Commercial real estate is a great investment in Louisville, as it is a reliable and predictable investment type. If you’ve never invested in commercial real estate before, our Louisville commercial real estate brokerage experts wanted to share with you some types on how to get into commercial real estate (CRE) in Louisville. At HOWE, we provide real estate development and consulting services across all market segments.
- Choose one property type. Decide what type of CRE property you want. Retail? Industrial? Medical? Each have their benefits and challenges. When starting a CRE portfolio, it’s best to focus on one type of CRE property, so you can become knowledgeable and skilled at this type of property and investment. Once your expertise grows, you can expand your investments across the CRE market.
- Set goals. By setting goals, you will be able to choose a property easier. Are your goals about long-term rental income? Or high short-term appreciation? Think about and consider all your goals before selecting a property.
- Understanding and reviewing metrics. You want to look at net operating income cape rate and cash-on-cash return. You’re doing this to evaluate cash flow and potential profits and the overall rate of return, so you can help yourself evaluate CRE investments up against your goals.
- Consider loan options. With a commercial mortgage, a lender will review your personal financial history and the property’s ability to generate income to cover debt. Explore loan options before viewing properties as this can be an extensive process.
- Get advice from the experts. When you work with a local real estate brokerage for commercial real estate investing in Louisville, like our team at HOWE, we can identity potential properties and guide you through the buying process. We know the CRE market conditions and can be an extremely important resource for you.
Looking for a Commercial Real Estate Investment Broker in Louisville?
As CRE brokers and Louisville commercial real estate experts, our team at HOWE Louisville is looking out for your best interests. Our highly experienced team of brokers offer comprehensive support from the first step to the last. We want to help you reach your financial goals with any CRE investment. We also have extensive experience in the Louisville CRE market.
The affluence of the commercial sector in Louisville makes it a great place for business owners. In turn, that means investors are unlikely to be hit by delays during the real estate processes. At HOWE, our ability to get creative with new solutions to old problems has made us a leader in commercial real estate. Our commercial real estate brokerage, real estate development and consulting services across all market segments. This includes retail, industrial, office, investments, land, mixed use, development and multifamily.
Let our team of professionals at HOWE Louisville help you get started on looking for a commercial property for sale in Louisville. We work with buyers, sellers, lessors and lessees across all property types in and around Louisville. To contact us, send us an email or call 502-890-4475.
Check out our Louisville commercial real estate listings.