Nothing is guaranteed in life -- especially where business is concerned. A shift in the local economy, a change in your personal circumstances, even new developments in technology can suddenly bring a once-thriving small business to a sudden halt.
The ever-expanding medical marijuana business in the United States has created a lot of legal headaches in different industries -- and that includes the real estate industry.
There's nothing like an eviction to put a landlord and a commercial tenant at odds and civility out the window. The reality is that anyone running a business can face financial problems that can end up in an eviction. It's just one of the hazards of life for landlords.
Are you about to sign your first commercial lease?
There are places that you probably don't really want to inhabit and there are places that are legally uninhabitable.
When you decide to sign a lease for an office, you might think it similar to renting an apartment or signing a simple rental contract. But the reality is that leasing a business location can actually be very complicated and if it is not done right, it can lead to a very costly and complicated situation.
Contingencies are part of the normal part of property negotiations in any real estate transaction.
When investing in commercial property, you need to be particularly careful about zoning regulations -- they can sometimes catch even seasoned buyers off guard.
Sooner or later in your career as a landlord, you'll face a problem tenant that stops paying.
A "hoarder" may make great television drama but having to deal with one in real life definitely isn't great for a landlord.