Archive for March, 2010
Mar
31
Can I do a 1031 exchange with money from the sale of a long-term lease?
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I have a long-term lease on a large commercial building. I’d like to sell this lease and re-invest the money in the purchase of an investment property. Do I qualify for a 1031 exchange in this case?
Repossession
Mar
30
How much does plumbing cost to start a Yogurt shop?
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I am starting a Yogurt Shop like Pinkberry. I am planning to lease a 800 sq ft space. The space was a previously a office, a rectangular layout. It does have a bathroom in the back, what would be the rough amount of cost to get the adequate plumbing in there?
Quick House Sale
Mar
25
Commercial property Valuation?
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I am looking to find a formula to value a warehouse for sale. It’s offered at $285 a SF and is vacant. What rent would I have to receive to justify this price assuming a triple net lease.
Is there a formula to calculate the triple net.
The property is located in California
Quick Property Sale
Mar
24
Hassle Free Property Sale
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Certain property companies will help you in sell and rent back service, where you can sell the house and stay in the house by paying rent. If you have sold your house but not willing to move out of it, then you can rent the house back and stay there till you like. There is lot of stress in finding a house and then moving your belongings, finding new school or colleges etc. The beauty of selling the house and renting it back is that though you are not the owner of the house but you can stay at the house after selling it. As you have sold your house and cleared all the arrears you would no longer be threatened by repossession. You may be comfortable in paying the rent which can allow you to remain as a tenant and in the future if the circumstances change you can buy back the property. It can also benefit you when you are going through a divorce and have to sell to split but one partner wants to stay in the same place by renting.
The property companies will help you in sell and buy back service, where first the property owner sells his house to these companies and buy back in the future from them. People generally sell their homes because of financial hardship. But people generally leave their hardships behind like a bad dream but with their hard work and determination they buy back the house again. But there is one problem. The property prices may have gone up by then. In most parts of UK the prices have doubled in last few years. This puts the property owner in trouble as to whether he will be in a position to buy back the house. Certain property solution experts, to whom the property was sold fast, now can be purchased by them because they give you an option as if the property prices go up you can buy the house back from them anytime in the next 2 to 5 years time at today’s price. If the home prices fall they you have to just walk away and buy a cheaper house somewhere else. So you don’t have to face the risk.
The best option to sell house fast is to give the job to a professional. A realtor will know the selling strategies that work best in your area. He will guide you in every step of the selling process. A good realtor will help you in house selling tips. The first thing to consider is the price. The realtor will help you to keep an average price so that you can sell your home. Just try to verify the prices with the neighborhood who have sold their home. If you have kept more prices then you have to lower the price. The second thing to look after is how to deal with a clutter. Try to make the necessary repair. Fresh paint, mowed lawns are important factors in making your house look attractive and saleable. If there is too much junk in a room it makes the room look smaller and distracts the buyer’s attention. See to it that the bathroom and kitchen are spotless. If you have hired a realtor let him do the selling. Also see to it that the prospective buyers have plenty of alone time to explore the house.
Quick House Sale
Mar
22
Commercial Property UK Ads in the Frontline at Low Cost Through Search4premises
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Advertising commercial property in the UK can now be done in a few simple steps. Searching and posting commercial property classified ads are trouble-free too. At Search4premises, commercial property marketing can be done with ease. If you want to market or invest in commercial property but you don’t know where to start, give Search4premises a try. Search4premises is a secure online advertising site for UK commercial property and businesses for sale. The site services those looking for commercial property and those needing low cost advertising solutions as well. On the one site you can find properties, offices, spaces, businesses and warehouses for sale, rent or lease, whatever suit your needs.
Search4premises works as a catalyst for property buyers and sellers, a vast community where you would need to spend a fortune for advertising, or to find the right commercial property fast. Advertisers include private owners and property professionals like commercial agents, surveyors and private leaseholders. This means a large pool of prime properties to choose from and effective marketing for sellers. Interested buyers make contact direct with the advertiser.
Advertising on Search4premises is not only inexpensive but, what’s more, we don’t ask for commission or other charges except for the minimal one-off fee on the ad space. This is a site that also considers security during payment so we have teamed up with Paypal to ensure that payments are handled by secure servers capable of data encryption.
