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Like other cases where businesses focus on their core competency, I think many businesses just rent and let the professional landlords worry about such things.
by lastofthemojito 3y ago
Like other cases where businesses focus on their core competency, I think many businesses just rent and let the professional landlords worry about such things. Unless your business is really chiefly a real estate play, like say those self-storage companies that buy property in far-flung suburbs, run a low-investment business for a few decades and then sell the property when sprawl has driven up land values.
- bequanna 3y agoThere can be good reasons to acquire the commercial property your business utilizes. If you occupy >51% of the space there are SBA loan guarantees which only require 10% down. You can then lease out the remaining space to other tenants.