining the business, management also calls for the expansion of the business and generation of revenue. As a property owner, you will need to come up with proper strategies to generate revenue for your business.

Keep up with regular property upgrades

The property features can determine how attractive it is for the clients. Unlike residential management, commercial management requires that you be up-to-date with the latest features to improve the property. This is something that could touch on alarm systems, security surveillance systems, modern pantry features and latest features to generally improve on the rented space. Convenience is important to businesses and it is one of the things that focus on when looking for commercial space. When you focus on compact, convenient solutions, you will have an easier time maintaining and expanding your streams of revenue from the property.

Be swift with property maintenance

There is nothing worse than a rundown building. Employers understand the importance of boosting employee morale and keeping the work motivated and building appearance and state can determine just how possible this turns out to be. Routine property checks are there most important. The key areas that attention should be given to include the signage, parking areas, roofing, plumbing systems, paint and landscaping. Furnishings, fixtures and the walls should also be maintained. When everything is clean, in working order and up to date, the property will remain presentable and professional attracting big clients.

Think of the latest technology

Different technologies offer different problem solutions in the corporate world. Property managers therefore need to be abreast with the latest technologies and how they can improve the property by offering convenience and efficiency to the tenants. Keeping up with emerging technological trends before your competition will ensure you attract premium customers to generate more revenue. Modern buildings with better bandwidth, mobile potential and best workstations for instance are in demand. Find out what trends are best for your commercial building to attract high quality customers.

Keep the communication lines open

Clear communication paths between the property management team and renters are always of great value to any property. Managers who know how to deal with tenants, listen to them and deal with their problems are a great addition to any commercial property. Satisfied, happy clients will keep your revenue streams flowing and this means a management team full of patience and with excellent people skills. It is the only way crises can be facedly calm to find the best solutions to keep everyone happy at the end of the day. Pending waiting to hear what complaints or needs the tenants have as far as the property is concerned, you can come up with simple ways of finding out how satisfied they are with the property for improvement purposes.

Finding An Affordable Office Space Lease: Considerations To Follow

A lot of consideration goes into leasing commercial office space. This is not a small-term or residential lease, so you want to be sure that the space you select is one which will fit your needs as well as your budget. Not sure how to accomplish this goal with certainty? The following three factors are…

A lot of consideration goes into leasing commercial office space. This is not a small-term or residential lease, so you want to be sure that the space you select is one which will fit your needs as well as your budget. Not sure how to accomplish this goal with certainty? The following three factors are important considerations to take note of when leasing affordable office space and ones which will greatly help with the final decision.

Structure and Layout Will Dictate Price

When searching the different office leases, keep in mind that the structure and layout will dictate how much you spend on the overall lease cost. You want to consider if you are going to embark on any structure changes and how much that will cost you. An office which is ready to go and needs little revision to the structure or layout will save you money and be the most cost effective lease arrangement.

Location Is a Determining Factor with Lease Cost

Where your prospective space is located will be a factor in how much you pay. Consider the desired location carefully when you search as this can save money. By moving a short distance away and refocusing your search on a neighboring area, but still one which is beneficial for your business, will oftentimes offer a reduced cost. How much an office space landlord charges for rent will depend on the location and the claims associated with it. If you are considering two different locations, where one will be more cost effective, consider the pros and cons to see if the less expensive location will be just as efficient as the pricier one. This will save money and leave you with an office space location which is reasonable in price and will serve your company just as well.

Lease Terms Can Coincide with a Reasonable Price

Chances are that the landlord will have a set price in mind for the lease. However, this does not mean that terms are non-negotiable. The more beneficial the lease terms are for the tenant, the higher the lease price may be. With that said, the future commercial tenant must always negotiate for the best possible terms and still aim for a reasonable price. No lease terms are concrete and everything is up for negotiation when it comes time to discuss the lease. The tenant should always broach favorable lease terms and seek out an affordable lease cost while obtaining exactly what their company needs in an office lease.

