Commercial real estate investment means buying an office space or retail space and then either putting it up for rent or selling it to make profit and buy some more property. Since commercial real estate investment requires a huge initial capital, it is often seen as a field for institutional investors. But that is about to change now. If you are looking to invest in real estate, you might as well think of investing in commercial real estate. Though commercial real estate investments cost much more and also come with a high risk factor, they are also far more profitable than residential real estate investments. Rental yield for residential property is 3-4% whereas rental yield for commercial property is 9-12%. Estimates show that within the next five years the demand for office space in India is going to be around 200 million sq. ft. Therefore this might be the best time to invest in commercial real estate. But if you are a beginner, here are a few tips to get you started.Research: A thorough background research is very important before any kind of investment. First find out if the demand/supply dynamics of the location is healthy. Expenses such as maintenance, property tax, building insurance, refurbishment and long term capital appreciation potential of the property are some of the factors that the investor should be aware of before investing. Frontage, foot-fall and dynamics of the adjoining shops are matters of consideration in case of investing in retail space. Amenities demanded by a particular business should to be kept mind while buying commercial real estate for business purpose. The best people to approach for advice on these matters are lawyers and real estate agents.Be patient: This is possibly the most important advice to be given to any commercial real estate investor. Commercial real estate deals take time whether it is for finding the right property to invest into or the renovation of the property or the screening of customers. It will be best to wait, look around and understand market demands and trends for a while than making hasty decisions. In fact with more experience, time taken to finalize deals will diminish.Focus on each investment: If you are a beginner, focus on one investment at a time and it is best to keep your investments limited to any one kind. It can be retail, office space, land or anything. But it will be advisable to avoid diversification.Get a mentor: It is better to learn from someone else’s mistakes than your own. Get yourself an experienced mentor who will be able to point out your mistakes when you make any and refer you to contacts he had himself cultivated over time.Get a solicitor: A solicitor can help you go through the complicated process of a commercial real estate deal. It is better to get a solicitor who is a practicing professional with a sound local knowledge.Get a partner: Commercial properties are costly and are often out of budget of any individual investor. Therefore having a partner is almost essential. It will also prove profitable to have acquaintances in contracting, banking and real estate sales professions as theses people can help you in finding deals as well as in investing.займ на карту без отказов круглосуточновзять кредит онлайн