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.
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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.
How to Improve the Curb Appeal of Your Los Angeles Residential Investment Property
First impressions are always important, and that’s why having maximum curb appeal is critical for your residential investment property in Los Angeles. Whether you are renting out a single-family residence or a multi-family building, the outside of that property will help swing prospective tenants your way if the outside of your property is appealing. Simply […]
Your Tenant Stopped Paying Rent – What Next? Advice for Your Los Angeles Investment
When you’re placing a tenant in your property, you’re looking for someone who will take care of the home, pay rent on time, and follow the terms of your lease agreement. One of the best ways to avoid evictions and late-paying tenants is with thorough tenant screening. However, sometimes even the best tenants have financial […]
Do I Need Landlord Insurance? Los Angeles Property Management Advice
Homeowners who decide to move out of their property and rent it out to tenants need to switch their insurance policies. A homeowner’s insurance policy only covers you when you are the owner and occupant of a home. Once you move out of the property and turn it into an income-producing business, you need to
