- Commercial Real Estate: This includes office buildings, retail spaces, and warehouses.
Pros: Potentially high rental income, long-term leases with stable tenants.
Cons: Requires significant capital investment, complex management. - Luxury Residential Real Estate: High-end homes in desirable areas.
Pros: High profit potential if sold, affluent clientele.
Cons: Susceptible to market fluctuations, lower vacancy rates but finding tenants might take longer. - Short-Term Rentals: Renting out properties for short stays.
Pros: Potentially high income during peak seasons, flexible schedule.
Cons: Requires constant management and cleaning, regulations might restrict short-term rentals in some areas.