Types of Real Estate

There are three main types of real estates:

Residential – new constructions and resale houses fall into this category. The most common types are the single-family homes.

Commercial – in this case, we are talking about shopping centers, strip malls, medical and educational properties, hotel, motels, and offices.

Industrial – this group includes manufacturing buildings and warehouses. These types of estates can be used for research, production, storage, and distribution of goods. However, some properties that distribute the products are considered commercial real estate.

Property management

Property management company deals directly with prospects and tenants and in this case, saves your time and worry about marketing your real estate. They handle the rent collection, manage maintenance, repair problems and are responsible for tenant complaints.

Some companies even peruse eviction. So, if you are an owner of several properties and don’t have time to handle everything, then property management is the answer you are looking for.


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