BRIAN FIELDING SHARES 5 ESSENTIAL TIPS FOR COMMERCIAL REAL ESTATE

SUCCESS

BRIAN FIELDING OF FIELDING INVESTMENTS HAS BEEN IN THE COMMERCIAL REAL ESTATE INDUSTRY FOR OVER 40 YEARS. HOWEVER, THERE ARE SOME TIPS THAT BRIAN FIELDING AND FIELDING INVESTMENTS ARE SHARING THAT ARE LIKELY TO HELP THOSE WITH LITTLE OR EVEN A LOT OF EXPERIENCE IN THE INDUSTRY.

ALWAYS ASK ONESELF WHAT’S AT STAKE TO BE LOST, AND HOW CAN IT BE PROTECTED. MR. FIELDING SUGGESTS THAT NEW INVESTORS ESTABLISH A WORKING RELATIONSHIP WITH BOTH AN ATTORNEY AND AN INSURANCE BROKER WHO DEMONSTRATE SPECIAL COMPETENCE IN COMMERCIAL REAL ESTATE TRANSACTIONS.

 HAVE ADEQUATE PROTECTION.

 MENTORS CAN HELP INVESTORS IN WAYS LIKE POINTING OUT THEIR OWN MISTAKES, RELATING HOW THEY OVERCAME OBSTACLES AND MORE VALUABLE INFORMATION THAT WILL PUT THE INVESTOR AT AN ADVANTAGE.

   LEARN FROM SOMEONE WHO HAS ALREADY BEEN THERE

IT IS NAÏVE TO THINK THAT AN INVESTMENT PROPERTY WILL MAINTAIN ITS GOOD CONDITION OVER AN EXTENDED PERIOD OF TIME. ONE MUST BUDGET FOR REGULAR MAINTENANCE AND FOR REPLACEMENT OF CRITICAL ELEMENTS TO ANY ASSET. PUT ASIDE MONEY SUFFICIENT TO REPLACE ROOFS EVERY 15 -25 YEARS 

KNOW THAT MONEY WILL NEED TO BE SPENT