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
Why should you hire Commercial Property Managers?
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
Rules for Leasing Commercial Property in Perth
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
Tips for Perth Commercial Real Estate Owners: Reducing Vacancies
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.
http://www.bretthalvorsonassociates.com.au/tips-perth-commercial-real-estate-owners-reducing-vacancies/
Friday, 3 October 2014
Feasibility Study: Knowing the Lay of the Land
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.
Facts on Property Investment in Perth: Tax Information for Landlords
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.
http://www.bretthalvorsonassociates.com.au/facts-property-investment-perth-tax-information-landlords/
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