3 Exclusive Tips in Renting a Commercial Space for Office Use in Cavite

Everyone wants to be the own boss of their business, may it be focused on selling products or providing services. But in reality, not all have the courage to enter the business world and put up a new. I do believe that there is a percentage in your heart that you want to have and start a business, right? I’m sure of that. And today I am happy to tell you that I have three exclusive tips. Yes “exclusive tips” about renting a commercial space in Cavite, or any part of the world you may want to. Want to know what are these three tips? Just hop in!

Let’s start on the very basic, don’t go for the expensive one!

Keep in mind that you are just on the starting line. No one knows if you will succeed or fail (I hope not). It is better if you will choose first the inexpensive one. Since, what matters here is the business not the space. So keep the cost as low as possible.

Don’t sign yet that multi-year lease contract

Don’t let yourself be fooled by some owners about a cheap multi-year lease. Honestly, that is not cheap at all. Again, let’s back to the fact that you are just a starter. Who knows this is the perfect location for you? Who knows this is your green pasture? None! Unless you see your business grows here in the next six months. What I am saying is this; sign those short-term contracts rather than the long one. If the business grows, extend that contract. If not and you are on multi-year contract, sorry you need to stay on this place up to the time the contract expires. Let’s just be on playing safe at this point of your business.

Consider renting equipment rather than buying

Remember that the total cost of renting a space is not just the monthly rent. It also includes utilities, furnishing and equipment. We have nothing to do about the utilities like electricity and water but to conserve them. But we can do big about equipment.

You may consider leasing office equipment instead of buying it. The main advantage of this is that it is often easier to obtain financing to lease than purchase. It also means you won’t be stuck with equipment when it becomes obsolete. This is a big factor to consider given how fast technology changes these days.


Starting up an office in a commercial space for rent in Cavite is an exciting time for any small business owner. Make sure to review your budget, goals and take needed steps to protect you and the business as you move forward in this venture.

Remember:

1. Go for the inexpensive one
2. Sign for short-term contract
3. Lease equipment as possible

7 Mistakes that Hurts Your Home’s Value

It might be appealing to buy a house and lot for sale in Bacolod City, famous for its moniker ‘The City of Smiles.’ Why? Bacolod City got the 2nd spot on The Tourist Spots Finder’s ‘Top 10 Most Livable Cities in the Philippines 2015.’ The Top Tens, a website where lists are based on votes, placed it on third. Not bad considering how hard it is to find a livable city nowadays. However, it doesn’t add up to the total value of your home.

First off, you need to understand which part of your property appreciates and depreciates over time. If a lot of land is included in the for sale house in Bacolod City, you’ve made a right decision there. According to Investopedia, “land is an appreciating asset” because “the demand for land is constantly growing as the population increases, and since its supply is limited, its price must increase over time.”

On the other hand, the physical structure or the house that sits on it is the depreciating asset. And it will eventually lose its charm because of the following factors:

Poor location

Yes, you’ve defied the classic real estate adage “location, location, location” when you chose a house away from the major roads, retail establishments, schools, and other things that make a house easily livable. You’re lucky because you’re inside Bacolod City where every for sale house and lot has great ‘walkability’ but anywhere else, bad proximity could mean full-cost discount.

Adding a personal touch

We understand it is your house—YOURS. But when the time comes that you need to let it go, we can’t assure you that that Victorian-style kitchen would be appreciated by the next homeowner. Trulia states, “Most buyers want to put their own stamp on their new home rather than pay a premium for your renovation.”

Don’t make permanent and drastic renovations that would totally alter the overall appearance of the house. 

Skipping home maintenance

Or not doing any at all. This is one of the primary reasons a home depreciates. Even a miniscule repair is noticeable to an appraiser or buyer. Simple house projects like broken faucet or chipped window pane would not drain your wallet. A fresh coat of paint could make the house good as new. A well-kepmt and clean house increases a home’s value.

Overdoing home renovations

Keep your upgrades at a minimum. An over improved house can be rated as an expensive purchase to a homebuyer and can affect its salability. According to Nasdaq.com, “homebuyers gravitate toward homes that are standard in your area. So… keep it simple.”

The site also advises to visit other homes in your neighborhood before doing an upgrade or hire an expert to do your estimations.

Negative history

In case you’re contemplating to buy an old one, you should know the history of the house and the place you’re moving in to. Is crime rampant there or is the house itself a scene of a crime? Is the area flood-free? Did a fire occur near the house? Does it have noisy partying neighbors or do they have noisy pets? These types of events lower the value of a house.

Shrinking the layout

Think twice before you divide a certain part of your house. Homebuyers consider the spaciousness of a home. Stan Humphries, a Zillow.com chief economist, tells the U.S. News that “layout is a key factor because an open-concept design can look much more spacious than a boxy space of the same size.” Maximize the space as much as possible.

Choosing a foreclosure graveyard place

Where did the neighbors go? If you chose an area with more empty houses than neighbors, then the homebuyer may perceive it as a lonely place to live at. It is also an indication that there is something eerily wrong with the place. It would hurt the public image of your house and your neighborhood unless the house is situated in a newly-built subdivision.

Never take for granted the value of your house because it is one of the important investments you’ll buy in your lifetime.