Hopefully one day I'll invest in something, but I'm not sure if commercial property is a good idea? Any ideas?
2007-06-20 14:41:11 · 3 answers · asked by Anonymous in Politics & Government ➔ Elections
real estate rarely depreciates in value, it can appreciate nicely throwing off capital gains when you sell the property or generate a steady stream of cash flow if you hold the property for income generation.
be warned though, owning propery comes with obligations.
2007-06-20 14:45:53 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Properties usually rise in value and investors often benefit from commercial properties.
2007-06-21 00:40:55 · answer #2 · answered by FRAGINAL, JTM 7 · 0⤊ 0⤋
If you can get a good business in your building it will pay for itself and you will have a crunch of change when the lease runs out, if you decide to sell the property
2007-06-20 21:51:23 · answer #3 · answered by G O 5 · 0⤊ 0⤋