Yes, guided investment in real estate is always profitable and it can bring considerable returns on your investment. Investing in residential property gives you a place for peaceful living. And it couldn’t be successful without the guidance of an investment managing firm such as Truebell Capital.
If you have two or more residential properties, you can lease the property and earn a reasonable rent. On the other hand, investing in a commercial property for sale can be more rewarding as compared to residential properties. For example, in Australia, properties valued more than Australian $25 billion changed hands during the last year which highlights the benefits of investing in commercial properties.
Before hiring Truebell Capital though, here are some investment factors you should know:
Factors for investment:
While investing in commercial property for sale you should also consider issues like the value of the property, location, type and duration of a lease, quality of tenant and so on. In addition to this, you should also consider the vacancy rate in the particular region where you are planning to invest.
As a matter of fact, Australia is one of the few countries with comparatively lower vacancy rate. For example, in Sydney, the vacancy of commercial property is about 6.2%, Melbourne 6.4%, and Adelaide has a vacancy rate of 16.2%. Therefore, this lower vacancy rate also underlines the continuing demand for commercial properties.
Encouraging investment option:
If you are investing in a commercial property, you should adopt a professional approach while making the investment. This is because unlike the residential properties, investing in commercial properties also comes with a few risks. Yet, for those who are venturesome and tread with caution, then investing in commercial properties in countries like Australia has become increasingly encouraging investment options.
Expenses on maintenance:
As compared to residential properties, maintenance of commercial properties is quite expensive. While making the investment you should also consider expenses related to maintenance of the building, like, for example, adherence to safety standards, cost of air conditioning and such other related issues.