Investing in commercial real estate can be a great way to have a nest-egg for retirement or just generate some income outside of work. For some, it can even become a lucrative business all on its own. However, before you jump into real estate investment there at least two main types of investments you really need to understand b speculative investments versus those that are safe.
What is Speculative Investment?
Speculative investment is a type of investment that some make based on predicted trends in the future. For example, you might believe that an area will be on the upswing within 10 years and trends might even show that. Buying a property in that area and holding onto it until the price goes up is speculation. The problem is that trends donb t always hold true, and you could end up losing a lot of money.
Safe Investing
Safe investing is very simple. Acquire a property that you can make a percentage of profit on without a lot of risk. The area is stable b the building is in good shape. This likely yields returns, but not as high.
Contact us at Morris Southeast for more information on Florida commercial real estate investment.
Tags: commercial real estate, commercial real estate in south florida, investing in commercial real estate, South Florida commercial real estate services
