UK Commercial Property Market Has Become the Best Value for Investment in the World
Category : Property
According to the annual strategy review by global property fund manager La Salle Investment Management, the UK commercial properties market could be a great long-term investment. La Salle has reported that the UK commercial property market has fallen first and hardest therefore now making it one of the most attractive areas in terms of investment.
This is a great bit of news in an otherwise gloomy time for commercial property and should hopefully generate lots of interest amongst real estate investors over the next year. Due to the huge downturn UK commercial properties should offer some extremely appealing return on investments and provide investors with some great value deals in 2009 and 2010.
The commercial property market has been one of the credit crunch’s biggest victims. A previously booming industry has seen huge downturns and is still expected to fall further in value. Previous commercial buildings that once had leasing waiting lists are now standing empty with landlords having to offer all kinds of inducements and incentives in order to entice tenants in.
Dominant high street brands such as Focus and Land of Leather are some of the latest retailers that have had to seek concessions from their landlords as the impact of reduced consumer spending has taken its toll. Landlords and businesses have to remain ever reactive and innovative in order to stay afloat during these hard times. UK commercial property owners do appear to comprehend the downturn and are remaining vigilant and working out two-way deals between themselves and their tenants that are in all parties’ best interests. If you are currently looking for commercial property for lease or for sale within the UK there are some great bargains to be had.
Foreign investors have cottoned on to this and see the UK as an ideal area for long-term commercial property investment. A high percentage of office blocks, retail outlets and other commercial buildings are likely to come under foreign ownership over the next two years where investors will be taking full advantage of the current value declines within the industry. Previously iconic commercial buildings could be sold off at bargain prices to investors willing to wait for the market to right itself before they see returns on their investments.
At least in the UK landlords and letting agents do appear to understand how they need to react and what they need to do in order to ease the situation. This should stand them in good stead throughout 2009 and 2010 when even more commercial proper
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Just got my new camera and wanted to shoot some live footage with it. This is a quick drive through Flint, Michigan and Burton, Michigan having a look at some of the commercial property that has sat vacant for years now.
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How long does the landlord have to fix my rented commercial property?on dec. 12 of 2006 an auto accident damaged the outside of the commercial property that i rent. a portion of the building was damaged that supports my picture window. as of now, it hasn't been repaired. how long does he have to fix this? my window is boarded up and it's been an eyesore. he seems to be slow dragging to me. what are my options?
how did the Assessor come to assess the garage as "commercial". They would have had to have some reason. Did you ever claim the garage as a deduction on your income taxes for business purposes. We need more info from you. The Assessor wouldn't just out of the blue claim a garage as commercial, unless they had a good reason.
The city of Dallas will have a property map showing the zoning for all properties in the city. You can give them a particular address and they will give you the zoning guidelines for that property.
The National Association of REALTORS (NAR) has a website with all the REALTORS and if they have been the subject of any indiscretions. They won't have any public listing of income ranking etc. because that is against privacy laws.
i would go with a conventional loan only because you don`t know what the market will be like in 2-5 years
First things first.
You are already paying all of the interest, so any additional payments would be principal reductions, which offer no tax benefit to you.
Unless you are a real estate licensee, your rental business constitutes passive income, and you are limited to a maximum of $3,000 in deductions against earned income. All passive income sources are aggregated, so you can deduct a maximum of $3,000 per year, regardless the number of different businesses or properties or activities that count as passive income.
Additional losses may be carried back up to three years or forward up to seven years, but are lost forever after that.
Paying down principal is probably not in your best financial interest, as it will lower your rate of return on your investments. See a tax planner or financial planner to find ways to maximize your investment returns on an after-tax basis.
I would recommend that you use the extra money to fund a tax-deferred retirement vehicle, rather than reducing principal. If set-up properly, you can use your retirement account as a business partner for your real estate investing and gain a whole host of tax benefits. Again, see a professional in your area.
Good luck to you!
You can get a loan, but a commercial one, not residential.
Properties on Yahoo are normally take from other places/sites. If you list the property with a brokerage/company it should go onto local the local MLS, sites local real estate sites, REALTOR.com and then will show on other sites like yahoo, msn, homes etc. Sometimes when you list FSBO (for sale by owner) and put it on certain FSBO websites it will also post on Yahoo.