Start Small in Commercial Properties

Commercial properties include stores, strip malls, shopping malls, offices, recreational buildings, or others. Each type is served by a group of specialty lenders you can work with. Let’s see how you can get rich in commercial types of property using unique lenders.

Know the Range of Commercial Properties

To give you an idea of the range of commercial properties you can own, and earn money from, here’s a quick summary of a number of types:

•Amusement and recreation - such as bowling alleys, indoor and outdoor tennis courts, billiard rooms, dance halls, theatres, or other recreations.

•Churches and other religious structures - such as synagogues, mosques, temples, cathedrals, or other religious structures.

•Schools and other educational structures. Private schools offer good potential earnings for you in many areas of the country today.

•Hospitals and nursing homes. Private hospitals and nursing homes offer substantial income chances for real estate investors. Ownership is best for people who are health professionals.

•Hotels and motels. Room rental income is your main source of revenue in these properties. Restaurant and lounge income can also be significant in larger hotels and motels. Likewise, casino income can exceed room and restaurant income where such establishments are permitted by local law.

•Parking garages. Such structures are confined mostly to large cities where safe and adequate parking are scarce.

•Private and professional offices. These can be highly profitable for you when you own and rent to professionals. Why? Because your tenants are reliable and need their space for income. So they pay their rent on time and in full every month!

•Public and administrative buildings. For real estate investors, these include post offices and similar small buildings. Rental is the big income source from such buildings.

•Service stations. Gas stations are the most common example of combined income (fuel sales and repair of vehicles) and ownership for real estate investors.

•Stores, shopping malls, and other retail buildings. Investors often start with one store as part of a residential property and expand from there as they acquire a liking for the business.

•Utilities buildings. Such buildings are for experienced real estate investors - Experienced Real Estate Wealth Builders - with years of real estate experience. Examples of these buildings are electric and gas power company facilities.

•Other nonresidential buildings. Any other type of nonresidential property comes under this category. What you do with it depends on the type of property and the function it fulfills. Hence, what you can do with it varies widely with your interests and skills!

So start thinking what you could do with one of these properties to build your wealth in real estate today! I will help you every step of the way. Just be sure to pick a property type you like!

Now we’ll look at a few specific commercial properties to see how you could finance, own, and profit from them. We’ll start with an amusement and recreational property.