Florida Commercial Real Estate – Enjoy the Advantage of Leasing A Property
And if you are trying to seek professional opinion, realtor will say that it depends on your specific situation. Actually, when it comes to this business decision, there is no such thing as one-size-fits-all answer. But if you do not have enough financial resources in purchasing a Florida commercial real estate property, then choosing and making decision is a lot easier.
Actually leasing a Florida commercial real estate property is still the smartest choice among all of the options that is presented to you. According to statistic, most of the company owners start off with a lease contract for their office space than buying a commercial property. In most cases a good number of business consultants recommend renting your workplace until your business begins to operate smoothly.
In order to help you in making decision whether to rent or to buy Florida commercial real estate property, you have to know the advantages of leasing a commercial property. Here are some of the benefits that you will get from renting the property.
-Normally landlord of the commercial property is the person responsible for the security, maintenance, remodeling and the proper management issues. You, on the other hand, will basically hold fewer responsibilities concerning the commercial space and therefore you will have all the time to be hands on with your business.
-One of the clear benefits of leasing a Florida commercial real estate property is the flexibility it affords. Once the lease contract ends, you can simply move to another commercial property that is better and suited for your business as well as for your budget.
-You are also enjoying your freedom from any mortgage obligation; you will be able to allocate it wherever it is considered necessary. This is very beneficial for novice business owners.
-Although the landlord usually receives the tax credit, a fraction of the benefit can still be passed on to the lessee of the Florida commercial real estate property in the form of lower lease payment.
-Since the commercial market features a wide array of selections to choose from, it is certainly possible to negotiate your way to a discounted lease price.
-Normally buyer has to pay a down payment of 20 to 25 percent of the total price. But if you opt to lease a commercial property, you are just required to pay at least one month or two months worth of rent prior to moving in. These aspects of renting a property are truly a blessing especially for those first time business owner.
Ell Ayson
Florida Commercial Real Estate
