Posts Tagged ‘Commercial’
Residential Investing Vs Commercial Investing
It’s 3 a.m. and your phone rings. It’s not your office telling you about a medical emergency, it’s not your mother telling you that you forgot to call her on her birthday.
No. It’s your tenant just letting you know that the toilet has been overflowing for the last 8 hours and the basement of your “investment property” is flooded.
It’s the first of the month and you stop by your “investment property” to pick up the rent check and lo and behold, there are no tenants. They moved out two weeks ago, “forgot” to pay rent, and left you a nasty mess to clean up. It’s so disgusting that when you open the fridge to clean it out, you almost lose your lunch.
These are just a few of the TRUE stories of investors I have worked with. Investors just like you who wanted to be good stewards with their finances and create wealth for their family.
That wouldn’t happen to you though, because you knew that when you bought that house it would appreciate in value and you would sell it for a profit.
Not in this market, unfortunately.
Choosing Commercial Property Over Residential Property For Your First Investment
People who have finished their mortgage plans or have put it under control almost always look through real estate as a prospective investment. A property is always a good investment because, given enough knowledge and some expertise, you can vouch for success. Properties are solid and are almost always appreciating. So when it comes to putting your hard earned money where it has the potential to grow, property investment almost always comes to mind.
For those who are still new to real estate, the first thing they think about when you say property investment is buying a residential property, a rental property or a flat, which they can make money of. It is quite easy to manage, does not require much expertise in real estate and renting residential properties, demands a pretty low investment, and provides a very good promise of ROI (return of investment) in such a small period of time.