Tips on finding a good Commercial Property Deal

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6 Tips on finding a good Commercial Property Deal
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Commercial Property

• Design Out a Plan of Action

• Learn What the Company Know

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• Use a Three-Pronged" Approach to Evaluate
  Properties

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• Learn to Recognize a Good Deal

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• Look for Motivated Sellers

• Discover the Fine Art of Neighborhood "Farming"

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Learn What the Company Knows
Income on commercial real estate is directly
related to its profitable square footage. That's
not the case with individual homes.You'll also
see a huge cash flow with commercial property.
Commercial property granter like to see at least
30 down before they'll give a loan the green
light.
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Design Out a Plan of Action
How much can you afford to pay? How much do you
expect to make on the deal? How many renter are
already on board and paying rent? How much rental
space do you need to fill?
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Learn to Recongnize a Good Deal
The best deals are the ones where you know you
can walk away from.Always be look for a damage
that requires repairs, know how to assess risk
and make sure to break out the calculator to
ensure that the property meets your financial
goals.
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Look for Motivated Sellers
Your job is to find motivated sellers
specifically those who are ready and intent to
sell below market value. The fact is that nothing
happens or even matters in real estate until you
find a deal, which is usually come along by a
motivated seller.
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Discover the Fine Art of Neighborhood "Farming"

To classify a commercial property is to research
about the neighborhood is located in by going to
open houses, talking to other neighborhood
owners, and looking for vacancies.
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Use a "Three-Pronged" Approach to Evaluate
Properties
Read the classified ads and hire and investigate
to find you the best properties. Real estate
track that can help you find valuable investment
leads in exchange for a referral fee.
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Conclusion
Evaluating commercial properties is all about
building relationships and compatibility with
property owners so they feel comfortable talking
about the best deals and also doing business with
you.
For more information visit at
www.coomberlaw.com