Many people are interested to venture into the different types of property investment simply because in this business, the chance of getting good revenues is very high.

1. Top Options in Property
Investment

2. Before talking about the options regarding investment property, it is crucial that
you are aware of your legal personality as owner, and the separate legal personality
of the real estate as a business venture. This means that as much as possible, you
should avoid going into real estate investment in your own personal name and
account.
The reason is simple: If someone brings up a legal suit in connection with the
property business, you can't be held directly liable thereto; otherwise, you might be
confronted with dire financial concern or personal bankruptcy issue.
The most potential alternative is to set up a legal business structure in partnership
with others, which can either be simple partnership, limited partnership or limited
liability partnership. The other option is to put up a corporation along with other
property investors. In either case, any suit regarding the operation of the venture
will be proceeded not directly against you, but instead against the partnership or
corporation as the case may be.
Now, let us move on to the most viable options about investment properties.
1. INDUSTRIAL REAL ESTATE BUSINESS. This option is more on
temporary leasing arrangement of storage spaces, car wash facilities,
promotional booths and exhibit stalls. To increase revenues in industrial
real estate business, you may need to install a number of add-ons. For
example, for car wash servicing, it is recommended that you install an
automated-vacuum-cleaner; this will facilitate the day-to-day car wash
servicing.
2. COMMERCIAL REAL ESTATE BUSINESS. The advantage of this option
is the fact that you can make more office spaces in a building, depending
of course on the building structure. Your potential clients include retail
business owners, law firms and legal clinics, medical clinics, and small
scale companies. In the lease contract, it is vital that you clearly set out
the mode and time of paying rental fee. If possible, make a provision for
the payment of advance rental fee so in the event that a client is unable to
cover a particular month, you are still secured.
3. RETAIL REAL ESTATE BUSINESS. This option is a little complex,
particularly on the mode of collecting revenues. In retail real property
investment, you'd be confronted with a number of clients called "retail
store owners" and each of them may opt for a different mode of payment,
e.g. by giving a percentage of their total sales, by paying a fixed amount of
rental fee, or a combination of both.

3. Of course, you need to maintain the retail premises for your clients'
satisfaction. In a scenario like this, you may want to hire a property
manager to help you oversee the daily operation of your business.
4. RESIDENTIAL REAL ESTATE BUSINESS. In case you want to venture
into this option, you need a buyer's agent. While you have the money to
finance the project, looking for a potential site to develop is another thing;
thus, it is imperative that you hire an agent to help you. Remember,
residential real estate investment has a wide coverage since it includes
not only townhouses but also vacation housing units, apartments,
condominium units, and even subdivision houses.