Commercial Real Estate Archives

Frequently asked questions about commercial real estate

Investing in commercial real estate can help you diversify your holdings and build your fortune. However, you need to understand the basics in order to get started. Here are some of the most frequently asked questions about where to start.

When property management companies go bad

If you own several commercial properties, the odds are high that you've hired a property management company to make sure that everything is cared for appropriately. A good property management company is a great investment because it can take a lot of stress off your shoulders.

Don't take a chance with a 'self-help' eviction in Florida

What do you do when you have a tenant that just won't pay? What if the tenant is simply one of the "those" tenants -- causing trouble and creating problems from dawn to dusk with every other tenant you have? What if the tenant is simply refusing to obey the rules you have in place regarding pets, sanitary issues and more?

Be careful with exclusive use clauses for your tenants

If you own a multi-unit commercial building, whether it's a plaza full of spaces or a building full of offices, beware of the exclusive use clause. Most of your tenants, if they have any experience with commercial leases, will want them. However, agreeing to broad terms could turn your rental property into a nightmare.

Florida residents illegally evicted after hurricane

Rental landlords should know that there's a right way and a wrong way to evict a tenant. The wrong way is posting a 72-hour notice on someone's door after a hurricane, having their electrical power cut off and telling them that you want them out so that repairs can be made after a hurricane blew through the area.