Steve Palise: Curious About Buying Commercial Property? An Expert's Guide to Help You Get Started
Australian Property Investment Podcast
English - May 22, 2022 22:00 - 27 minutes - 18.8 MBInvesting Business Entrepreneurship Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
A lot of people are interested in commercial properties, but what does it really take to buy a high performing one?
Welcome to the Australian Property Investment Podcast. In each episode, we ask a guest expert to share their key insights for aspiring investors to make confident property choices
In this week's episode, Steve Palise, Owner of Palise Property and author of the book "Commercial Property Explained Simply" shares with us a lot of valuable information regarding commercial property investing.
He talks about what you need to consider before buying a commercial property, the two common fears when transitioning to commercial, how to evaluate the capital growth on commercial properties, and so much more.
If you want to learn how you can get started increasing your wealth and passive income through commercial property investing, then make sure to listen to this episode!
Looking for expert conversations that educate investors like yourself to help you build a quality property portfolio? You’re in the right place. Stay tuned!
Time Stamps:
00:00 - Intro
02:08 - Steve's Background Story
04:34 - Steve's First Commercial Property
06:28 - Things to Consider Before Buying A Commercial Property
08:09 - The Philosophy & Rationality Behind Steve's Book
10:05 - The Two Common Fears When Transitioning to Commercial
13:33 - Evaluating the Capital Growth on Commercial Properties
15:21 - Commercial Property LVRs
17:09 - Judging a Good Tenant Vs Great Tenant
18:44 - Determining If a Property is Client-worthy Or Not
21:56 - What Exactly is Net Yield?
23:05 - The Unseen Costs When Purchasing a Commercial Property
26:02 - Conclusions
26:36 - Outro
About Our Host:
Aaron-Christie David is the founder of Atelier Wealth and a Mortgage & Finance Association of Australia (MFAA) approved Mortgage Broker. Aaron’s focus is clear – supporting property investors make confident decisions to build their property portfolio. He has been recognised in the MPA Top 100 Broker rankings for the last three years.
With over 10 years in financial services experience, with a career spanning Wizard Home Loans and Commonwealth Bank, Aaron's decision to become a broker was to help more Australians fearlessly buy investment properties
About Aaron:
Aaron-Christie David founded Atelier Wealth, a Mortgage & Finance Association of Australia (MFAA) approved Mortgage Broker. Aaron’s focus is clear – supporting property investors to make confident decisions to build their property portfolio. He has been recognised in the MPA Top 100 Broker rankings for the last three years.
With over 10 years of financial services experience, with a career spanning Wizard Home Loans and Commonwealth Bank, Aaron's decision to become a broker was to help more Australians fearlessly buy investment properties to achieve intergenerational wealth.
Connect with Aaron:
Visit the website: https://atelierwealth.com.au/
Follow the Australian Investment Property Podcast’s Official Instagram account: https://www.instagram.com/aupropertyinvestmentpodcast/
Follow Aaron on Facebook:
https://www.facebook.com/aaronchristiedavid
Follow Aaron on LinkedIn:
https://www.linkedin.com/in/aaronchristiedavid/
Subscribe to Atelier Wealth’s YouTube Channel:
https://www.youtube.com/@atelierwealth_au