Hidden Costs You Should Be Aware of When Leasing or Buying
Again unlike Residential, Commercial can come with a lot of moving parts and the more you do your homework and gather a great support system the better your decision making will be. There are a few...
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Why stay in Airbnb over hotel?
The New Orleans Airbnb market is hot! Appraisers have to now appraise property based on the Airbnb income which makes buying a home affordable in New Orleans even with all the restrictions put on by...
View ArticleWHY CHOOSE TO WORK WITH A COMMERCIAL REAL ESTATE AGENT
Knowledge of Our Market Representation Technology We have technology on our side to help you with best tools to do a proper analysis of your location or locations. We can give you detailed growth...
View ArticleTypes of commercial leases
There are several types of leases that a Tenant might consider when looking for a rental space. The category of a lease depends on how the landlord determines the cost of rent and who pays for each of...
View ArticleWhat is Tenant Improvement Allowance ?
Almost every property out there that is available For Sale or For Lease will need to be retrofitted for the new user. In a lease this is called Tenant Allowance . Sometimes landlords will give $’s to...
View ArticleHow to Calculate Commercial Rent!
If someone is asking $25.00/sq ft take the $25.00 X the size of the space 1000 sq ft $25.00 x 1000 = $25,000.00 (annual rent) divide by 12 to get monthly rent $2083.33 / month. Let’s take a detailed...
View ArticleCommercial Property leasing basics
Leases exist to form a legal agreement between a landlord and a tenant regarding who will pay various expenses and the rules related to leasing the property. Commercial leases tend to have components...
View ArticleComponents of commercial lending
There is no “standard” loan in commercial lending just like there is no standard contract so you will need a good banker once you decide once you shop banks and decide who best fits your needs. But...
View ArticleWhy Hire a Property Manager?
We meet property owners all the time who ask us just why they should invest in hiring a property manager. 1) ExperienceWe are trained and experienced in commercial and residential property. 40 years...
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