There are many reasons you might first think about investing in commercial real estate. You might notice how popular a new shopping area has become. You might learn how a 1031 like-kind exchange can help you build a legacy of wealth that you can pass to the next generation. Or you might simply become attracted to idea of investing after closing on a couple of homes.
Whatever first gets you thinking about commercial real estate investment, it’s important to understand that buying commercial real estate is significantly different than buying residential real estate. It’s a good deal more complicated, and there are more risks involved. You can mitigate the risks by working with the right people and asking the right questions. Here are four of them.