Pictured are: Kyle Kretsinger, Lindsey McKean, John Ernst, Rosa Dye and Jeff Tinsley
Whether you need a retail space because you’re launching a new business, entering the Houston market for the first time or moving out of your existing location, the space you choose can set you up for success – or for failure. Make sure you’ve done your homework and answered the following questions before you sign on the dotted line. How Much Can You Safely Afford to Pay? One of the most disastrous things a business owner can do is create a situation where high overhead costs make it tough to make ends meet. Especially if you’re starting a new business or expanding into a new location, it’s wise to take a conservative approach to budgeting. Before you commit to a retail space, work with your accountant or financial adviser to identify whether it makes better sense for you to purchase or lease a retail space. Then, identify the maximum monthly rent or commercial mortgage payment you can afford to pay. Identify your expected staffing and inventory costs and come up with a maximum monthly rent or mortgage budget that you’re confident you can comfortably meet. How Much Retail Space Do You Need? Commercial real estate space leases per square foot; […]
The J. Beard Real Estate Company participated in the HBJ’s “The Woodlands Means Business Event” on Thursday October 19, 2017 Pictured are: Zach Armstrong, Tim Maczko, Lisa Hughes, Linda Crumley, Rosa Dye, Diana Gaines, and Jeff Beard
Pictured is Rosa Dye, Hometown Hero 2002 attending this year’s Celebration of Excellence Gala honoring 2017 Hometown Heros and benefiting Interfaith of The Woodlands.
Owning commercial real estate can be an incredibly lucrative investment. However, once you lease it out to tenants, you take on enormous responsibilities. You are responsible for the upkeep and maintenance of your facility. You must track your financials to ensure your lease rates are in line with what the market commands. You must work with vendors and third-party providers of all kinds. You probably have little to no interest in doing these things yourself. That’s why you need to partner with a reputable, trustworthy commercial real estate property management company in Houston. Here are five questions to consider as you research your options. 1. Does the Property Management Firm Have Experience and a Diverse Portfolio? Every business begins as a startup. However, you probably don’t want your commercial properties being managed by a company that is still learning the ropes. Additionally, the more commercial properties a management firm oversees, the more savings they’ll enjoy from vendors – savings that will be passed on to you. Before committing to a commercial property management firm, ask to meet the manager(s) who would be overseeing your properties. You’ll be able to ask them about their experience and get a personal sense of […]
The J. Beard Real Estate Company was proud to support “Yes to Youth” Gala benefiting Montgomery County Youth Services Pictured are: Rosa Dye, Lisa Hughes, Neal King, Julie Colwell, Sean Durkin, Linda Crumley and Lindsey McKean
Whether you’re moving your medical practice or starting a new one, you’re going to need enough space to smoothly operate. But what should you look for in a commercial medical space? Here are a few important aspects you should consider. Your Needs One of the first aspects to consider when you’re looking for a medical space are your needs. Assessing your needs allows you to narrow down your commercial real estate options. Referrals can be an important way to generate business and are responsible for 65% of business, according to the New York Times. Thus, considering your lead generation needs are important. For example, a medical office that already has a doctor in the location may serve as a gateway to driving more business if the doctor’s practice complements your medical practice, such as a general dentist and orthodontist. Also, consider what service you provide. For instance, if you are a physical therapist, it may be more advantageous to rent or buy medical facilities that have accommodated PT practices before. By evaluating your needs, you can know where to start. Location and Capacity The location and capacity of a commercial medical space can play a major role in your decision-making […]
The Houston Astros honored Lone Star College-Tomball graduate and Foundation scholarship recipient Janelle Saunders, pictured here with Karyn Stephens, representing the scholarship donor organization C.R.E.A.M., Commercial Real Estate Association of Montgomery County.
We attended the International Council of Shopping Centers (ICSC) National Conference in Las Vegas, NV, on May 24. Shown from left are Jeff Tinsley, Zach Armstrong, Lindsey McKean and John Ernst.
The J. Beard Real Estate Company was a proud sponsor of 6th Annual Montgomery County Habitat for Humanity Gala! Held May 6 at The Woodlands Waterway Marriott, the theme was “Kentucky Derby: Run for the Roses.” Funds raised make home ownership possbile for hard-working, low-income families in the community. Pictured from left are Michelle Willard, Rosa Dye and Julie Colwell.