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Leasing Office Space: in Agreement With Your Landlord

Do you have a growing business? If so, are you thinking of leasing or buying a larger office space? If you have larger funds to invest in premises, consider buying, else leasing will work best for you.

Here are a few strategies for dealing with landlords, to make the most of your lease deal.

Look beyond permitted uses: Generally, a lease agreement will specify the uses that the space leased out to you, can be put to. Ensure that your agreement allows you to conduct the entire range of present as well as planned activities. If your business is on a growth path, it is a good idea to take a larger space than you need at the moment, so that you can accommodate your future needs as well. In the interim, you could sub-lease the extra space to another business, provided your agreement allows you to.

Opt for a short term lease: Even though your business has a long-term goal, sign a short term lease agreement, if possible. You will find many landlords offering discounted rates for long-term lease contracts, but be cautious while dealing with such matters. With a shorter lease, you have greater flexibility to deal with any changed requirements in the future.

Take into account rent increases: Every long term lease agreement will specify a periodic increase in rent. In case your agreement is for a short term, insist that your landlord gives you adequate advance notice in writing about the intention to increase rent after the current tenure lapses. Usually, rent increases fall within an acceptable range – understand this beforehand.

Beware of maintenance and other charges: Find out the extra charges that you may need to bear — like HVAC (Heating, Ventilation and Air-Conditioning) and any other building maintenance overheads. Check if there is a cap to all these charges and try to get an idea of the periodicity of increase.

Ask for allowing alterations to the space: Usually, landlords will not allow you to make any alterations to the space they have leased out. However, you can request for a clause that allows you to make any alterations or improvement with the landlord’s consent.

Check the renewal option: If you plan to renew the lease, try and negotiate easier terms to your advantage. After all, not having to find a new tenant will save the landlord time, effort and brokerage fee. In the bargain, the landlord might agree to a rent that is a bit lower than the market price. From your perspective, you need to know when to begin the lease renewal process, and what terms apply in the interim.

Consider all the above points before signing up any lease agreement for your office space. Above all, have your real estate broker or lawyer go through the terms of the lease agreement in advance. Experts can assist you in leasing office space and ensuring that you find the right space at the best deal possible. You could also learn a lot from books like “Leasing Office Space You Can Afford: Everything Companies Need to Know-From Finding Great Space, and Negotiating the Lease,

Investors Find Help in Tough Real Estate Market

Being a successful real estate investor has a lot to do with being able to know a good deal when you see one. Many people are aware of this rule, just as they are aware of the fact that there are certain keys that any good real estate investor must follow in order to gain capital. Finding the most convenient source for financing your deals, being able to lead negotiations, selecting the very motivated sellers, and having a nose for good deals – all these are essential to successful real estate investment. However, no matter how proficient you may be in obtaining funding or how great your negotiation skills may be, if you have come across a poor deal, all your abilities may be worthless. On the other hand, if you do know how to tell an excellent deal from a less profitable one, then these skills will only increase the profit that you make. The good news is that these skills are not inborn; they can be acquired. And the even better news is that you can have access to online real estate investing guides that will teach you everything you need to know about this way of making money.

“A good deal” sounds rather simple. At first sight, pretty much everyone should be able to recognize a good deal, as opposed to a bad one. But think about it; if it were so, everyone would now be making a lot of money from real estate investments, and there would be no point whatsoever in debating it. But things are far from being so uncomplicated. There are many factors that make investment in a piece of real estate a good deal. Only a thorough and detailed real estate investing guide can cover all these aspects and reveal all the keys to success that a good real estate investor needs to be aware of. Such aspects include the expenses, the possible repairs, the carrying costs, the purchase price and the market value of the property in question, the loan terms, the cash flow and profit, the risk factors, the holding time, etc. What you intend to do with the property once you have purchased it represents another important factor in determining a good deal. If you are considering renting it or selling it on a lease option, then you have to make the positive cash flow your number one priority by taking into consideration factors like possible tax increases, mortgage terms, rents in the area, etc. However, if you are only interested in selling it after you have performed a quick rehab job, then the rental income is not an issue, and nor are the possible tax increases.

