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Monday, December 10, 2012
Basic Differences Between Residential And Commercial Real Estate Investment
As is known to all, residential real estate is a building made for people to live in including houses, bungalows, flats, apartments and condominiums. It is solely for private, domestic or residential purposes. On the other hand, commercial real estate is a building intended to make a profit from capital gain or rent revenue instances, office buildings, restaurants, hotels, motels, shopping malls, factories or retail stores. In short, you live in residential property while working in commercial property. Listed below are several factors used to differentiate between residential and commercial real estate investment.
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