Business owners make the best commercial property investors
They at least have the makings of great ones.
Why?
Because owning a commercial property investment, done well - is like running a business- albeit one that requires a lighter touch.
A good business owner knows that looking after your tenants is like looking after your customers. Your rent is your income - keeping the cash flow positive is key.
Business owners recognise how to provide solutions to problems - which is essentially what a business offers.
A solution.
So when a challenge is presented in a commercial property, they go straight into solutions mode - they’re active in their pursuit of keeping their property (the business) safe and healthy.
As an example, when a tenancy is coming up for renewal and the tenants won’t be renewing their lease - the business owner won’t rely just on the agent to find a tenant - they’ll actively approach other successful businesses in the area that would benefit from a site like theirs and try poach them over.
Be a solutions provider, be an opportunity seeker.
There’s no such thing as a passive investment in property. Get curious, get involved and reap the rewards.