Real Estate Attorney

One of the aspects of a business we haven’t touched upon due to both its exclusivity and its cost is the purchasing of real estate. This includes both residential and commercial properties. As you can imagine, both are very expensive ventures to invest into. Commercial properties even more so due to the applications behind them. When you investigate renting a residential property for example, unless we are discussing a mansion or a villa, you would be looking at renting into the thousands a month. When it comes to the average commercial property such as an office block, you’d be looking into the tens or hundreds of thousands a month.

So just in the start of this discussion, we are already excluding most if not all our readers. But for the few who can consider real estate investment, we really wanted to touch upon a specific subject. The importance of a real estate attorney in the purchasing and running of a real estate investment and rental is very understated.

A real estate attorney can do a significant amount to help run your rental property, more than even a general manager. This is because they are knowledgeable of a variety of laws and even accountancy laws within different cities, states and countries that even the most experienced general managers who have been working in the industry for 30 years are unaware of.

This post isn’t to insult general managers of commercial properties or letting agencies, but rather to highlight how helpful other services can be. An attorney will be able to help you settle any possible disputes that may arise, while also making sure that you are fully within the laws when running your rental. Ensuring that you do not break the law can save you just as much money as you would make within the year.

Bulk Orders

It would be no secret to many businesses out there, that bulk orders will always be the greatest source of income. When people are willing to invest and purchase in a larger than usual order, then you are bound to increase your business significantly more than average. This is the day that every business appreciates.

There are many reasons that a bulk order can be a difficulty for businesses though. The main aspect being the transportation of the order to begin with. The cost of shipping items in such a large quantity will always be the biggest expense for both the customer and the business. And if you are the business owner, then you will not want to cover the costs yourself.

So, you must draw a fine line between home much of a discount you can give with a bulk order. You cannot give a large discount to the point it will begin to eat into the profits, especially if the deliver cost will not cover the additional. When you calculate the actual weight of the materials when you are shipping the products and the distance of the shipment itself, you start to see a significant increase in the cost of the order itself.

However, the point of a significantly large bulk order to the point you can begin to offer a discount, you should still see a significant profit margin altogether. That is why a bulk order should only be done when you are aware that a significant profit margin is still existent after the discount itself.

You also need to be aware of the discount amounts. IT’s always smart to go around the 5-15% discount, and no further than that. If you begin to give too high a discount, you start to see a drop-in profit. Especially depending on the actual mark up of the product you are shipping. We have a tiling Adelaide based company that bulk orders, and they benefit greatly from our supplys!