Office Rent Or Buy?
Rent an office or buy office space? In order to answer this question you need tounderstand what is beneficial lease of office premises and from any problems you can go if you buy an office in the property?
Rental office. Pros.
First of all, office rent or lease commercial real estate is a great alternative to buying when the solution of the question, "residence" of the company is not urgent, or the funds to purchase office property is not enough. Using the services of a real estate agency, rent office in Makati Commercial Space today it is possible for one to two days, with those search options and preparation of necessary documents fall entirely on the "shoulders" selected employees of the agency. In addition Makati Commercial Space, office rental , rent office space frees the company from the need to address the huge amount of current economic, community , technical and other problems, such as overhaul and repair of buildings, security, cleaning, repair utilities, and utilities, etc. As a rule, the decision of such questions directly to the owner is engaged in business offices. Office rent , rent commercial property is also an excellent alternative to the If short-term business projects that, for example, for 1-3 years. Buying office. Pros. It's no secret that prices for commercial real estate in general and the office real estate in particular, are in a constant positive trend. Therefore, the undeniable advantage, which is characterized by the purchase of office property, is the fact that the acquisition of commercial real estate today is a competent tool for investment funds. In addition, the purchase of commercial real estate for own use relieves the owner of office space on the line depending on the owner's premises, namely, the risk of early termination of the lease and as a result of repeated long search of premises. Another, no less attractive advantage of buying a lack of office is constantly rising rents, plus this is particularly relevant given the fact that, as a rule, 5-7 years, the rent is equivalent to the total market value of the lease of office space at the inception of the lease. Thus, office to buy the most correct decision in the case of long-term business projects, from 3 years or more. In addition, the purchase of commercial real estate today is the actual tool earning money by putting their own space for rent. By purchasing office real estate in the Makati Commercial Space may also increase, respectively, the category of office and increase the market value of office space, as well as get more rent. As you can see, renting office space or rent office, as well as buying offices in the property have their undeniable merits, or pros and before responding to the question - office rent or buy ? - Need to set clear priorities, taking into account long-term "event", consider all the possible pros and cons. It was then that lease office space or buying office will be rational and justified.
by: Catherine M. Naugle