In this article, Allen Buchanan, principal and commercial real estate broker at Lee & Associates, Orange, CA, lays out how to tell if your expectations for your commercial investment property are in line with reality.
The occupancy rates are very high right now which means that this is a great time to be an owner. However, not all buildings are the same and you must know the right questions to ask to make sure you will not suffer by choosing the wrong investment.
Mr. Buchanan talks about knowing your competition, reading the market trends, understanding your financial stability and your tenants personal situation before making moves in today’s real estate market.
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A commercial property inspector will be able to help you discover underlying risks that may be hidden in potential properties in which you may invest. Call Allison Property Inspections with your questions about our detailed process for inspecting commercial, industrial, retail or multi-family properties in Los Angeles, Riverside or Orange Counties.