WHAT YOU NEED TO KNOW ABOUT COMMERCIAL REAL ESTATE.
Commercial real estate is many things. It’s office buildings, apartment complexes, shopping centres, warehouses, industrial parks, hotels, motels, resorts, and the list goes on and on. It’s where businesses are conducted and where many people live together.
Commercial real estate is everywhere. Commercial real estate is also a means of building long-lasting wealth for the investor. To us, long-lasting wealth is an investment that pays you every month. It’s also one in which the value increases every year. Compare this to other types of investments that may allow you to draw a monthly payment, but the balance goes down year by year until the pot’s empty. Sound familiar? That’s not true wealth at all.
In this blog post, we will show you how commercial real estate has the ability to generate sizable cash flow every month as well as increase in value every year (and to be tax free!). We challenge anyone to find a better way out of the rat race than to invest in commercial real estate. Commercial real estate can afford you a wonderful and fulfilling professional career that’s second to none. And besides being enjoyable, commercial real estate investors are among the highest paid professionals in the nation. In fact, it isn’t uncommon for a commercial investor’s check from just one closing to equal one year’s salary of an engineer.
WHAT TO THINK ABOUT AS YOU GET STARTED WHEN CHOOSING TO MAKE AN INVESTMENT IN ANYTHING.
You have to take several things into consideration, right? Why am I doing this? How much does it cost? Am I doing this at the right time? Well, the same applies for commercial real estate. In fact, you may find that you have too many choices simply because there are so many different ways to profit in this field.
The following sections go over some of the most common questions you may have when deciding which part of commercial real estate is right for you.
CAN I MAKE MONEY AT COMMERCIAL REAL ESTATE INVESTING?
This is one question that we have a definitive answer for:
Yes! If we at Purple can make money investing in commercial real estate for three reasons: Then you certainly can too.
If you look at the most successful investors out there, you’ll find that they all have a pattern in common: They’ve typically started out by investing in homes, running a business, or working in a fairly well-paying profession. The next step is to begin investing in smaller commercial properties such as apartment buildings. At some point the successful investors all move up to either big commercial deals or land development.
Find out more about investing in commercial Real Estate in our next post.