Latest / Aus Property Mastery with PK
Buying Commercial Property? STOP!
Should you buy a commercial property right now? 🤔 There’s a lot of buzz right now about the benefits of commercial property, higher cashflow, long tenancies etc etc.. BUT it's not all what it appears to be ⚠️ In this episode I’ll go through FIVE pros and cons and tell you things no "expert" will tell you❗ 1) Commercial is valued on yields which are determined by interest rates spread and rental income. The former is rising pushing down values 2) Rents are rising but a 5% rent rise does not offset at 3% rise in interest payments 3) Small business are going to struggle more meaning leases are…
The skinny
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