REI Tech
A Ginormous Commercial Real Estate Database
Are you a commercial real estate investor or interested in delving into commercial deals?
Wouldn’t it be wonderful to know everything you can about all the commercial buildings in a given area?
Well, before we discuss how to access all the information, let’s discuss the benefits of commercial real estate. Maybe some of you residential investors out there might think about diversifying a bit?
Here are some reasons:
- Income potential. Commercial real estate can provide some great returns on rent. It’s not uncommon for commercial real estate to provide returns of around 10%. Certain commercial real estate, such as storage facilities and assisted living, can return well north of that number.
- Longer lease. Compared to residential leases that generally last a year (on average), commercial real estate leases run longer – sometimes 10-20 years. A good business tenant will generally stay put because it’s such a pain to move. (The downside to this of course is finding tenants when your building…
JP Moses
is a real estate investor in Memphis, TN, with experience ranging from land lording to note buying, rehabbing, and wholesaling. However, wholesaling is the area that he enjoys most and where he bring the most experience and expertise to his students.
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