If you're looking for investment property and want to choose a property with the most likely chance of getting hard money or conventional funding, look for the following:
Income producing - choose a property with sufficient cash flow to cover the monthly expenses of the property including any loans.
Structural quality, pride in ownership -
In these rapidly changing times, Tenants needs change requiring them to down size, mover or if you are lucky, they require larger space. When this happens they may be in the middle of a Lease. One of their options might be to Assign or Sublet the Lease.
An assignment is when a Tenant transfers their entire interest in a premise (i.e., the entir
Term: The length of time that you lease the space, usually with an option to renew.
T.M.I.: Taxes, Maintenance, and Insurance.
(T) Taxes are for Property taxes charged to the landlord for the total building and property.
(M) Examples of Maintenance costs or C.A.M. are landscaping, snow plowing, repairs to areas used by all tenants and their c
Many businesses reach a point where they wonder if it would be beneficial for them to purchase a building rather than continue to lease space.
While every business is different there are a few common factors that should be taken into consideration when evaluating whether buying a building would be better than continuing to lease.
The information provided on this Web Site is derived from sources that The Monopoly Group believes are reliable. However, The Monopoly Group does not guarantee the accuracy of the information, which is provided without any warranties, express or implied, of any kind, nor do we assume any responsibility or liability whatsoever for publishing it herein. In respect of leasing premises, you and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.
The Monopoly Group, independently owned & operated