Saturday, 29 November 2014
Good Advice on Property Investment in Perth Helps Reduce Tenancy Risk
These recent developments, however, do not not make the commercial property sector impervious to other risks, such as property repricing (i.e. when foreign investments finally stop coming in) and tenancy risk (i.e. when commercial properties fail to attract enough tenants), which the RBA also acknowledges. A price correction may be beyond investors’ control, but they have the means to minimise tenancy risk. All they have to do is to strike a balance between meeting the needs of the tenants and those of the landlords. With these things in mind, any investor would do well to work with a commercial real estate company—such as Brett Halvorson & Associates, for instance—that can manage a property investment in Perth effectively.