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Updated over 5 years ago on . Most recent reply
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Multi-family versus business tenants
I focus on multifamily property because I am worried about vacancy with business tenants on commercial.
Any thoughts and experiences welcome!
Most Popular Reply
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If location and area is strong then plenty of business tenant demand to refill the space.
I personally love commercial retail and dealing with business owners. They tend to keep the space clean for the consumers and you usually have landlord friendly tenant laws.
I have been down the multifamily route before and it is a more intensive asset to manage and a lot more BS with residential tenants and all of their excuses.
I didn't like it but I do not like regular residential SFR either. At 44 years of age I don't have time to listen to the BS anymore. I like more passive money with less headaches.
- Joel Owens
- Podcast Guest on Show #47
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