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They’re not always legally required, but that doesn’t make them unnecessary. A condo inspection can help you take care of your residents, your property, and your budget. A condominium’s Board of Directors has a fiduciary responsibility to its residents. This means that every decision you make—large or small—must be in their best interests. And
You put in an offer on a new home, but it didn’t pass inspection. What next? Here’s what happens after a home inspection uncovers major issues. You’re about to drop a big chunk of change on a new home, so you decide to get an inspection first (good call, by the way). And that’s when
Worried that negligence and fraudulent draw requests will eat through that construction loan? Draw request monitoring is the answer you’re looking for. It isn’t uncommon for a construction project to experience several setbacks before the building is completed. Such issues are common, but that doesn’t make them acceptable. New construction is a huge investment, but
Does your condo association have an adequate reserve fund? Upkeep and maintenance can be expensive. Make sure you’re ready with a reserve account analysis. As a board member of a condo association, you have a responsibility to look after the best interests of your residents. You select a trustworthy landscaper, enforce community rules, and stay
Having new office buildings, warehouses, apartments, residential homes, strip malls, or any other structure built from the ground-up according to your own specifications often sounds like the easiest way to avoid extensive (and expensive) repairs later on, but before you start talking to architects and builders, you should know that new construction is plagued by
House hunting can be a long, stressful process. But don’t let finally finding your dream home blind you to its potential issues and pitfalls. A property inspection can give you valuable information, whether you decide to move forward with the purchase or not. But not all property inspections are created equal. Just as you can’t
Completing a commercial construction venture is a delicate business. And if you’re an investor or lender, you’re responsible for all of the risk while holding none of the control. How can you be sure the job will be completed on-time, on-budget, and with no costly surprises? Knowing what you’re getting into before property changes hands
The construction management field is booming. The Bureau of Labor and Statistics predicted an eleven percent growth in this job market over the next 10 years. With economic growth comes more commercial construction and the need for a construction project manager to keep everything on-track.
There’s few things more exciting than a growing business. But whether you’re starting a new venture or simply outgrowing your old space, you need to decide between buying or building a commercial property. Both options have their merits and downsides, so it’s important to look at all of the factors at play. A wrong decision
Looking to invest in South Florida real estate? If so, there’s something important that you need to know about commercial properties: the 40-year recertification requirement. In Miami-Dade and Broward Counties, all buildings which are 40 years old from the date of the original Certification of Occupancy must be recertified by the Building Official. If your building
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