Types of Commercial Property to Invest In
When investing in commercial real estate, you must consider a range of factors, including things such as the difficulty of owning and managing the property, the options that are available, and what you’re expected return on the investment would be.
Commercial properties have the potential to continue earning for you for years to come, however, you may be wondering which types of properties will work best for you. Let’s look at some of the most common property types to invest in.
Properties that have at least five residential units are considered commercial properties and are worth looking into as an investment. There are plenty of reasons that make apartment buildings a good option to consider, but the core tenet of these is that there will always be a need for housing. Simply put, everyone needs to have a place to live and there is almost always more demand than supply, but as with everything else in real estate, location is key.
Some other factors that make apartment buildings attractive investments include the ability to raise rents in most years, helping to offset increasing costs and/or increase profit. Apartment buildings can also work well as tax shelters, and they …