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Is a commercial property investment more difficult to manage than a residential one?

The key to successful commercial property investment is to find good commercial tenants who can provide you with a reliable, steady source of income.  Businesses that are run well, with governance and good financial management, are more likely to be stable and rent your premises for longer periods.  Good commercial tenants move less often than residential tenants, as their livelihood is tied to the location.

Investing in commercial property doesn’t have to be more time-consuming than investing in residential property. A good commercial real estate agent or property manager, like the commercial property team at your local First National Real Estate office, can take care of most of the day-to-day issues experienced by commercial tenants, and help you grow your commercial investment.
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