What is a 1031 Exchange? A 1031 Exchange is a nothing more than a tax deferment. It is used as a strategy by successful commercial real estate investors. Real estate investors get to defer their payment of capital gains taxes on any investment property that they sell if they turn around and purchase a “like-kind” […]
Is your practice bursting at the seams? Need a second location? Maybe you’re getting ready to start a brand new practice? Whatever your circumstances, you are in need of a new space for your practice and buying makes more sense than leasing right now (Stay tuned for a future blog post on how to decide […]
Are you just getting starting in real estate investing? There are many complex subtleties that make it very different than other types of investing. However, when done correctly, this type of investment can yield a much greater return on your hard-earned money. Of course, the ultimate goal of any investment is to minimize your risk […]
What Every Building Owner Needs to Know What is Radon and How Does It Get Into the Building? Radon is a chemical element formed when uranium in water, rock, and soil begins to break down. This causes the release of radon gas into the dirt beneath a building. It’s heavier than air so it […]
When a buyer or company decides to purchase a piece of property to develop for commercial use, they will usually have an Environmental Site Assessment (ESA) completed before taking out a loan. An ESA is a study established by the American Society for Testing and Materials (ASTM) to evaluate land and identify any potential contaminants […]
Purchasing commercial property for any use can become a nightmare if done improperly. To help buyers avoid undue costs and time commitments, Craft Commercial has created the top 5 things to be aware of when purchasing commercial property. 1. Land Requirements First and foremost, a buyer needs to consider how much land is needed to […]
Choosing the right building is essential to growing your business. As you narrow your search for the right commercial property in the Triangle area, consider the following costs and property issues if you plan to lease the building. You may want to avoid selecting a property that raises these red flags. Concerns About the Property Can your building support the technology […]
When most individuals begin looking for investment property, they tend to gravitate towards office space and rentals. While these are good options, self storage is an often overlooked alternative that has great returns. The Benefits of Self Storage Whether downsizing or moving locations, the average individual will choose self storage over parting with personal property. […]
Class A Office Buildings Office buildings are classified into 3 categories: Class A, Class B, and Class C. These distinctions are based on age, location, amenities, aesthetics and general infrastructure. A building’s overall quality, price, and average tenant rental rate is determined by its class based on the market area. 7 Things That Make a Building Class-A 1. […]
Every landlord is different. They use different lease agreement forms and will often use different rental terminology when referring to the same rental type. It is important to understand exactly what the landlord means and what is expected of you before you sign a lease. To guide you along, we have created a basic glossary for commercial […]
