When you inspect a commercial property for the first time, understand the precinct around the property first. He is also currently a Partner of Maxim Capital Group, a real estate investment and lending platform where he is a Member of the Board and Chairman of the Risk Committee. Given the nature of many of these kinds of properties, commercial real estate investors are able to spread their risk around through many tenants.
By lowering or passing on maintenance costs to the tenants you can increase net income and increase the valuation of the property. Make sure to contact a commercial property investment attorney who can help make sure that you meet all of the SEC guidelines if this is the path that you choose to go down.
Now, these commercial property owners can’t ride out the recession because the loans are coming due and they’re short, or worse, upside-down. The term commercial property (also called commercial real estate, investment or income property) refers to buildings or land intended to generate a profit , either from capital gain or rental income.
Your good market knowledge is part of this lease rent assessment and decision. When our clients need small business or commercial real estate capital, we respond quickly. When considering industrial real estate locations, one must look at the surrounding neighbors to ensure that it is industry-friendly, in addition to checking on local zoning regulations to ensure that industrial operations are allowed.
PHP Commercial understands that today’s clients seek experienced and innovative advisors who care, who understand their needs and objectives, who share their commitment to success, and who offer unmatched access and market intelligence. You should not speculate in commercial property if your target is to hold property for less than 4 years, given that the risk is high for shorter term investment; try the stock market if you want to pick up (or loose) a ‘quick buck’.