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What happens if you can't find tenants for 12+ months? I've seen many commercial properties sit barely occupied for years.
by brandon272 10y ago
What happens if you can't find tenants for 12+ months? I've seen many commercial properties sit barely occupied for years.
- antr 10y agoWorst case scenario, pay the mortgage with my salary.
- brianwawok 10y agoSo that seems a pretty risky investment to me. Only a few percent profit for the risk of eating a giant monthly bill.
- antr 10y ago"Risky" investment for commercial real estate in a tier I area in a European capital? I find any residential property more risky and volatile, at least from a price elasticity point of view. I guess we have different views on how we perceive risk. But that is ok.
- brianwawok 10y agoI am not saying commercial is more risky than residential. I am saying for the low gain, I would not take that kind of risk (i.e. more than near 0)