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Fundamentals To Choose The Right Type Of Commercial Property For Investment

JohnReider
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Fundamentals To Choose The Right Type Of Commercial Property For Investment

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  1. Fundamentals To Choose The Right Type Of Commercial Property For Investment Successful commercial property investment requires an understanding of the fundamentals to choose the right type of property. Commercial property investment will require due diligence while drafting cash flow strategy as it helps in understanding and managing your expectations. Determine if the property will need repairs before initiating business from the location. At times you may find great deals on properties that may need some upgrades/repairs. Consider factors such as demand of the building, increase in rental prices, etc. to get insights into the projected appreciation of the investment. Evaluate the various operating expenses such as maintenance, utilities, property taxes, management fees, etc. to get an idea of budget. Consult a property management firm to determine lease terms for tenants. Keep the required return on investment guidelines in mind. www.johnreider.com John Reider Properties 455 E. Central Texas Expwy, Suite 101, Harker Heights, TX 76548 Phone: (254) 699 - 8300 Image Source: Designed By Freepik

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