Archive for the ‘Business’ Category

Guide to Buy Commercial Properties in Chicago

When you want to buy a commercial property in Chicago, make sure you know what to do so as to have a smooth and hassle-free experience. Make sure that you know what questions to ask and what to do so that you can buy commercial property successfully. 1. Understand Your Situation The first step is to understand what kind of property you are looking for, the location that you are seeking it in, whether you will lease it or buy it permanently, and whether you have some enough cash to make the payment. You also need to see if you will be able to hire the services of a real estate agent, whether you can commit enough time to make repairs on the property, whether it is a good idea to make the investment. You also need to see if your landlord is accommodating, whether you are willing to follow the rules of the property association and if you are better off buying a property than renting some. Once you evaluate the situation more carefully, you will be much better equipped to making an informed decision. 2. Research on the Properties that you are looking at Make sure that you tour as many properties as possible. Make sure that you research on the characteristics, locations, prices and drawbacks of every property so as to be able to get a comparative picture. Go through the terms and conditions of each of them so that there are no hidden surprises. Check out the value of other properties in the same location; calculate the property taxes that you have to pay, the rent/income that it can seek should you sell it in the future. 3. Find an expert agent Since buying a commercial property in Chicago is not an easy process, you should hire the services of an expert real estate agent who specializes in commercial property in Chicago. You should also consider hiring the services of a commercial real estate attorney, a commercial realtor, a commercial accountant and a broker who specializes in mortgages. You might also need a tax expert, some engineers so see if the property is fine, and notaries. Thus, make sure you have some time and money to be able to do these. Also, conduct some due diligence on the property like previous occupants, and sale deeds so that you know what you are signing up for. Read the local news for important changes in the marketplace. 4. Arrange for Financing Make sure that you have the finances ready so as to be able to purchase the property of your choice in Chicago. Figure out banking services, mortgage plans and credit unions that you could use to smoothen the process. Find out about principal and interest rates and other traditional financing methods so as to be able to purchase the property. Once this is done, you will be able to concentrate on other aspects of the process like repairs and upgrades. If you follow these guidelines, hopefully, you will be able to sail through the process of buying a commercial property in Chicago. Good luck!

Tips for employing a builder’s company in South Carolina

No matter where you live, finding a good builders company that is reliable can be pretty tough. With this daunting task at hand, you’ll have to weed out the good from the bad and doing so in the State of South Carolina is no laughing matter. While you could do it the hard way of just looking up various companies, we’ve put together some tips to make it easier and find a more reliable method of finding a builder company that does a good job. The next time you have a job at hand, take a look at some of these great tips to save you time, trouble and maybe even some money. Tips for employing a builder company First and foremost, you want to make sure you have approval to build whatever task you have at hand. There are typically two to three different types of approvals that most people have to go through. However, when it comes to the state and federal, they may require one of two types: Building regulations and planning permissions. A buildings regulation approval isn’t necessary if the person or company that is being hired has a competent person’s scheme. If the person isn’t listed through the scheme, then you have to file separate types of paper work and fees to get approval for the project. For those that do require approval, this now means you’ll have to get some sort of surveyor or architect to help you apply for approval. Next, you want to make sure you’ve gotten a good builder company which can be done through something as easy as checking a company’s references. Talk to people who’ve worked with them before and find out the types of experiences they had and what you can expect. Don’t be afraid to ask for proof of their qualifications and certifications to make sure they’re legitimate. Never hire anyone who isn’t specifically certified in the areas that you’ll be requiring for the project. Another important thing is to check if they will remove all the debris and junk remaining once they work is complete. You may have to use the services of a South Carolina dumpster rental service company in order to dispose of the waste generated during the construction process. You’ll also likely want to call around and get a free quote from different companies. This can help ensure that you’re not only getting the best quality work, but the best price that can be offered as well. Once you’ve decided on a company, make sure they have insurance that can cover them as well as you in the event that they get hurt on the job or something gets messed up. This is great for both the person hiring as well as the company you intend to hire. Finally, you’ll want some form of a written contract that will state all the work that’ll be done, the price and the time frame in which it’s to be completed. It can also outline what you are responsible for or what they are responsible for. Finally, be prepared for the inevitable, as no matter what you do most of the time everyone runs in to a bit of a snag. By preparing for things that could go wrong you’ll be able to solve them easier and get back on track.