Yes, you can do both commercial and residential real estate. The two markets are very different but can be done together. Commercial real estate refers to buildings and land used for business purposes such as office buildings, retail stores, warehouses, and industrial buildings. Residential real estate refers to homes and other dwellings used as residences.
In commercial real estate, investors typically purchase properties that are leased to tenants. This can be a great source of passive income as the tenants pay the rent and the investor receives the profits. Commercial real estate investments can be more lucrative than residential, but they also require more capital and are much more complex and long-term investments.
In residential real estate, investors typically purchase properties directly from homeowners or builders, and then rent them out to tenants. Residential real estate can provide a steady income stream and can be more accessible for beginning investors as there is less upfront capital required. However, the return on investment can be lower than commercial real estate, as it depends on the local rental market.
Overall, both commercial and residential real estate can be done together. Investors need to analyze their goals and resources to determine which market is the best fit for them. Commercial real estate can be more lucrative but requires more capital and knowledge. Residential real estate is more accessible but can provide lower returns. Ultimately, both can be done together, depending on the resources and goals of the investor.