Posting an ad for commercial property UK is made easy and fast in Search4premises, because of an easy, well organized step-by-step process. There are two ways to advertise, display adverts and classifieds. There are categories for private owners and property professionals. In this way, suitable advertising packages are available for you depending on your type of registration. If you are a private owner and need to post only a single commercial property, register as private owner, but if you have more commercial property listings to post, select the property professional registration type. Of course we also give you choice in advertising. You can choose to post your ad in a standard manner where a photo of your commercial property for rent, lease, or sale is shown together with all vital information about the property. Or, for business services and trades etc. you can advertise in the classified pages listings where lists of available commercial properties and businesses for sale are segregated into distinct property types for quick and easy searching by potential buyers. In this section, registered members are also allowed to post want ads so that anyone in the commercial property UK market who has what you need can notify you right away, making finding the right premises for your business faster and easier.
Search4premises also provides an efficient search tool for convenient searching of commercial properties. This means you don’t have to go through hundreds of different commercial property sites to find that single property that you need. All you need to do is give a specification of the type of property you want and the location and in one click you will have the list to choose from. This search tool is actually one good way to keep you advertisements in the frontline as well.
Repossession
Mar
20
I am not doing good business and pay the rents from my own pocket and not event getting any salary. I tried my best to make this business sucessful but due to its location and lack of traffic I am not getting enough customers.
I can’t go on and pay the rent and other expenses and quickly running out off money.
Kindly some one give me advice to get out of this suitvation.
Thanks
Quick Property Sale
Mar
19
Negotiating in Office Leasing, the Perfect Office Space
Posted by: | CommentsThe office space that you work in every day is one of the largest expenses for your company. One way to control this cost is to shop around and utilize some simple negotiating skills to get the best office leasing option. If you can take some time to get yourself into a good lease you could save your company enough money to make a very big difference.
No office lease is standard so you need to negotiate with each one. The term of the lease is one of the first concessions when you are negotiating. Your needs may change over time so keep this in mind when thinking about how long you want to stay in the same location. Also think about how much space your office has available. Make sure that you have enough room to grow if necessary. You may also want to consider getting the option to renew your rent at a fixed predetermined price. Think about the time you will need in the space but also about the time you may want when your lease is up.
Look into what the landlord charges for the extras. Some of these items may be maintenance, HVAC, general operating costs, repairs, improvements or replacements. Some leases may require that you return the office to the condition it was in when you first moved in. It could be to your benefit to get a cap on the amount you are charged for all the extras because they can add up rather quickly. Improvements in the space may also require their buyoff so make sure that you understand what the lease says regarding their approval to change the space.
Unfortunately, you can’t generally negotiate a lease with a fixed rate over a long period of time. Usually there are annual increases based on a specific percentage. Perhaps you can negotiate how many years it is before this kicks in or think about asking if you can get a cap on the amount of the increase or maybe a set amount each year rather than a percentage.
Think also about the flexibility you may need in your space if you think you may need to undergo a merger, reorganization or subletting. There are so many things that could change in the years to come and it is important to consider all the options when signing your company up for a new lease. This can really make a difference in the future.
Negotiation will be the key to success when getting locked into a lease for your company. Take the time to study up on some of the areas that you can ask questions. Study the fine print so that you know all the options you have in the building and with your office space. If you are locked into a lease for 5-years you never know what might happen in that time. Plan ahead – project where you think you might be in that amount of time. Look into how you might grow and change so that you can predict the best lease possible. Don’t be afraid to ask for what you want – you might just get it.
Sell and Rent Back
Mar
19
My Lease is up next year and i want to know if i should fix up damages?
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i will be turning in my 06 jetta that during the course of the lease has suffered some noticeable dents and scratches. Should i bother taking it to a body shop to repair or is there another way of going around getting raped on damage charges. This is my first leased car so i don’t know what to expect.
Sell and Rent Back
Mar
18
I want to open a shop can somebody tell me the procedure?
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Costs involve in renting a shop and any contracts involve. Wht is mean by leasing a shop and renting it?
Rent Back
Mar
17
How can we give shop on lease to bank?
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