I am trying to understand commercial property but am really really struggling and it really does look like a load of garbage to me, am I wrong?? Is there actually any money in it?
To me it looks like the pension funds have completely ruined it to a point where the yields are so small it is actually not worth doing it.
I can get average yields on residential of 18% and can let them no bother at all, sometimes have tenants lining up. I look at commercial and see very small yields, properties that are worthless when empty, very hard to secure tenants. Am I missing something or has the boat really sailed on commercial property? Will it ever come back?
I have a few shops but I only really bought them for the residential units they came with, would love to hear anyone thoughts who deals in commercial as I would love to get into this market but am really strugglin to find a reason to.