When considering the upkeep on a commercial rental property, it’s essential to have an organized maintenance checklist. Regular property maintenance is necessary to keep everything functioning as it should. Additionally it helps minimize risk to customers and renters. As a property owner, it’s your responsibility to protect your investment from normal wear and tear or other greater maintenance needs. If you’re managing your commercial property as an owner-operator, you likely […]
Becoming a life-long learner is invaluable to the success of any business. It’s easy to find a routine and stick with it for years because “it’s working so why mess with it.” Many business owners and managers can find themselves in a rut operating this way. A great opportunity for learning and networking is to join local and national organizations and associations related to your profession. Today we will focus […]
As an owner of commercial property, it’s important to be aware of the risk of damage to your property and to be insured properly to cover it. While it’s true that you can’t plan for everything, you can plan ahead for the more common issues that occur with commercial property. Approximately 75% of businesses in the US are underinsured. In difficult economic times, for example it is hard to convince […]
In America, the average homeowner cannot park a car in their garage. The garage has become a storage receptacle and the cars sit in the driveway. Let’s face it: we like our stuff. And we hold onto stuff because we might need it and we don’t want to be wasteful. Some quick facts on storage in America: 65% of self-storage renters have a garage in their home 47% of self-storage […]
Since May we have focused on making hurricane prep a manageable task. In general, hurricane prep is just a series of tasks to complete throughout the year so that you’re ready for anything that comes up. Maybe your business doesn’t encounter hurricanes, but you get tornadoes from time to time. Whatever the crisis, being prepared is the key to coming out in the best possible situation. We started in […]
If you’re currently a property owner or you’re considering a real estate investment of some kind, you have likely heard of LEED. We are going to discuss what it is and why it matters for you, as a property owner. What is LEED? LEED stands for Leadership in Energy and Environmental Design. It was a concept introduced in the 90s as a way to construct buildings more sustainably. Around […]
As Hurricane Ida just left its mark in Louisiana and along the east coast, we are reminded of the devastation a storm can bring. It’s one thing to plan and prepare, and quite another thing to have to live through a storm. We are thinking of our fellow Americans as many are still without power and facing the loss of their homes and workplaces. We are praying for those who […]
After move-in day my freshman year of college, I asked my mom “wait, so I have to do this every year until I graduate?” If you went to college, you probably remember moving into your first dorm or apartment. You remember carrying all the things up all the stairs and wondering why you needed so much stuff after all. But, it’s easy to forget that all the things have to […]
Self-storage is booming. It’s an excellent investment opportunity and here are a few reasons why. According to sparefoot.com , in the US alone, there are over 49,000 self storage businesses. Over 13 million households currently rent a storage unit for excess belongings. The National average for all unit sizes is $89 per month. With these quick facts in mind, let’s take a quick look at three properties we currently offer. […]
We have been tackling hurricane prep one step at a time since May. We are well into hurricane season for 2021. If you’ve tackled the tasks below already, you are well prepared for whatever lies ahead. Let’s recap what we have tackled so far in our monthly to do list that is more manageable. May hurricane prep: Contact insurance company regarding current coverage Communicate with tenants about their responsibility June […]
