Commercial Real Estate: Rent vs Buy?

Considering investing in commercial real estate for your business? Learn the pros and cons of owning vs. renting for your business needs.

Mandi Hunter, the founder of Kansas City's first full-service standalone real estate law firm, Hunter Law Group, joins us to share her knowledge. 

Key Topics:

• Timing: Considering interest rates, cash flow, and business growth stages before making a purchase.

• Due Diligence: Understanding the importance of thorough due diligence before buying commercial real estate. That means getting your surveys, appraisals, environmental assessments, and title work done right.

• Legal Contracts: What legal contracts are associated with commercial property purchases.

• Cash Flow Assessment: Strategies for assessing your business's financial readiness for commercial property ownership.

• Property Maintenance: Responsibilities and considerations for maintaining commercial properties. 

Links:

Connect with Mandi Hunter - www.hunterlawgroup.com

Time Stamps

00:25 Meet Mandy Hunter: Real Estate Law Expert

01:27 Understanding Commercial Real Estate

02:30 Financing and Cash Flow Considerations

04:23 Legal Aspects and Due Diligence

10:36 Leasing vs. Buying: Key Differences

19:49 Common Mistakes in Commercial Real Estate

26:39 Conclusion and Final Thoughts

Disclaimer: The information provided in this podcast is for general informational purposes only and should not be construed as professional financial advice. Always consult with a qualified financial advisor or professional before making any financial decisions. The hosts and guests of this podcast are not responsible for any actions taken based on the information presented.