The Balancing Act

Confused of what to buy, when and where?

The trick in buying real estate is to view all possible decisions using both the logical and the emotional perspective. If a situation presents itself that requires a trade-off, decide on whether there is a huge conflict or a small one. Logic should win the big conflicts, but emotion should always be a factor, even winning the small ones.

You will find yourself owning a warm, happy, safe home – and an investment for the future at a price you are willing to pay.

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Commercial Spaces: Updates on Design

A commercial space is an important area in any business. Location wise and design wise, the space is the face value of your business. There are a lot of businesses who fail to see the importance of an updated commercial space and end up closing the business. This is why it is also important to consider the design of a commercial space as this will help invite possible customers. If you are planning to consider a commercial space it is vital to do a conceptualization first because you start to plan for the basic stuff  which is the crucial part.  Make sure that you deal with a person that can offer you various design ideas and will generally help you with your plan or concept. Make sure that you agree on the budget before anything else to prevent overspending. This will help you prevent unnecessary tension in the project that may lead to disaster.

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Looking Ahead

Days do pass, time slips away but your investments do stay to generate income for you. Look ahead of your time, think of what wealth you may get in investing in commercial spaces and real estates.

Huge number of properties are up for sale, what you need is the appropriate need you want to satisfy. What may seem unimportant for you today may be of great value tomorrow.

The future is yet to come as many people say but it is wise to prepare for what may come…invest in commercial spaces or real estate and be prepared for the future.

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Things to Consider in Leasing a Commercial Office Space

6.JPGMoving up to a commercial office space commonly provides a notion to a small business owner that his business is growing. The things you need to consider in choosing that perfect commercial office space for your business expansion are the following:
* Space- check if the new space can accommodate your expected growth of your business
* Location- know your target customers and determine the location you chose is accessible
* Parking- your employees as well as customers will need a hassle free parking area.
* Tenants- if there are other tenants aside from you, it is important to have good relations with them.

Recession Over? Really??

Many say the effects of the economic recession has passed yet the effects are still being felt. Jobless rates have started to fall yet there are still a lot of jobs needed. Many in the real estate industry have been left in the dust when the problem broke, leaving thousands without jobs. Most of these employee’s are comprised of middle aged people who are finding it harder to get new jobs, why?

Well it seems the age for retirement has been left in the dust as a mere figure and older folks above 50 are finding their savings very much insufficient for a proper retirement. They are now staying at work indefinitely to make up ground for lost savings they dug up during the hard times that have passed. Is the recession over? Will the economy ever recover well enough for everybody to get their jobs back? These are questions that still need answers and with the economy still at a fragile balancing act, it’s hard to tell….

Upgrades….. It’s all about Upgrades

rennovationHaving a commercial business is a tough proposition specially during these economically challenged times. There are however some things your business cannot do without if you are to maintain profitability with competition coming from each and every direction, looks.
You might argue that it’s all in the eyes of the beholder but mind you that customers want change from time to time. Upgrading the look of your business is vital to maintain its appeal and basically for safety reasons. Remember the safety issues with lead in paint, well if your place has not been re-painted in 10 years or so, you’re smack right in the middle of one big problem. Though cosmetic (more…)

Microsoft Lease Space

The world’s leading software company has announced that they have, as of yesterday signed a long term lease for offices right in the heart of New York City, Times Square. The building where the new office will be is owned by SJP property investors and Prudential Real Estate Investors. The impressive office is 200,000 square feet in a 1.1 million-square-foot, LEED-Gold-certified office and retail tower in Midtown. Microsoft employees will definitely be pleased because it is situated in the perfect place that has direct subway access to all stations of New York. It is also one subway stop from Grand Central Terminal. This will definitely be convenient for workers to easily avoid Manhattan traffic.

The building is said to be managed like a five star hotel which complements just how prestigious Microsoft is. It will make a good impact on business because relocating to this new office is a sign that the company is continuously growing and improving.

Saving for your life

It is not easy to save money with all the expenses around us, but it is definitely safer for us to set aside a few dollars for there will always be rainy days. Saving for retirement is something one must foresee, we will not earn as much as we use to.

What we save today will benefit us tomorrow but why wait when we can invest our savings on properties that earns? Look into the brighter side of investing on commercial or residential spaces, the value never depreciates.

Owning a property as young as you are now, you are assured that you will be secured and stable after retirement.

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More Commercial Projects in Chennai

nullA lot of leading developers and realty companies are launching their new residential and commercial projects in Chennai to fill the rising demand. Most of these projects are in Chennai’s IT Corridor. Chief locations include Nungambakkam, Anna Salai, Mount Road, Cathedral Road and Dr. Radhakrishnan Salai. These areas have been accessible and easily preferred by property builders.

The present capital value of Radhakrishnan Salai is already 4,500 – 5,000 Rs/sq ft. This is now the most expensive commercial area in the whole of Chennai. Property bookers from Chennai have informed that other prestigious locations like Cathedral road and Anna Salai are also following suit.

Tips in Commercial Real Estate Investing

nullThe good thing that has come out of the mortgage crisis in the U.S. is that people have been interested in investing in real estate now that the prices are dropping, and low prices in turn makes them possible to do that.

Before you jump into investing, first you have to remember that commercial real estate would require more of your attention and time rather than dollar investments alone. If you are considering purchasing rental property, this means that you have to take care of your real estate property and your tenants as well. So, you have to consider time availability on your side.