Reading | Berks County | PA | Commercial Real Estate Investing

I was talking to an investor today that said he only invests in residential real estate, because that is what he knows. He explained that he can walk into a property and figure out whether or not someone would want to rent an apartment or home that he might purchase. I think it makes complete sense to invest in what you understand, but I find it hard to believe that this investor doesn't understand any type of commercial real estate. For example, he has worked in an office for several years. It seems to me that he should be able to make judgments about office space similar to the ones he makes regarding homes. He probably also has a good idea about what might be a good space for a restaurant or what location might be convenient to build self storage space.

Several of the investors that I know and have worked with over the years seem to have similar attitudes. This is one of the factors that has created fantastic opportunites to invest in commercial real estate. For example, here in downtown Reading, PA there are several small office building for sale, and not a lot of investors that purchase small office buildings. This dislocation of supply and demand for office buildings creates fantastic prices for the savy investors that are investing in office space in downtown Reading.

If you are interested in purchasing an office property in downtown Reading, PA or if your interested in exploring other types of commercial real estate investing, give me a call today.