Commercial investment property guide ...

Viewing 9 posts - 1 through 9 (of 9 total)

bennido
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@bennido
Join Date: 2004
Post Count: 195
October 19, 2006 - 4:07 am
I’m considering trying my hand out at commercial investment properties.
Can anyone here offer some advice on some website, books, research material, etc that can give me a good head start ?
Mich appreciated ! Thanks !
MichaelYardney
Participant
@michaelyardney
Join Date: 2001
Post Count: 616
October 21, 2006 - 5:21 am
The rules for commercial real estate investment are very diffeernt to those for residential investment.
Commercial properties are yield driven and yileds also drive their values.
This article may explain some of the differences:
http://www.propertyupdate.com.au/articles/49/1/Residential-Or-Commercial—Which-is-right-for-you%3F
There is also a good book by Chris Lang call “How Commercial Proprety Works”
Michael Yardney
METROPOLE PROPERTIES
Publisher of Australia’s leading property e-magazine.
Join over 17,000 readers.
FREE subscription http://www.PropertyUpdate.com.au
DraconisV
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@draconisv
Join Date: 2006
Post Count: 319
October 21, 2006 - 12:53 pm
Thanks Mike that article from your website(i think) helped me out heaps, more than any other resource relating to the differences between residential and commercial real estate investing.
Thank you,
Christopher Fife.
bennido
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@bennido
Join Date: 2004
Post Count: 195
October 24, 2006 - 12:45 pm
Originally posted by MichaelYardney:
The rules for commercial real estate investment are very diffeernt to those for residential investment.
Commercial properties are yield driven and yileds also drive their values.
This article may explain some of the differences:
http://www.propertyupdate.com.au/articles/49/1/Residential-Or-Commercial—Which-is-right-for-you%3F
There is also a good book by Chris Lang call “How Commercial Proprety Works”
Michael Yardney
METROPOLE PROPERTIES
Publisher of Australia’s leading property e-magazine.
Join over 17,000 readers.
FREE subscription http://www.PropertyUpdate.com.au
Thanks Michael, great article. [specool]
And I’ll look out for that book too. Went down to Borders today and they had tons of book on residential property. But NONE on commercial property. [grrr]
ogilvy
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@ogilvy
Join Date: 2006
Post Count: 32
October 24, 2006 - 10:38 pm
Resi sucks…….commercial all the way.
bennido
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@bennido
Join Date: 2004
Post Count: 195
October 25, 2006 - 11:23 am
Originally posted by ogilvy:
Resi sucks…….commercial all the way.
hi ogilvy .. do you want to share what are the main points that cause you to favour commercial so strongly over residential ? .. thanks ! [blink]
ogilvy
Member
@ogilvy
Join Date: 2006
Post Count: 32
October 25, 2006 - 12:40 pm
No. I dont want you to steal all the commerical properties before I get to buy them all. [strum]
Mortgageman
Participant
@mortgageman
Join Date: 2004
Post Count: 164
October 27, 2006 - 1:38 am
I can second Michael’s recommendation for Chris Lang’s book. Chris also has a free e-book you can download off his website at http://www.gal.com.au. This will give you a good grounding on how commercial property works. There are a lot more variables to consider than residential property.
Kind Regards,
Cameron Perry
Director
Perry Financial Strategies
Level 13, 30 Collins St
Melbourne VIC 3000
Ph (03) 9662 1999
Fax (03) 9662 2044
bennido
Participant
@bennido
Join Date: 2004
Post Count: 195
October 31, 2006 - 2:33 pm
Originally posted by ogilvy:
No. I dont want you to steal all the commerical properties before I get to buy them all. [strum]
LOL ! .. Don’t worry, I seriously doubt if I’ll come close to stealing any from you ..