Insider Tips to Help You Discover How to Succeed with Commercial Property
THE AUSTRALIAN RETAILERS Association (ARA) reported fifteen consecutive months of growth within the retail trade as of November 2022.
According to ARA CEO Paul Zahra: “November’s results remain strong when compared to the same period in 2021. The result is particularly strong considering the cost-of-living squeeze being felt by households across the board”.
A slowdown of spending in 2023 is expected as a result of inflation and rising costs of business. [Read more…]
LEAVING ASIDE the effect of Covid has had on the general economy, the consequent drop in population growth and immigration will have a lasting impact upon … [Read more…]
ONLINE SHOPPING boomed during the lockdown. However, smaller retail outlets in strip centres and malls are actually struggling.
A recent study showed 37% of some 10,000 tenancies are run by small business owners – with just 1 to 3 outlets. And they mostly comprise food, health and beauty. [Read more…]
I THINK it was management guru, Tom Peters, who came up with probably the best advice on how to overcome procrastination — stemming from the need to have everything perfect BEFORE taking action.
And even though his advice may have originated in the 1980s … it certainly still holds true today, when it comes to Commercial property investors.
Tom Peters’ simple strategy was: “Ready … Fire … Aim!” [Read more…]
AS AN INVESTOR in Commercial property, you need to fully appreciate where your profits actually come from.
In most cases, the key lies with your tenants … who provide you a steady stream of income.
So finding reliable tenants is crucial; which means understanding their needs, and providing them an suitable premises.
Therefore, it is essential that you continually anticipate exactly what your tenants are expecting. [Read more…]
WHEN IT COMES TO MAXIMISING your property income, depreciation is a powerful tool that is often overlooked.
As a Commercial Investor, you have a unique advantage over those investing solely in residential properties.
FINANCIAL INSTITUTIONS HAVE a range of methods for evaluating commercial properties, but there are some general guidelines that they typically follow.
One of the key numbers that banks focus on is the property’s Net Operating Income (NOI), which is essentially the rental income minus expenses.
WITH EVERY NEGOTIATION, you always need to be thinking on your feet. And here are several simple Tips to help you do just that.
WHEN YOU EMBARK on your journey as a property investor, it can be overwhelming – with a flood of information and diverse opinions. To help simplify the process, here are five essential tips for new (and seasoned) investors.
IT DOES NOT MATTER whether you’re an investor or an owner-occupier, there are several important factors to consider when purchasing a commercial property to ensure you make the right choice.
In a previous article, I shared a handy App to assist you in shortlisting potential properties. If you haven’t already downloaded it, simply click on the HiReturn Filter over on the right, to install it on your tablet or mobile device.
THERE IS A BELIEF among many experts that a surge in the stock market typically precedes a recovery in the commercial property market by about six months. And the start of this year saw equity markets gaining some momentum.
I HAVE BEEN ASKED countless times about the secrets to a successful negotiation. And I want to share with you the key elements to help make your negotiations effective.
But first, just watch this short video to gain a quick understanding of these three essential elements that form the foundation of every negotiation.
