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Found 2 blog entries about Commercial.

After you and your real estate broker have compiled a list of several properties that meet your basic needs, you will want to gather more information about the landlords and buildings you are considering for your office or retail shop location. You will, of course, want to physically tour the premises after having obtained background information and history of the landlord.

Speaking in person to other tenants on the property is an important part of the screening process to determine satisfaction with the landlord’s performance regarding the following issues:

Is the landlord responsive to tenant concerns?
Are repairs to the premises done in a timely manner?
Is the building or shopping center well maintained?
Is the landlord accessible when needed?
Do

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For an entrepreneur running a business, a time may come when you will have to make the decision whether to buy or lease commercial property or space.

It’s easy to plan for a car, vacation or education. But deciding which property type best suits your needs can present many challenges.

Here are some pros and cons for both buying and leasing a commercial property or space to help you make that choice.

1. The Pros of Buying

Extra Income: Ownership allows you to rent out unused space. The rental revenue can be reinvested in the business or help pay the mortgage.

Tax Advantages: The associated costs of owning and operating commercial property allows you to claim tax deductions. This includes interest on mortgage and property taxes.

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