Steve Palise: Curious About Buying Commercial Property? An Expert's Guide to Help You Get Started

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 choicesIn 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 - Intro02:08 - Steve's Background Story04:34 - Steve's First Commercial Property06:28 - Things to Consider Before Buying A Commercial Property08:09 - The Philosophy & Rationality Behind Steve's Book10:05 - The Two Common Fears When Transitioning to Commercial13:33 - Evaluating the Capital Growth on Commercial Properties15:21 - Commercial Property LVRs17:09 - Judging a Good Tenant Vs Great Tenant18:44 - Determining If a Property is Client-worthy Or Not21:56 - What Exactly is Net Yield?23:05 - The Unseen Costs When Purchasing a Commercial Property26:02 - Conclusions26:36 - OutroAbout 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 to achieve intergenerational wealth.Connect with Aaron:Visit the website: https://atelierwealth.com.au/Follow Aaron on Facebook: https://www.facebook.com/aaronchristiedavidFollow Aaron on LinkedIn: https://www.linkedin.com/in/aaron-christie-david-a7482a21/Subscribe to Atelier Wealth’s YouTube Channel: https://www.youtube.com/channel/UCKdm2ssEHel1kyQLAHGvNPQConnect with Steve:Email Steve at: [email protected] the website: https://www.paliseproperty.com/Follow Steve on Linkedin: https://www.linkedin.com/in/steve-palise/Follow Palise Property on Facebook: 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/aaronchristiedavidFollow Aaron on LinkedIn:  https://www.linkedin.com/in/aaronchristiedavid/Subscribe to Atelier Wealth’s YouTube Channel: https://www.youtube.com/@atelierwealth_au