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Purchasing commercial property in Massachusetts is a good long or short-term investment.  No matter what the property type or intended use, the strategy to find a commercial property that meets your investment needs is the same. It takes a lot of patience and planning (and cash on hand doesn’t hurt either), when trying to negotiate a lower sales price. If you are looking for strong returns with minimal financial risk, keep reading as we are going to share with you…

Abandoned industrial properties are often seen as eyesores by locals. But those with a vision, see them as opportunities and, depending on the zoning, abandoned industrial properties can become a very profitable opportunity. Typically, an abandoned property is bought “as is” and this can mean that it can become more of a loss than a profit. While abandoned industrial properties in Massachusetts can be purchased at a discount, there are factors that investors should consider. Electrical.  Electrical wiring must be up to code…

Mixed use commercial properties in Massachusetts are an incredible investment opportunity if you know how to use them. They can offer a higher return on investment ratio than most properties, and they also offer a wide range of benefits that many investors don’t consider. What Are Mixed-Use Commercial Properties? The definition of a mixed-use commercial property is “a multi-use, multi-purpose building that physically and functionally provides space to integrate commercial, cultural, institutional and industrial uses.” That means a building could…

Providing quality service is the best way to keep clients happy and to ensure they continue leasing in your building. Quality service is a concept that can be quite useful in the Massachusetts property market as more and more people are renting homes and landlords are expected to provide more features, more amenities and more service than ever before. In the past, the only contact a landlord and tenant had was when paying the rent or when there was a problem and…

As a property owner in Massachusetts, building strong relationships with your tenants can lead to increased profits, less vacancies and your property investment business growing. By providing higher levels of service and showing your tenants that you care about their needs, you will find that your role as landlord will be much easier and your tenants will be much happier. If you are looking for ways that you can build relationships with your tenants, keep reading as the experts at Sovereign…