Monthly Archives: April 2017
Purchasing real estate related to commercial purposes is a lot different from purchasing a home. The article below details some tips you should keep in mind when shopping for commercial real estate.
Examine socioeconomic conditions in the neighborhood you’re thinking of purchasing commercial real estate in. Pay special attention to the unemployment rate, and the average income level in your property’s neighborhood. A home that is in a great area, like next to good schools and parks, and has jobs available, will have a higher value than surrounding properties.