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.
Property Management Education
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 […]
Emergency Commercial Property Maintenance in Los Angeles – Who’s Responsible?
Emergencies happen, and at Los Angeles Property Management Group, we usually find that we’re dealing with a maintenance issue at a commercial property a few times every year. Property managers or landlords need to make an assessment at the time of the emergency to determine whether it’s the tenant or the owner who is responsible […]
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.
What Do The Best Commercial Property Managers Do in Los Angeles?
Managing a commercial property is a lot different than managing a residential property or a multi-unit building. At Los Angeles Property Management Group, we have a leasing agent who is dedicated to our commercial properties. If you’re wondering why you might need professional property management for your commercial space, there are a few specific things […]
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 […]
