Commercial real estate refers to income-generating properties utilized for business operations rather than residential purposes. It encompasses a diverse range of property types, including office buildings, retail stores, warehouses, and industrial facilities. Making money in commercial real estate involves strategies like property acquisition, leasing, development, and management.
Investing in commercial real estate offers various advantages. It can provide a stable income stream through rent payments, potential for capital appreciation over time, and tax benefits such as depreciation deductions. Historically, commercial real estate has been a reliable asset class, contributing to portfolio diversification and long-term wealth creation.