Articles and News About Commercial Real Estate

5 Most Wanted Features in a Rental Property

You may have recently identified a rental property that appeals to your soul. However, before closing the deal, you may wonder, from a tenant’s point of view, does it has the most desired features in a rental property. 

Photo of a birdhouse hanging from a wire - 5 Most Wanted Features in a Rental Property
Having a lot of desired features in their rental properties will help landlords keep their vacancy rates as low as possible.
(more…)

Continue Reading5 Most Wanted Features in a Rental Property

Guide to Choosing the Right Commercial Flooring for Your Needs

Choosing the right commercial flooring for your business or home is an important decision. It affects the look and feel of your space and its functionality. The wrong choice could end up costing you in terms of both money and time. This guide will help you choose commercial flooring products that are right for your needs. So read on to figure out what commercial flooring products are right for you, and how to select the proper flooring.

Photo of a space that reflects the hottest office design trends - Guide to Choosing the Right Commercial Flooring for Your Needs
There are many types of flooring available but when it comes to a commercial space, durability is a crucial factor.
(more…)

Continue ReadingGuide to Choosing the Right Commercial Flooring for Your Needs

4 Tips for Finding Great Office Space

Finding great office space is critical to your business. It enables you to communicate your business identity, value, and ethos. It also enhances daily operations and boosts staff morale and productivity.  However, choosing an office space that suits your needs and is within your budget can be time-consuming and daunting. If you are in the market for your business office space, here are four tips to help you find a suitable workspace.

Photo of an urban office space - 4 Tips for Finding Great Office Space
Finding great office space starts with a plan. | Image by StartupStockPhotos
(more…)

Continue Reading4 Tips for Finding Great Office Space

Apartments for Sale as Investment Properties

Looking for an apartment by the ocean in 2022? Here’s what you need to know. The real estate market is constantly changing. And it can be tough to keep up with the latest trends. That’s why we’ve put together this guide to help you ask the right questions when evaluating your options as you compare apartments for sale.

Photo of an apartment or condo by the ocean - Apartments for Sale as Investment Properties
(more…)

Continue ReadingApartments for Sale as Investment Properties

7 Reasons Why Scaffolding is Key for Construction

Scaffolding is a temporary structure used to support people and materials during the construction, repair, or maintenance of buildings, bridges, and other large structures. It is usually made out of wood, metal, or plastic. Scaffolding is also used in event infrastructure to create grandstands, stages, and access towers. In this piece, we’re going to look at seven reasons why scaffolding is key to both the structure and the workers.

Photo of some workers using scaffolding for their work - 7 Reasons Why Scaffolding is Key for Construction
Photo by SevenStorm JUHASZIMRUS
(more…)

Continue Reading7 Reasons Why Scaffolding is Key for Construction

How to Sell Commercial Properties

One of the most profitable investments in commercial real estate. But you need to know a few things before you buy or sell it. We’ll go over selling a commercial property, from finding a buyer to closing the deal. We’ll also discuss some challenges that can arise during the sale process. Looking to sell commercial properties? Read on for some choice advice.

Photo of commercial real estate stores - How to Sell Commercial Properties
Photo by JustPhotof
(more…)

Continue ReadingHow to Sell Commercial Properties

6 Great Ways to Improve Parking Lot Safety

As a commercial business owner, you understand that providing excellent customer service is essential to compete in any market. While most people think this refers to the products and services, there are some “must-have” items on this list, such as customers’ safety. If needed, you might need to improve parking lot safety. We’ll show you how!

Overhead photo of a commercial parking lot - 6 Great Ways to Improve Parking Lot Safety
Photo by Kelly
(more…)

Continue Reading6 Great Ways to Improve Parking Lot Safety

Pandemic Instigated Changes to Property Management That Are Here to Stay

The COVID-19 pandemic changed our lives and the way we do business in seemingly countless ways. It’s still changing them 18 months later. Property management hasn’t been spared when it comes to these changes. Many of them are here to stay. Today we’re looking at changes to property management that are looking to be with us for years to come.

Photo of some urban apartment buildings - Pandemic Instigated Changes to Property Management That Are Here to Stay
(more…)

Continue ReadingPandemic Instigated Changes to Property Management That Are Here to Stay

The Importance of Property Management to Landlords and Tenants

The property management strategy a property investor chooses is arguably the next most important factor (after the location of the property) for the success of their investment. Property management affects not only the performance of a rental but the property investor’s ability to grow. This piece will highlight the strengths of hiring an outside property management group rather than managing the properties on your own.

Floorplan with keys level and money graphic
(more…)

Continue ReadingThe Importance of Property Management to Landlords and Tenants

Top 3 Ways to Be an Awesome Landlord

One of the best ways to be financially independent is to own real estate. Renting your own property makes money each month but also reduces debt. And don’t forget, your property increases in value over time! Most millionaires in the world today made their money via real estate. So what are the best ways to be an awesome landlord?

Photo of a home in Clifton Louisville Kentucky by Tre Pryor
Rental properties come in all shapes and sizes. How you treat your clients can also be customized. | Photo by Tre Pryor
(more…)

Continue ReadingTop 3 Ways to Be an Awesome Landlord

4 Reasons to Hire Foundation Experts Before Buying or Selling

Have you considered hiring foundation experts in Louisville before buying or selling a home or commercial building? If you’re thinking of putting your house on the market (or are looking for an investment property) you’re already under enough stress. Just think about all that is associated with a move. If so, why rack up one more expense by consulting with a foundation contractor?

Photo of some contractors with their truck
(more…)

Continue Reading4 Reasons to Hire Foundation Experts Before Buying or Selling

4 Benefits of Investing in Land

Investing in land is something quite a few people have considered at least once in their lives. Maybe it was a late-night infomercial that sparked interest or a simple conversation among friends. Buying or selling a property in any area will always bring additional questions. There are several types of real estate investments with the most elusive to understand being vacant land.

Photo of forest land
(more…)

Continue Reading4 Benefits of Investing in Land

Best Material for Your Bathroom Partition Budget

Do you feel that your restaurant, office, or hotel bathroom needs some remodeling or upgrade? If so, you’ve got to consider a lot of design bits including the bathroom partition pricing as this will determine what kind of tile you like to lay on the floor, how many stalls are there going to be, or how many sinks you will install, or how all the components will be supposed to be set out.

Photo of a restaurant bathroom
(more…)

Continue ReadingBest Material for Your Bathroom Partition Budget

Tax Advantages of Using a Property Management Company

Owning a property that generates a steady income is an exciting idea until you run it by yourself. Every property owner who has tried to manage the properties while juggling another occupation knows how difficult it is. You need to consider plenty of things, such as rent payments, routine inspections, and general administrative work. This piece will highlight one of the less understood benefits of using a property management company—paying fewer taxes.

Taxes graphic
Photo by Karolina Grabowska
(more…)

Continue ReadingTax Advantages of Using a Property Management Company

How to Get Started in Property Development and Become Successful

You can always check the Louisville Home sales chart to see up-to-date results. Just last month, 1,209 homes were sold. The average home price in Louisville, Kentucky during this time was $267,708. Real estate is a good investment, as it offers opportunities to create wealth, and make passive income for a lifetime, not to mention the tax benefits. This is why many people are investing in property development. However, you need to understand the industry. Going into real estate as a developer without fully understanding what it takes to succeed is a recipe for failure. Want to become a successful real estate developer? Here’s how to get started in property development. 

Photo of heavy equipment developing land for a subdivision
Photo by Shane McLendon
(more…)

Continue ReadingHow to Get Started in Property Development and Become Successful