Making the decision to invest in real estate is a major undertaking. If this includes commercial properties, you may be able to tap into a lucrative industry, but you do need to take steps to protect yourself in case anything happens with the properties.
Owners of commercial real estate may have vast portfolios of properties or they might have properties with multiple tenants. Keeping track of everything can be taxing, especially for those who have other business ventures. These individuals might opt to hire a property management company.
When you're looking to buy property for your business, you have to ensure that you choose a location that will work for your company. There are several points that you have to think about during this process. The type of business you have is going to play a big part in what factors matter.
Since the creation of North America's first town market, there have been many evolutions in how people shop. Market days led to commercial districts on Main Street, and some companies issued catalogs offering everything from egg beaters to prefabricated houses. Now, fewer than 50 years after the first large suburban mall opened, online retail has turned it all on its head.
Is it time to move your business from your home to a commercial space? Are you running out of room at your current office? Do you simply want an updated location? If you answered yes to any of these questions, it's time to explore the real estate market for a new commercial space. Below, you will find tips to help you acquire the right commercial property for your business.
The zoning laws of Kentucky are in place to ensure that businesses do not overstep their bounds if they are operating close to a residential area. Zoning laws are divided into sections: commercial, residential and industrial. Each different section has laws that govern what can be built in those sections. So, how do you learn the zoning laws of Kentucky?
Are you looking to purchase a commercial property in Louisville? If so, this is a serious investment you are making for yourself, your business or your family. Buying commercial property costs more than buying residential property. It is a more complex contract and you have to consider zoning ordinances and laws. That's why you need to hire a real estate attorney when buying a commercial property.
Have you ever wanted to own a piece of commercial real estate in Kentucky? Are you getting closer to pulling the trigger on such a purchase? Commercial real estate has plenty of advantages. Let's take a look at the benefits of owning a piece of commercial real estate in today's post.
The purchase agreement is one of the most important documents you will create when buying a commercial property in Louisville. This agreement is so important that one tiny mistake could nix the deal in a heartbeat. Make sure you know how to write a purchase agreement by following the tips.
As more baby boomers enter their senior years, the demand for senior living communities as well as skilled nursing and memory care facilities is growing. Baby boomers are the largest group ever to enter their senior years together. A Pew Research study estimates that by 2029, about 20 percent of Americans will be at least 65 years old.