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Showing posts from May, 2022

Common Misconceptions About Leasing a Commercial Space

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  thebalancesmb.com Lease terms can be confusing, and Ali Ata points out that it's easy to get caught up in the myths about leasing commercial space. Below, he shares some common misconceptions and the truths behind them:   Misconception #1: Longer lease terms are always better. Truth: It will depend on your business needs and goals. If you're looking for stability and predictability, a longer lease term may be the way to go. On the flip side, if your business is growing quickly and you anticipate needing more space soon, a shorter lease term may give you the flexibility you need.   Misconception #2: You should always negotiate for a lower rent price. Truth: Again, it will depend on your situation. On the one hand, if you're looking for long-term stability, paying a slightly higher rent may be worth getting a longer lease term. On the other hand, if you're only planning on being in the space for a short period, you may be able to negotiate a lower rent pri...

Real estate corner: Maximize the income you get from your properties

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forrent.com  According to industry veteran Ali Ata, real estate can be highly lucrative. Many people have made a great deal of money by investing in real estate. However, Ali Ata reminds everyone that it is not a get-rich-quick scheme. It takes time, effort, and knowledge to succeed at real estate investing, which is well worth it. If you own a property you're renting out, Ali Ata says that you're probably always looking for ways to increase your income. After all, the more money you can bring in from your rental, the better. There are a few key things that you can do to make sure that you're maximizing your rental income. First, it's essential to keep your property in good condition. Regular maintenance and repairs and keeping your property clean and presentable. If potential tenants see that your property is well-cared for, they'll be more likely to want to rent it. Additionally, keeping your property in good condition will help retain its value over time...