Buying and managing a commercial property is much different than a residential property. That doesn’t mean it is better or worse… just different. As in any business, it is often best do develop a specialized knowledge in your area. Examples of commercial buildings include:
- office/professional buildings
- retail/consumer stores, strips and malls
- industrial buildings and complexes
If you like the idea of dealing with businesses instead of housing residents, then commercial investment property may be the way to go!
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