It’s common practice to offer commercial lease incentives to well-qualified tenants. You want to get a good tenant in place who will stay for a long time and follow the terms of your commercial lease. The most popular lease incentives are tenant improvements and free rent. We always try to sign tenants without any incentives […]
LA Property Management News
Determining the Length of Your Commercial Lease | Property Management Advice
Having a commercial lease that’s longer than a year or two provides benefits for both the landlord and the tenant. As a commercial property owner, you want to avoid vacancy and be secure in the fact that you’ll have guaranteed rental income for at least three years. Tenants often need to show they have a long term lease in place when they’re applying for business loans or financing. Both parties appreciate the security that a longer lease term provides.
Best Tips for Negotiating a Commercial Lease in Los Angeles, CA
There is a lot of back and forth that’s involved in negotiating a commercial lease. With residential properties, it’s a simpler process. You set a price and then find a qualified tenant who is willing to pay it. With commercial properties, you’ll set a target price and then have more to negotiate because maintenance, CAM […]
How to Rent Out Commercial Property | Advertising Tips in Los Angeles
When you want to rent out commercial property, you’ll find that it’s a bit more complicated than renting out a residential unit.
Should You Require Renter’s Insurance?
Renter’s insurance is an affordable way for tenants to protect themselves and their belongings while living in your property. If you’re a landlord in California, you should include the requirement in your lease contract that your tenants buy and maintain a renter’s insurance policy for the term of the lease.
When your tenant’s dog bites, are you liable? Los Angeles, CA
Good question. Pretty much every carrier will refuse to insure a Los Angeles home if the occupant owns an aggressive breed of dog. Pit-bulls, Rottweilers, Presa Canarios, Dobermans and Akitas are on pretty much all carriers’ lists of unacceptable breeds. Most carriers will
