Purchasing A Commercial Condo
Are you ready to purchase a commercial condo for your medical practice? A commercial condo offers a variety of benefits for medical entrepreneurs in private practice or partnerships. Unlike other types of real estate, where up to 35% of the property cost must be put down in cash, medical professionals can purchase a commercial condo […]
The Pros And Cons Of Leasing Vs. Buying
Popular wisdom would have you believe it’s better to own than rent. But does that rule still apply when deciding whether to lease or buy your medical office space? The pros and cons of leasing vs. buying are similar for medical entrepreneurs as they are for the general population, with a few important distinctions: Just […]
What to Ask for/Expect in Your Commercial Lease
When negotiating the terms of a commercial lease for your medical practice, you have a lot of power. Unlike residential leases, the terms of a commercial lease are not set in stone and can be tailored to meet the individual needs of each lessee. Here is what to look for and what to expect from […]
What is a Commercial Lease?
If you choose to rent office space for your medical practice, the terms of your rental agreement will be outlined in a commercial lease. Much like a residential lease, a commercial lease is an agreement between a tenant and a landlord. The main difference is that with a commercial lease, you have permission to conduct […]