Are you ready to get involved with commercial real estate investing? Why shouldn?t you be? There?s good money to be made investing in real estate, some of it should be yours.
Some Basics About Commercial Real Estate Investing
There?s good money to be made, you just need to find the right investment, and firms like Douglas E. Fleit can help you to navigate the ins and outs. If you?re just beginning, and looking to buy your first commercial property, you should know that commercial real estate values can fluctuate significantly, usually every five to seven years. And when you do find that property, commercial real estate loan brokers generally like to know a buyer has at least 30% to put down before they’ll give a green light to a loan. But, with commercial real estate investing, banks will generally lend 60% to 70% of the property value. You have options.
Commercial Real Estate Investing is a Good Idea Tomorrow as Well as Today
For the first part of 2015, the RICS commercial market survey marks the 10th consecutive quarterly growth of interest in commercial properties, with 46% more of those asked seeing greater demand. And commercial properties generally have an annual return of between 6% and 12% of the original purchase price, depending on the neighborhood and as of June 2014, the global real estate investment market has grown to $788 billion.
You?re Ready to Invest, Should You Go Urban or Suburban?
These are all the kinds of questions a real estate investment group can help you with, but here?s a couple bits of information to have in your pocket. In the suburbs, buildings categorized as Class A may vary in size ? although they are usually 50,000 square feet and larger, while buildings categorized as Class A in urban, downtown areas, such as Houston, TX, are generally 250,000 square feet and larger, but you?re probably going to pay more in an urban setting, as the demand is greater. Take for example New York City. New York City is the prime city for global real estate investment, securing 7% of the global market share.
So what are you waiting for? Get your portfolio of commercial real estate investing started today.