Commercial real estate, traditionally a reliable haven for small investors, has shown its dark side in the last year.
Real estate values have come down from their peak around 2006 and operating costs have frequently increased as tenants of such properties as apartment buildings, stores and warehouses have moved out or fallen behind on their rent.
But with the market unsettled, opportunities are popping up for small investors with the nerve to take some risk, industry observers said.
You may think that investing in commercial real estate is just for the wealthy. But if you can afford to buy a house, you can afford commercial real estate. A recent cruise through Southern California listings showed a San Bernardino structure previously used for auto repair selling for $149,000, and a duplex in Hollywood for $550,000. Of course, prices …
Read the original article at Latimes
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Tags: Business, buy, house, loans, Real Estate, rent
