Tips for Investing in Commercial Real Estate

As South Florida starts to rebound on real estate prices, Accounting Services Associate Principal Joel Galpern, CPA, CrFA, says there are many opportunities in the market, and it’s a good time to jump back In. Today’s interest rates are a gift, he told National Real Estate Auction Radio host Doug Dennison of Rowell Auctions in an interview, and we don’t know what is going to happen in the future – especially since we are in an election year.

If you are in the market for commercial property, Galpern advises this is a great time to finance. Try to get the best rate you can, with the best terms. Also try your best to not have a balloon on the loan. Other advice: make sure you don’t have a pre-payment penalty, take as few points as possible and avoid junk fees.

When you work with an attorney and you work with a financial professional at Kaufman, Rossin, Galpern says, we can help you analyze the property and save you money.

Listen to the full interview at youtube.com.