Based on traditional wisdom, investing in nonresidential properties across the United States, including in Los Angeles, is generally a good idea. Still, does this remain true for 2019 -- specifically when it comes to investing in properties featuring commercial leases? Industry experts say that yes, commercial real estate investing is worthwhile this year for multiple reasons.
Artificial intelligence, or AI, is infiltrating nearly all sectors of today's economy in Los Angeles and elsewhere. Therefore, naturally, the market for properties featuring commercial leases may soon experience an AI-driven revolution. Why exactly? Because AI has the potential to make the real estate industry operate more efficiently and profitably and become more service oriented.
According to industry experts, the year of 2018 was a great one for the market of non-residential properties. This year should be another great one, too. Therefore, those who are interested in purchasing properties in Los Angeles and elsewhere featuring commercial leases may have a lot to look forward to in the months ahead.
Research shows that December was the hardest month for the United States stock market in the past 10 years. Naturally, many consumers and investors may be wondering how the economy around the globe will fare in 2019. Investors in Los Angeles might also wonder how the market's current situation will impact deals involving properties featuring commercial leases.
Buying or selling either commercial or residential property is a complex process, especially in the Los Angeles area. There are many factors to consider when preparing to move forward with this important decision, including how you can minimize your financial risks and reduce the chance of complications. It may be beneficial to look at expectations for real estate trends in the LA-metro area and throughout California for 2019.
In the property investing field in Los Angeles and elsewhere, there are plenty of myths and misunderstandings. This is particularly true, considering that the industry has many technology startups poised to drive changes in the industry. Here is a look at a couple of notable myths related to transactions involving buildings featuring commercial leases.