Tag Archives: commercial real estate

Top Ideas To Consider Before Your Next Commercial Real Estate Venture

When you are the owner of some commercial property, it is very fulfilling, but it takes hard work. This can leave you wondering where you should even begin. Learning everything about commercial property ownership can be overwhelming, but the following article will help you get started.

When diving into the world of commercial real estate, it is important to stay calm and be patient. Do not invest into anything before thinking carefully. A poorly thought out investment might soon give you many regrets. Be patient, as it could take as long as a year for just the right investment property to turn up.

Pest Control

If you are renting or leasing, be sure to know about pest control arrangements. It is a good idea to consult your rental agent for information on pest control policies, especially if the area your property is located in is known for a high population of insects and rodents.

Location is crucial when it comes to commercial property. When investing in a property, consider what type of neighborhood it is located in. Compare this neighborhood to the growth of other similar areas. You want to know that the community will still be decent and growing a decade from now.

Commercial transactions are significantly more time-consuming, complex and involved than the home-buying process. Understand, however, that this additional time and effort often translates into higher returns.

Look into the neighborhood you’re planning on buying property in. A business located in a well-to-do neighborhood might be more successful, since the potential customers will be able to spend more. If your business services will do better in a poor neighborhood, buy property there!

Before negotiating a lease with a commercial tenant, work on narrowing down the list of things that would constitute default. The tenant will then be less likely to violate these terms. You definitely don’t want this to occur.

If you want to sell a property, advertise it locally and on a wider level too. Many people think that investors who don’t live in their city will have no interest in their property, but this is untrue. Many investors will consider purchasing a property outside their own region if the price is right.

When drawing up a letter of intent, try to solicit agreement on big issues first and leave smaller issues for later rounds of negotiations. This lets you get the bigger issues out of the way first and makes small issues simpler to complete.

In commercial real estate, there are different kind of brokers. Some brokers represent tenants only, while full service brokers will work with landlords and tenants. If you are a tenant, you may be much better off by using a broker who only works with tenants as they have a lot more experience with successful tenant representation.

If commercial property is something you’re thinking about investing your time and money in, take the tax advantages under consideration. As with home mortgages, the interest paid on commercial real estate loans is tax-deductible, as is depreciation. There is a chance that an investor may receive money that must be taxed, but does not come in the form of cash; this is known as phantom income. Try to understand this before you invest.

Commercial Property

As you know, there’s a lot of work that goes into owning a commercial property. To have a good experience, you’ll need to educate yourself, work hard, and most important, have patience. You also have to stay motivated, and keep working hard. Keep studying and putting the tips into practice that you just read about. You will soon successfully buy your first commercial property.

Get Into Commercial Real Estate With This Advice

Investing in commercial real estate can be highly profitable, but it requires patience, as well as careful study and research. The following article will outline essential knowledge for you to propel your real estate venture to new heights, where you can enjoy a lucrative and interesting career shift.

When you are buying or selling commercial real estate, always negotiate. It is important that your concerns and opinions are heard and recognized by the other parties; you must always put forth the effort to ensure fair pricing for the commercial property.

Be calm and patient when looking at commercial real estate. Never rush into an investment. The property you buy in a hurry might not deliver what you need to reach your goals, leaving you to regret the purchase afterward. You may have to wait months or even years to find the ideal investment.

Pest Control

Pest control is a very important issue that you need to be aware of when renting or leasing. Talk about pest control with your agent if the area is known for rodents and bugs.

Consider online references that contain information written for both real estate novices and veterans. It is wise to learn all you can, as it is impossible to know too much.

When you are picking a broker, make sure you know if they are experienced within the commercial real estate market. Make sure they are specializing in the desired area that you’re selling or buying in. Entering into an exclusive contract with that particular broker is a good idea.

Don’t become greedy and over-inflate your real estate asking price. A variety of different criteria require consideration in order to increase or decrease your property value.

If you are planning to rent your commercial properties once you purchase them, opt for solidly constructed buildings that are simple in their design. Tenants will be more likely to rent space in this type of building, as it looks taken care of. These types of buildings are easier to fix for everyone and they might not need as many fixes.

Make sure that the commercial property has access to all utilities needed. Your business may have unique utility needs, but at the very least, you probably require hookups for electric, sewer, water and most likely, gas.