Finding an affordable office lease is not an unattainable goal. It can be achieved by choosing an appropriate structure and layout for your office space, picking the right location which will also be cost effective and making sure that you get all of the lease terms to suit your needs and the needs of your company. Although commercial office space leasing may be competitive in certain areas, there are still plenty of options to choose the best office space lease which will accommodate your company or corporation perfectly without having to pay a fortune.

What You Should Consider Before Starting to Flip Commercial Properties

OK. You've experienced the sweet taste of house flipping success and think you might like to try flipping a commercial property next. After all, what could be so different between the two? But ask yourself this: how long did it take before you were consistently successful at flipping houses? And have you ever noticed -…

OK. You've experienced the sweet taste of house flipping success and think you might like to try flipping a commercial property next. After all, what could be so different between the two?

But ask yourself this: how long did it take before you were consistently successful at flipping houses? And have you ever noticed – there are few, if any, reality shows about rehabbing and flipping commercial properties?

What do you know about …

It's a simple question, but an important one. If your answer is, “Not much,” the first thing to do is become educated about rehabing and reselling commercial properties. You could make $ 500,000-plus in a matter of hours on your investment but there are also pitfalls to avoid.

So before you make your investment, you might plan to:

• Study everything you can find about flipping a commercial property. Find a mentor, someone who has successfully renovated and resold a property similar to your prospective investment and ask for advice. That person also may be willing to partner with you in the flip.
• Understand the workings of the particular business that takes place in your property of interest.

Risk, patience, financing

You also might assess some personal matters, too:

• What is your risk tolerance? Like residential flipping, there is risk involved in each commercial flip and the financial and legal stakes can be much higher.
• What is your patience level? Patience is essential when undertaking this kind of investment enterprise.
• What are your financing options?
o OPM – other peoples' money.
o Financial institution loan.
o Personal resources.
o Partnering with other investors for a joint commercial flip venture.
o A combination of any of the above.

And when it comes to seeking loans, you need all of these qualities: patience, organization, preparation, and follow-up. The loan process is time consuming and can be very frustrating.

Commercial flipping basics

Let's say that you've become educated about this level of invest-rehab-sell process, lined up a mentor or partner (s), and financing. This is a brief summary of your next steps:

• Find a commercial property with a great discount. The less you spend on the purchase and rehab, the better your deal.
• Do your due diligence on the seller, property, location. This information can become negotiating material during the sale process.
• Examine the building thoroughly before you buy it. Look at the location, the type of business the building was intended for, its physical condition, the current staffing and operations.
• Do not fix what is not broken (usually). Determine which changes and repairs should be done to improve the appearance or that are absolutely necessary.
• Resell, keeping in mind that commercial properties are priced according to the cash flow they generate.

This is a final consideration to offer before you embark on your new venture. When you are ready to resell your property, you may achieve a greater profit through realtor representation. A real estate agent experienced in commercial properties can drive a lot of potential buyers to view the property. Yes, you'll pay a commission on the sale, but you also may achieve a better price.

Best wishes on your new venture.

Negotiating Your Commercial Office Space

Commercial office space lease terms can be lengthy, especially when compared with their residential counterparts. However, there always comes a time when a lease term is up and it's time to either renew or look for a new office space in which to relocate. Landlords are often in a better place at this time since…

Commercial office space lease terms can be lengthy, especially when compared with their residential counterparts. However, there always comes a time when a lease term is up and it's time to either renew or look for a new office space in which to relocate. Landlords are often in a better place at this time since they know that it's no easy task to get up and relocate your business business. Therefore, negotiating terms is often on the side of the landlord. With that said, this does not have to be the case, especially if you show signs of interest in moving to a new location.

Look Around at Other Office Space Leases in the Area

When the time comes to renew your lease, you do not want to be scrambling trying to find possible alternatives to your current location. You should know what other options are out there in case you and your landlord can not agree on favorable lease terms with a new lease. Also, by checking out the other alternatives, you are letting your landlord know that you are not 100% set on renewing the current lease, which may make the landlord more likely to offer new lease terms which are more favorable to the tenant in the leasing contract.

