Real estate purchases contain many moving parts and they are inherently complicated transactions. Residential real estate is complex enough, but commercial real estate is doubly so. There are more forms to fill out and more information to verify so that you make an...
Points to remember when investing in commercial real estate
Commercial real estate is a viable investment for many people, but it’s imperative that the first time investor consider several factors before venturing into this kind of project. One of the primary mistakes that first-time investor makes going into commercial real...
Finding the right commercial property
It’s not always easy to locate the ideal commercial property for your new business venture, but it is very important to do so. It could be the key to your success or failure as a business. Other things play a critical role, as well, from your branding to your product...
Surveyors may provide key information on commercial properties
Buying a commercial property in Pennsylvania may be a complicated process, especially for investors who are planning on undertaking renovations or new construction. There are several aspects potential buyers may want to consider before finalizing a transaction, and a...
How limited partnerships work in real estate
Big commercial rebuilding projects can be complex matters and will likely require large transactions of money to fund the building materials, tools and vehicles needed for the job. But to get to this point, building owners and investors may need to pool a sizable...
Turning real estate into wealth
Some people in Pennsylvania may argue that real estate is already wealth. This is not necessarily true. Wealth requires proper debt management to increase net worth. The property itself will also need to be properly managed or an investor may find themselves paying a...
Determining the risk of your commercial property
Some entrepreneurs may look at a successful apartment complex operating in a Philadelphia neighborhood and think that operating a similar piece of property will turn out just as well. However, a comparison of similar commercial real estate properties may not be as...
Appraisals of commercial real estate
Whether you are interested in purchasing a business property in Pennsylvania or you want to sell your building, an appraisal will be conducted. A commercial appraisal is more complicated than a residential one, so it is important to understand some of the terms and...
Things to consider before signing a commercial lease
As a business owner in Pennsylvania, you have a lot to think about. If finding a new space is on the horizon, it is important you understand what you are signing when going over the lease. It is legally binding, and fighting one of its provisions after the fact...
What is a triple net lease?
As a business owner in Pennsylvania, there are many areas you need to be knowledgeable about and responsible for. While focusing on your business should be a priority, it is important you understand what you are signing when you lease office space. The contracts can...