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10 Tips For Investing In Commercial Real Estate | Add Comment

    • Tip #10 3/1/2010
    While I think all 10 of your tips are important to commercial real estate investors, Tip #10 (Know Where to Get Tough Questions Answered) really struck a chord with me. And specifically when you stated, "Know who you can ask to get fast answers when you need them, and make them your new best friends." While many of your readers may think it unusual, I think commercial real estate investors should make friends with their local real estate assessor. You'll pay real estate taxes every year you own your investment property. The local assessor can be informative about how assessments, abatements, exemptions, and taxes work, and what to do if they don't. The assessor can also tell you about where he or she sees tax rates going in relation to public service needs in the community.

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