Even if you are new to commercial real estate investing, there is still a lot of money to be made in this industry, especially if you know where to look. Commercial property, including industrial buildings, office buildings, warehouses, shops and large retail facilities, are just some of the real estate investment opportunities available in Oregon.

Still, making money in the commercial real estate investment market isn’t as easy as it might sound. With the large number of investors already purchasing the best properties, it can take additional understanding, research and hard work to become successful at it.

Having said that, we are going to take a look at some of our top tips for commercial real estate investors in Oregon. So, if you want to make more money in the Oregon real estate investment market, keep reading:

Top 4 Tips For Commercial Real Estate Investors In Oregon

Optimize space- space is one of the most essential assets in real estate investment. By optimizing the space of your investment property, you might be able to create better layouts or even more units which can lead to an increase in property value or monthly income.

Increase the rents- one of the simplest and most direct ways to make more money on your commercial real estate properties is to increase the rents. However, this isn’t something that you can do without careful planning and consideration. Be sure that the increase is justified, otherwise, you could lose tenants and find it much more difficult to lease vacant properties.

Offer additional services- just because you are an investor, doesn’t mean that you can’t take on additional roles to make your properties that much more appealing. This is also a good way to increase your earnings and grow your personal brand. For example, offering cleaning and trash removal services, additional parking spaces and other premium services are all good ways to go about improving on your investment.

Focus on Maintenance- investment property can be expensive when it comes to the repair and maintenance. But, by focusing on maintaining your properties, instead of constantly paying for repairs, you can save a lot of money and increase the value of your investment property as well as your overall ROI.

Thriving in the commercial real estate market in Oregon isn’t difficult, it just takes some innovation and a good knowledge of what potential tenants want.

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