All Topics / Commercial Property / Commercial Property over Residential Property?
Hi,
I have been looking at purchasing another investment property but have been receiving some feedback to consider commercial property. I am new to the commercial side of investing and need an introduction to it as well as any advice. Would anyone like to help? Many Thanks.
Hi Mary,
Happy to help Mary.
Do you have a burning question you wanted answered in particular?
Feel free to visit our site- it has an updated matrix for different type of commercial properties; based on which one is the easiest and hardiest to finance.
http://www.shapehomeloans.com.au/commercial-loans
Regards
MichaelMick C | Shape Home Loans
http://www.shapehomeloans.com.au/
Email Me | Phone MeSame Banks. Better Rates. Served With a Passion.
Hi QM, follow my linky thing to my blog – quite a few commercial property topics there to enjoy.
Thank you Scott No Mates – will look up the blog.
Cheers!
Hay, this is very informative post. Thanks Scott No Mates for sharing such a great link. According to me commercial
eal estate deals with commercial property, Which is building or land intended to generated a profit.For me I prefer resi property investing. But that's my personal opinion, and I'm more comfortable and knowledgeable with it.
I'd suggest learning about commercial property before you jump into it
Commercial is a whole new game. Your Cap Rate (commercial), which is different from a Net ROI (residential) is calculated using more detailed formulas. It is important for you to understand how this works or a property manager can rip you off. NOt saying they will, but it exposes you to weakness if you don't understand the deal. We do a lot of multi family commercial. I don't typically do retail or office. I am more big on multi-family. There are some great deals out there.
CheevesFinancial | Cushman & Wakefield - Commercial Property SW FL
http://www.CommercialRealEstateVoice.com
Email Me | Phone MeThank you Cheeves – I am interested in finding out more bout these “deals..”
Overseas deals QM – what is your tolerance to currency risk on top of site unseen (unless you're prepared to travel).
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