Go on some tours of places you might want to buy. Look into having a professional contractor accompany you as you take a look at the properties you’ve been thinking about purchasing. Use what you see in these tours to determine a fair opening offer. Give a bit of thought to the counteroffers before deciding to accept the offer, make a counteroffer yourself or walk away.

You should have a necessary-to-know list, and emergency maintenance must always have a place on that list. Find out from the landlord who you should call if the worst happens, and you need immediate repairs. Know what the phone numbers are, and know what the response time is for them. Create an emergency plan using your landlord’s information so that you can protect customer service and your reputation in case of a disruption to your usual business.

Commercial Real Estate

These tips can help you get a jump start into a new and exciting career in commercial real estate. If you use the tips provided in this article, you will see why so many people are successful at commercial real estate, and you can start to reap the rewards.

Sound Advice For Buyers And Sellers In The Commerical Real Estate Market

Investing in commercial properties is a complex and arduous consumer of your hours and life. The rewards can outweigh its costs though. Take note of the following advice, written especially for those with an interest in commercial real estate.

Regardless of which side of the negotiations you’re on, learn to haggle. Both the buyer and seller should attempt to negotiate a fair price rather than accepting the other’s first offer. Be sure that your voice is heard so that you can get yourself a fair price on the property you are dealing with.

Location is vital to commercial real estate. Take the neighborhood of the property into consideration. Compare this neighborhood to the growth of other similar areas. This is important, as you don’t want to be in a current growth area only to have the neighborhood stagnate in a few years.

Compared with buying a home, purchasing commercial real estate requires more time, money and paperwork. Although commercial property purchases take longer you will normally receive a higher return on the investment.

Once you have narrowed your choices down to two major contenders, you should expand your decision to include the big picture. Finding the right bank to finance you might be hard, even if you are going for a smaller building. Also, purchasing more units is like buying in bulk. The more you buy, the cheaper each unit will be.

Learn to set realistic prices by observing the market. Many different factors can influence the real worth of your property.

Search for buildings that are simply designed and constructed if you’re planning on renting out commercial property. Tenants will be more likely to rent space in this type of building, as it looks taken care of. Since these properties probably do not need many repairs, they will require less maintenance from the owner and tenants.

If you own commercial properties for rent, you should always attempt to keep them filled. Maintenance and upkeep costs for commercial property can be substantial and rental income is essential for paying those costs. If you have multiple unoccupied properties, try to determine the reasons why, and rectify the problems that are keeping tenants from renting the spaces.

It is important that each property offers unhindered access to utilities. Water and sewer access will be needed in addition to electricity. You may want the option to use natural gas, as well.

Advertise your property for sale locally and outside your region. Many sellers mistakenly assume that their property is only interesting to local buyers. There are many private investors who prefer to purchase reasonably-priced real estate that is not local to where they reside.

Create or purchase an inspection checklist before starting to evaluate properties. Tour each potential property, and check how well it meets the requirements on the list. Take this list with you as a reference when visiting other properties, and use it when speaking with the property owners. Don’t be afraid to casually tell the owners that you are looking at other properties, too. This may help you snag a better deal, ultimately.

Real Estate

As the above article stated, purchasing commercial real estate can be extremely rewarding when it comes to making a profit. Use what you’ve learned here to improve your skills, and make sound decisions in all of your real estate purchases.

Tips For All Your Commercial Real Estate Needs

Everything that you should have has to be in line when you are purchasing real estate. And, no matter how adept you believe you are in this particular area, you may be missing something that’s obvious or even something that you didn’t know about. The following article will help you through the process, with a lot of useful advice and suggestions.

Record problems by taking digital pictures of them. Take pictures of the damages, for instance spots and stains, holes or even discoloration on the bathtub.

Be calm and patient when looking at commercial real estate. Don’t invest in a hurry. Without due consideration, you might find that the real estate purchase does not meet your criteria for successful financial gain. It could take some months, possibly a year, for your dream investment to appear in the market.

Commercial Properties

When dealing with commercial properties location is everything. Take into consideration the class level of the neighborhood, other commercial properties surrounding it, and accessibility. Also, consider local growth projections. If you make an investment in real estate, it is in your best interest to ensure that your property is in an area that will still be growing in five to ten years.

Commercial real estate involves more complex and longer transactions than buying a home. You should understand that although this is a huge undertaking, when all is said and done you will receive a big return on the investment.

