Commercial real estate can be a great long term investment. When looking for a property that you can rent out as apartments, look into properties that have at least ten or more units, in order to maximize your profits. The more units that a property has, the cheaper each individual unit is.
When choosing a property, it is important to look at the locality's tax rate. As
Free Online Rental Appraisal closing costs include a prorated property tax, it increases the funds you need to close the deal. The higher the tax rate the more money you need to close escrow and you will pay more taxes over the years.