Understanding Commercial Real Estate in Miami

In this episode of the Better Decisions podcast, I speak with Miguel Solis. Miguel is a sales associate at Douglas Elliman who is an expert in commercial real estate. I decided to sit down with him to demystify the world of commercial real estate.
While many investors look at residential real estate, commercial real estate is often overlooked. However, commercial real estate has its own unique set of advantages and can sometimes provide higher returns than residential real estate.
In this podcast and article, we discuss the different forms of commercial real estate, the risks, the benefits, how to buy commercial real estate, and what product to buy where.
CHAPTERS:
00:00 Introduction
00:50 About Miguel Solis
02:00 Demystifying commercial real estate
04:10 Understanding Commercial Real Estate and its options
05:15 Multi Family Properties
12:40 Office Buildings
15:20 Retail
18:35 Land for Retail
20:25 Commercial and Residential Real Estate follow each other
25:15 How to sell and buy
27:15 Getting a loan
28:20 Timelines
29:30 Risks
32:40 Examples of great commercial real estate
36:40 The Taxes
40:40 Finding the right product and the right place
Related Article to this Podcast:
luxlifemiamiblog.com/the-miam...
More of our Better Decision Podcasts:
luxlifemiamiblog.com/category...
About Miguel Solis:
www.elliman.com/florida/assoc...
For more information on Miami Real Estate:
luxlifemiamiblog.com/
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