Purchasing Commercial Properties

It doesn't matter if you're starting a new business, needing to change locations or simply needing more space, at Ted Warkentin, my objective is to help you find the perfect commercial property for you. First, here are a few things to keep in mind when buying commercial property:

• Tax deductions. Business expenses are an additional source of income at the end of the year, and purchasing a commercial space is at the top of the list.
• Autonomy. When you own your property, you have control over your own space, without clearing anything through a lease manager.
• Additional income. Commercial properties are also called "Income" properties. Rent the extra space in your building to other tenants for a profit.
• Retirement fund. Think appreciation! As you acquire equity, it will become an asset to you and your company.
• Fixed costs. Locking in your mortgage rate will give you a clear picture of costs per year.

The items listed above are just starting points when pondering purchasing office space. We'll also need to dive into details such as: How much parking do you need? Do you need a warehouse? ? Do you need a large or small conference room? What kind of growth do expect to experience in the next 10-15 years? By combining salient details about your business with my expert knowledge of the local market, you'll gain maximum benefit from your commercial real estate investment. Call 5802840044 for a consultation today.