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Updated over 5 years ago on . Most recent reply

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68
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Aurelien Bonin
  • Rental Property Investor
  • Ontario, Canada
29
Votes |
68
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Multi-family versus business tenants

Aurelien Bonin
  • Rental Property Investor
  • Ontario, Canada
Posted

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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Joel Owens
  • Real Estate Broker
  • Canton, GA
11,259
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15,176
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Joel Owens
  • Real Estate Broker
  • Canton, GA
ModeratorReplied

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.

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