How To Own An Apartment Building: Owning vs. Owning And Operating
If you’re interested in buying commercial property to rent out, you’ll need to decide how involved you want to be with your properties. Your level of involvement with your property is truly a personal decision that will depend on your skills, experience, time availability and interest. If you’d rather hire someone to handle the operating and managing of your property, you’ll have more time to focus on other matters. But if you’d rather be more hands-on, operating your multifamily rental property yourself does come with advantages.