It might seem obvious but it’s always a good practice to understand the concepts to avoid misunderstandings.
Commercial real estate is a property used exclusively for business-related purposes or to provide a workspace rather than a living space, and it’s used specifically for business or income-generating purposes.
Commercial real estate properties can be defined simply by saying it is conformed by more than 4 units, and/or 10 acres of land or more.
According to the Commercial Market Insights report (April 2022 National Association of REALTORS® Research Group), the Commercial real estate market is poised to continue to recover amid rising interest rates and high inflation.
Commercial real estate can be properties to make money by leasing it out, or holding and reselling it.
This usually requires more sophistication and more significant amounts of capital from investors than in residential real estate.
If you’re interested in investing in commercial real estate, but don’t have the needed capital, contact me to go over the options you might have.
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