What You Need To Know About Successful Office Investing

I like office, especially right now, because the market is soft. Your opportunity to get in and get in light has never been better than it is right now, and the office market will absolutely bounce back.

We also like office because the lease form is really not terribly complex and you have the opportunity to pass some of those operating expenses onto the tenant.

It's not a complete and unique build out each and every time. So what you're really focused on, then, is finding the user that wants to operate in that environment.

Some of the cons about investing in it is that they can remain vacant indefinitely, and you don't always deal with the most credit worthy of individuals or companies.

So make sure that you check out the credit worthiness of the tenant before you put them in. And if you're going to be spending money on building out their space, it's even more critical to make sure that you get that personal guarantee.

Cap rates in office are wide right now, so you can create great value simply by compressing that cap rate.