I’m kind of piggybacking off this thread that asks if real estate is better than stock investing but no one really addressed commercial: http://reddit.com/r/investing/comments/9894p3/is_physical_real_estate_investing_really_that/
I’m looking at potentially buying or renting a commercial property somewhere in the $1-2 million dollar range and it might have another tenant in the building. Think long standing furniture store on the bottom and my small business on the top.
After reading most of the thread above, everyone was arguing about HOS fees, property upkeep, closing costs, taxes, etc etc. I can only imagine the headaches that come with renting to college kids, multi families, etc but when I think of renting a commercial space, it doesn’t seem that risky and that big of a headache.
Every job I’ve worked at, the commercial landlord only really took care of the external building and landscaping, and parking. In many cases, with NNN triple net leases, the companies leasing the property would spend their own money redesigning and outfitting the internal space. The commercial property owner never had to do any major renovations because the renter would do that (excluding the shell of the building).
Anyways, does anyone have an opinion on buying commercial real estate vs residential? As a young investor, I still favor the stock market but this will be my first time venturing into buying or renting a commercial space.
Submitted August 18, 2018 at 09:51AM by phaskellhall https://ift.tt/2ByQP5V
