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Commercial Real Estate

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Real Estate Agent with J. Rockcliff Realtors (#01723588)

This is for anyone dealling with commercial real estate.  Whether you're a buyer, seller or agent, commercial real estate is in a for change.  It is no secret that the economy is struggling all around the country, some place worse that others.  If you are an investor, get in now.  For the next 1 1/2 years, you will have an unbelievable opportunity to buy up some commercial deals, ie: apartment buildings, commercial high rises, strip malls, etc...

This area of real estate is unknown to many.  Most don't understand it, but it has great benefits to owning it.  This is the time to get your hands on property that is 70 cents on the dollar, if you structure the deal correctly.  I have sold properties like this and am in the process of buying up many of these myself.   i just wanted to give a shout out to all those looking to get into something like this.  It requires more money, of course, but the payoff is much, much greater.    

Comments(4)

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Clark Hitchcock
Re/Max Nyda Realty Inc - Chilliwack, BC
Realtor - Fraser Valley

You are right here in Canada an investor needs to have 25% down but there are some good returns for some of the properties in more outlying areas. Businesses still need a place to do business and it is hard to find. I have two clients looking to lease space and we just can not find something for them that suits their businesses.

 

Apr 05, 2010 05:30 PM
Elite Home Sales Team
Elite Home Sales Team OC - Corona del Mar, CA
A Tenacious and Skilled Real Estate Team

Commercial property now is where residential was 2 yrs ago.  I think a little more time before it hits bottom.

Apr 05, 2010 05:36 PM
FN LN
Toronto, ON

Commercial real estate is a great investment for some people.  Be sure to conduct a thorough investigation before purchasing any property and be sure that you can afford it.

Apr 05, 2010 11:09 PM
Mercedes E. Santana
Santana Property Group - New York, NY
Investment Properties

Steve,

You are absolutely right! There are a multitude of commercial deals, especially multifamily properties that can offer a steady return on an investment.

Apr 06, 2010 04:35 AM