Commercial Vs Residential Real Estate
5 Ways Commercial Real Estate is Different Than Residential
Commercial and residential real estate differ in many ways, which is why it can sometimes be difficult for a residential investor to transition into the commercial arena without professional assistance. These are just some of the ways residential and commercial properties differ:1. Property Occupancy. Residential real estate is a single-family home or building with 4 residential units or less (i. e. duplex, triplex, 4-plex) that has individual(s) or family(ies) as tenants. A commercial property is any property that has commercial businesses as tenants or a multifamily complex with 5 or more units. Both a residential and a commercial property will be zoned accordingly with the county it i...
