Commercial Real Estate
Are you eager to invest in commercial real estate?
Many investors believe that you must first own residential properties, start small and build up to owning commercial properties. You may be shocked to find that you can invest in commercial real estate… NOW.
Invest in your education…. Commercial Real Estate education! There are some excellent ones available. I have attended the Commercial Academy by J. Scott Scheel and highly recommend it.
Commercial Real Estate consists of 5 types of properties:
1. Office
2. Retail
3. Industrial/ Warehouse
4. Multi-family Residential
5. Land/Other
Each property type is very different from the other and require different strategies to evaluate and acquire them. Again, I suggest investing in education.
Taxes (considerations and expenses) will also vary by property type.