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Location: O Fallon, MO
Website: http://www.scoop.it/u/simplequarters

One major part of commercial real estate deals is inspections. When property you are involved in is being inspected, take steps to verify the legitimacy of every inspector. A lot of people have no accreditation, especially in pest control services. Staying on top of this will help you avoid issues after the deal is completed.

Make sure that any property you're considering purchasing has access to all the utilities you'll need. Every business has unique requirements, but for most, electric, water and sewer access will be required.

Have your property inspected before you list it for sale. If anything turns up during the inspection, you should immediately address the problem.

It's likely that the property you buy will need some repairs and work before you move in. For example, you might neat to repaint or purchase new furniture. However, in other cases, reconfiguration of the walls will be required. Negotiate these changes ahead of time with the landlord. He may be willing to share these costs needed in order for you to move in.

Emergency repairs should be a high priority on your list. Get a list of emergency maintenance contacts from your landlord. Always keep this important contact information at hand, including average turnaround times. In case a maintenance emergency should happen, you can use the information provided to lay out an emergency business and customer service plan to save your company's reputation in case your business is interrupted.

-- Simple Quarters

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