Seven techniques to keep your company safe and secure

Before you start looking for an excellent business space for rent for your company,you should to get educated about the commercial real estate leasing process. Being ready will prevent you from making hasty decisions and costly mistakes thatyou will come to regret later on. Below are some insider suggestions to help make an informed decision when letting a commercial real estate your business

Start the process of locating commercial space at least 6-12 months before your current lease expires or until your ideal move-in-date. Locating the perfect space and negotiating the deal alonewill take 1-2 months depending upon the size area and current market conditions. In most cases the spaces you like will need some sort of modifications that the time needed will depend on the scope of work.

Thoroughly examine your company’s present and future needs. Consult with the various department heads for input in addition to some key employees.

Get acquainted with the commercial property terms and definitions. Various landlords state and quote things differently. If you’re unsure about what they mean do not be afraid to ask them to get more information.

If you’re not knowledgeable about the commercial property leasing process or the present market conditions then consider engaging the assistance of a tenant agent such as AustinTenantAdvisors.com. Their services do not cost you anything since landlords pay all of the rental commissions. The landlord rep will have an experienced listing agent representing them so it would be a great idea for you to have one as well.

Physically visit all of the properties that meet your requirements so thatyou can make a brief list. Keep in mind that the designs can be reconfigured so don’t get stuck on that. Ask the landlord agents a lot of questions about who owns the property,property amenities,required lease term length,how much the landlord is prepared to give in tenant construction allowances,etc..

Don’t settle for the first commercial properties you think is suitable for your requirements: continue searching until you have at least two to 3 other choices. These additional options will work to your advantage since you will know what to expect during the lease negotiations and you’ll gain more leverage with numerous landlords competing for your business. They also give you something to fall back to if the discussions to your first choice go silent.

Send out proposals to your top three to five choices. These aren’t legally binding. You don’t ever want to have a landlord representative’s verbal word. Everything should be in writing.

To help you decide what property is most suitable for your company,prepare a spreadsheet to do an apples to apples comparison of every property. A few of the things you should consider include the size of the space,the asking foundation rental rates,the required lease duration,and the incremental costs (taxes,insurance,maintenance,etc). It is also possible to take note about the pros and cons of each property. If you’re budget conscious then you can quickly narrow down the list by calculating the monthly base rents for each property then removing those that are way over your budget. The monthly base rent is calculated by multiplying the commercial space square feet from the asking base rate and any operating expenditures then dividing by 12.

If some of the commercial properties need tenant improvements then it’s important that you figure out what improvements you want on each and get bids from contractors. That way if the landlord is offering a tenant improvement allowance you will know how much out of pocket you’ll need to pay over and beyond what the landlord is prepared to give.

Carefully analyze and compare the terms of each proposal. Consider whether it makes sense to return to every landlord to negotiate additional concessions. Make sure you fully understand the total expenses you’re expected to cover. Don’t get emotionally attached to a certain property until the discussions are over. Emotional attachment might lead to you signing a contract thatyour business cannot live up to.

After discussions are finalized and you have made your selection now it’s time to have the landlord offer you the first draft of the commercial rental contract.

Now it’s time to reassess the commercial rental contract. It would be wise for you to hire an attorney to review the lease. For those who have a tenant representative then they could review the lease with you as well. Industrial lease language could be negotiated. If you do not like certain lease items or would like to propose new language now is the time to do so.

When the end of rental contract negotiations has ended the building owner will provide you a copy of the lease to review.

There are many more things to think about when leasing commercial space however these ideas will help get you going. If you’re a new company leasing commercial property for the first time or an current company who has only leased one or two spaces then consider getting help from a tenant rep. Their services do not cost you anything and you’ll save a lot of money and time.

First Timer’s Trip Report – A married couple

My wife and I went to Temptation Temptation Cancun for a week. Here is an overview of things at the resort from our point of view.

Room: We liked our room- a lot. But now we understand why there is such a fuss from people about them because different rooms will have a different feel. My amazing wife needs her sleep, and a happy wife equals happy life. Advice about room choices: Make sure you request a room that suits your lifestyle. 

Swingers and exhibitionists: Get a jacuzzi room lower floor. Are you looking for a quieter experience? Request a 2nd or 3rd floor by the quiet pool. That is where we stayed and we loved it. We did meet some folks who had a similar room whose airconditioning supposedly did not work, but we were cold in ours. Look, if you want a 5-star resort with marble countertops, this is not it. They keep the public areas quite clean, which is very lovely.

Beach: We had heard stories the beach was downright terrible. The truth is, again, it’s not a 5-star beach with perfect blue water. My wife, who loves the whole beach, was more than happy hanging out by the beach, riding the sailboats, wading in the ocean, finding shade (which is not available poolside). If you are visiting the Cancun area for the beach, Temptation is probably not the best resort for you. If you are there for other reasons and want the beach as part of your experience, you will be just fine.

Food: It’s tough to give an opinion (or read someone else’s) on food and beverages and get any reliable info. We all have distict tastes, and it all opinion. The food at Temptation was the same quality you might find on a cruise. Good, a lot of the time, but not great overall. The buffet was the highlight for us. They would occasionally have raw fish abailable they would cook for you on request. The seared tuna was quite tasty. A lot of the food is bland. But we love our spices. For some folks, that may be a good thing. They do have hot sauce available!

Service: Incredible, awesome and memorable. From the housekeeper, the bar staff, activity staff, security, etc., excellent!

General Vibe: Unless you book Temptation hotel by mistake, you will find your niche. There is absolutely a swinger presence, so you will be at home if that is your thing. My wife and I are not-we are the type who likes to be sexual in a crowd, but not have sex with other people. But we found our stride too, and we never felt pressured by anyone to do anything we did not want to do. The local motto “nobody knows who you are, and they do not give a shit” really is true. Be happy in your skin and at whatever pace you want, you will have an great experience and tons of fun. Temptation Cancun

Tips for Newbies:

1) Bring tip money. The rumor is you get better drinks if you tip, not sure we noticed that, but we tipped anyway. We tipped our housekeeper $5 a day. When asked for extra bottled water, she stocked up our fridge! Nice to stay hydrated after a day at the pool/beach.

2) Don’t be afraid. Before we went, we read many posts about heavy girls, to swingers, to what to wear, what if I am too fat, etc.

The bottom line facts are: If you think you’re too old, you won’t be the most senior. If you believe you are too overweight, there will be other heavier people there. If you think you are the hottest, coolest couple- there will be a couple hotter. Everyone fits in. The first day we got there, a 70’ish woman was strutting around in a thong bottom, and I said, “May God bless her!” and my sweet wife said, “I hope to be her someday.”

3) Ladies, if you find a sexy dress in the colors that match the hotel theme night, you will fit right in. If you are thinking, “Can I wear that” the answer is a definite Hell yes! The first night we dressed in jeans and t-shirts and went out, and nobody noticed. The last night of our trip my wife was wearing a see-through shirt and a revealing white thong, again, nobody blinked. We even saw a guy with a mesh thong. A bunch of girls with nipples protruding, and we loved them too. Be as sexy (or not) as you want – or not, and trust us-you won’t be an obvious stand out.

My wife is also somewhat conservative, and right away, she stated she needed more revealing clothes. But the thing is, whether you show the girls off, wear a hot pink thong, or wear just jeans and a T-shirt, nobody gives a shit.

Be who you are. Have fun and enjoy the trip. Temptation Cancun

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