7 Tips When Buying Commercial Real Estate from Long Distance

7 Tips When Buying Commercial Real Estate from Long Distance

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You can successfully own commercial real estate long distance if you keep these 7 important tips in mind. Since some of the best commercial property investments may not be in your own backyard, understanding how to own them long distance is critical to successful investors.
https://www.commercialpropertyadvisors.com/7-tips-buying-commercial-real-estate-long-distance/

0:00 Intro: Purchasing commercial real estate out of state can be challenging. How do you do it successfully?
1:35 Tip 1: Know Why Buying Out of State is So Attractive
4:48 Tip 2: Don't Buy a Property Without Seeing It
7:23 Tip 3: 2 Alternatives to Purchasing Commercial Real Estate
10:11 Tip 4: 4 Must Have Guiding Principles for Investing Long Distance
14:25 Tip 5: Buy a Commercial Property That is Big Enough
17:40 Tip 6: Have Realistic Deal Underwriting and Expert Level Due Diligence
22:52 Tip 7: Don’t Invest Beyond Your Knowledge