Friday 7 June 2013

An Evolution of a Property Investor

After buying and selling residential units for a while, I realised that I should naturally evolve towards investing in commercial units. Residential tenants tend to disturb landlords very often. A leaky tap, broken boiler, no ironing board. All these costs add up.

Commercial tenants put in money to renovate the shops / offices and will tend to try harder to make it work. For the landlord, it's hassle free.

I suppose after investing in a few commercial units, I'll venture into property development, purchase of entire office plates, and eventually buying and selling commercial buildings, eventually offloading them into REITs. This is the evolution of a real estate investor.

The profits can be astronomical.