Discuss Future Lease Arrangements with Current Landlord Well in Advance

Another easy way to show your current landlord that you may or may not, be renewing your lease with them is to sit down with your landlord and discuss the future lease terms. Before you commit to a new lease with your current landlord, you want to be sure that this will be the best move for you and your company. If your landlord feels as if you have no other option but to stay in your current location, they will be less generous with the lease terms which they offer. You do not want to be put in that position so so be sure to get a feel for what your landlord will be offering if you decide to renew your commercial office space lease .

Utilize the Services of a Tenant Representative

An additional way to let your landlord know that you are searching for other accommodations is to hire a tenant representative. When you utilize the services of a tenant representative, your landlord knows that you are not just going to settle for any and all terms which the landlord offers to you and you will be fighting for the best tenant-oriented lease terms possible. Your tenant representative can help out, no matter whether you decide to renew your current lease or venture out to find a new location in which to set up your company.

As a tenant, you still have flexibility when it comes to getting the best possible lease terms in a renewed lease. Just be sure to explore all options and do not let your landlord believe that you will automatically renew your lease for lack of any other options as this will not help you to obtain the best lease terms should you choose to renew.

How to Get Ahead Financially By Investing in Commercial Property

Think of all the commercial commercials you have heard and seen that admonish / encourage you to start saving money early in your working life. Messages like, “Take advantage of your company's 401k program,” and “Start an IRA program,” are like investment mantras and there is a great deal of wisdom in those messages. But…

Think of all the commercial commercials you have heard and seen that admonish / encourage you to start saving money early in your working life. Messages like, “Take advantage of your company's 401k program,” and “Start an IRA program,” are like investment mantras and there is a great deal of wisdom in those messages. But what also can be important is expanding your mindset to additional investment opportunities like investing in property.

Risk and challenge

Property investing is often described as “high-risk, high-reward.” It may not be the ideal investment plan for the fault of heart. But it can be a good match for the investor who:

• Likes a challenge.
• Has an intense amount of patience.
• Can commit to a hands-on approach to managing the investment.
• Is willing to learn the business of investing in commercial real estate.

Reducing risk

The first “risk” to reduce is a lack of knowledge in commercial property investment:

• Learn all you can about the subject.
• Find a mentor to further your education.
• Consider partnering with a successful commercial property investor.
• Start conservatively.

Next, do not try to invest without help from a commercial estate specialist. The person you work with should be a fiduciary (one who will be working in your best interest). Industry writers recommend that your broker should be a member of the National Association of Realtors and adhere to its code of ethics. Most important of all, your broker / realtor should represent only you – not the seller, or not you and the seller.

Making money on your investment

Getting ahead in commercial property investing is accomplished in several basic ways. Your investment can grow through income and appreciation / selling.

• Income generally comes from rent. It also can be generated if your tenants are required to pay fees for contractual options (like right of first refusal on an adjacent space).
• Appreciation is another investment / money-making option. This is where the adage, “Buy low, sell high,” applies. Experienced property investors will buy the property at a low price, put a finite amount of rehab work into the property, possibly redefine the property to a more marketable purpose, and sell at a higher price. These investors make their money on flipping the commercial property, not on rental income.

Types of commercial estates and income potential

The type of commercial property in which you choose to invest can affect your learning potential. Consider the income opportunities in these properties:

• Motels / hotels located in tourist or major business travel areas.
• New commercial construction can be highly profitable but requires serious knowledge of the industry (and significant financial backing).
• Small commercial properties like strip halls and small office buildings often have long-term contracts.
• Industrial properties include manufacturing sites, distribution centers, and warehouses. A financial plus here is that these tenants are usually responsible for most repairs and maintenance.
• NNN leases are often found in larger businesses and with stable tenant companies that lease long-term (like 30 years at a time). These tenants are liable for all expenses, including property taxes and insurance.

There is money to be made for the commercial property investor who is willing to start slowly, become knowledgeable, be focused, act conservatively, exercise patience, and work hard.

Rarely commercial property investment will be your get-rich-quick ticket. But over time, it can significantly augment your retirement fund or provide you with the financial resources to fulfill other dreams and plans.

