Am looking into a partnership with parents... possibly a commercial property investment i.e. office & budget $500k including cost, but we are quite green, not really know where to begin, besides the forum.
questions to the forum members are:
1. Is there a minimum floor area we should look into? There are some office space about 40m2 for sale. But who would actually rent such a small office? If i am a one man-operating company, wouldn't i be better off working from home than renting a small office space?
2. Besides the coporate and council fees, are there any other?
3. Like residential, should we follow the same property investment mantra- location, location and location?
opinions from anyone would be appreciated.
thanks in advance.