Commercial real estate involves many components ranging from those who invest in it and others who lease these spaces. Ensuring smooth tenant experiences, optimizing value through effective design, and the advantages and challenges of investing are all significant pieces of achieving long-term success in this market. Tenant Retention Strategies A major part of managing a…
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Investing in commercial real estate (CRE) allows the buyer or buyers to take an active or a more passive role in the operation of the building. Most investors and investor groups use commercial property management services to handle the day-to-day issues and tasks associated with leasing, managing, maintaining, and working directly with building tenants. The…
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There is no doubt that commercial property management is often the most challenging aspect of getting into this type of investment. Unlike residential investment where there is one property and one tenant, commercial real estate may involve hundreds of tenants in a single building, particularly when investing in multifamily dwellings. Even with retail or office…
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Investing in commercial property can be a wise decision with the correct choice of property, location, and purchase price. For many new investors in the commercial real estate market, the biggest obstacle is not in the purchase of the property, but in the ongoing commercial property management. Investors often assume that commercial property management is…
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Some people prefer to manage their properties by themselves, and some people prefer to delegate that responsibility over to a property management company instead. The decision to do this oftentimes becomes a quality of lifestyle decision, in terms of whether or not the owner wants to directly deal with the aggravation involved in taking incoming calls…
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