what's the difference between commercial real estate and residential?
79081
Commercial real estate is used for business and residential is used for living in.
30249
Both answers are true, real estate is a growing market, and the first sale is the hardest, but after that, it is smooth sailing.\nP.S. I've always wondered, 'Real Estate,' as apposed to 'Imaginary Estate?' let me know someone, poptartisme3@yahoo.com
297670
a single proprietoship is a business owned by one person.\na partnership is a business owned by more than one person.
1008192
Get a commercial real estate agent.  They can help you find a location, and the seller pays their fee.
543243
If you are planning to go into real estate, I suggest you become a broker because a broker is top dog of the real estate food chain. \n\nHowever, there are a lot of jobs with numerous titles. For example: loan originator, loan processor, Agent assistant, etc. \n\nBasically real estate is broken up into 2 parts, property and financing. Each part has numerous titles and responsibilities. What exactly do you want to do?\n\nRegards...
750033
Having a degree - no.  Having the knowledge - for sure!\n\nReal estate is a business.  Whatever skills you have as far as "running a business" better than the 99% of Realtors who think it's a cool job without a boss and you can take off anytime you like.... get the picture?
715697
First,Check with your City Zoning department to see if it is zoned for Commercial use. If so, look for comparable commercial property sales near your area.\nBest person to talk to about this, is an experienced  commercial Realtor. If you don't know one,you can ask for a referral through the "Board of Realtors" in your County,  \n\nLearner
451183
A condo is great if you are a busy and do not have time for maintaining a home. You are buying Air Space. There are common areas and monthly Home Owner Association Dues. Usually your water,garbage, and sewer are included. The Association usually takes care of building insurance you only need renters insurance. It might even have a pool or tennis courts and a club house. Town homes are a little different you have your own entrance and usually there is still a HOA but it is yours. Some include snow removal and lawn care and landscaping. If you want your own back yard then you want a home.  But you do everything your self. There are Patio or Coach homes that are single family but maintenance free meaning they do all the snow and lawn. Same but different.
156350
It depends on what type of real estate you go into.  Most people work in small offices selling residential real estate others sell new homes.  Some do property management, then the big dogs do land acquisition for investment firms and developers.  The first two types (resale, new homes) are all marketing, sales and handling escrows (paperwork).  Property managers market their rentals then manage the accounts, making sure rent is paid on time and that the properties are maintained in good condition.  Then you have the acquisition people, their jobs involve a lot of research, finding the right land and making sure all plans are feasible and profitable.  \nI hope I have answered your question.
6132
I see no difference between a property tax, use tax, sales tax or income tax as far as the government's power to levy.  However, you should consider that most taxable property has the ability to generate income.  When real property produces a continuous benefit to the owner (as opposed to a cheeseburger eaten and digested), I think it's fair to tax that benefit.
752919
What are you asking exactly? Try and use spell check.  Are you looking at becoming a developer? Do you want to sell this type of property?  You need a real estate license to start. Then you need to work with a commercial broker. But if you are looking on buying property and developing it as well as building it. All you need is Money not Love. You will need to be an architect but you can hire those and a building contractor. You need to develop a liaison with the county and the city. You need to have a piece of land commercially zoned for that usage. You need to have a plan to develop it before you buy the land and it has to be approved by the city and county.
396315
It depends where you are. Location is everything in real estate and retail. If you need estimates for your local area, contact your regional building authority or your local chamber of commerce, who can guide you to the proper source.
262684
A general contractor builds homes and commercial properties, etc. A Residential contractor builds homes only.
797082
The Uniform Commercial Code seems to regulate commercial loans with collateral (i.e. business loans).  Personal and real property loans (plain common law contracts) are governed by the state, as they are individual loans.\n\nGood Luck
337885
Coop's are real property, Condo's are real estate.\n\nThe above is the biggest difference in the properties, and thus affects the rest...\n\nAs far as the differences for common charges, you will actually find them to be relatively similar in buildings that offer the same level of services, condo's or coops.  Coop common charges include the taxes, while condos are broken down separately into common charges and taxes.\n\nTo make this as easy as possible, a condo is a better purchase because of your rights of ownership typically.  This is why you see condo prices in NYC 10-20% higher for the same unit as a condo compared to a coop.\n\nIf you buy a condo, you own that condo (real estate).  If you buy a coop, you own... the building, (shares are issued as part of the corporation controling the building, these shares represent your assignment of a space... that is owned by the coop corporation.)\n\nNow, let's take another step... if your neighbor in a condo does not pay his taxes or condo common area fees... who's liable.  He is... Real estate.\n\nIn a coop, if your neighbor does not pay, or cannot afford to pay their maintenance fees... the corporation and you to your share percentage are liable for their bills... real property. (because of this, coops are a little more sensitive as to who they will and won't let into their buildings.)\n\nBanks see a difference too.  Because they cannot account for what your neighbors will and won't pay in a coop, they typically will lend to a lower ltv in a coop over a condo...
807027
buildings used for business or manufacturer as opposed to residential buildings which is where people live
293819
Obviously a condo or townhouse is easier to maintain, that's why you pay association fees, so the maintanance is done for you. \n\nWhether which is better to invest in depends on the location. In large residential areas, usually a house has more appreciation value.