Episode 2: The Fundamentals of Commercial Investing
Scott and Phil clarify how much money you actually need to buy a commercial property, how preparing your financials when investing in commercial differs to residential, and what it takes to make your first move in the commercial market. The podcast also covers what kind of financial backing is required for a commercial purchase, hidden costs that investors should be wary of, and how the commercial market is faring right now.
What you'll Learn
- What commercial property is, and the three types of commercial property
- Why commercial property investment is often overlooked
- The pros and cons of investing in commercial compared to residential
- The common myths about investing in commercial property
- How COVID has affected the commercial market
- Why commercial property can bring you higher cash flow and set you up for retirement
- The key terms and information you should have under your belt before jumping in
- How the Inside Commercial Property podcast will inform everyday Australians on the commercial sector
Resources
- https://www.realcommercial.com.au/
- The Smart Property Investment network, produced by Phil Tarrant
- Property Investment Calculator from Rethink Investing