Failure to do your due diligence properly can have legal and financial implications in the future.
Commercial real estate outgoings can be described as the expenses incurred in the general maintenance and running of a commercial building. Depending on the negotiation of the lease agreement, most If not all of these outgoings can be recoverable in commercial leases from commercial tenants within the financial year.
Business conditions change all the time. Ensure that you stay in control of your finances and your fellow owners and bank manager will love you for it. More importantly, a higher payout for you when the eventual time comes for you to sell.
Highest and best use of a property
When property investors look at commercial real estate lease agreements you will come across two common types. Gross & Net leases. This article compares these two types when leasing commercial premises.
In 2009 the NSW State government introduced new affordable rental housing policy. This State Environment Planning Policy – Affordable Rental Housing 2009 (ARHSEPP) was formulated to increased supply and affordability for rental & social housing in New South Wales. This has, in turn, led to increased demand and higher property values for boarding houses.
There are many factors to consider for the real estate investor when comparing Commercial and residential real estate investing.
Generally, cap rates fluctuate with the going bank interest rates. Investors are always looking at getting the best possible returns.
What are the business opportunities in Australia? More importantly, how do you invest in protecting and growing your income?