Deciding to lease a commercial property in Michigan is a significant step for any business owner. It is an exciting venture that brings the promise of growth, expansion and new opportunities. Not every commercial lease you come across will be in your best interest,...
Brown Borkowski & Morrow
Real Estate Law
How to invest in real estate
For individuals interested in investing in real estate, there are plenty of opportunities in Michigan. First, you'll need to decide if you want to purchase residential or commercial property. After that, you build a support team. Finally, you make an offer once you've...
Tips for negotiating the purchase of commercial real estate
Commercial real estate purchases require Michigan buyers to be at the top of their game if they want to negotiate effectively. You need to feel strong to be strong. Here are some ways to prepare for the challenge. Talk to a lender In residential transactions, real...
Do this before investing in commercial property in Michigan
Becoming a property owner in Michigan is exciting no matter the type of property or your ownership goals. However, it's important to perform due diligence before you sign a contract, especially if you're investing in commercial real estate. What is due diligence? Few...
Handling mortgages during probate
Probate can be a confusing process when a Michigan resident dies and the estate's assets include a piece of Michigan real estate that is subject to a mortgage. Other types of debts need to be dealt with as well, both before the estate enters probate and while the...
An expert’s guide to purchasing commercial real estate
If you're a Michigan investor, you may want to consider expanding your portfolio by investing in property. Many investors earn an incredible living by buying commercial real estate. Before you begin the purchase process, it's good to know what to expect. Buying...
Understanding the three main types of commercial real estate leases
Starting a new business in Michigan involves making lots of big decisions. One of these decisions involves deciding where they want to lease commercial space. Before you lease commercial property, it's good to know how the main types of commercial leases differ from...
What happens in a commercial property tax appeal?
Many property owners purchase commercial real estate as an investment. On an individual level, commercial real estate can be a reliable source of income, as commercial leases often last for multiple years and allow you to collect all of your maintenance costs or pass...
Tips to remember before signing a commercial lease
Negotiating and signing a commercial lease can be an exciting, overwhelming experience. With so much of your company’s future tied up in the lease agreement, it is wise to slow down the process and ensure you follow certain tips to avoid costly errors. While every...
Top common mistakes in commercial real estate deals
Commercial real estate has a reputation for having profitable opportunities for investors in Michigan, making it a lucrative industry to invest in. However, most people don't experience the level of success they should. Here are a couple of reasons why. Lack of...