Why You Should Invest in Commercial Conversions as a Property Investor
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Show Notes
You can purchase a commercial property with a long term lease bringing in rent and capital appreciation or you can buy a commercial property and convert it into residential creating an uplift in profit.
There are great deals available on commercial properties and the opportunities to get a property at a reduced price is out there right now.
Shaz shares his expertise on what you can do with commercial property and why there are commercial properties out there at really good prices.
KEY TAKEAWAYS
- The price per square foot is much cheaper on commercial property.
- Converting commercial to residential will increase the value per square foot
- Even after a refurbishment, there is a huge profit margin.
- If you don’t sell, refinance then rent out the properties bringing in immediate cash flow to cover the loan.
- There are particular areas in towns and cities across the country that have great opportunities to purchase commercial properties
- There are long term leases available on commercial properties.
- With commercial properties, you can have an FRI lease and any insurance, maintenance or repairs are the responsibility of the tenant
BEST MOMENTS
‘Now people have seen there is a different way of working’
‘There are more opportunities now than there were 6 months ago’
VALUABLE RESOURCES
ABOUT THE HOST
Shaz Nawaz is a serial entrepreneur; he owns five thriving businesses in diverse sectors.
Shaz is committed to helping business owners build successful businesses. Having conducted over 3,000 business growth consultation he has helped his clients generate millions in additional profits. His purpose is to inspire business owners to build businesses that are hugely profitable and sustainable.
He is a huge advocate of having multiple streams of income. He has written a number of business books and regularly contributes articles to mainstream media outlets.
You can find Shaz on: