For some time you have been observing commercial real estate transactions, and you already own one or more buildings. Alternatively, let yourself be tempted by a residential building that can help you finance your retirement. Before you get started, do you know all the responsibilities, as well as the advantages and disadvantages of these types of investments? Whether you want to operate in residential or commercial real estate, the relevance of investing is undeniable.
So what to choose: invest in residential or commercial real estate?
Commercial Real Estate
Investing in the real estate sector has its pros and cons. Benefits first!
The property could very well gain in value, and since you are responsible for the management of the rents, it is also you who reap! Also, there are costs associated with your loan and the depreciation of the building may be tax deductible.