What commercial real estate asset class would you invest in today?

 Greg.....that's a good question and my first response is:  It depends on where you live? Some areas will be hard hit by the lack of manufacturing and industrial activity - like Michigan.   In most markets,  I would prefer industrial or multi-family apartments.  The industrial market has never been too flashy but it's the category that I feel has less risk and is most stable.  You don't have high maintenance or periodic rehabs.   I also like the multi-family apartment bldg.s that are not too large and are manageable. (6-24 units) But you will need to build in a strong budget to keep them up and refresh them periodically - in your cost analysis. I hope this helps and let me know if I can be of further assistance.

 David Baker  

Hi Dave,

thank you.  i appreciate the quick feed back.  i live in florida.  i'm looking for investments.  i'm semi retired and want to build rental income for full retirement.  what are your thoughts on florida?

 Hello Greg......I grew up in Florida and am familiar with Central, South, and the West Coast of Florida. I still have family in Florida and go back there to visit.  It's hard to comment in "general terms" with your question but I do feel Florida is a good opportunity for commercial Real Estate - depending on the individual parcel and local area environment.  As a general rule, the coastal areas will be a safer risk and should generate the highest rental rates for your retirement income.   The key right now is to buy at the right price and evaluate the upside for equity as well as paying off your mortgage balance.  I am not one of these guys that advocates high leverage for everything - no debt is always better!  Good luck.....