Residential and commercial real estate leasing options often differ in numerous notable ways. For example, in most residential leases, tenants pay fixed rates to a landlord and handle utilities on their own, separately. Commercial leases have more options, however,...
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Commercial real estate: Dealing with nonpaying tenants
As a commercial landlord, you might find yourself wondering what to do if a tenant fails to pay their lease in a timely manner. It may seem like the right thing to do is to restrict the tenant’s access to the property, however, doing so can lead to additional legal...
How can you identify a good tenant?
Many commercial property owners choose to rent out their property. If this interests you, you need to be on the lookout for the best tenants. Quicken Loans explains that owning a rental can be lucrative for most people, but only if they choose a good tenant. No...
A look at Midtown’s commercial real estate crisis
Both small businesses and large corporations are vital to a city’s economic growth and stability. So what happens when a change in the economy challenges those businesses and forces them to leave. Many businesses in New York and across the country are downgrading to...
Factors for choosing a promising real estate market
When people are new to the real estate market conditions in New York and the United States, deciphering the best markets could bring unique challenges. If not actively controlled, risks could compromise the success of an investment and result in costly losses. When...
How can foreign investors approach American real estate?
Since American commercial real estate has become one of the largest investment sectors in the United States, you as an investor from another country are probably looking at buying a piece of commercial property in New York. Investing in American real estate can be...
What are my commercial lease options?
Residential property leases generally require tenants to pay a fixed rent cost to the landlord and then assume responsibility for their own utility costs. Some residential leases may include one or more utility costs in the rent and those terms would be clearly...
Considerations for your protection when investing in real estate
Investing in commercial real estate in New York is an exciting adventure that may contribute to your success and the achievement of your financial and career goals. However, because such investments are so significant, your decision to take proper precautions and...
Current trends in foreign real estate investment in the US
According to the National Association of Realtors (NAR), in 2018, nearly 1/5 of US realtors focusing on commercial real estate had a sale with an international client in the previous year. Since then, the US-China trade war has caused US economic growth to follow a...
Investing in commercial property involves work
Real estate may become an interest of individuals in New York and around the world at different stages in their lives. Some people may know they want to invest in commercial property at early stages in their business lives, and others may not have an interest until...