Did anyone buy commercial property ( Rental investment ) ? Office spaces ? Medical condos etc etc ? How does this compare to buying a home for investment ? I am mainly concerned about the dallas area but want to hear from y’all about other places as well ?
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FFS people just hit the bell at the top to get notifications and stop being idiots
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In al seriousness though the bell only works for me half the time
Commercial RE is regional. I own 2 in the Midwest (I am part of the ownership group). A strip mall and a mixed use building. The return have been better than residential but only by a bit. You lock in a 10 year lease which is awesome but lease rates rocketed in the last 5 and you’re locked out for several more years. If you choose a booming city in a booming state then you’re set. Giant mortgages and property tax bills always makes me uneasy. But that’s the risk part of the business.
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Dallas is too hot. Look in small towns where you’ve never heard the name of.