Choose the kind of Massachusetts commercial real estate property you'd like to purchase

You need to decide how much property you are willing and able to purchase before you start looking. Then, you must try and stick to your decision. It's very easy to be tempted into purchasing a property that's beyond your means, but you need to be realistic. Your tenants will be paying your way, and ideally making you a profit. You need to service their needs effectively so they'll stick around a for long time.

I recommend: BostonOfficeProperties.com specializes in laboratory, warehouse and research and development space.  Check commercial real estate listings in Massachusetts through LoopNet or Bizspace Boston.

Buy a commercial property for sale in Massachusetts that needs a little cosmetic work

Assuming you have the time and the funds, you might want to purchase a piece of property that requires some work. The extent of the repairs will depend on your budget and skill. Remember, you'll only make a profit if the cost of the renovations, plus the cost of the property itself, is less than what you can get back by leasing the place.

I recommend: JP Morgan boasts is a leading provider of 1031 Like-Kind Exchange Services. Combined Properties is a full-service realtor of commercial property in Massachusetts that provides investment and development services in the Northeast.

Buy foreclosed commercial real estate in Massachusetts for a big profit

Choosing foreclosed commercial real estate can be an opportunity to increase your profits. However, this only makes sense if the property is in good shape. Financial institutions who own the foreclosed properties typically sell them below market price so they can liquidate them quickly. Work with commercial real estate brokers in Massachusetts to choose the right property.

I recommend: Finard Properties specializes in New England commercial real estate, including development, management and capitalization. Atlantic Retail Properties is a leader in retail real estate.