Following on from the 1st Back to basics podcast, it’s time to look at what to do with your commercial property after purchase.
Securing an investment is only part of the equation. In this short episode I talk about some of the strategic steps that you will need to take post purchase to ensure success. Commercial property isn’t that complicated, it is just a series of manoeuvres. Just make sure you don’t leave any out.
- Get the property under management
- Plan and execute any redevelopment work
- Find tenants
- Set the Rent
- Keep good records on market data, sales leads and accounts.
- Plan for the future
- Review & update contracts regularly
- Refinance or sell the property
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If you want to learn more about investing in Commercial Property why not consider joining the CPI Network? A community of active investors who collaborate, share experiences and empower each other in their Commercial Property endeavours.
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CPI Website – https://commercialpropertyinvestor.co.uk/
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Property Investing, Commercial Real Estate, Strategies, CMO, Lease, Licence Agreement, Cashflow, Vacancy rates, Agents, Best Commercial property podcast, how to buy, Valuations, ROI, residential, assets, Flexspace, office space, How to get started: https://www.commercialpropertyinvestor.co.uk/
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