How to Select the Best Furnished Suite

If you're visiting another city for an extended business trip or have to stay a while for any other reason, it can be very expensive staying in a hotel for your entire trip. It can also become boring and claustrophobic after a week or so. A better option would be to stay at a furnished…

If you're visiting another city for an extended business trip or have to stay a while for any other reason, it can be very expensive staying in a hotel for your entire trip. It can also become boring and claustrophobic after a week or so.

A better option would be to stay at a furnished suite or apartment, which gives you the feeling of being home while away. You enjoy the same comfort and convenience of home, and it's less expensive since you can prepare your own meals, should you choose to. Most cities have executive suites in various locations, and furnished to suit all tastes.

Before settling for one, here are a few points to consider to make your stay as comfortable as possible:

1. Distance from your workplace

If traveling for work related purposes, you will not be well served staying in a place that's too far away from where you'll be spending most of your time, especially if you're in an unfamiliar city and may not be familiar or comfortable getting around there. Try to be conveniently located near the office so that you waste little time commuting.

2. Budget

Certainly, furnished suites are cheaper than hotels if you're staying in one place for more than a few weeks. These suites typically have a wide range of rates depending on facilities, services and location. Remember to avoid a common mistake and not get temped paying for amenities and facilities you'll never take advantage of.

3. Determine your essentials

Before you start your search and become biased, determine what services and facilities you want to have in the executive suite that you choose. You should know what you're willing to compromise on and what your must-haves are. This way, you will not get swayed by the unimportant stuff and forget what's important.

For example, your must-haves may be Wi-Fi, housekeeping services and laundry services. The rest will depend on your objectives – if you intend to cook you'll want a nicely equipped kitchen, otherwise basic appliances such as microwave would suffice.

Using your list, you can narrow down your choices and then settle for the one that offers the best services for the amount you're willing to spend.

4. Start early and look around

Long before you're due to travel start your research for a comfortable place to stay. Ask friends or colleagues within that city to recommend places and check them out online. Do not settle for the first set of furnished suites that you see because you're left your search to the last minute and have timed out.

Reasons For Due Diligence and Buying Commercial Property

If you have decided to get into the commercial property business, you may have been advised to practice due diligence. Although it sounds logical, you have no doubt surprised just what does due diligence actually mean. There is a lot more detail involved in due diligence than you might think. No matter what kind of…

If you have decided to get into the commercial property business, you may have been advised to practice due diligence. Although it sounds logical, you have no doubt surprised just what does due diligence actually mean. There is a lot more detail involved in due diligence than you might think.

No matter what kind of commercial property you want to buy, you will need to do your due diligence. It may be a giant mall property, or a smaller commercial business – but the process is the same. You need to know what kind of condition your property is in.

Why do due diligence?

You will want to do this not only to make a sound business investment but also to ensure that you know what your property needs so your tenants will be able to set up shop in a safe building free of any liabilities. You will also be investing in your business for a long time, so you need to be sure that there will not be any long-term issues that end up reducing your return on investment.

Getting started

To start the process, visit the site with your commercial real estate broker and potentially even the seller. This will give you a good overview of what it is you are getting into, and what you are getting. You can develop a list of questions that you need answers to and points to follow up on.

Part of due diligence also means reading all of the documents carefully so you understand all of the terms and you know what kind of warranty respecting building condition is granted. Looking over all of the documents may take some time, but it can save a lot of frustration and expense down the road. Do not be afraid to ask the seller for any documents from when he or she purchased the property.

This request can include any inspections or land surveys done by the current owner during the time he or she owned the property. You can also ask for a list of current tenants and how the property is being used. Is it a commercial building in an area being zoned for redevelopment? This will enable you to convert the property if you so wish. In many urban areas, abandoned warehouses have been turned into ultramodern condos. Imagine the possibilities!

Government document searches

You may also want to do a records search at the county or city records office. This search can include any inspections conducted by that government agency, any tax liens or other pending action on the property, and any environmental inspection reports.

It would not even be out of reach to pull up the original plans and specs for the building so you can see what modifications have been done over the years. The current seller may not know all of this, particularly if he or she bought it as a foreclosure or just did not do his or her own due diligence.

