It depends on profit margin

来源: 2006-12-15 13:02:05 [旧帖] [给我悄悄话] 本文已被阅读:

If the return is very high, why not hire a local person to manage
the property. I think commercial property will be easy to manage than residential, but commerical rate for 15 year is 11%-11.5% right now. It is very hard to find a deal can make profit on this kind of mortgage rate.

I am looking for the commercial investment opportunities in NC for more than a year already, but I still can't find anything worth to buy yet.