A good real estate investor is aware of all these aspects, and knows when and how to put them into practice. Nevertheless, each investment has its particularities, and that’s why a real estate investing guide can be extremely useful. Keep in mind that it’s usually the things you omit that are responsible for a deal not going as well as it could. Therefore, why not make use of such a real estate investing guide and stop worrying about having left something out?

For more resources about Real estate investor or especially about real estate investing guide please review this link http://www.realestateinvestor.com

How Do Long Lease Letting Schemes Work?

If you are a struggling landlord who is fed up with the stress and strain often brought about through tenants, voids and maintenance costs then you may wish to give some consideration to lease letting schemes, but what are they?

In short, there are companies that offer long lease lettings to landlords and who will maintain your property and pay rent that is guaranteed and you are not charged anything. The scheme works by the company paying you around 70% to 80% in cash for the property, even though there is a reduction in the price you do not lose out, as with the difference the company looks after the property for you and ensures that it remains in good repair. This means that the rental money you get is all yours, there is nothing taken out of it. Plus you never have to worry again where to get the money or find the time to take care of maintenance costs that often turn up when you least expect them.

A scheme that works for everyone

Long leases work in two ways, the first is that the company is assured tenants are not going to leave the property as they find tenants wanting to rent over the long term and second the tenants have the security of knowing they have a home. When tenants feel secure, they are more likely to take great care of the property and so the company does not have the worry of high maintenance costs.

Companies offering long lease letting schemes tend to offer long-term tenants the option of being able to purchase their home at some point, which again works for all parties. Landlords are able to benefit by the company finding tenants that want long term leases, there are no management costs and landlords do not even have to have contact with tenants themselves, as the chosen company takes this over. The many challenges that landlords are faced with are thereby avoided. If you are worried about voids in tenancy or are fed up with high maintenance costs, then long lease letting schemes may be the ideal choice.

The benefits to the landlord

Such a scheme may be ideal of anyone who struggles to keep tenants for the property or who are struggling to find tenants, as the company finds tenants wishing to rent over the long term and who will therefore look after the property and not let the landlord down when it comes to rent. Here are some of the many benefits you as a landlord are able to look forward to:

* Avoiding conflicts with tenants;

* You have no more bills to pay out of your own pocket for maintenance;

* There are no more voids that cause you considerable expense;

* You are able to avoid any problems and unforeseen events;

* You do not have to worry about rent arrears.

If you wish to save yourself a great deal of stress and strain a guaranteed long lease rent scheme may be the ideal solution with all the benefits. Consider entering into a guaranteed rental agreement between three and ten years with no costs to you.

Increased Popularity of Furnished Rental Apartments

The best option for individuals or family members is to shift to a fully furnished rental apartment instead of owning a furnished apartment. Variety of options is available for choosing an apartment in Florida.

Following are few suggestions for choosing an apartment on rent in Florida:

1. Saves Time: It saves a lot of time and energy in shifting the heavy furniture and other utility items. You can shift easily by carrying things for your own personal use. It will make the entire process hassle free and smooth.

2. Security: You do not have to worry about the security reasons of your apartment on rent. The owner will make the necessary security arrangements without bothering you or your family members.

3. Frequent Travelers: These apartments are very useful for the frequent travelers. If you are a frequent traveler, then owning an apartment is of no use. You can shift easily as there is no tension of shifting heavy furniture or any other security concerns of your house.

4. Repairing Expenses: You can save a lot of money by staying away from the unexpected and immediate repairing issues that can occur anytime of the day. You are not responsible for any kind of repairs related to plumbing, electrical problems etc. for your furnished apartment.

All the above benefits are the only reason of the increased popularity of rental homes in Florida among the people. There are wide ranges of apartments available that can suit your requirement as well as the budget. The other important factor is that these rental apartments are situated at convenient locations and have variety of features for making your living pleasurable and secure.

How Do you Pay the Rent When Business is Slow?

Copyright (c) 2007 Audrey Burton

Every business has ups and downs, but when you are a solopreneur, the downs can be devastating! If you don’t have another source of income or if you have used up your financial reserves, your choices might boil down to j-o-b or more debt.

Let’s explore some alternatives, and fix this before it goes too far!

I suggest a two-pronged attack with support. The support is very, very important. Prospects can smell desperation a mile away