There are so many other things to look at when doing due diligence. It is a solid investment to consult a real estate attorney to assist you in the process so nothing gets missed. Due diligence can be time consuming to be sure, and potentially carry some costs, but it is very worth it in the end.

Why Serviced Offices Can Be A Great Choice

Every entrepreneur wants to run his business smoothly and from the best area or location possible. The offices can go a long way in determining how easy it is to have things running and the general productivity from employers. The offices come in handy for startup businesses and also businesses looking to expand or relocate.…

Every entrepreneur wants to run his business smoothly and from the best area or location possible. The offices can go a long way in determining how easy it is to have things running and the general productivity from employers. The offices come in handy for startup businesses and also businesses looking to expand or relocate. This is because they come fully equipped with everything the business needs to start operations immediately. With the offices you can simply enter and start running your business without any delays. It is one of the many advantages you stand to enjoy when you choose serviced offices.

The Furnishing Advantage

Serviced work areas will contain all necessary office items saving you from having to run around trying to find everything you need. You are likely to find office chairs, tables, stationery, filing cabinets and pedestals to help you start immediately. Phone systems are also made available in most.

The Utility Advantage

You will enjoy air conditioning around the clock when you opt for these offices. The rental of such offices will usually also include lighting, power and electrical bills, saving you from the worries that come with settling such bills on time. You will simply find it easier to concentrate on the most important business aspects.

The Facilities Advantage

When business offices are designed, they take into consideration most important business needs. You can therefore expect facilities such as parking space, a professional board room and reception as well as a fully equipped pantry for your refreshments.

Other Services

When you settle for these kinds of offices, you can enjoy dedicated operators to handle business calls, courier and daily mail management, housekeeping and cleaning services among others. There is generally a support team to make your business running swift and efficient in every aspect.

Serviced offices will unexpectedly help you start your operations fast and at the same time help in keeping initial costs at bay. You have the chance to choose a lease plan that works for your business. The rentals are reasonable to help you handle every other aspect of the company without stressing your finances. The agreements are quite reasonable since you can choose short term plans of using the offices or long term plans that will ever let you own the concessions. There is the advantage of not rushing your financial capabilities when it comes to serviced offices.

When choosing serviced offices, always consider the location of the office and how suitable it will be for your kind of business. Also important to consider are the services and facilities made available and the lease options that you have. With so many options today designed to save entrepreneurs from hectic relocations, expansions and startups, you will find offices that match with the exact needs you have. Your office should project the right corporate image as well; so be careful with the choices you make in the selection as far as the décor of the offices is concerned.

Commercial Office Space: Help To Obtain A Flexible Office Lease

Commercial office space leases are often long in term length and strict with regard to getting out of the lease prior to the lease expiration. Many business owners who are eager to lease office space feel as if they have no choice but to accept the terms as-is and just know that they must accept…

Commercial office space leases are often long in term length and strict with regard to getting out of the lease prior to the lease expiration. Many business owners who are eager to lease office space feel as if they have no choice but to accept the terms as-is and just know that they must accept a lengthy lease if they want to gain office space. This is not always the case. Although landlords may be the ones to structure the lease, the lease terms are not ones which are absolute. There is always the option to negotiate these terms and make them more flexible for the benefit of the tenant. The following will offer some tips for obtaining a flexible office space lease.

Request a Shorter Lease Term

Just because the initial terms are on paper does not mean that you can not request a shorter lease term. Many landlords will opt for longer lease terms as it ensures that they will have a tenant in place for years in the future and provides them with security. However, there are times when the landlord may agree to a shorter lease term. You may have to pay a bit for an office space lease which is shorter than a 5-15 year range, however, if you need the flexibility with regard to length of the lease, it may be worth paying a bit more to obtain such flexibility.

Ask for a Renewal Clause

Suppose you feel as if you will want to stay in your office space for many years to come and do not want to risk being forced out when your lease term expires. The easiest way to gain security in this regard is to request that a renewable clause be added to the leasing contract. This will give you a documented right to renew your lease should you desire to do so in the future. It's always good to have this type of custody in place and absolutely have it in writing.