You should expect your commercial real estate investment to require a significant time commitment. First, you will need to search for a golden opportunity. After you have purchased the property, you may have to spend some time and money making repairs or remodeling it. Don’t give up, this process will take time and you just need to be patient. The rewards will show themselves later.

If you are hesitating between different properties, buy the larger of the two. Getting the financing you need is a difficult thing, regardless of the size of the property. This works in the same way as buying bulk items from Costco. You buy large numbers of items to pay less per item.

When interviewing potential brokers, ask them to tell you about their experience level with the type of commercial investments you are interested in. Look for someone who knows the area you are interested in. When you find the right broker, make sure your agreement is exclusive.

Learn to understand the commercial real estate metric called Net Operating Income (NOI). Success means that your income outweighs your operating costs.

Choose simple, strongly constructed buildings if your plan is to purchase real estate for the sole purpose of renting or leasing it. These properties are generally top sellers because prospective tenants can see how well-built and maintained they are. Investing in good buildings will save you money on repairs later.

Take the neighborhood into account when purchasing commercial property. For example, if you’re offering high-priced goods or services, you might want to purchase property in wealthier areas where people are likely to be able to afford to buy from you. Or, if you are offering a service particularly attractive to the less wealthy, you should purchase in a less well-to-do area.

Do not ever think you know everything about purchasing commercial properties. Don’t fall into the trap of thinking you know everything, and keep researching ways to improve your market position. Put this advice to work for you, and you will see your investments succeed.

Tips For Buying/Selling In The Commercial Real Estate Market

Investing in commercial real estate has many rewards, but it also comes with devoting considerable time and effort. You may be wondering where to start. Read this article to learn how to find a good deal and maintain your commercial property.

Record problems by taking digital pictures of them. Make sure the picture shows the defects (such as spots on the carpet, holes on the wall or discoloration on the sink or bathtub).

Pest Control

Before you consider leasing or renting, look into whether or not pest control is covered in the lease. Talk about pest control with your agent if the area is known for rodents and bugs.

In order to learn more about the commercial real estate market, find a website that caters to investors of different skill levels. Learning is an ongoing process, and you can never know enough.

As with other property purchases, pay attention to the three Ls: location, location, and location. Pay attention to the property’s surrounding area. The neighborhood’s demographics, including socioeconomic status and age of residents, influence the success of your investment. Also, consider local growth projections. What you are seeing now in terms of commercial potential might be very different a few years from now.

When starting out in commercial real estate, it is important you understand the measurement labeled Net Operating Income, or NOI for short. To be successful, you must stay profitable.

Even though you may be running a business and ultimately need to secure profits, it’s important that you don’t embellish prices in an attempt to get an extra dollar. There are many things that can impact your value greatly.

It is important that each property offers unhindered access to utilities. Every business has unique requirements, but for most, electric, water and sewer access will be required.

When selling commercial property, advertise locally and outside of your region. Many people make the mistake of assuming that only local buyers will be interested in buying their property. There are many private investors who will buy affordable priced property in any area.

Real Estate

Read the fine print about your real estate agent. It is important that you realize that you may be entering a dual agency transaction. This means the same agent will be representing the two parties. This means the real estate agency will work as the landlord and the tenant. Dual-agency situations require disclosure and the agreement of both parties.

If you are novice investor, you should start off with just one single type of investment. Zero in on your favorite type of property and focus solely on that type, for now. It’s better to master one type than to be mediocre at many.

There are many tax benefits available for commercial investors. For example, commercial real estate investments garner you deductions for interest on top of your benefits for depreciation. However, you also need to be aware of a potential tax problem: income that you have to pay taxes on even though you never actually receive it. It is important that you become familiar with this particular kind of income before you make any investments.

As shown in this article, in order to be successful with commercial real estate, you must have a significant amount of knowledge, a strong commitment to succeed, and a stellar work ethic. It’s also worth mentioning that it’s a never-ending process. Keep in mind the tips you learned, and you should have no problem making the right decisions when it comes to commercial property.

What Everyone Needs To Know About Commercial Real Estate

You can make a good income, and even become wealthy, by investing in commercial real estate. On the other hand, it’s not for all individuals, since the risks and necessary investments are both great.

Consider the economy in the area you’d like to buy real estate in before investing there. Properties centrally located near universities and hospitals will have a consistently higher value, and it will sell more quickly.

