This article explores the advantages and drawbacks of leasing versus buying a property for a childcare centre, providing insights into the financial implications, ownership benefits, and long-term considerations for prospective childcare entrepreneurs.
When investing in commercial real estate, it’s important to consider the following factors: Location Look for properties in areas with a strong economy and good transportation access. Depending on the types of commercial real estate, the locations might be different and your target tenants will be different as well. You have to select the locations …
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What is POTL? POTL stands for Parcel of Tied Land (POTL). It is a concept related to Condominium Corporations. To understand POTL, it’s essential to have a basic understanding of Condominium Corporations. There are different types of Condominium Corporations, with the most common being the standard condominium, which includes condo buildings, high-rises, medium-rises, and townhouses. …
As a landlord, there are various ways to handle utilities in different types of rental properties. Let’s explore the options for different building types and how each utility can be managed. 1. Utilities for Single-Family House: All-Inclusive: In this scenario, the landlord pays for all utilities, including gas, water, and hydro. The advantage is that this …
