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  • Brett Halvorson & Associates 5:00 pm on September 12, 2015 Permalink | Reply
    Tags: , , misconceptions, ,   

    Misconceptions Potential Commercial Property Investors Should Overcome 

    Commercial property investing, especially in a bustling city like Perth, can be a rewarding experience. There’s always someone new lining up to get a piece of the action. Yet with the many opportunities that come along with investing in commercial properties, it’s a wonder why some investors would rather stay away from it. Succeeding in this field entails overcoming a few misconceptions.

    It’s Too Risky

    Some investors are held back by the fear that they won’t make a substantial profit. That is a valid concern, but with the right preparations, you can manage risks to a reasonable degree and emerge profitable. Among other things, identify which business needs you can fill in your chosen target market so you can find a suitable property and avoid gambling your capital away.

  • Brett Halvorson & Associates 5:00 pm on September 11, 2015 Permalink | Reply
    Tags: , , office, ,   

    From Home Office to Commercial Real Estate: Tips for the Big Move 

    You’ve finally made it, and now you’re ready to move up the ladder, venture out into the real world of business. Your home-based office in Perth served you well in the past, but now that you have realised the need to expand, your converted space may no longer prove practical. You will soon need to move out of your home and identify commercial real estate that will serve as your official base of operations in Perth. That might prove easier said than done, however, so to help you with the big move, here are a few tips to consider.

  • Brett Halvorson & Associates 5:01 pm on September 10, 2015 Permalink | Reply
    Tags: advice, , great, ,   

    Great Management Advice for Commercial Property Landlords in Perth 

    It’s great to be the boss, and a landlord at that. Yet with the perks of commercial property investment in a major city like Perth come certain responsibilities that you, as the landlord, need to fulfil. You also have tasks such as tenant screening, rent collection, maintenance, and so much more to accomplish.

    Fortunately, you don’t have to do it all on your own. With the right strategy, you can meet all your obligations as a landlord without giving up your day job. Here are some helpful management tips to consider.

  • Brett Halvorson & Associates 5:01 pm on September 9, 2015 Permalink | Reply
    Tags: , , , ,   

    Perth Commercial Real Estate: 3 Key Factors in Choosing a Location 

    Location, location, location: the classic phrase that significantly influences the success of every Perth business, no matter the form, the size, or the industry. Aside from location, these key decision points warrant your every consideration when choosing which commercial real estate to acquire.


    The more competition there is in a particular location, the more price-sensitive customers tend to become. With so many alternatives offered to consumers, you’ll have to adjust your pricing closer to the local average to gain a good share of the market (without necessarily curtailing your profits). You must also consider how established your competitors are so you can modify your offerings or marketing strategy accordingly.

  • Brett Halvorson & Associates 5:01 pm on September 8, 2015 Permalink | Reply
    Tags: , making, , , storage   

    Perth Commercial Property: Making Storage More Enticing to Businesses 

    Many businesses in Perth need to rent or lease commercial property storage units for a variety of reasons. Some may require them during expansion when they’re temporarily overstocked, some take advantage of the short-term lease as they’re relocating or renovating, whilst others simply want more floor space for office work. Meanwhile, some online retailers need to lease product warehouses for order fulfilment.

    If you own a self-storage facility, there are things you must consider before serving the commercial market. Business looks promising if your facility is located near a commercial or industrial area. Even if you’re surrounded by residences and there are no business parks within a 5 to 10 mile radius, you can still offer storage for schools, small business owners, and housing contractors within your vicinity.

  • Brett Halvorson & Associates 4:03 am on September 7, 2015 Permalink | Reply
    Tags: auctioning, , , sale, smart   

    Auctioning an Industrial Property for Sale: 3 Smart Tips for Sellers 

    Do you need to set your industrial property for sale now and liquidate ASAP? Is it taking you too long to find a buyer who will agree to a decent price? Every year, many property owners in Perth choose to sell their assets through public auctions. In addition, auctions can also help owners get better deals for their properties—sometimes even higher than the reserve prices—through competitive bidding.

    In spite of the benefits it offers, however, auctioning can be overwhelming for sellers. If you are looking to put your property on auction, these tips will prove indispensable.

    Tip no. 1: Be sensible.

    In many instances, the only factor that keeps a property from selling is the cost. Even if the property market looks promising, be realistic about your reserve price and ensure it is in line with your property’s assessed value and the market’s current state.

  • Brett Halvorson & Associates 5:00 am on July 27, 2015 Permalink | Reply
    Tags: , guide, , ,   

    Commercial Properties for Lease: A Guide to Property Improvements 

    Tenants, on the other hand, have a duty to manage the rest of the remodels or repairs. You can also require tenants to inform you, within a certain timeframe, about any damages they spot in the building or whenever they wish to undertake any renovation works. The important thing is to make sure the rights and responsibilities of every party involved are outlined in the lease agreement.

    Commercial properties for lease can be lucrative additions to your existing stable of assets. You may find out before long, however, that keeping such a property profitable may prove taxing in terms of both your time and resources. Fortunately, you can trust a property specialist such as Brett Halvorson & Associates to oversee day-to-day property management tasks and manage tenant relationships on your behalf.

  • Brett Halvorson & Associates 5:00 am on July 26, 2015 Permalink | Reply
    Tags: business, , , ,   

    Perth Property Investment Tips: Things Your Business Plan Should Cover 

    The importance of proper and continuous business planning in terms of growth and risk management cannot be emphasised enough. A thorough business plan gives the company direction right from the start, and it must be regularly reviewed and updated to make sure you’re still aligned with your goals and strategies. Effective planning may take a lot of research and resources, but it will be instrumental to the success of your business.

    Along the way, you need to consider various aspects such as the company’s legal structure, organisation, and daily operations management. One of the most vital parts of your business plan is your choice of premises. You need to make a smart property investment decision, therefore, since it affects business liquidity in several ways.

  • Brett Halvorson & Associates 5:00 am on July 25, 2015 Permalink | Reply
    Tags: , , , screening, tenant   

    Commercial Property Management: Tenant Screening Tips to Remember 

    Part of the screening process is to inform tenants of the terms and conditions of the lease. You need to make sure they understand and agree with everything on the contract. In some cases, you may need to discuss any negotiable contract terms. If this part is carried out well, you can avoid misunderstandings or problems in the future.

    If you don’t have the industry background or skills required to carry out tenant screening and overall commercial property management, you should turn to a property specialist in Perth like Brett Halvorson & Associates. Such a firm can take care of property management duties like marketing, tenant screening, and rent collection to ensure your peace of mind, especially when you can’t always be physically present to look after your asset(s).

  • Brett Halvorson & Associates 5:01 am on July 24, 2015 Permalink | Reply
    Tags: , , , responsibilities, rights   

    The Rights and Responsibilities of a Commercial Real Estate Landlord 

    If you own a property in Perth and plan to rent it out to any local business, there are a number of factors you need to understand before you can do so. As a real commercial landlord, you need to identify and fulfil certain responsibilities if you want to ensure efficient and profitable operations.

    You do not have to let all these commercial property responsibilities become a burden to you. Property management services provided by Perth commercial real estate professionals like Brett Halvorson & Associates can help make managing your investment a more pleasant experience. You can then give your investment strategies your undivided attention.

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