Investors should always be aware of what their ventures will cost instead of simply looking into the potential returns. Since tax laws can put quite a damper on a property investment, it pays to know what you can expect before you enter such a venture.
Friday, 24 October 2014
Friday, 17 October 2014
Investing in commercial property for the long haul is an excellent way to diversify one’s portfolio. Even with minimal involvement, a commercial property offers good returns. To ensure that their assets stay in good condition, commercial property owners/investors with little time on their hands often hire reliable property managers.
Friday, 10 October 2014
If you own commercial property in Perth that you wish to lease to someone else, it’s important that you be aware of the ground rules set by the local government. Although your commercial property manager can walk you through every step of the process, it still pays for you to have a grasp of how it works.
Sunday, 5 October 2014
Keeping your property well maintained and current will ensure your property remains of interest to potential lessee’s making your property the better option to occupy which ensures your property value is maintained with a good financial return on investment. It’s best to practice efficient ways to reduce the vacancy rate of Perth commercial real estate properties. Fair Rent Don’t overcharge your tenant rent. Keep in mind that prospective tenants of your commercial property would have done their homework and thus would know the fair market rent value of the property. If you’re within the fair scope, but still find you couldn’t score new tenants, look into reducing the cost; it should still be viable as long as it doesn’t go under the market value and you end up losing money.
Friday, 3 October 2014
The first few years of a start-up business are the most critical. If it can't create enough momentum at this stage of its life, chances are, it won't last long. The Australian Bureau of Statistics reports that an average of 44 small businesses close up shop every day. Aside from rising energy costs and labour costs, lack of local government support is also cited as a small business killer.
Perth Western Australia has a range of commercial Investment properties to choose from Whether Commercial, Industrial or Retail.It’s important that investors familiarize themselves with the local market and the attributes that affect commercial property investment in Perth. Sound local knowledge will assist in understanding the value of properties , expected property yields, lease terms and conditions.Having your investment property professionally managed by a commercial property specialist is not only very wise but a sound business decision which in turn will help to grow your asset.