Common Design Blunders for Your Property Investment

property-investment-1Getting a property investment for yourself either for residential or business purposes can be quite an exciting experience. There’s so much to do but then again there too is so much to look forward to. It can be pretty thrilling to decorate your home and at the same time exhilarating to open up shop for your company whatever it may be. However, owners need to remember that all that excitement should be used in a god way. Do not let it ruin things and rain on your parade. Sometimes when we are too hyped up, we tend to commit mistakes and blunders that do harm instead of good regardless of intentions. To avoid that from happening, be forewarned of the following design blunders for your property investment.

Blunder # 1: Buying furniture with the wrong measurements. – You have to measure the place out and have a good idea as to where you will want to place your furniture especially the humungous ones. The same holds true when you head out to shop. You do not want to get items that do not fit right. Yes you may be able to return and exchange them but that would be such a huge hassle and waste of time.

Blunder # 2: Keeping things too safe and bland. – You want a room that inspires you and not the other way around. Do not be afraid to allow your creative juices to take charge. Stir clear from the ordinary. Ditch the boring.

Blunder # 3: Making the place look awfully cramped and busy. – See to it that you provide ample space to move and work around. You don’t want anyone to feel claustrophobic. At the same time do not overdo your decorating and make the place too busy and worked up. Find a good balance.

Blunder # 4: Lack of proper and adequate lighting. – Different rooms depending on purpose will need varying degrees or amounts of light. Provide for these properly because poor visual can decrease productivity and make room for accidents.

Blunder # 5: Absence of apt ventilation. – The place has to be well ventilated to allow air to circulate better, to prevent humidity and to ensure comfort for everyone.

Blunder # 6: Not decorating based on purpose. – What is your property investment for? Regardless of what it is, be sure that you decorate based on the very purpose of your asset. Do not decorate it for what it is not.

A List of Things to Inspect on a Retail Investment for Sale

retail-investment-for-saleWhen in search for a good commercial property for sale, buyers need to practice extreme care and caution. After all, these assets are not cheap plus considering their commercial use they are bound to be utilized to generate sales and profits. As an entrepreneur or investor, what should you be looking at? We’ve got a list of things that you should very well inspect on every retail investment for sale that you check and wish to purchase.

#1: LOCATION – Retail establishments need to be accessible because no vendor and customer would like a place that is hard to get to. At the same time it is best situated in an area that promotes appreciation in its value so in the event that you sell it in the future or put it up for lease, you’ll get a good return on your investment. On that note, do check the nearby and adjacent establishments and structures.

#2: SAFETY – You have to ensure the safety and security of your business, its assets, your people and of course your clients. Check on the crime rate of the city. Ask the neighboring establishments and residents in the area too.

#3: SIZE – This depends on your need and the very purpose of the commercial property to you. One has to know the dimensions and other structural details of the land and building.

#4: LIFE – Whether it’s brand new or not, you have to know the remaining useful life on the asset not just for accounting purposes but to gauge its possible years of service to you. The seller will inform you but for validity purposes, hire a chartered surveyor for this.

#5: FEATURES – Different commercial properties will bear varying features from size, number of stories, structural design, parking space, view and more. You have to establish what you need and want and be sure that you check on them during your visits.

#6: CONDITION – Sometimes the structure may look fine but in reality it isn’t. Something could be wrong or damages may have been left undisclosed intentionally or unintentionally. This is another reason why you might want the services of a chartered surveyor. They can assess the condition of the building and even provide you with en estimate of ongoing costs on the property.

#7: PRICE – Lastly, you will have to check on the price of the retail investment for sale. See to it that it is reasonable and in line with the asset’s current market value. At the same time don’t be afraid to negotiate with the sellers about it.