How To Launch your Commercial Real Estate Career
Investing in commercial real estate has been around since the founding of the United States. Although property values do fluctuate, the commercial real estate market can be a good investment opportunity. Commercial real estate draws investors because the properties produce income, appreciate and can be purchased with less than 100% of the selling price.
These few basic rules will help you successfully launch your commercial real estate investment career.
Now is the right time
There’s no perfect time to start investing in commercial real estate. When you have startup money available and find reasonably priced (or good value) properties, make the leap. Start small by making one or two purchases. Your properties will appreciate, and you’ll soon have more capital to put toward your next purchase.
Go big as soon as you can
Smaller purchases are less risky, but larger properties will build your portfolio’s value faster. One of the primary advantages of investing in commercial real estate over the stock market is the tangible nature of real estate. When the stock market turns down, your real estate investments, both large and small properties, remain valuable.
Don’t sell too quickly
It’s tempting to go for a quick return, particularly in growing areas or those with high demand. If your property is in a ‘hot’ market or district, you’ll gain more return if you wait to sell since property continues to appreciate. Use market forecasts to guide your decision-making.
Consider using an individual retirement account (IRA)
Unlike a traditional IRA, a self-directed IRA will allow you to invest in commercial real estate with your personal retirement funds. You won’t have to use taxed income either.
Interested in starting a career in commercial real estate investment? Talk with the SabTera Capital team for more information about financing options. We’ll find the solution that’s right for you.