© 2024 Real Estate Consultants of Colorado, LLC
Austin, TX
We've all heard the benefits of owning real estate: enrich yourself, not your landlord; build equity instead of throwing money away on rent; keep the real estate after you retire and lease it out, diversifying your investment portfolio; enjoy the tax benefits of depreciation and 1031 exchanges; interest rates are still relatively low and you may be able to pay less for a loan than to lease; SBA loans only require a 10% down payment (usually); Cash Collateral Support programs are available when the down payment becomes an issue; hire a property manager if you don't want to do it yourself...
For these reasons, years ago REC started working with a company that had decided purchasing an office building was an essential next step in their evolution. We dove into the search for purchase opportunities and, months later, the client mentioned that it planned to open offices in Washington D.C., New York, and eventually, London and Paris. After discussing the timeline for those plans in greater detail and crunching the numbers, we realized that the ROI of growing the business would probably exceed the ROI of purchasing an office building. And so we pivoted to an office lease search and the client ended up leasing their next facility, allowing them to put their corporate growth plans into action. Voila!
As with most things in life, cliches don't apply to everyone and whether you buy or lease doesn't matter to us. Contact REC today and let's brainstorm together what the best real estate solution is for your organization.
We've all heard the benefits of owning real estate: enrich yourself, not your landlord; build equity instead of throwing money away on rent; keep the real estate after you retire and lease it out, diversifying your investment portfolio; enjoy the tax benefits of depreciation and 1031 exchanges; interest rates are still relatively low and you may be able to pay less for a loan than to lease; SBA loans only require a 10% down payment (usually); Cash Collateral Support programs are available when the down payment becomes an issue; hire a property manager if you don't want to do it yourself...
For these reasons, years ago REC started working with a company that had decided purchasing an office building was an essential next step in their evolution. We dove into the search for purchase opportunities and, months later, the client mentioned that it planned to open offices in Washington D.C., New York, and eventually, London and Paris. After discussing the timeline for those plans in greater detail and crunching the numbers, we realized that the ROI of growing the business would probably exceed the ROI of purchasing an office building. And so we pivoted to an office lease search and the client ended up leasing their next facility, allowing them to put their corporate growth plans into action. Voila!
As with most things in life, cliches don't apply to everyone and whether you buy or lease doesn't matter to us. Contact REC today and let's brainstorm together what the best real estate solution is for your organization.
© 2019 Real Estate Consultants of Colorado, LLC