Make sure you always remain cool, calm, and collected when you begin to look for commercial real estate. Never rush into an investment. The property you buy in a hurry might not deliver what you need to reach your goals, leaving you to regret the purchase afterward. You should be prepared to wait an entire year before a worthy investment becomes available to you.

Pest Control

Figure pest control into your rented or leased commercial real estate property costs. If you are renting a space that has known vermin problems, be sure to find out exactly who is responsible for pest control.

When choosing between two similar commercial properties, think large scale. It’s just as difficult to obtain adequate financing for a 10 unit apartment complex as it is for a 20 unit building. You may have a better price, figured per unit, on the larger apartment complex than on the smaller one.

NOI, also known as Net Operating Income, is a crucial metric to understand in the world of commercial real estate dealings. In order to succeed, you should focus on keeping your figures in the positive.

Try to decrease potential events of defaults before negotiating a lease. This will greatly lessen the likelihood that the tenant might default. This is one thing you don’t want to happen.

Prior to listing your commercial property for sale, have it checked out by an inspector with at least five years of experience. This way you can make sure it is prepared in advance of a sale, and if any problems arise during the inspection you can take care of it on the front end.

When you are constructing a letter of intent, make sure that you keep it concise by focusing on larger issues first. Save the smaller issues for future negotiations. This will make the negotiations faster and less tense, and it will also cause the lesser issues to be completed easier.

Property Owners

When viewing multiple properties, be sure to get a checklist from the tour site. Make sure to advise the property owners when you want to take the next step past the first proposal responses. Don’t hesitate to tell a property owner that you’re considering other properties as well. Most property owners won’t be upset or angry; they expect you to be looking at more than one property. This may help you by creating a sense of urgency on the seller’s part.

Prior to searching for a real estate property to invest in, figure out exactly what you would want in an ideal commercial property. Draw up a list of specific attributes your office space must have, including size, number of meeting rooms, and available bathrooms.

Emergency maintenance is something you must include on the have to ask sheet. Find out from your landlord who to contact for emergency repairs, such as plumbing accidents. Keep their numbers updated, and know how long it takes them to arrive on average. Use any information you can get from your landlord so contingencies are ready for the times your normal business operations are interrupted so you can safeguard your customer service and your reputation.

Commercial properties can providee humongous sources of profit. These types of investments often require a substantial down payment, as well as a huge investment of your time, in order to achieve success. This article should provide you with some tips and tricks that will help you succeed in commercial real estate.

Commercial Real Estate Advice For Successful Sales And Buying

Having to deal with the commercial property business can be stressful and overwhelming for those new to it and even to those experienced with it. This article gives details about how you can lower the overall stress level associated with investing in commercial properties.

Before you invest heavily in a piece of property, investigate the economics of the neighborhood such as unemployment rates, income levels and local businesses. If your house is near a hospital, university or other large employment centers, they will usually sell quicker and also, at a higher value.

When diving into the world of commercial real estate, it is important to stay calm and be patient. Never rush into an investment. You might regret it if that property is not right for you. Be patient, as it could take as long as a year for just the right investment property to turn up.

Pest Control

When renting or leasing property, be sure to set up some form of pest control. This is especially important if the region is known for certain types of pest infestations. If this is the case, ask specifically what the landlord will do with regard to pest control.

Transactions for commercial property take more time, and are a lot more complex, than the process of buying a home. Remember that the time and efforts you are investing will pay off.

When you have to decide between two commercial properties, think on a bigger scale. Whether it be a twenty or ten unit apartment complex, you want to get adequate financing to back you up. Think of it like purchasing in bulk; as you buy more, each individual unit costs less.

When choosing brokers with whom to work, find out the amount of experience they have dealing with commercial properties. Make sure that the agent has the proper expertise with the type of real estate purchase or sale you are looking for. You and this broker should enter into an agreement that is exclusive.

You should try to understand the NOI metric. In order to be successful, you will have to make sure that you never dip into the negative.

You should be certain that your asking price is a fair offer for your piece of real estate. Market conditions can vary greatly; therefore, an appraisal may not be the best indicator of true market value.

If your property deal requires inspections (as it should), look at the inspector’s credentials. Pay particular attention to credentials when it comes to pest inspections, since it is not uncommon to encounter people working in pest removal without a license. This helps avoid major post-sale problems.

