How to Become a Commercial Real Estate Expert
If you’re new to commercial real estate investing, you likely have a lot to learn… but that’s OK. No matter when you enter this type of investing, you can become an expert in this market.
At HOWE Commercial Real Estate, we provide commercial real estate brokerage, real estate development and consulting services across all market segments. We know a lot about commercial real estate (CRE) investing, so we wanted to share with you some tips on how you can become an expert in CRE.
Inventory – You need to know what is available for sale, lease, and what exists at the baseline. Use listing services (or work with a brokerage firm and commercial agents who have these services) to view listings.
Transactions – You also need to know what has leased or sold, which is known as COMPS. True CRE experts understand the story behind all transactions and what occupants chose certain buildings and motivations.
Trends – You must look at past deals and into the future. You want to look at trends, predictions, and market direction to see the state of the market.
Ownership – You need to learn the ownership entity. You need to do research. Commercial real estate owners are either owner occupants or owner investors. Owner occupants own the premises and occupies it. Owner investors rely on rent generated by the building with no ties to the occupant.
Occupancy – You can call or knock on doors to find this information, but it takes time.
This is just the tip of the iceberg into commercial real estate investing. We know the ins and outs of CRE and can answer any and all questions you have. There’s a lot to learn and know, but you don’t have to go at it alone. At HOWE Commercial Real Estate, we appreciate that every investor seeks the greatest profit levels. Louisville is the perfect place for investing in commercial property. The affluence of the commercial sector in this busy city makes it a great place for business owners. In turn, that means investors are unlikely to be hit by delays during the real estate processes.
Looking for Commercial Real Estate Investing in Louisville?
If you’re new to commercial real estate investing, you can expect a lot of returns with the right investment plan, especially with our team at HOWE Louisville looking out for your best interests. Our highly experienced team of brokers offer comprehensive support from the first step to the last. We cover the full spectrum of commercial-related investment services. In doing so, we ensure that each investor can make their capital work harder.
The process can be overwhelming, but our continued support makes the road to success far smoother for every investor. We want to help you reach your financial goals with a CRE investment.
Let our team of professionals at HOWE Louisville help you get started on looking for a commercial property to invest in. We work with buyers, sellers, lessors and lessees across all property types in and around Louisville. To contact us, send us an email or call 502-890-4475.
Check out our Louisville commercial real estate listings.