12/21/21, 1:39 PM
Are you Buying Commercial Real Estate for the First Time? | James Kassouf | Property Investment
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ARE YOU BUYING COMMERCIAL REAL ESTATE FOR THE FIRST TIME?
by James Kassouf | Dec 21, 2021 | Blog, James Kassouf, Property Investment, real estate
Buying a commercial property is a big investment—one that can have a significant impact on a person’s financial future. And with a volatile market, it’s important to make those decisions carefully and strategically. For that reason, this blog has compiled a list of five tips for first-time commercial real estate investors to help guide them and ensure success.
Don’t Be Afraid of Long-Term Commitment
Commercial real estate investment is a serious undertaking, so one will want to make sure that they’re fully committed to it. This can be a challenge because the process differs from making shorter investments. However, it’s important to remember that a long-term commitment also means being patient. One should also check in periodically with their investors—a good way to gauge their commitment is by asking how often they talk about investing in commercial real estate. Those who are truly in it will talk about it daily for the long run.
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