Buying an office building can provide a lot of opportunities. It adds to the business assets. Provides a permanent place for your business and it can provide overflow space to lease which can help with mortgage payments. Generally to qualify for a mortgage you must own at least 51% of the property. If you are… Read More »
For many reasons, renting medical office space for your practice may be more practical and profitable than purchasing a building to house your practice. Both processes can be time-consuming and stressful, here are 6 reasons you may want to rent vs. buy medical office space for your practice. Lower Costs – If you can find an… Read More »
Whether a company is an established business or a fledgling start-up, saving money is always a good way to impact the bottom line. So the question of whether to buy or rent office space eventually comes up in evaluating your options. Since most businesses start off renting, the question is usually whether or not to stop… Read More »
Small business administration (SBA) guaranteed loans are an excellent resource for small businesses to obtain favorable loans for both leasing and to finance commercial real estate for owner occupants. What many people are unfamiliar with related to the SBA loan programs is that there are two programs in which small businesses may be eligible to… Read More »
Many practices own their office space, but it’s surprisingly common for them to choose rental or leasing options instead. Here are a few of the top reasons to look for to lease medical office space instead of buying it outright: There’s no need for a substantial down payment. Even for established practices, the need for… Read More »
Deciding whether to purchase or lease medical office space is a big decision. To help you, below are a few of the advantages offered by both purchasing or leasing medical office space. Leasing Advantages A lease requires less capital investment than buying. This can be a big advantage to new practices trying to get established.… Read More »
Do you think you may be ready to buy office space for your business? If you’re looking to acquire office space for your business, you will need determine your needs before signing on the dotted line. If you are considering buying office space to house your business, you will need to have a clear vision… Read More »