Should Recent Retiree Invest in Commercial Real Estate or Buy a Business?
Question: I am recently retired from a large company but I am hoping to maintain a small income stream during my retirement. I am torn between buying a small business to run and investing in commercial real estate and becoming a landlord. Can you offer any advice? Answer: These are two very viable options; however, each one has completely different considerations that need to be made. So much depends upon what you’d really like to do. Commercial real estate is generally less of a risk than buying a business. However, the returns on your investment reflect this, with a business generating far better returns if you buy the right one. The good news about buying real estate is even if you overpay a bit, as long as you have the financial resources to withstand any market downturn, it will recover. Real estate markets will run hot and cold, but in the long-run, they will always do well. Plus, the building will still be standing in a year. If you buy the wrong business, you’ll likely be out o