In the earliest stages of negotiating your lease, it is in your best interest to ensure that only a few conditions are capable of constituting acceptable means of default. This lowers the chance that the person renting will fail to uphold their end of the lease. You don’t need this to happen.

If you are investigating multiple properties, make sure that you take a site checklist with you. Determine which properties initially make the cut, but once you do, let those property owners know. It will likely be to your advantage to informally mention that you are looking at more than one property. This could help you score a better deal.

Even the most advanced commercial property hunter can be challenged when looking for a new investment. The purpose of this article is to reduce the stress of looking for commercial properties and to make this a pleasant experience.

The Pros And Cons Of Buying Commercial Property

It can be difficult to find the real estate you need for beginning your business. Be sure to read this article to gain some insightful knowledge.

To prepare for any sizable investment in commercial real estate, investigate indicators of fiscal health around the property in question, such as average income levels for nearby residents, rates of employment and unemployment, and whether jobs in the area are rising or falling. Properties near hospitals, universities or other centers of large numbers of employees tend to sell faster and at higher-than-average values.

Use a digital camera to document the conditions. Ensure that the photos document any problems, including mold, damaged walls, or chipped fixtures.

Practice calm and patience when you are looking into the real estate market. You should never rush into a possible investment. A poorly thought out investment might soon give you many regrets. Stay patient; it could take a year or more for the perfect property to materialize.

Commercial transactions are significantly more time-consuming, complex and involved than the home-buying process. You should understand that although this is a huge undertaking, when all is said and done you will receive a big return on the investment.

Your investment may require a large amount of time to begin with. It will take time to find an opportunity that is profitable, and afterwards, you may have to wait for repairs and remodeling before you can start monetizing your investment. Don’t throw in the towel due to the massive hours needed. You will reap the rewards of all your hard work.

Unit Apartment Complex

If you trying to choose between two or more potential properties, it’s good to think bigger in terms of perspective. Obtaining adequate financing is a major undertaking, whether you opt for a ten-unit apartment complex or a twenty-unit apartment complex. Generally, this is the same situation as if you were buying something in bulk, the more you buy the cheaper the price of each unit.

When you are choosing real estate brokers, you should find out the brokers’ experience level in commercial real estate. Make sure you know that they actually specialize within the area you plan on selling and buying. Make sure your agreement to work with that broker is exclusive.

You should try to understand the NOI metric. To be a success, you need to be able to stay on the positive number side.

Double-check that you are seeking a realistic amount of money for your property. Your property’s actual value is influenced by many factors.

Make sure you have the right access that has utilities on commercial properties. In addition to any needs specific to the business, you will surely need to have gas, electricity, sewer and water services, and so on.

Aim to avoid default before you sign a real estate lease. This will greatly lessen the likelihood that the tenant might default. This is a bad thing, so do what you can to minimize the chance of it happening.

When advertising your available commercial property, do so locally, but also regionally and even nationally. A lot of sellers fall into the misconception that only the local buyers are interested parties in potential purchase. There are many private investors who buy property outside of their area if the price is affordable.

Take a tour of properties you are considering. Bring a contractor along so that you don’t forget to inspect any important features. Put forth your initial proposals, then open the table for negotiations. Closely review any counteroffers you receive prior to making a final decision. Remember the decision is an important one, so take your time.

This article contained many real estate tips for buying or selling property. Apply this information to your own successful future transactions, and remember to stay hungry for new ideas.

Tips To Help You Become Proficient At Buying And Selling Commercial Real Estate

Commercial real estate can be hugely profitable and make you wealthy. This kind of investment requires an access to financing and some solid skills.

Negotiate, whether you are the buyer or the seller. It is important that your concerns and opinions are heard and recognized by the other parties; you must always put forth the effort to ensure fair pricing for the commercial property.

Do some research on the internet to learn more about real estate and investing, whether you have a lot of experience already or are completely green on the matter. You can never have too much knowledge.

As with other property purchases, pay attention to the three Ls: location, location, and location. Consider how the neighborhood will affect business. Compare its growth to similar areas. Make sure that the area will still be nice and growing in several years.

Commercial transactions are more complex, involved, and time-consuming than actually buying a home. Keep in mind, though, that the complexity is required to ensure that your real estate investment gives you a high return.

