#38
The UK residential property market has been so HOT over the last couple of years that even expats have started to look at commercial property opportunities, given the reduced competition in this sector of the UK property market.
In this fourth episode of the auction season, in which I have challenged myself to buy a property at auction within four months from my home here in Hong Kong, I seek out the expertise offered by Jerry Alexander, the host of The Commercial Property Investor Podcast as I look to buy a mixed-use building in a market town in the midlands.
Jerry outlines the difference between residential and commercial property investing and details how the latter involves taking an commercial space and reconfigures it to satisfy the demands of the local market, thereby increasing its value.
If you’re interested in auctions and / or commercial property, this is a ‘must listen’ episode!
Commercial Property Investor, Podcast host, FlexSpace & Cowork operator.
Helping established residential property investors move into Commercial property investment. Like many other property investors we started off with a few residential investments, carrying out refurbishments and letting the units for cashflow. After a few deals we spotted the advantages of commercial property investment and made our first commercial acquisition 15 years ago.
It still amazes me how opaque the commercial property world is and I am repeatedly asked how do you move from residential investments into commercial. Despite the naysayers we did make the transition from residential to commercial and have built up a portfolio of predominantly Multi let Commercial properties.
Our team have learned a lot and we continue to do so every day as we add more properties to our portfolio. In particular we have focused on investing in multi-let properties that we can re-develop and significantly add value.
My Podcast and social media posts are to help dispel the myths and show how commercial property investment can work for those of us who are not from a commercial or professional property background.
We can help you find and purchase commercial investment opportunities. Get in touch if would like find out how to get started.
If you come across a commercial opportunity that needs to be re-invented why not get in touch and see if we can help.
Here are some great episodes to start with.