Many first-time commercial real estate owners/landlords get into the business with the hope of building equity and generating relatively passive income. The good news: that outcome is entirely possible. But it’s important to understand that it won’t necessarily happen quickly, nor without lots of careful planning and hard work.

In this part one of a two-part series, we address a number of important tips and topics for first-time commercial real estate landlords, up to and including the negotiation and execution of a commercial lease with a tenant.