Assignment and Sublease Options

There may come a time during the commercial tenancy where you have to vacate the lease ahead of the expiration of your current lease. Having assignment and sublease options in the contract will ensure that you will be allowed to assign or sublet the reminder of your lease term without penalty.

Inclusion of a Termination Clause

As with the prior section, should you need to move your business out of the leased office space prior to the conclusion of the lease term, you want to be able to do so without being penalized. Sometimes business owners do not want to be responsible for subleases or assignments and this is where a termination clause will come in handy. Request that this lease term is also added to the contract and it will provide a flexible option for you as a commercial office space tenant.

Office space leases do not have to be strictly structured nor do they have to benefit the landlord alone. Request that terms be included within the lease which will secure you as a tenant down the road.

What You Need to Consider Before Selling Your Commercial Property

Selling a commercial property is always a risky endeavor, as it can be difficult to get the most out of the sale and you will be expected to negotiate much more than you would with a residential property as you are dealing with businesspeople. Still, if you need to sell a commercial property for whatever…

Selling a commercial property is always a risky endeavor, as it can be difficult to get the most out of the sale and you will be expected to negotiate much more than you would with a residential property as you are dealing with businesspeople.

Still, if you need to sell a commercial property for whatever reason then there are a few things you can take into account in an effort to give the process a higher chance of netting you what you are looking for.

Choose The Right Time to Sell

This could be considered as a general tip for the property market in general, but it is especially the case with the commercial property sector. Wherever possible you must ensure that you do not sell the property during a period of recession in the property market, or in the overall economy, as the offers that you get will be far lower than you had anticipated.

If you are in a position to do so it is far better to simply hold out until the market is in its recovery or boom period before making the sale. If this means holding onto the property for a little longer than expected to get a better sale price then so be it. Regular consultations with an estate agent will be able to give you an idea of ​​how the market is shaping up and when the best time to put the property on sale would be.

Maximize The Viewing Potential

No buyer wants to find the commercial property in a state of disrepair, so it is important to ensure that any required maintenance is carried out to keep it looking as presentable as possible. This is the case even if the property is no longer in regular use, as you must remember that potential buyers are looking for something long term and so need to see the property at its best.

Take full advantage of every avenue open to you to ensure as many people as possible know that the property is up for sale and try to personally engage with everyone that comes to view it. If you know the property inside and out you can do a lot to help the process along by explaining various things to the potential buyer.

The Paperwork

There is a lot of paperwork that goes into selling a commercial property and it may be that you need to acquire various planning permits before you can do so. You will need to define what the awards is to be used for and which businesses are able to make full use of it.

Furthermore you will need to be able to supply information regarding its energy efficiency ratings and a variety of other pieces of paperwork to increase the confidence of the buyer and ensure that the sale is legal. Speaking to your estate agent can go a long way to clearing up all of this red tape, as their expertise can be used to get what you need quickly.

The Beginner’s Tips for Making Successful Investment in a Commercial Property

Successful commercial property investment involves the eagerness of the investor in researching, building relationship with the experts as well as identifying the right kind of investment. This article will highlight on a few essential tips that are followed by the investors for proper investment in commercial house or apartment. Buying a huge commercial property with…

Successful commercial property investment involves the eagerness of the investor in researching, building relationship with the experts as well as identifying the right kind of investment. This article will highlight on a few essential tips that are followed by the investors for proper investment in commercial house or apartment.

Buying a huge commercial property with multiple units is one of the important tips to be followed by the investors for achieving a successful investment deal and for generating maximum revenues out of it. If you buy a large number of units, it is expected that you will get a huge discount and you will have to invest a nominal amount of money.

Unlike residential buildings, the buying procedure of commercial property is time consuming. It is important to remember that the investors have to spend a long period of time in order to buy, renovate as well as maintain it properly. It is not a bad thing, but you have to remember it so that you must not be impatient or you should take a wrong decision in terms of commercial property investment. You should always consider this type of deal as big investment and you should not consider it as an effective way to make money to pay your bill.

