During a real estate purchase, most buyers will send in their proposals or offers with contingency clauses. They don’t want to sign any sort of purchase contract without these protections in place. A common example of this is a property inspection contingency. The...
The power of eminent domain is a contentious and complex topic, especially for business owners in Arizona. Eminent domain is the power of the government to take private property for public use in exchange for just compensation. This power can affect businesses in...
Renting out commercial property is a good source of income for someone who has a suitable property. One of the most important things to do is to ensure that you properly vet the company that wants to move in. There are several things you should consider if you’re...
A commercial lease is a binding contract between the property owner (landlord) and the commercial tenant. This contract outlines the lease contract’s terms and conditions as well as each party’s rights and obligations. A commercial lease contract protects tenants from...
If you lie awake at night fantasizing how making some strategic investments can bring you a steady stream of passive income, the idea of commercial real estate investment likely crossed your mind. But before you jump in feet first, take a breather. Below are four...
You're renting a commercial property for your business, so you're not the owner. That said, you definitely were involved with designing the space and the person who owns the building isn't there very often. So who has to make repairs if something breaks or...
Investing in commercial property is a very popular way to set up significant income channels, but there are many different ways to do it. For instance, if you own a commercial property, you could sell it and use the money you make to buy another property- perhaps a...
There are all kinds of tricky tenants in Arizona who cause headaches or even nightmares for even the most seasoned landlords. Some love eardrum-rattling music or parties, have pets that will chew or destroy anything they can get their teeth around or abuse property....
As a business owner, you thought that the commercial space you found was ideal. It has turned out, however, that it’s far less attractive than you expected. The foot traffic is lower than you anticipated, and your earnings are much lower than you had dreamed possible....
Being in the real estate development industry can be exciting and rewarding, but also challenging. To some extent, property development is about taking risks and managing those risks. It also requires strong interpersonal skills and being able to deal with...