When you own commercial property in your real estate portfolio, you’ll have two primary options: You can lease the property out to bring in an income or you can sell the property to make a profit. Selling commercial real estate allows you to completely remove it from...
If your company owns its own commercial property or if you manage commercial properties and rent them out to others, you know how valuable those real estate holdings are. They may be the biggest assets you own. While property ownership has strong protections under...
In large American cities, including Tampa-St. Petersburg, commercial real estate development and professional sports often pursue their goals hand in hand. Occasionally, however, the wealthy owners of professional sports franchises differ with commercial real estate...
A commercial real estate purchase in Florida has some complexities that make it quite different from buying or selling a home. Whether it is for the initial plunge of a new business or an expansion of an existing entity, it is important to know the steps and potential...
Zoning law are used by local government to promote growth and safeguard the interests of the community. When buying commercial real estate, you must consider how zoning laws will affect your plans to use the land. Zoning ordinances and land use Zoning ordinances...
One of the most important things a Saint Petersburg area business owner needs to do is choose a location for their business. Often a business owner will lease space for their business and the commercial lease agreement they sign is extremely important. There are...
St. Petersburg and the greater Tampa Bay area offers lots of opportunities for people in the construction industry. Each successful construction project should be a source of income for the developer, the contractor, subcontractors and others involved down to the...
Commercial real estate can be quite expensive. The price can be worth it if you’ve got a strong business plan and have done your homework to ensure that you know what you’re getting into. But after you conduct your due diligence and decide to move forward with a piece...
When a Florida resident decides to offer a residential property for rent on the market, they may discover that serving in the role of landlord is less appealing than they originally thought it would be. Residential landlords have duties to fix property conditions and...
Before a buyer purchases a commercial real estate property, it is important that they are made aware of material property defects or issues relating to the property. Many buyers have suffered significant financial loss after discovering various defects after the...