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Commercial Property Management - Tips for Reading Commercial Property Leases

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When you manage or own commercial investment property , the reading and interpretation of leases becomes common practice as you seek to protect the rental and the function of the asset for the landlord. A solicitor prepared lease will be the best way to go when it comes to getting a lease that protects the intentions of the parties. Generic property leases are usually not sufficient in property detail or terms and conditions to comprehensively pick up the specific factors of property design and performance. 'You get what you pay for', is the phrase that comes to mind in comparing generic 'off the shelf' leases versus ones that are specifically drawn up with the landlord and property in mind. Only 'commercial property experienced' solicitors should be sourced and trusted for the task of lease preparation. A solicitor prepared lease provides a more specific and attractive package to buyers of the property. Buyers of the property in considering a poten...

Real Estate Lease Option Tips at Golden Sky Management

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  Estate Leasing Company Indianapolis There are two sides to every coin when it comes to lease options. Here are some real estate leasing option tips that balance the coin to land on its edge, benefiting both the buyer and the seller. A lease option is a lease with an option for the Indianapolis Tenant Screening Services to buy the property, normally within a twelve-to-twenty-four-month time period. Non-qualified and first-time buyers view the lease option as an ideal finance technique, granting them time to get their financing house in order. Take a look at the following real estate lease option tips for the buyer.   Benefits and real estate lease option tips for the buyer (tenant): Pay little cash up front (certainly much smaller than a typical down payment) Monthly rent credit generates the down payment - a forced savings "account" Live in the house you intend to buy However, this convenience isn't without costs. The tenant usually pays an option fee ...

What should you know and ask before buying your first rental property? Golden Sky Management

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Golden Sky Management is a top property management agency in Indiana, offering expert services in leasing, maintenance, and tenant management. Residential & Multi-Family Management  Indiana From single  family residences to apartment buildings  with countless units, our experienced team will put your mind at ease so you can collect rental income worry-free. Before you invest in your first property, you should probably at least be aware of these things: 1. Even in investment properties there is a big difference between the retail price and the wholesale price. Because you are a new investor, you are likely going to purchase a property at the full retail price, or close to it. Because of that, it will likely be years before you break even, and then another year or two before you actually start to show a small profit, if you are fortunate. If you educate yourself about buying wholesale properties, you can start making money immediately.   2. Location is eve...