Читать книгу Commercial Real Estate Investing For Dummies - Peter Harris - Страница 31
Apartment buildings (also known as residential properties)
ОглавлениеThe commercial properties that are in the residential category include everything from small apartment properties (five or more units) to huge apartment building projects that cover several city blocks. You drive by thousands of commercial properties like this every day (or you may even live in one). Every single building you see is owned by a commercial investor who’s in the game to make money. (Now anytime you see a nice apartment building, you won’t be able to stop thinking about getting into commercial real estate investing.) What we find great about investing in apartments is that they’re easy to find, banks love to lend on them, and they’re great cash flow generators.
The advantage of starting off with residential properties is that they’re a great way to jump into the exciting world of commercial real estate investing. We both started off investing in small- to medium-sized multiunit properties. This was a great experience because it allowed us to make the jump to get started. For most people, getting started is the hardest part. However, after you’ve started investing in commercial real estate, you’ll have a difficult time going back to the old grind of the rat race that so many others find themselves trapped in.