October 2019

When purchasing a real estate investment, it’s difficult to overstate the importance of doing your due diligence. The degree of due diligence depends on the complexity of the property under consideration. For example, purchasing raw land may require less rigorous due diligence than purchasing a commercial building. Due diligence begins well before you purchase the property. In the real estate purchase and sale agreement, allow yourself sufficient time to do a thorough analysis of the property. Life’s too short to get stuck with a problem property for 20 years. Don’t be lured by the promise of big potential profits on…

As the owner of a company, one of the difficult decisions you will make is whether to lease or buy the space that your company needs. Ownership of the space your company occupies is always an important consideration, but sometimes owning is not always the wisest decision, especially if your business is experiencing change. Here’s some key points to consider when determining whether you should lease or buy the space your company occupies. Important considerations when purchasing commercial space:Does your company have the cash to meet the lender’s equity requirement? Most lenders require a minimum of 25% down to purchase…