There are many people who are considering investing in commercial real estate. If you are one of them, you may want to seek the assistance of a commercial real estate professional such as Brian L. Katz. Brian Katz has more than 25 years of experience in the real estate industry, and is well equipped to provide the best advice possible to his clients.
According the IBIS World research the commercial real estate industry is worth approximately $945 billion in the United States. Commercial real estate usually consists of office space, industrial property, restaurants or retail buildings, as well as multi family housing units.
A real estate professional will discuss what you are looking for in your commercial real estate purchase. You may want a certain square footage or location. An agent can help you narrow down your search criteria, as well as determine your budget.
An agent will then locate a list of potential commercial real estate properties and set up tours and viewings of those properties. If you try to do this yourself, you may find that you become frustrated because many sellers will only show properties to those accompanied by an agent.
After you have found the best commercial real estate for your needs, your agent will help you with the necessary paperwork, whether it is a purchase or lease agreement. If you are leasing, you need to understand maintenance or build out fees that may be attached to that lease.
Inflows of cash from investing in commercial real estate include rent, sales profits, parking fees, vending fees, and tax benefits or credits. When investing in this type of real estate it is important to have a professional such as Brian L Katz, help you manage bot the inflow and outflow of your profits.
Because obtaining commercial real estate can be a complex process, it is very important to have a knowledgeable professional on your side. This person will be able to guide you through the entire process to make sure that you find the best property for your needs.
When you are ready to make the move toward purchasing or leasing commercial real estate, the first call you should make is to a knowledgeable and professional real estate agent.
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