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Tips to Optimize Your Commercial Property

Check out this PPT to ensure you get the best deal when leasing commercial real estate.

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Tips to Optimize Your Commercial Property

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  1. Tips to Optimize Your Commercial Property

  2. If you have a portfolio with multiple vacant spaces calculating it in a more practical case can be more challenging. Here are some tips to optimize your commercial property.

  3. Make it a Team Effort Involve your entire management team, so you can benefit from the perspectives of all of your key decision makers.

  4. Focus on Maximizing Usage • Small amounts of unused space in your commercial portfolio can add up to big wastage. Take stock of how much space in each of your offices is currently unoccupied.

  5. Analyze With the Latest Data It's impossible to analyze your portfolio in a vacuum. To get a clear picture of how well your commercial leases are working for you, do some market research to find out about the current trends in the areas where you're renting.

  6. Quality Advertising • Take high-quality photos of the property. • Choose the right time to start advertising your rental property. • Consider multiple marketing methods. • Create the best ad possible. • Use social media to your advantage.

  7. Maintenance and Preventative Some of the best ways to increase returns are to lower expenses. Preventive maintenance can do just that. If you provide good maintenance, this will go a long way in keeping you in good favour with your tenants and increasing the odds of renewal. And to generate passive revenue is often a landlord’s most prominent expense, so anything you can do to ease it is a good thing.

  8. Visit our website for more details. www.venuse.io

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