Commercial Property
Benefit
- Leases are for a longer period, so there is periodic payment is done
- On Lease, maintains is done by tenant
- Bank guarantees is more safe and secure
Drawback
- Getting tenant for commercial property is not easy
- Getting Loans on commercial property is not as easy as Residential Property
- On Commercial property Electricity rate is expensive that residential
Residential Property
Benefits
- Easy to find tenant for the property
- Rentals can be increase with an 11 month agreement
- Easily find Buyers for Residential Property
Drawback
- Owner is responsible for Property Maintenance
- Rental is very low as commercial Property
- Shorter Lease time duration
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