Kathleen Yonce started her career in the real estate industry in 1993
working for the Aura Group, a privately held firm in Boca Raton which
was involved in property development and management. While working for
the Aura Group, Kathleen Yonce managed over 280,000 square feet of
commercial space, including office and industrial properties. If you are
looking to invest in real estate, here are a couple of reasons why you
might want to invest in commercial property.
Income
The primary reason people invest in commercial real estate is because of its earning potential. The annual return of commercial properties is between the range of six percent and twelve percent depending on the area where the property is located. This is much better than the average rate of one percent to four percent for single family home properties.
Professional Relationships
Commercial property owners are not individuals but Limited Liability Companies (LLCs) who operate the properties as a business. Owners of commercial properties and the tenants who rent the property have a business-to-business type of customer relationship which keeps the interactions courteous and professional.
Objective Price Evaluation
Evaluating the price of commercial properties is often easier as you can determine the price of the property based on the current owner’s income statement. On the other hand, residential properties are subject to emotional pricing.
Kathleen Yonce is a seasoned real estate development executive with Director and Division Management level experience.
Source: http://www.nolo.com/legal-encyclopedia/pros-cons-investing-commercial-real-estate.html
Income
The primary reason people invest in commercial real estate is because of its earning potential. The annual return of commercial properties is between the range of six percent and twelve percent depending on the area where the property is located. This is much better than the average rate of one percent to four percent for single family home properties.
Professional Relationships
Commercial property owners are not individuals but Limited Liability Companies (LLCs) who operate the properties as a business. Owners of commercial properties and the tenants who rent the property have a business-to-business type of customer relationship which keeps the interactions courteous and professional.
Objective Price Evaluation
Evaluating the price of commercial properties is often easier as you can determine the price of the property based on the current owner’s income statement. On the other hand, residential properties are subject to emotional pricing.
Kathleen Yonce is a seasoned real estate development executive with Director and Division Management level experience.
Source: http://www.nolo.com/legal-encyclopedia/pros-cons-investing-commercial-real-estate.html
