Countless business professionals are curious about the lucrative potential of commercial real estate investing. Maybe you’ve already invested in residential real estate and now you’re ready to expand — there’s a good chance that you have lots of questions about investing wisely. By learning about profitable strategies, you’ll be able to invest with ease. Plus, The Property Management Coach has gathered these informative resources to answer your biggest questions about commercial real estate investing.
Q1. What should I know about investing in commercial real estate if I’ve only invested in residential properties before?
A1. Investing in commercial real estate is a somewhat different process, so it’s important to research the types of properties, the available loan options, and the risks.
- Commercial Real Estate Financing Options
- Step-By-Step Guide to Buying Commercial Real Estate
- Managing Risk in Commercial Real Estate Investments
Q2. How can I make sure I invest in a commercial property that will provide substantial returns?
A2. You’ll need to take several factors into the account, including the location, the price, and the potential costs of renovations and repairs.
- The Importance of Location in Commercial Real Estate Purchases
- Property Pricing: Six Commercial Real Estate Valuation Methods
- Estimating and Controlling Commercial Renovation Costs
Q3. Do I have to navigate this process on my own or is there anyone I can hire for support and guidance?
A3. When you’re in the market for a commercial property, hiring these professionals is a smart idea!
- Five Tips for Choosing the Right Financial Planner
- Choosing a Real Estate Lawyer
Q4. How do I start my own property investment business?
A4. So you’re ready to branch out and start your own business? Good news! There are plenty of resources to help you get started.
- Here’s How to Start Your Own Real Estate Company
- Save a Bundle on Marketing By Using This Free Logo Maker
Investing in commercial real estate could be the ticket to diversifying your portfolio and establishing a new passive income stream. But choosing a truly valuable property takes effort. By referencing these resources, you can move forward with confidence and feel certain in your investment decisions!
Kathleen Richards is a Certified Professional Coach and Founder of The Property Management Coach. Need her expertise? Contact her today!
Contributing Author Lucy Reed – Lucy created Gig Mine to help others dig up sharing economy opportunities in a user’s area, all in a single location, so users don’t have to jump between multiple sites. It’s the new and improved way to get a gig job!
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