April 26, 2024

Take the Leap into Commercial Property and Overcome the Fear Factor Part 2 with Andrew Gemmell

34 minutes

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

SHOW CREATED BY REVOLVE COMMERCIAL PROPERTY PODCAST

HOSTED BY: Mish Daniel

Ph: +61 401 313 573

Website: ⁠www.revolvecommercial.com.au ⁠

Email: ⁠[email protected] ⁠

YouTube: ⁠@mishdaniel-revolvecommercial⁠

LinkedIn: ⁠www.linkedin.com/in/michelline-daniel-commercial⁠

Facebook: ⁠www.facebook.com/revolvecommercial⁠

Facebook Group: Revolve Commercial Group - ⁠www.facebook.com/groups/revolvecommercial⁠

Instagram: ⁠@revolve.commercial⁠

TikTok: ⁠@revolvecommercial⁠

Learn about the ‘RED FLAGS’

Download your FREE Due Diligence Book!

Use code DD100 to get it for free - ⁠revolvecommercia.kartra.com/page/cre⁠

Start building your wealth on your next Property like a PRO!

What’s Included:

★ Wealth Grow Plan - Generate your personalised, FREE 12-Month Wealth Growth Plan - in just 8 questions!

★ Picks Every Month - Grow Your Own Portfolio With Our FREE VIP Investor Pic’s of the month

★ Due Diligence Checklist - This guide will teach you how to avoid the pitfalls and traps of your commercial property purchase including: buying a dud, legals in disorder & losing thousands.

★ Be constantly informed & up to date on all the latest commercial real estate trends

★ Blogs - Dive into the latest industry trends, property insights, investment opportunities, and market analyses, all delivered with a conversational and engaging style and stay informed.

★ Case Studies - Explore successful projects, investment strategies, and market developments, all presented in an engaging and conversational style

...more

View all episodes

By Property Investing Australia