Author Box
Articles Categories
All Categories
Articles Resources

Tips for Investing in Commercial Property

April 15, 2012 | Comments: 0 | Views: 133

Whether you are interested in starting your own business or simply buying commercial property as an investment to rent, it is important to know what you're getting into. It is much different than residential; the rules are different and therefore the buying process is different as well. As someone new to this industry it is always advised to start off with small commercial property until you get the feel for the market and then expand to larger properties as your confidence and track record grows. Below are a few tips to get you started on the right track.

Hiring a commercial real estate broker is the first and most important step you need to take. Not only can they help you learn the ropes of the industry but they can help save you from making mistakes if you were to venture out on your own. A broker is familiar with the market of your area, they know the pricing, they know what to look for in terms of location and size and these are all factors you may not be 100% sure of and this is why you've hired your broker. When you deal with a seller they know your broker is taking charge but you are the one with the final decision and they will try and "sell" to you so beware and trust in your broker to help you make the right decision for what you're looking for.

As a newcomer, you certainly won't be able to find space within the already established commercial areas of your community but your broker should be able to steer you towards an upcoming boom. There are always secondary commercial areas to consider that get nearly as much traffic as the main center and these areas are your target locations. Also, these up and coming locations will be much more affordable than the main commercial center that has already been driven up to prices only the multimillion dollar corporations can afford. Always keep your budget in mind. It is important to find a great location but if you can't afford it, move to the next best option to avoid unnecessary real estate debt.

No matter what the reason is you are looking into commercial real estate you want to look at the property and decide how and if it can be quickly turned over if necessary. Real estate professionals always talk about inflation income potential and this can be possible in the up and coming commercial areas just as within the main commercial areas. Inflation income means that the property you've purchased is in a desirable location that within a year or two, the rest of the community will realize and more and more people will want in. It always helps to be the first one in on a new development and a good real estate broker can help find these locations for you. Commercial real estate is all about investment when it comes to the bottom line so always make sure you are going to get your money back and then some when the sale is made.

For professional Calgary real estate services and listings, visit - the site is clean and informative, with details about Arbour Lake Real Estate including Banff Trail Real Estate.

Source: EzineArticles
Was this Helpful ?

Rate this Article

Article Tags:

Commercial Real Estate


Commercial Property

The documents are inevitable to assess your age, income, employment and residence. For the loan to be petitioned from the bank, you need the right procedure of application.The documents are

By: Simon Liva l Real Estate > Buying l November 20, 2012 lViews: 258

The main reason why people tend to be apprehensive about moving homes is that it entails packing everything in the home, transporting it and then unpacking it in the new home. The entire process of

By: Ringo Star l Real Estate > Moving Relocating l October 27, 2012 lViews: 211

There are a number of benefits to owning a second home. Buying to let is a long term investment. The property will usually accumulate value over time and also can generate rent on a shorter term

By: Alan Trotter l Real Estate > Investing in Real Estate l October 19, 2012 lViews: 241

Building a home, especially your first one, can be an incredibly daunting task - there are a number of factors, including budget and planning, that must be taken into account before any sort of

By: John K. Taylor l Real Estate > Building a Home l July 10, 2012 lViews: 333

When you're ready to sell your house, the first thing you'll probably do is find a real estate agent to help you through the process. It can be so inviting to seek out the discount Realtors who offer

By: W Josh Anderson l Real Estate > Selling l July 10, 2012 lViews: 263

You see the signs everywhere, especially in a strong economy: For Sale By Owner. For some reason, many people believe they'll do a better job of selling their homes without the assistance of a real

By: W Josh Anderson l Real Estate > Selling l July 10, 2012 lViews: 241

This property market is changing quickly and in many different ways. Keep on top of the current issues with good market intelligence and information. In this way you can tap into the opportunities

By: John Highmanl Real Estate > Commercial Propertyl June 06, 2012 lViews: 160

When you need to list a commercial property for sale or for lease, it pays to have some checklists to move through the process and capture all of the information. Here are some tips for agents in the

By: John Highmanl Real Estate > Commercial Propertyl June 05, 2012 lViews: 155

Are you aware that there are practically hundreds of thousands, if not millions of properties throughout the Western world that have been foreclosed on in the last year alone? Many of these

By: Steve Hilll Real Estate > Commercial Propertyl June 03, 2012 lViews: 215

Before you think about investing in any commercial property, carefully survey the market and pick the right kind of property for your needs. If you choose real estate randomly, you could lose some

By: Steve Hilll Real Estate > Commercial Propertyl June 03, 2012 lViews: 195

The Philippines is full of potential employees and great business opportunities. You need to find a good location for your business if you want to make the most of these merits. This article will

By: Debra Crowl Real Estate > Commercial Propertyl May 31, 2012 lViews: 207

When it comes to a slower property market, you need some solid goals and targets to take you forward and focus your efforts. Here are some strategies used by commercial real estate teams today.

By: John Highmanl Real Estate > Commercial Propertyl May 30, 2012 lViews: 163

Home staging has become one of the most sought after at home businesses within the USA today. If you have a passion for interior design than home staging may be the right business for you.

By: Carlos M Montesl Real Estate > Home Stagingl May 02, 2012 lViews: 157

Residential neighborhoods throughout the country are only continuing to grow and what this means for those looking to build their own homes is the opportunity to purchase the lot of their dreams.

By: Carlos M Montesl Real Estate > Landl May 01, 2012 lViews: 134

The unfortunate scenario when it comes to home foreclosures is that you are literally cashing in on someone else's misfortune. Although this may seem unsavory, it is the nature of the real estate

By: Carlos M Montesl Real Estate > Foreclosuresl April 20, 2012 lViews: 186

If you find your home has been on the market for more than Ninety days and it is not selling or even has not had too many inquiries to speak of, it may be time to consider other options. Depending on

By: Carlos M Montesl Real Estate > Sellingl April 20, 2012 lViews: 125

If you're reading this article then you have recently decided to embark on the exciting adventure of building your dream home. Making this initial decision is not easy but the next task on your list

By: Carlos M Montesl Home Improvement > House Plansl April 09, 2012 lViews: 142

As a buyer in today's market it has never been more important for you to understand how each different type of sale works, and this includes for sale by owner. While the real estate market is still

By: Carlos M Montesl Real Estate > FSBOl April 01, 2012 lViews: 208

Discuss this Article

comments powered by Disqus