Yes, you can invest in commercial real estate
11/26/2014 | Author: Marty Kramer
When you think of successful commercial real estate investors, do names like Donald Trump and Conrad Hilton come to mind? Maybe you should put your name on that list.
Before you discount commercial real estate as a viable investment option, consider that there are many different types of commercial properties and not every transaction requires you to put millions of dollars into the deal. In fact, a relative of mine got started with small parking lot in a good location, paying less for it than he did for his family’s home. He purchased several adjoining properties over the years, eventually selling the whole thing for a substantial profit.
If a parking lot isn’t available or interesting to you, consider a warehouse, office building, retail center, or a multifamily building.
How to get started? It’s easier than it sounds. There are thousands of Texas REALTORS® who specialize in commercial real estate. If you have any friends or family who invest in commercial real estate, ask them for a recommendation. Or use the Texas REALTOR® search tool on texasrealestate.com.
Who knows? Maybe one day you’ll have a portfolio of high-rise buildings with your name on them.
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The material provided here is for informational purposes only and is not intended and should not be considered as legal advice for your particular matter. You should contact your attorney to obtain advice with respect to any particular issue or problem. Applicability of the legal principles discussed in this material may differ substantially in individual situations.
While the Texas Association of REALTORS® has used reasonable efforts in collecting and preparing materials included here, due to the rapidly changing nature of the real estate marketplace and the law, and our reliance on information provided by outside sources, the Texas Association of REALTORS® makes no representation, warranty, or guarantee of the accuracy or reliability of any information provided here or elsewhere on texasrealestate.com. Any legal or other information found here, on texasrealestate.com, or at other sites to which we link, should be verified before it is relied upon.
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