Starting A Business? Commerical Properties Are The First Step
Keep your rental commercial properties occupied. You are responsible for the expenses associated with keeping your unoccupied spaces updated and maintained. Figure out why you have spaces that are consistently open. In some cases, you might need to do some problem-solving so that tenants will want to rent these spaces. Make sure you have enough cash flow available for you from family, friends and any professional lenders accessible to you. Make contracts so you can pay the loans with a fixed rate, or hand them a portion of your property income.
Look for a broker firm that is honest. Start by asking them about how their money is made. Their answer should be discussed openly. You need to know if their money-making priorities are going to trump your real estate needs.
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