There is nothing wrong in investing in residential property for the sake of conducting commercial activities. Since this type of investors are able to handle residential properties easily, it is obvious that they would look out for these residential properties without taking into consideration different kinds of properties such as factories, hotels, departmental shops and so on. Your objective is to buy the right one that helps you accomplish your target in terms of revenue generation.

You should not feel discouraged even if you are unable to sign up the first deal or even if you have to spend more time to handle the deal. When you start your search for this type of property, you will be surprised to find out the total number of days that you need to spend to get the right kind of deal.

The next step is to find out the right kind of commercial loan that is available in your hand. In case of this type of loan, the money that you have to spend as down payment is higher than that in case of a residential loan program. It is vital that you should find out a reliable money lender in your area that can help you to find out the right loan program to purchase it.

It is important that you always associate with the proficient seller who is able to reply your questions when you are in the process of assessing the right one. It is not wise to lose a deal or to buy a damaged building because you did not know certain regulations or you are unable to assess the true value of the property that you want to buy.

Top Mobile Apps for Commercial Real Estate

The digital age is moving at a pace of unpresented speed, and the commercial real estate industry is not exempt from the effects. Commercial real estate has adapted to these new advances by creating mobile applications that assist market professionals in meeting the needs of their clients and prospective renters. In any real estate office,…

The digital age is moving at a pace of unpresented speed, and the commercial real estate industry is not exempt from the effects. Commercial real estate has adapted to these new advances by creating mobile applications that assist market professionals in meeting the needs of their clients and prospective renters. In any real estate office, these apps can be seen as technological advances that are shaping the industry's growth by increasing communication, organization, and best of all, saving time!

ReaLync
ReaLync has all bases covered when it comes to facilitating client-broker communication and organizing virtual tours and open houses. It is an interactive property touring app that saves time and money. ReaLync is ideal for foster client-broker relationships and establishing clarity between prospective renters and commercial real estate brokers. Clients using the app can create client profiles to communicate directly with real estate agents and brokers via the app's messaging feature. ReaLync's pricing for agents and brokers is minutes-based, starting at only $ 9.99 a month with a free 30-day trial. However, the app is free for renters and buyers.

Honest Buildings
Honest Buildings is an application directly targeted at commercial real estate contractors and vendors. A self-proclaimed “cross between Yelp and LinkedIn for the build world,” Honest Buildings is all about efficiency and precision. It allows users who are looking to renovate a property to connect with vendors who showcase their work on the app. The app provides owners or brokers in any commercial office a forum to find and hire the right vendors for the right project. With a streamlined system, you do not have to worry about doing reference checks or pricing out various bids. Perhaps, one of the best features of Honest Buildings is that it's completely free for project owners and fast.

HelloSign
The HelloSign app represents the direction that the commercial real estate industry is headed. A mobile scan-and-sign app, HelloSign supports the green movement as it promotes paperless security for commercial real estate professionals. It allows its users to scan and sign a document by taking a picture of it on a mobile device. In addition, the app doubles as a PDF editor which allows the user to make last-minute changes to a secure document before sending it off. The app has a free trial that allows users to scan and sign up to three documents in a month. The paid options range from $ 13 per month to $ 40 per month.

LeaseMatrix
LeaseMatrix is ​​a dream come true for commercial real estate brokers! It provides easy and fast comparisons for commercial real estate professionals by allowing its users to observe multiple leases at once. LeaseMatrix processes all calculations that would traditionally be illustrated through a spreadet, thus reducing, if not eliminating, the errors that are so frequently made when the calculations are performed manually. Although the app is web-based, it is available for use on all mobile devices. LeaseMatrix costs $ 29 per month or $ 295 per year with additional packages for office subscriptions.

In today's tech-savvy and fast-paced work environment, it is essential that all workers have access to the latest tools that enable them to work not only harder, but smarter. For the commercial real estate industry, these four applications can make all the difference in a gained sale. Whether you're looking to improve overall communication or provide transparency to employees and prospective clients, these applications will allow you to stay ahead of the game while saving yourself some time.