Before we weigh the pros and cons between a residential property and a commercial property, let’s define the two real estate terminologies. A residential property is any property that derives all or nearly all of its income from dwelling units. Single-family homes, multi-families, apartment buildings, condos, co-ops are all residential. For commercial property, we’ll use a typical layman’s definition: property ...
Read More »Tag Archives: pros and cons
The Pros and Cons of Selling Your Property This Christmas Season
Christmas may come with its grandeur but is the season really a good time to sell your property? Christmas is a time that comes up often, with mixed opinions. There are both pros and cons to selling your property over the holidays, which are worth considering. Disadvantages of Selling over Christmas One of the obvious disadvantages of selling your property ...
Read More »Pros and cons of real estate investing
Buying an investment property can be an overwhelming yet a dicey decision especially in this part of the world. Any type of property, whether it’s commercial or residential, can be a good investment opportunity. For your money, commercial properties typically offer more financial reward than residential properties, such as rental apartments or single-family homes, but there also can be more ...
Read More »