With his recommended 2021 budget, Mayor Cooper has proposed a near 32% increase in property taxes.
We’ve just been hit by a tornado. We’ve been shut down by COVID-19. Why does this increase have to happen now?
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In response to that, federal and state governments as well as the Small Business Administration (SBA) and even local banks are offering different resources for small businesses impacted by COVID-19.
Here is a summary of available coronavirus grants, loans, and options as of April 5th , 2020.
If you’re looking to buy, sell, or lease commercial real estate in the Greater Nashville Area, you need to have a partner on your side that knows the market and has the contacts.
We’ve curated a list of Nashville’s most active commercial real estate brokerages, each of which specializes in varying degrees of commercial real estate.
There’s always a place where you will find historic, thriving, electric, and hip – and that is East Nashville, which has become one of Nashville’s most desired areas to play and live. East Nashville is the largest of Nashville’s urban communities, which is made up of various neighborhoods that span 3 different zip codes.
Unfortunately, many business owners end up taking the wrong approach and try to find and negotiate for space on their own - a big no no in this industry due to the massive learning curve of information. So, if you’re taking the right approach and hiring representation, what questions should you ask when interviewing potential tenant rep brokers?
Now with the current coronavirus pandemic & government mandates being put into place that limit dine-in options (or even prohibit them in cities like Nashville), we are seeing nearly every restaurant adjust their systems in order to offer some sort of delivery option in an attempt to combat the loss of revenue they are experiencing.
This corridor used to be Nashville’s major thoroughfare in and out of downtown prior to the construction of I-65. After the arrival of the interstate, the once booming district fell into despair, but with Nashville’s massive economic upswing in the last 10 years, it’s caught the eyes of investors, developers, residents, and business owners.
A concept that has caught fire in recent years on the residential side is “House hacking,” where an individual buys a house or small multifamily property to live in and rents the remaining rooms/units to tenants in order to reduce their monthly house payment, or potentially even turn a profit.
Though it isn’t as widely discussed a strategy, the same principle is true of commercial real estate - a business owner can effectively reduce their monthly payments by purchasing the building in which they reside.