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Congrats!
You have taken your very first step in real estate investing, which is researching and understand the terminology.
Understanding the different types of real estate investments means that you would be able to make the right decision when it comes to your budget and lifestyle.
Below are the different types of real estate investments, that you may find interesting:
Table of Contents
Residential
Residential structures are properties such as houses, apartment buildings, townhouses, and vacation rentals where a person or family pays you to live in the property. The length of their stay is based upon the rental agreement, or the agreement they sign with the property owner, known as the lease agreement.
Commercial
The commercial property consists mostly of office buildings.
When it comes to companies or business owners, they tend to lease the property for a few years, which can protect both tenant and landlord when it comes to rental rates.
Industrial
Industrial real estate can consist of everything from warehouses, vacant land, or tenants who temporarily use the property for storage. Leasing an industrial property can bring in huge profits with little to no maintenance of the property from the property owner.
Retail
Retail properties consist of shopping malls, strip malls, and other retail storefronts. In some cases, the landlord also receives a percentage of sales generated by the tenants store in addition to a base rent to incentivize them to keep the property in top-notch condition.
Mixed-Use
Mixed-use properties are those that combine any of the above categories into a single project.
Mixed-use real estate investments are accessible for those with significant assets because they have a degree of built-in diversification, which is essential for controlling risk.
If you are interested in real estate investing in The Bahamas, you can email or give me a call.