do commerical buildings apprechiate like single family homes or not?

Question

i was trying to see which would be better, renting a commercial building for a business, or using my own money and a low mortgage and keep my payments for equity and each year have it appreciate?

Answer 1

Its all about location...commercial real estate is usually more valuable then single family homes but then again a single family home in California would probably make more money then a commercial property in a slow growth area. It just depends where they are and what they can be used for.

Answer 2

as to appreciation of CM properties: it is all a matter of location, location, location. all real estate decisions should always be based on those 3 magic words and nothing else. gee, the stories i could tell!

say you bought a CM property where converters are building condos. you'd own it and run your business out of it for a while, not too long, just long enough for the next seller's market to hit. i think that will happen beginning in 2008 or 2009. that's the ideal time to put it on the market and expect a good buck primarily from all those derned conco converters and developers out there (who effectually lower the diversity of a neighborhood or even a city by kicking out all the wonderfully interesting renters).

you wouldn't expect a broker to say that, would you? but i do think that way. i think that work is what supports paying your housing bills. so then, if we close out all commercial businesses by conversion, where are people going to live? far from their jobs? how far?

single family, detached, houses with their own yards (the more land the better) in the proper location, location, location are going to appreciate too; however, i think, based on my experience in both parts of this industry, that (depending on location, of course) that CM property in general appreciates at a more steady rate and is not as subject to seller and buyer markets as is residential.

part of your question mystifies me, so kindly clarify it by sending me a question on my email posted here. i do not understand whether you want to solely invest in CM or RS or both, or, do you own a house and wish to rent CM property? or do you want to buy just a CM parcel? i'd appreciate a little more clarification; however, if i've adequately answered, baased on how your question is now worded, i'm glad to have been of assistance to you.