lot of new investors have business tenants.
tried to first invest in
other types of commercial If you're a new investor with
properties such as office little or no cash to invest, you
buildings or shopping centers; MUST first start out with
only to realize that the apartment buildings. Once you own
transition is just too drastic at least 2 properties with at
and it ends up costing them the least 50 units in each property
property, all their money leaving (which should be more then enough
them deep in debt, destroying to pay you over $10,000 a month
their credit and it takes years in net passive income cash flow)
for them to recover. you can then branch out to other
areas of commercial real estate.
Apartment buildings are
tremendously easier to purchase, After you own a few apartment
maintain & put on auto-pilot buildings and have those
simply because most of us already properties generating you enough
understand how to rent an monthly cash flow; THEN you can
apartment and tenants are almost absorb any vacancies that might
always readily available. come from not being able to rent
out space in your office
The buying process for other building, warehouse or shopping
commercial properties (like center.
shopping centers or office
buildings) is not much different Apartments are where just about
however the financing is much all successful commercial real
more difficult to obtain and estate investors started out, so
leasing usually requires a team why try and fight the odds.
of very experienced individuals Apartments are the fastest,
to negotiate contracts with easiest and safest way to create
monthly income and massive
profits. Most investors who first try to
jump to other commercial
While it is technically possible properties before they own a
to have your first deal be a couple of apartment buildings,
warehouse, shopping center or inevitably fail and quit this
office building... the statistics business never to return...
show that it almost never
happens.
About the Author:
Anthony Minnuto is the only person in the country teaching real estate investors how to buy apartment buildings with no money at all and create a steady stream of passive income each and ever month for the rest of your life. www.passiveincomerealestate.com
Read more articles by:
Anthony Minnuto
Article Source: www.iSnare.com