️ 4 types of real estate properties you should consider when investing in real estate.
When looking to invest in real estate, it’s important to consider the type of property before you buy.
1. Office properties. Office properties tend to be located in busy, downtown or suburban industrial parks, they are in high demand.
2. Retail properties. When investing in a retail property, it’s best to look at areas where the economy is growing, and retail sales are high.
3. Industrial properties. These properties require a smaller investment and management commitment and have lower operating costs.
4. Residential properties (multi-family) for the most stable real estate investment, multi-family residential properties are best. This is because no matter how the economy is doing, people still need a place to live.
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