Are you taking all the right steps to successfully acquire a commercial property?
What are the questions you should be asking when doing your due diligence on a property, will you be able to best negotiate for the best deal and what could the possible potential pitfalls be?
In this episode of the Revolve Commercial Property Podcast, host Mish Daniel takes us on a deep dive into the journey of acquiring a commercial property with one of her clients, Andrew Gemmell.
This episode is tailored for you if:
👂 You're interested in investing in commercial real estate
💰 You want to understand the due diligence process
🏢 You're looking to build a portfolio of commercial properties
WHAT YOU'LL DISCOVER IN THIS EPISODE:
The mindset going into commercial investing (2:16)
The criteria used to evaluate potential properties (7:54)
The red flags with the property & how they were over come (11:00)
Negotiations around getting the lease executed before going unconditional (13:05)
Importance of doing due diligence on buildings' certifications (17:27)
Evaluating mechanical assets like gantry cranes and solar panels (28:01)
The timeline from finding the property to settlement (30:22)
This episode gives an inside look at what it really takes to acquire a commercial property - the patience, persistence, and willingness to go thorough due diligence. Andrew's journey illustrates the importance of working with an experienced buyer's agent.
#CommercialRealEstate #DueDiligence #BuyersAgent #PropertyInvesting
🎙 Connect with Mish Daniel - Revolve Commercial
Website: www.revolvecommercial.com.au
LinkedIn: https://au.linkedin.com/in/mish-daniel-commercial
Instagram & TikTok: @revolve.commercial