Share your best practices with Real Estate Investing!

[Donna Tuite]

What are the pros and Cons of buying Residential and Commercial Properties in Georgia? Can you share your views on this?

[Charles Perkins]

Without more information, I wouldn't give much more than general advice which includes pros and cons.

Risk, potential rewards, and skills make a difference.  An experienced RE investor has a better understanding of what is a sound property, market trends, and how much should be invested to reach your overall goals.

I'm not in Georgia, so I can't offer a state specific set of pros and cons.  As a residential RE investor, I know the risks, have come to know a sound property and have clear investment goals that guide my decisions.  For me residential is less risky than commercial, commercial has longer term tenants in general which is a pro until the tenant moves out.  Commercial property can take a considerably longer to fill a vacancy.  

In the long run though your risk is high initially in either case until you come to understand your market, your goals and what you are doing.  Location is important to both, a well built property in the wrong location can be a big loser.  A teardown in a great location might be a real winner.  Knowledge, experience, clear goals, financing combined with location leads to success.

Good luck.

[George Gwynn]

Like Charles mentioned, there are plenty of things (pros/cons) that go into investing in real estate. The biggest pro being making a lot of money, but there are a ton of things to consider.

[Jonathan Greene]

This question makes no sense. It doesn't show you are trying to get real information. This is like asking in an air travel forum, how do you fly a plane? Be more specific.