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Commercial real estate properties ca be income-producing assets. In Michigan, there are several different types of properties from which to choose. Here is a brief overview of the major categories of commercial real estate. Multifamily Commercial multifamily...
If you're looking to open a business in the Michigan area with offices or a storefront, you may need to sign a commercial lease. As commercial real estate can be more difficult to navigate than the residential equivalent, it is important to know the different types of...
People looking for their first commercial property in Michigan often make the mistake of treating it the same way that they would treat residential real estate. However, commercial real estate often operates differently. In order to maximize your investment, you...
Investing in real estate can be an effective way to diversify your portfolio and maximize the return on your capital. There are many ways that you can invest in real estate such as buying homes, apartment buildings or plots of land in Michigan. You can also contribute...
Commercial mortgage-backed securities play an important role in the real estate market in Michigan. They are a useful way to get access to the market without having to own property and they are a key tool for investors. The MBS A commercial mortgage-backed security is...
When evaluating commercial real estate as an investment in Michigan, it's essential to perform due diligence on the property. This action can be critical to your success as you don't want to choose a poor location or get stuck with negative cash flows. Taking time to...
Buying a new home is exciting for any Michigan resident. However, it’s important to understand the issue of encroachment and how it can be remedied. What is encroachment? Encroachment is a common issue in real estate that occurs when something you own violates your...
As many business owners know, the commercial real estate market has changed dramatically over the last few years. If you signed a long-term lease several years ago, your rent may be more than the property is worth. How do you know if you should renegotiate the terms?...
The seller disclosure document outlines every important detail about a property's condition. If a home is sold as-is, the seller has to disclose information about the utilities, appliances, electrical systems, structural foundations and other features in the house....
In 2022, the commercial real estate industry faces certain problems that were not present several years earlier. In Michigan, fast technology growth and unknown economic progress are a couple of factors to consider in the real estate business. Remote work More...