article thumbnail

From Industrial to Retail: A Deep Dive into Evaluating Commercial Real Estate

The Robert Weiler Company

When buying commercial real estate in Ohio or beyond, you must have access to a roster of current tenants, service contracts, and maintenance records. As you may remember, the young Jedi-to-be is seen inspecting with dismay his recently chartered flight, the Millennium Falcon, for a speedy trip to the planet Alderaan.

Retail 158
article thumbnail

Commercial Property Manager Maintenance Tips for Every Season

The Robert Weiler Company

Managing apartment buildings, or an office, retail, or warehouse space? If you manage an apartment complex, invite your tenants for an event that will foster and brighten your community. Inspect Equipment for Safety. Call upon a professional when inspecting the HVAC system. Inspect and Clean Debris.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How to Find a Property Manager Company in Ohio

The Robert Weiler Company

Hiring the wrong property manager can result in missed rent, vacancies, poor maintenance, tenant dissatisfaction, and financial loss. A property manager is a liaison between the property owner and tenants, staff, or contractors. The objective of a property manager is to run the operation smoothly while maintaining tenant satisfaction.

article thumbnail

How Digital Forms Can Help Your Small Business

GoForrmz

These forms can be anything from safety inspections to service records! ” — Corey Bland, Development Manager, CCDC See how CCDC digitized their compliance paperwork to streamline application processing and tenant communication. While reviewing your data is a good idea, it can be time-consuming to sort through paperwork.

Business 148
article thumbnail

Selling Commercial Real Estate? 24 Practical Techniques to BOOST YOUR ROI on 5 Different Property Types

The Robert Weiler Company

CRE Property #2: Retail/Restaurant Storefront. Retail space for sale differs from other types of commercial real estate because owners are trying to either (1) attract customers, or (2) attract tenants that plan on attracting customers. Retail and restaurants require a minimalistic approach when it comes to staging.

article thumbnail

Investing in Commercial Property for Sale in Columbus, Ohio? The Complete Beginner’s Guide!

The Robert Weiler Company

retail and restaurant headquarters, but the Columbus, OH real estate and job markets have seen remarkable growth, too. In addition to the prospect of skyrocketing property values, buying commercial property for sale gives you control of the property and allows you to dictate usage, rental agreements, and types of tenants. .

Investing 138
article thumbnail

Eleven Types of Risk in Commercial Real Estate

Property Metrics

Similarly, leased property includes a risk that tenants will not be able to make timely lease payments as expected. Late payments can create cash flow problems for the property owner, but the situation can be worse if the tenant goes out of business and moves out of the space. Inflation Risk. Interest Rate Risk.