Residential vs. Commercial Investments
You’ve made some money and now are looking to invest in real estate. Your close friend owns multi-family residential property, while your colleague purchased a commercial property a few years ago. Which one is right for you?
There are several differenced when deciding wether to invest in residential or commercial properties. Here are the advantages and disadvantages of both:
Residential Investments
- More stable
- Easier to rent
- Less risky
- Slightly lower return
Commercial Investments
- Potentially more lucrative
- Slightly riskier
- Can be more difficult and time consuming to replace a commercial tenant
- May have to contribute to buildout of the space
To learn more information about real estate investments or to find a property in the tai-state area, please contact us at garayrealestate@gmail.com
We would be happy to assist you with any type of purchase.