Brian Fielding, an expert in the field of commercial real estate, wants to ensure that investors interested in commercial real estate are making expert decisions about their investments. He knows that commercial real estate is a safe investment and a wise choice over residential real estate for a number of reasons. With the New Year approaching and investors looking for investments that will ensure a return and Brian Fielding recommends considering commercial real estate and the following advantages that it offers.
- Set operation hours: Investors who purchase residential real estate to rent may find that their hours will vary depending on the renters. The commitment to the tenant means that they will have to be on the tenants’ schedule, which usually means evening and weekend hours. In contrast, Brian Fielding points out that when you own and operate a commercial property, you will be more likely to have tenants address needs during their office hours, making it easier and more convenient to be aware of and fulfill these needs.
- Higher earnings: Because of a number of factors, such as the higher number of quality retail and commercial tenants, and the fact that commercial real estate tends to be more easily financed, commercial properties generally see a greater annual return than residential properties do. There are of course factors in all kind of real estate that will determine the return on the investment, but Brian Fielding believes that these factors of commercial real estate make it a more promising and a safer investment than residential real estate.
- Easy price evaluation: When purchasing a piece of real estate, another advantage of commercial real estate is revealed. Brian Fielding reveals that this advantage is the easy price evaluation that is associated with commercial real estate. While residential real estate may depend on sentimental factors that will mask the actual value of the property. Commercial real estate however is easily determined by the operating income and a comparison to like properties and their value.