Buying, selling and renting commercial real estate property in Mississippi can add a unique dynamic to your investment portfolio. When you use the right tools, your effort can provide a lucrative outcome. Staying competitive is a big contributor to your success. When...
Commercial Real Estate
What factors may impact the commercial real estate market?
Commercial real estate is quite different from residential real estate. The uses and even buyers in each market are quite different. Agendas and goals are not the same for buyers of commercial properties and residential properties. These differences can impact the...
Can you use a 1031 tax-deferred exchange?
If you have a commercial property you wish to get rid of but you have concerns about the tax consequences, you may be able to minimize your liability through a 1031 tax-deferred exchange. This type of transaction allows you to trade property with another owner and...
What red flags should you look out for in a commercial lease?
Many commercial properties in Mississippi have longer lease terms than residential rentals, so it is particularly important that you understand the terms you agree to before you sign on the dotted line. When reviewing a potential commercial lease agreement, there are...
What are the terms of an oil and gas lease?
An oil and gas lease is important to protect your rights whether you are the lessee or lessor. The Mississippi State University explains there are two main parts to any oil and gas lease. Understanding each part will enable you to get the most from the agreement....
3 tips for negotiating your commercial lease renewal
When your commercial lease comes up for renewal in Mississippi, it may serve you well to revisit its terms and see if it makes sense to try to renew your lease and remain in the space you currently occupy. If you decide to try to stay in your current commercial...
What is required conformance under zoning laws?
Zoning laws are more than telling you what type of structure you may build or what activities you can do on a certain area of land. They also provide other important rules you must follow. The City of Flowood explains conformance with the law is mandatory to avoid a...
What does Yazoo clay mean for your commercial property?
If you are thinking about purchasing a piece of commercial property in Mississippi, you probably already understand the importance of performing extensive due diligence. As part of this due diligence, you may want to conduct a property inspection. When you do, you...
What are red flags in commercial lease agreements?
After several months of planning, you feel ready to bring your business to life in the right building. Without knowing common commercial real estate agreement pitfalls, the wrong lease could turn your dream business into a nightmare. LinkedIn explains several business...
3 things to consider when negotiating a commercial lease
Taking on a commercial lease is a major decision that requires careful consideration. If your business ends up tied to a legally binding agreement that is not workable, there could be noticeable impacts on profitability. As a result, it can be beneficial to prepare...