There is money to be made in the Real Estate Market, and the two best ways to make money in this market are through house flipping or owning rental properties. Florida commercial rental properties will obviously provide you with a greater return than residential properties, as the cost of Florida commercial real estate is greater in general, but Florida commercial rentals are also more complicated than residential rentals.
Florida commercial rental Lease Agreements can be up to 75 pages long and very complex, which is why it is important to have a Florida real estate attorney review the lease agreement, whether you are the landlord or the tenant.
If you are the owner of a residential property, whether it be an apartment complex, a single-family home, or a condo, then it is also important for a real estate attorney to review the lease agreements.
Additionally, you want to make sure that the property you purchase to rent out has a “clear title.” This is done by hiring an experienced closing attorney to handle your real estate closing. If the property does not have a clear title, then you could run into various, serious problems, especially if you are going to rent out the property to a third party.
If you are interested in purchasing a property to rent out or have a commercial lease agreement you need reviewed, contact Boyer Law Firm, P.L. today.