Thanks Christian,

Too much typing not enough grammar checking.

Kindest regards,

• This reply was modified 9 years, 8 months ago by  Brian.

G’day Samantha,

By the look of your post you have done enough research to see the best path to take so I agree with Tracey who said GO FOR IT. You’re smart, passionate and will no doubt learn what you need to to make it work. I do recommend starting of small with something you are comfortable with and slowly increase your portfolio to larger properties as you gain more knowledge and understand the flow of the transaction and management of a property. You can purchase commercial property starting from $50,000 like a car park all the way to multi-million dollar logistical centers, the skies the limit. There’s allot of talk about starting of in residential because it’s easier than commercial where I tend to disagree. There is no point learning residential if commercial is your final goal, you might as well spend time learning what you need too and make it your strength. Commercial property isn’t riskier than residential it’s just different, however allot of the fundamentals are the same. Like any investment there are risks, you just need to know what they are and how to mitigate them. The perceived risks in commercial are sometimes strengths i.e.

– There is a lower LVR in commercial property. This is true however the Value of the property is generally based on the income it receives and not what the property next door sold for. This could work in your favor if you could find some ways to increase the rent of the property, which increases the value which in-turn you can put less money in to the deal to purchase.

– You could be left with a vacant property. This is probably the larges risk with commercial property however to offset this when you do find a tenant it’s not uncommon to sign a 5 to 15 year lease plus lease renewals where as residential is maximum around 1 year.

I hope this helps and would be interested in how you progress.

Kindest regards,

Brian

http://www.commercialpropertyinvsestors.com.au

Either you Oly lift of Crossfit but I found that once I followed http://outlawcoach.wordpress.com/ programing my snatch went up from 85 to 100kg. Check it out 

Hey Nick,

I’m also looking for a group to subscribe with. Can you send me any details for the person I have to contact to become apart of your group.

Cheers

Brian

[email protected]