Tips For Investing In Commercial Real Estate In Glendale CA

It doesn’t matter if you’re a first time buyer or a long time investor, when it comes to commercial real estate in Glendale CA, it is important you know what you’re getting into!  Here is some expert advice from a local Glendale real estate broker to help you make your commercial real estate purchase easier!

 

Choose The Right Type Of Property!

If you’re looking to purchase commercial real estate in Glendale CA, it’s crucial to know what type of property you want!  If you’re looking to purchase an apartment complex, it’s completely different than buying a laundromat, so you need to know what you’re truly looking to get into!

 

Always Be Patient!

If you’re looking for commercial real estate in Glendale CA, it’s important that you have patience!  A commercial real estate deal takes time to complete!  It takes a long time to purchase, renovate, to get buyers/renters, or to resell it.  Commercial real estate property investors have to be calm and never try to rush things along too quickly.

 

Take Time To Compare!

If you’re planning to invest in commercial real estate in Glendale CA, it’s important to look around!  Get out there and compare!  What’s Out There? Who’s Your Competition?

 

Be Prepared To Spend A Lot!

Unlike buying a house, when you choose to buy commercial real estate in Glendale CA, the prices are much higher!  Keep in mind that the purchase price is not the only cost involved when purchasing commercial real estate.  There will also be renovations involved, contractor fees, marketing for the property, and other hidden costs that you could run into along the way.

Always have a sufficient budget prepared for yourself.

 

Find A Financial Team!

Commercial loans are completely different from residential loans, and the down payments are a lot higher than that of a house.  It’s important if you’re looking for commercial real estate in Glendale CA, that you keep this in mind.  You should always ask around to find the best lender for commercial real estate property.

 

Find A Great Real Estate Broker!

One of the best tips when purchasing commercial real estate in Glendale CA, is to find a great real estate broker!  You want someone with commercial real estate experience, someone that will know how to get you great deals on price and location!

 

Title of Video:

Tips For Investing In Commercial Real Estate In Glendale CA, Jerry Armen |  http://www.JerryArmen.com – (818) 945-9199

Summary of Video:

Jerry Armen, The Rock of Glendale, is coined as Glendale’s best realtor providing his expertise in buying and selling homes for the Glendale, CA and surrounding areas.  Purchasing commercial real estate is a big decision, let a qualified professional assist you with your investment!

Team Rock Properties – Jerry Armen

1412 West Kenneth Road

Glendale, CA 91201

http://www.jerryarmen.com/

(818) 945-9199

 

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