Remember that buying a commercial property and everything that goes along with it can take a lot of time. Good opportunities can be found if you look, and after you have made a purchase, the property may require repairs or remodeling. You should know what to expect and not give up. Later, you’ll be rewarded for the time and money you have invested.

Keep your commercial property occupied to pay the bills between tenants. If you have an unoccupied property, you will be the person paying for the maintenance and upkeep. If you have more than one property without someone in it, think about why that is, and fix any problems that might be occurring.

You have to think seriously about the neighborhood where a piece of commercial real estate is located. Your business might do better in affluent communities, since your prospective foot traffic has more money. Bargain-oriented goods and services will find a more receptive market in lower- to middle-class areas.

Before negotiating a lease with a commercial tenant, work on narrowing down the list of things that would constitute default. The tenant will then be less likely to violate these terms. That is not a situation you would want to encounter.

Go on some tours of places you might want to buy. Consider taking a professional contractor along with you as you look over the properties that you consider buying. Begin negotiating and the process of offers and counter offers. Think long and hard about the counteroffer before deciding to accept or decline.

When you’re shopping multiple properties, prepare a checklist to make the task easier. Allow yourself to consider the initial proposal responses, but avoid carrying it any further without informing the current owners. Don’t be shy about telling the owners that you are thinking about purchasing another property. It might lead to a better deal.

During the commercial loan process, the person who is the borrower will need to order the appraisal. The bank won’t let you use one not ordered by you. Ensure it gets done, and gain peace of mind in the process, by ordering it yourself.

Before settling on a broker, determine if they negotiate aggressively or rationally. Ask how they were trained and how much experience they have. Also be certain that they are ethical when conducting business, and good at what they do. Ask for examples of negotiations they have participated in previously. Tell them you want to know about both positive and negative experiences.

Get on the internet before you jump into the commercial real estate market. You should really consider making a LinkedIn profile or something similar as well as create a website. Optimize your website for search engines so that you can get a good rank high on the results page. Your goal is to enable people to understand what you are all about simply by typing your name into their search engine.

With the right knowledge, commercial real estate deals can bring in mass profits. Commercial properties require very large down payments, and it is crucial that you do your research to ensure you secure the best possible deal. To achieve this, you should look for opportunities to try out everything that you have just read.

Advice For Investing In Commercial Real Estate

Investing in the commercial real estate market can be a double-edged sword. You could earn a lot of money and also take the risk of losing it all. You need to choose wisely about what property to buy and how to get the funds to do so. This article will help you make an educated decision in most property matters.

If you’re a buyer or if you’re a seller, it’s important that you negotiate. Be certain your needs are met, your concerns are heard, and you champion a fair, honest price for the real estate.

Before you invest heavily in a piece of property, investigate the economics of the neighborhood such as unemployment rates, income levels and local businesses. In addition, you want to keep in mind what else is close to the property. Any place that supplies a large number of jobs to the economy can raise the resale value of any property and make it much faster to sell if you decided to go that route. Big employers might consist of hospitals, factories, or universities.

When entering the commercial real estate market, patience is perhaps your best ally. You should never rush into a possible investment. If the property isn’t really what you want, you will regret your haste. You may have to wait months or even years to find the ideal investment.

As with other property purchases, pay attention to the three Ls: location, location, and location. Think over the community a property is located in. You will also want to calculate growth expectations by comparing similar neighborhoods. Do not buy a property that is located in a neighborhood likely to take a wrong turn in the next five years.

Make sure your asking price is realistic. There are many variables that can greatly impact the true value of your lot.

Try to keep your properties occupied. If there is still open space, it will be incumbent upon you to pay for maintenance. If you have multiple vacant properties, figure out why this is, so you can understand why your tenants are leaving.

Ensure there is adequate access to utilities on the commercial property. The utilities you will need for your business go beyond electricity; you will also need water, sewer and gas, as well.

Commercial Property

You need to think over the community any commercial property is in before you commit to it. You want to try to purchase commercial property in a neighborhood that is affluent so that you know your clientele are a little bit more well off and can spend more. If your business is a bit more shady, like a rent-to-own store, payday loan outlet, or pawn shop, it’s better to locate in a poor neighborhood.

As stated earlier, commercial real estate will not provide income without effort. You need to put in a tremendous effort, which involves a big initial investment and a lot of time, to give yourself the best chance of success. You may still lose money if you go ahead with all of those things.