Thursday 3 November 2016

Where to invest in Residential or Commercial

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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