What are the advantages of commercial vs. residential investing?

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What are the advantages of commercial vs. residential investing?

Join Lawrence Mak and Cameron Forbes as we discuss the advantages of commercial investing over residential investing.

0:00 Introduction
Lawrence Mak, Broker | RE/MAX Realtron Realty Inc.
Cameron Forbes, MBA, CPA, Broker, General Manager | RE/Max Realtron Realty Inc.
0:40 What’s the Difference between Commercial and Residential properties?
0:52 “Residential” is where you are going to live
0:57 “Commercial” is for commercial enterprise
1:12 There is some intersection, for instance, with apartment buildings and leasing
1:34 Residential is typically based on comparables or “comps”
1:44 Commercial uses more of an income-approach to valuation
2:00 Is it better to invest in Residential or Commercial?
2:15 Firstly, we recommend having a residential home
2:25 And it’s tax free!
2:45 Most common is starting with a condo or a bungalow
3:05 A business might consider buying or leasing for their business
3:25 What’s the difference between the types of tenants?
3:35 Governmed by the Residential Tenancies Act
4:20 Commercial is just a legal relationship
4:27 Anything can go!
4:36 Much more complicated, should definitely use an expert
5:02 Call me at (416) 276-4895

Website: www.LawrenceMak.com