There is a lot more possibility of making money in commercial real estate than there is in residential property. It might be difficult to find good opportunities.Here is some advice to assist you in making better informed decisions regarding commercial real estate venture.
Take photos with a digital camera. In the “before” photos, especially, make sure that the pictures clearly show defects such as stains on the carpet, discolorations in the tub and sink, and holes in the walls.
Prior to making a large investment on a property, look at the local income, unemployment rates, and how much hiring and firing nearby businesses are doing. If the building is near certain specific buildings, including hospitals, or a hospital, or large companies, and at a high value.
Take digital photographs of the place. Make sure the picture shows the defects … Read the rest