Commercial Property

DIY Commercial Property Valuation

DIY Commercial Property Valuation

March 2, 2014Commercial Property0

To avoid paying for a valuer to do a valuation every time you find a commercial property you may have interest in, it is worth having a few approaches to help you come to your own valuation prior to making an offer. The simplest approach is to ask the listing real estate agent what comparable market rents are and if they know of any recent comparable sales nearby and what capitalisation rates they... »

Controlling the Valuation Process

Controlling the Valuation Process

March 1, 2014Commercial Property4

Unlike residential property, when investing in commercial property an investor has much greater control over the valuation process. For commercial property, banks will usually allow you to pay for a valuation yourself (which you will receive a full copy of) that can later be re-assigned to the bank (if your offer on a property gets accepted and you decide to proceed with a purchase) and used for f... »