Interest in property for investment has been growing by leaps and bounds. If you’re willing to take the risks associated with owning commercial property and want a higher yield than banks are offering, it might be time to become a landlord.
“Today, people are looking for yield,” says Bob Brehmer, principal, NAI Daus. “They are getting point-nothing at the bank.
“And when you balance your risk with reality by picking a team to help you, it’ll be a more successful investment.”
Smart Business spoke with Brehmer on how to best enlist the help of professionals to guide a commercial property investment purchase.
Whose help should you seek when purchasing commercial property?
There are four key figures: a mortgage broker, a real estate broker, a property inspector and a real estate lawyer who understands investment real estate. Those key people on your team will help ensure a successful outcome. CLICK HERE FOR FULL ARTICLE