Insights

In this case, the term “expensive” is relative. What looks expensive to a novice, first-time investor may look like pocket change to one that is established in commercial real estate investing. But, to be fair, commercial real estate is generally more expensive than single-family residential homes. This is the result of a few factors. Commercial property takes a lot of money to...

There are three main types of leases for commercial space: a triple-net (NNN), a modified gross, and a full-service. When it comes to understanding what each covers, it helps to think of it as a sliding scale. I’ll explain each in more detail below.   NNN Lease A NNN lease essentially means that all of the expenses related to the building are going...

The advantages of leasing an office space rather than owning it are similar to residential where you’re renting rather than buying your home. Namely, you won’t be responsible for as much maintenance, and when the lease term is up, you can leave. When leasing a space, the landlord will take care of a lot of the maintenance. Depending on the type...

Many office parks in Baton Rouge are part of an already established condominium regime. If you’re considering purchasing an office building in one of these established condominium regimes, there are a few things to consider and ask about. The question that you’ll want to start with is: What are the dues for the association on a monthly basis? From there, you’ll...

Buying or selling a property is a big investment.  You want to ensure that you’re getting a fair price for your property.  What happens if the property is appraised too high or too low?  Do you trust the first appraisal, or should you request multiple appraisals from different appraisers?  While the short answer is that if you’re uncomfortable with what...

Commercial Real Estate is a phenomenal investment! Commercial properties such as office buildings, apartment buildings, industrial buildings, warehouses and “mixed-use” buildings typically offer a greater financial reward as compared to residential property. We’re talking, real, tangible assets that you can see and check on with a strong earning potential. The key thing about investing in commercial real estate is that you’ve...

The answer to this question is deceptively simple: It’s all negotiable. But the reason behind this answer dates back to 1890 when Congress passed the Sherman Act as a way “to protect the process of competition for the benefit of consumers” (source). Essentially, the Sherman Act along with the Federal Trade Commission Act and the Clayton Act ensure healthy competition in...

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