Many business owners find themselves in a position where they need to locate real estate as a place to provide their goods and services. The question then becomes whether they should lease the property or outright buy it. The decision can be a challenging one, but it is one that should not be made lightly. Instead, business owners need to carefully consider their options and how choosing one option over the other will affect them in the future.The first way to acquire a business property is to lease it. This option may be appealing to those who have limited upfront cash flow, as well as those who may not have the appropriate credit history to obtain a commercial mortgage. Additionally, some find leasing appealing because the landlord is responsible for maintaining the property, which can reduce costs associated with property upkeep. In the long run though, a business owner who leases a property may wind up spending more money than an individual who purchases a property.Those who choose not to enter into a commercial lease may choose to buy commercial real estate. Of course, this will require more upfront money, but in the long run it may cost less than leasing. A business owner who buys a property will also be free to renovate the property as he or she sees fit to meet the business’s needs. Also, those who purchase commercial property can benefit from any increased land value. So, those who purchase commercial real estate maintain much more control over the premises as well as the location of their business.Whether in individual is negotiating a commercial lease or the purchase of commercial real estate it is critical that he or she has a full understanding of the transaction process. Failing to do so could result in terms that are unfair to the business owner. This is why those who find themselves in this position should consider discussing the matter with a business law attorney who is reputable and trustworthy.
A look at leasing and buying commercial real estate
- Home »
- Uncategorized » A look at leasing and buying commercial real estate
Recent Posts
- Transferring ownership of real estate with a quitclaim deed
- Facts about joint ventures and partnerships in Louisiana
- 3 Tips For Turning Your Side Gig Into A Legit Business
- Navigating life insurance for estate planning in Louisiana
- How To Talk To Your Children And Grand Children About Your Estate Plan
Archives
- January 2023
- November 2022
- September 2022
- July 2022
- May 2022
- March 2022
- January 2022
- December 2021
- October 2021
- August 2021
- June 2021
- April 2021
- February 2021
- January 2021
- December 2020
- November 2020
- October 2020
- September 2020
- August 2020
- July 2020
- June 2020
- May 2020
- April 2020
- March 2020
- February 2020
- November 2019
- October 2019
- September 2019
- August 2019
- July 2019
- June 2019
- May 2019
- April 2019
- March 2019
- February 2019
- January 2019
- December 2018
- November 2018
- October 2018
- September 2018
- August 2018
- July 2018
- June 2018
- May 2018
- April 2018
- March 2018
- February 2018
- January 2018
- December 2017
- November 2017
- October 2017
- September 2017
- August 2017
- July 2017
- June 2017
- May 2017
- April 2017
- March 2017
- February 2017
- January 2017
- December 2016
- November 2016
- October 2016
- September 2016
- August 2016
- July 2016
- June 2016
- May 2016
- April 2016
- March 2016
- February 2016
- January 2016
- December 2015
- November 2015
- October 2015
- September 2015
- August 2015
- July 2015
- June 2015
- May 2015
- April 2015
- March 2015
- February 2015
- January 2015
- December 2014
- November 2014
- October 2014
- September 2014
- August 2014
- July 2014
- June 2014
- May 2014
- April 2014
- March 2014
- February 2014
- January 2014
- December 2013
- November 2013
- October 2013
- September 2013
- August 2013
- July 2013
- June 2013
- May 2013
- April 2013
- March 2013
- February 2013
- January 2013
- December 2012
- November 2012
- October 2012
- September 2012
- August 2012
- July 2012
- June 2012
- May 2012
- April 2012
- March 2012
- February 2012