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Updated about 10 years ago on . Most recent reply

Commercial vs residential
Hello BP this is kind of a 2 part questions
- 1.I am digging though all the feeds and trying to wrap my head around the whole real estate investing formula. I keep coming to the conclusion that I want to invest into Residential properties singles family, multi family and eventually work myself into apartments. One thing that keeps coming to me in the back of my brain is the question “What about Commercial?” know correct me if I am wrong but itsnt apartment building considered “commercial” Has anyone done actual commercial real estate investing and if so is there a better return on them vs residential?
- 2.I love seeing the idea of 10k a month in cashflow but my mind is thinking BIGGER & BIGGER so is there investors on here that are doing more than that? My plan is for 25k+ in cashflow do you see this possibility? If so more residential or commercial or a mix of both?
Any advice would be great thanks BP community I truly love this site!
Most Popular Reply

When dealing with personal living spaces, distinction between residential and commercial arises from a definition by {I believe} HUD in the U.S.A. and CMHC in Canada that classifies 1-4 family properties as residential (attached or detached). Buildings of 5 units, or more, are classified as commercial.