The Right Way to Deal with Problem Tenants Problem tenants are a nightmare for many landlords. Guidelines for dealing with tenant issues vary from state to state. However, there really are four things you should do to avoid a legal battle with your tenants: The lease agreement should clearly define potential tenant-landlord issues. Once you have qualified the tenant and agreed to lease th...
- News Flash: Employee Breaks Actually Increase Productivity - Some bosses believe employee breaks are a waste of time. But a growing body of evidence suggests that taking a constructive break from a mental task improves productivity. For example, a NASA study of pilots on long-haul flights found that those who took turns having brief midflight naps showed a 16% improvement in reaction times aft...
- Why Building Owners Need to Stay Ahead of the Curve - Redevelopment of existing office buildings will be necessary to meet the ever-changing demands of the commercial marketplace. There is strong evidence to suggest that approximately 80% of the nation’s commercial building stock will still be standing for the next 10 to 15 years. Using this knowledge, agents can identify building...
- Companies Still Need Brick & Mortar “Motherships” - Even though companies are finding abundant benefits in shifting to telecommuting and mobile-friendly office environments, many are still seeing value in maintaining a physical presence; with CEOs such as Yahoo’s Marissa Mayer, who recently banned working from home, we’re far from seeing the end of bricks and mortar. In today’s e...
Why Due Diligence Is Important for a Seller - Sellers strengthen their negotiating power … by identifying problems in advance. If you’re selling a property, you need to do your due diligence. It not only protects you from the unexpected, but the information might help you sway a potential buyer. A seller who knows every detail about a property can influence a buyer’s perception of the val...
Calculating Wealth : A Primer on Assets and Liabilities All money coming in or going out of a business is recognized on the balance sheet as an asset, a liability or owners’ equity. An asset is anything a company owns that has future value. Cash, property, equipment, inventory, accounts receivable, investments, vehicles and intellectual property such as copyrights, trademarks and patents are a...
Is Your Business Insured Against Water? When your place of business is filling with water, the last thing you want to hear is that your commercial property or business owner’s policy does not cover the claim. However, that could be the case if you’re not careful. Commercial property insurance provides the broadest type of coverage that insurance carriers can offer to business owners. It is...
- How to Identify and Liquidate Surplus Commercial Investment Properties - Commercial real estate investors often have to evaluate whether their real estate assets are continuing to generate the highest and best value. It can cost you money to carry a property that is underutilized and not meeting your investment needs. Identifying surplus real estate assets and then liquidating them c...
Spare Land? How to Squeeze More out of Your Assets With a Commercial Land Lease Investors and property owners alike can take advantage of land leases. Larger retail outlets, for example, sometimes lease extra parking area to another business interest. The concept began as the Lend-Lease program during the Second World War. While the program started as a means of providing aid in the form of supp...
- Leadership Training in Higher Demand as Businesses Regain Focus - By Winslow Swart - Leadership Training Business News San Antonio - Leadership Training The CFO asks his CEO, "What happens if we invest in the training of our people, and then they leave the company?" The CEO answers, "What happens if we don't, and they stay?" Leadership training took a hiatus. Ask almost any busin...