Search results

I believe most RE agents are only able to offer appraisals depending on their qualifications of course. Valuation would also depend on what you want to use it for, e.g. getting finance or selling off the asset. I believe if you have an idea of what the land is worth and what the assets in the...

Just want to add to the location, location, location context. Extract from a text from my valuation course: One oft-heard shibboleth in real estate circles is that "the most important three determinants of land value are location, location and location". This is, of course, an...

Awesome guys. It's great to hear from people sharing their experiences. Much appreciated.

Thanks to all that replied so far. I now have some guidelines when I start going to these auctions. Keep them coming though.

How does the 12 month rent free period work? Is it 12 continous months or spread over the 10 year lease? What's the guarantee over the 10 year lease? Some sort of financial guarantee instrument? Bank maybe? Of course certain due diligence has been done to go for this deal. Nothing...

So true. Due diligence followed by risk management should be applied on almost anything shouldn't you? Before buying a business, property, car, getting married ;)

Thanks to all that replied so far Specially to Compropmanager, my sentiments exactly. I really appreciate the responses and looking forward for more. I hope to be able to contribute in the near future as I gain more understanding and experience about the subject.

I have to admit that I've never been to a commercial property auction before and planning to go to have a feel of the commercial property market. So again the question on what to look? What do I ask the Real Estate agent? How do know if it's a good investment or not? I know the...