![]() One to the biggest mistakes investors make when they buy into an investment property (whether it’s commercial or residential) is that they fall in love with the property. ![]() Fall in love with the deal, not the property Your financiers and your legal team will be very important to your success. It requires that you have a good team of professionals around you. It requires that you become better educated. This requires a different level of advice and compliance in order to protect both you and the tenant. With commercial property you deal with contracts. ![]() When you invest in residential property, you deal with people. Investing in commercial property is a totally different game Here are eight rules that all good commercial property investors should consider: 1. Of all the extremely high-net-worth property investors I know, only two own predominantly residential properties. Different rules apply and they must be followed if you want to be successful. People need to understand the difference between residential and commercial real estate investing. According to international real estate investor Dolf de Roos, people make some huge and ultimately costly mistakes when they enter the commercial property investment game. While Australian’s are becoming more comfortable with the idea of having a stake in commercial buildings very few really understand the rules of investing in commercial real estate.
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