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Should I manage my own property?

When you’re investing in commercial real estate, there are a thousand decisions to make. One of the most important is deciding who is going to manage the day-to-day operations of your property. Managing it yourself can save you money on property management fees but can quickly turn into a big time-suck. “There are upsides and …

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First time leasing? Here are two terms you need to know.

The world of commercial real estate is full of industry jargon. Property listings, lease agreements, and conversations around the negotiating table can all feature niche terms and unheard-of acronyms. It can get confusing fast. Learning the lingo can help you feel confident you’re making the right decisions for your bottom line and help you hold …

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Three ways the office has changed post-pandemic

As we all try to adjust to the ever-changing “new normal,” it seems that some pandemic-era office changes will stick around long after COVID has left headlines. Some of these slow moving culture shifts have been stirred up by the present labor shortage. Working in parallel, the “Great Resignation” has transformed many of these office …

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3 Rules + 2 Tips For First-Time Investors

Investing in commercial real estate is a great strategy to earn some extra income. But the road from first-time investor to CRE guru has some twists and turns. If you’re thinking about taking the plunge on your first investment property, here are 5 things to consider.  Have a long-term plan Getting started with your first …

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The pitfalls of managing your own commercial real estate deals

We get it. Google makes us feel like we can do anything. And with the widespread availability of commercial listing sites, it feels simple and easy to browse around for potential commercial property, or sell your property on your own. While there’s nothing more satisfying than a self-taught success story, DIY-ing certain parts of the …

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Peak Performance — Surviving and Thriving in a Challenging Marketplace

For scores of small businesses in our community, the pandemic has forced owners and managers to be more flexible, creative and determined than ever before. For Peak Performance, a physical therapy practice based in the Greater Lansing area, these attributes alongside some strategic partnerships have helped the practice not only survive the last two years, …

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Winter is coming. Are you prepared?

Winters in Michigan can be harsh, and if properties aren’t properly winterized, water damage from frozen or burst pipes can cost you tens of thousands of dollars.  “We encourage all of our property owners to start the winterization process sooner rather than later,” says Eric Chagnon, Business Operations Manager at NAI Mid-Michigan. “All it takes …

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A Crash Course in Commercial Real Estate Listings

In today’s hyper-competitive real estate market, finding quality commercial real estate listings can be a challenge. While there are many digital tools available, it’s not as easy as a simple Google search. You want to make sure you’re getting the best insight into the properties available in your market. And we know you don’t have …

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Planning for a Post-COVID Return to the Office

Thanks to growing vaccination rates and falling case counts nationwide, people are finally daring to dream about life in a post-COVID world. For many business owners, office managers and employees, that means making key decisions about what a transition back to the office looks like. Then COVID-19 pandemic challenged our assumptions about productivity, what we …

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To Build or To Buy? 3 things to consider when weighing your commercial space options.

Whether you’re looking to start up a brand new business or your tried-and-true venture is just looking for a space upgrade, the choice between buying or building a commercial space can be a challenging one — especially in today’s market. There are many factors to consider, including your business’ unique needs, what’s available in your …

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