Peter Koulizos – The Property Professor’s Golden nugget: commercial property can be risky and you need to minimize that risk and one way is flexibility. Maybe you have a house on a main road and it was being used by an accountant, maybe it can be converted back to a house. But if you have a purpose-built property, then your only tenant after that is another printer and printing is a decreasing industry. If you’re going to buy commercial property, look at the flexibility of uses.
Cate Bakos – The Property Buyer’s Golden nugget: if you’re contemplating commercial acquisition, think about it like the monopoly board, you need to get a few green houses under your belt before you go for the red hotel.