Burt M. Polson - Commercial Real Estate Broker

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5 avoidable risks for commercial property owners - part 1

“I thought the only risk you had was making sure the rent check cleared the bank,” exclaimed Paula, a friend of mine who is considering investing in commercial real estate.

Jokingly, I had to explain that investors do not just sit back collecting rent checks each month. There are ongoing responsibilities an owner should perform during her ownership to not only ensure a happy tenant but also mitigate risk.

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You Can Tell a lot by the Title - Part 2

Like the title to a good book, the method the owners hold title to real property can tell you a lot about the purpose of the property. Depending on how an owner intends to utilize the property could dictate how title should be held.

Additionally, what the owners would want to accomplish when title is conveyed through a sale, probate or some other means should be considered when the property is acquired.

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