things to consider
# commercial investing success lies in hard and quality work
1. A hardcore investment-nature option
It is a totally different choice, option and perspective than a classic residential property investment. Commercial Property is a hardcore money investment and as that you should see it. Most people get confused or are misled by non-professional real estate agents and end up in spending huge amounts of money to properties that finally are not only far from their initial expectation, but also may prove catastrophic.
2. A long term and possibly an irreversible decision
If something is for sure is that buying a commercial real estate property isn’t a short-term option. If you expect or anticipate high yields and returns in the short run, you should reject the option of commercial investing. This applies also to short tail resell-option byers and speculators. Commercial Properties have inherently a long horizon profit return and added value gain.
3. Lease Income or Growth Value?
How do you expect or how you have thought on investing in a commercial property or building? Are you counting on steady monthly commercial lease income? Or you expecting a future, mid or long term growth on the location or the property itself? Clarifying this as your initial goal will help you in assessing correctly all the specific data of your selected commercial property.