Ever Wanted to Purchase Commercial Building?
When you are really giving up substantial advantages, why be like many financiers and remain within your convenience zone .... Buying commercial property has actually become more popular over the past few years, as investors want to widen their horizons and aim to uncover more attractive alternatives in a tightening property market. Even with COVID-19, vacancy rates for commercial property are lower than for domestic property. And when you this combine this with higher returns and depreciation benefits ... you then you quickly discover it's rewarding checking out business residential or commercial properties, as a potential investment. Higher Rental Returns Commercial property typically uses you around twice net return of your property investments. Today, commercial NET returns are between 5% and 7% per year. Whereas, house usually provides you with a net return of between 2% and 3% per annum. And as you'll appreciate, that means a commercial fina...