If you’re an experienced landlord, you’ll know that outsourcing your commercial property management is a critical step to maximising ROI, freeing up time and headspace and providing the lifestyle you want to live. Free up your time and create a passive income stream by getting a manager to take care of it – it’s a.
The world of commercial property management…from tenant complaints to air con repairs and complex leasing arrangements, who would have thought it could be so much fun? Or time consuming. Yes, really time consuming…and with constant updates to tenant legislation, increasingly complex. If you are not managing your property efficiently and effectively, it can become very.
One goal as a landlord is to watch your rental income grow year after year, with very little effort required on your part. But maintaining a passive income isn’t just a matter of selecting a tenant who can pay the rent each month. There’s a bit more to it than that. If you’re an experienced.
As a business owner with a bricks-and-mortar premises, you know that your commercial lease is a legally-binding contract. But what happens if you need to get out of a lease early? Whether you’re expanding and need a larger commercial property, down-sizing, selling your business or moving on to new endeavours, the early termination of a.
Research shows that upwards of 80% of companies fail in their first year of business. So how do you increase your chances of joining the 20% that see steady and sustainable growth well beyond their first business birthday? It’s not luck. Nor is it working long, hard hours or having access to an investor with.
Whether you are starting out and requiring your own space or your business has outgrown its current arrangement, one of your big considerations will be whether to buy or lease a commercial property. Often this decision is more complex than buying a house. First, you’ll need to decide if you need an office or a.
A move into the world of industrial real estate can be considered a little daunting for the uninitiated. Most people are unfamiliar with the conditions and terms of buying and leasing industrial buildings versus a residential property. There are a number of factors to consider like GST implications, and who accounts for outgoings from the.
There comes a time in every growing business’s life where a major decision must be made about the future: to relocate your business, or face the renovation costs and inconvenience to update current premises? Whether it’s an influx of additional employees, or the need for a new set-up, often an office relocation is the superior.
Negotiating a commercial lease agreement for your business can be challenging if you’ve never done it before. But with a sound strategy, some expert advice from your commercial property experts, and some negotiating power, you’ll be well placed to find a new home for your company. Not to mention securing a commercial lease agreement that.
Renting out commercial premises can be a minefield for the landlords. We know that no one likes paperwork, but getting your commercial lease right from the outset can help you in the long run. Ready to put your commercial property for lease in the hands of a new tenant? Follow these 4 vital rules for.