Purchasing an office building in NJ - steps to conduct effective research?

[Ivan Bovkun]

Hello All,

I am new to commercial RE investing and would like to ask for a piece of advice regarding how to perform an initial marketing research toward purchasing an office building in a different state (I am in NY and the property is in Northern NJ). I have already checked Property Shark and LoopNet and did obtained some information but it is not sufficient to make a conclusion whether the subject is worth investing. I would appreciate any practical steps (course of action to get the property records, financial and statistical data, allowable vacancy ratio in the area, etc. ) that I should take.

Thanks in advance.

IB