FROM PRICEOFBUSINESS.COMReal estate investment is the latest buzzword in the real estate sector today! Some people consider this as their post-retirement engagement and some as a parallel income. The mix of commercial real estate (CRE) investors includes both the first time and ace investors. It is essential for new investors to keep specific rules in mind.
Not everyone is aware of the investment rules and tactics. You have specialized training organizations for this. To know more on this, you can search for commercial real estate training Houston. Some of the critical CRE investment rules that you will come across are as follows:
Consider the location
Your property location is essential! The commercial real estate properties offer revenues through two channels. It is capital appreciation, and rent, and both are increasingly location dependent. You need to search for locations where the vacancy is lesser than 5%. It will indicate that the supply is restricted and the tenants might not vacate. That will lead to increased rents and higher capital appreciation.
Consider the quality
You might have two buildings in a similar location. However, one is of an improved quality than the other. The better-quality building will acquire the rent first. It will also attract a right quality investors and increased capital appreciation. It is essential to check out LEED gold and other similar certifications.
Else, ensure that the real estate property comes with good looking elevators, lobbies, living room, high ceiling, and great views. High-end properties are also more liquid, and it has a better chance to sell.
The demand and supply equation...
READ THE REST OF THE STORY....
priceofbusiness.com/essential-commercial-real-estate-investment-rules-to-keep-in-mind/
Learn more about the Price of Business Digital Network:priceofbusiness.com/
Have unique content that you want shared on unique platforms and a plethora of websites? Email articles@usabusinessradio.net for more information.