Asked by Mr. saravanan
Hi,
I have cash of about 100K. I'm wanting to invest it into a commercial property with rental yield.
I have been reading up and discussing with many friends and agents about the purchase of a commercial property for investment.
I have been told many thing:
1) Low yield (abt 3%)
2) Short lease hold (30 -60 years)
3) Difficult to sell out
4) need to buy with tenant if not it will be a risk
5) Location needs to be good [but no one every defined the meaning of good?]
If you are an agent who has knowledge on these areas and would like to guide me in purchasing the right property, please reply me and I will appreciate it.
Thanks!
I have cash of about 100K. I'm wanting to invest it into a commercial property with rental yield.
I have been reading up and discussing with many friends and agents about the purchase of a commercial property for investment.
I have been told many thing:
1) Low yield (abt 3%)
2) Short lease hold (30 -60 years)
3) Difficult to sell out
4) need to buy with tenant if not it will be a risk
5) Location needs to be good [but no one every defined the meaning of good?]
If you are an agent who has knowledge on these areas and would like to guide me in purchasing the right property, please reply me and I will appreciate it.
Thanks!
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