This blog forum is for the discussion of real estate as an investment and as a place to call home. The home that you own is an investment as is the shopping center investment or the rental apartment building. All topics of real estate to further wealth building and wonderful living are open to discussion. The more diverse the better. Please try to challenge us.
Friday, March 9, 2007
A Building for Your Business
When considering to purchase a building for your business think business first. Which building will give your business the best combination of location, size, dimentions, zoning, functionality, less maintenance, visibility - the list goes on and on. My point is - price is secondary to the goal which should be will this building allow me to make more money (and how much more) in my core business. Real estate as an investment takes a back seat. If your desire is to invest in real estate, don't tie your hands by coupling your business needs and your investment ones. We can also talk about a lease vs. buy analysis - very lopsided in a low lease rate environment.
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