Investing in commercial real estate: what you need to know
Commercial real estate refers to properties used specifically for business or income-generating purposes.It differs from residential real estate because it has the potential to generate profit for the property owner through capital gain or rental income. The four main classes of commercial real estate are office space, industrial, multifamily rentals, and retail. Investing in commercial real estate offers opportunities to diversify your investment portfolio and potentially generate higher returns than residential properties. Here’s an overview of investing in different types of commercial real estate: 1. Retail Properties:Retail properties include shopping centers, malls, standalone stores, and mixed-use developments. When investing in… Continue reading