Tips for New CRE Investors
A commercial real estate (CRE) property is a great investment opportunity, but if you’ve never invested in this type of property before, your best interest would be to work with one of our brokers at HOWE Real Estate who have many years of expertise in this industry. We know CRE properties and investing inside and out and can help you every step of the way.
If you’re a new investor, you can yield a great turn on your money if you know how to invest correctly. We with work with you to minimize your risk while maximizing your return.
As experienced commercial real estate brokers in Louisville, we know and understand the ins and outs of commercial investing. It’s our job to help you (the investor) evaluate different factors when investing in commercial real estate (CRE).
Our Louisville commercial real estate brokerage experts at HOWE Real Estate wanted to share with you some helpful tips when investing in CRE. At HOWE, we provide real estate development and consulting services across all market segments.
Be a planner. Make sure your goals are realistic and create a plan for this year, as well as a five and 10-year plan.
Check your credit. Lenders want to see this score and are looking for a score of at least 700. For Free, you can view your credit on CreditKarma.com.
Look for a lender. Ask our team for lender recommendations. We can give you access to reliable lenders that we have relationships with. It’s our recommendation that you contact a lender before your search for the CRE property even begins, so we can get your financial side of things cleared. You want to know what you can afford, and you want an established relationship with a lender before you’re ready to buy.
Know where to look. Once your finances and price point are set, you can start looking. As experienced real estate brokers in Louisville, we can help you find CRE properties faster that fit what you’re looking for. We have access to databases that are not available to the public. We know what’s going on in the Louisville market.
Learn more. Besides using our expertise, read up on your own about CRE investing, whether from a book or on the internet. You can even take an online course in real estate investing.
Know what to expect. When it comes to return on investment (ROI), it’s about 1% per month of the purchase price, which is considered a health return. Your ROI will depend on the property and location.
Looking for Commercial Real Estate Broker
If you’re ready to invest in a real estate property, let our team at HOWE Real Estate find you the right CRE investment. We will work hard to help you every step of the way. We have a great track record, experience in the Louisville area, and understand the CRE market.
As CRE brokers and commercial real estate experts, our team at HOWE Real Estate is happy to help you find a CRE property, whether you’re a seasoned CRE investor or new to this type of investment. We have extensive experience in the CRE market. We can even help you get set up with other CRE experts like accountants, lawyers, notaries, tax experts, and more!
At HOWE, our ability to get creative with new solutions to old problems has made us a leader in commercial real estate. Our commercial real estate brokerage, real estate development and consulting services across all market segments. This includes retail, industrial, office, investments, land, mixed use, development and multifamily.
Let our team of professionals at HOWE Real Estate help you get started on looking for a commercial property for sale. We work with buyers, sellers, lessors and lessees across all property types. To contact us, send us an email or call 502-890-4475.
Check out our commercial real estate listings.