Commercial Real Estate
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GKW Properties is committed to creating the perfect environment for your business headquarters. Buying or building, we have the experience and expertise you need to be confident you are making the right investment. These articles are full of important information you will need to consider before you begin to search for your commercial property solutions. Contact us today for a FREE consultation.
Buying vs. Leasing
A business' decision to buy a commercial property is an investment decision. With interest rates at near historic lows, now may be the best time. Owning your own property also offers many benefits. If you choose to have additional tenants in the building, these tenants could potentially pay the mortgage for you, as well as providing a steady cash flow. If you are an entrepreneur, and you buy the property in your name, your business could pay rent to you, the owner. This could potentially generate income for you, without double taxation! Also, each month, you will build equity for yourself, instead of making a landlord rich. If the property value increases, so does the equity. In addition, you will be in complete control of the space, what goes on there, and costs involved. Most tax consequences are positive, and you should learn about and take advantage of these tax situations. You should also consider the short- and long-term future of your business. Space needed, cash on hand, and available credit should be considered when choosing a commercial building or space in which to invest. Finally, you should consider choosing a property that is likely to sell if you need an exit strategy. Pay special attention to location, amenities, and condition.
GKW Properties can help you calculate the cost of buying vs. renting. We will help you decide if investing in your own commercial property is the right move for your business. We have the knowledge, expertise and experience to guide you in the right direction.
With over 20 years of experience, GKW Properties can fulfill all of these needs for you and your business. Contact us today for a FREE consultation.
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