How to Choose the Right Commercial Investment Property
Investing in commercial property is a major decision that consists of crucial elements, including: your leasing strategy and the type of property you invest in. Not to mention, land developments and building improvements. Taking all of these elements into considerationwill help your investment grow. Before purchasing commercial property, you must weigh the pros and cons against your investment strategy. This will ensure you choose the right property for your portfolio. Create a Good Leasing Strategy Your leasing strategy is a major component of investing in commercial property, whether you’reinvesting for rental income or capital growth. A good strategy is tantamount to excellent asset performance. It should leave room for maintenance provisions and rental reviews. This will help you remain competitive and ensure all improvements are up to code. When reviewing the lease, consider whether the asset offers opportunities for depreciation, if it will impact overall asset perf