Long-Term (Traditional)
Rental Long-term rental properties are the most common type of investment strategies, especially for entry-level investments and beginner investors. Long-term renting is a strategy that relies on purchasing a real estate property for the sole purpose of renting it out to tenants for 6 months or more. The owner of the property, the landlord, would sign a contract or a rental Lease with the tenants who are renting the house and the tenants would then pay a monthly rent to the landlord which can be Used to cover the expenses of the propert mortgage payments, its taxes and insurance
Pros
• Typically have the lowest rate of risk
• Generates a significant amount of rental income on a monthly basis
• Better tenant screening
• No seasonal fluctuations
• Fewer restrictions
Short-Term (Airbnb) Rental
Short-term rental properties are very similar to traditional rentals, but are rented out for shorter periods of time, typically days, weeks, or a few months. This type of rental properties has become much more popular in the recent years due to the emergence of websites, services, and companies such as Airbnb, VRBO, and HomeAway.
Pros
• You can pick and choose dates
• Tax breaks
• Less wear and tear on the property
• Online tools
• Less of a commitment
Fix-and-Flip
Fix-and-flips are highly glamorized by HGTV. Properties that are in a bad condition and require a considerable amount of renovation and reparations before they are back in a habitable state. This type of investment strategy can be a great choice for real estate investors looking to make a quick profit on their investment.
Pros
• Quick profit
• No long term property management
• Short term project
• Valuable experience
• Expanding your network
Office
Similar to multifamily, a major factor that draws investors to office real estate is multi-tenancy. Depending on the style of the building and where it's located, the property can have one to dozens of tenants. Office spaces are further broken up into Class A, Class B, and Class C assets depending on their age and quality. Office investing can be more capital intensive than other types of commercial real estate due to the cost of turning over and building out space for incoming tenants. However because of the cap rate valuation on commercial real estate, offices can command some of the highest values
Industrial
Industrial properties widely range in size and use and this asset class has taken off over the last economic cycle thanks to the rise of delivery. This class certainly has a different feel from the others and isn't as "polished" or "sexy." However, industrial can be one of the best real estate assets to invest in thanks to its flexibility and lower cost of entry. These tenants often tend to stay in their locations for extended periods of time since there are few reasons for them to really relocate.
Retail
Retail real estate is intended to house any business that sells products and services directly to consumers. These projects are typically located to provide the maximum amount of convenience possible to consumers. While many may say retail is dead, it's simply shifting thanks to the rise in delivery. Retail is pivoting to offer more entertainment and experiences, which cannot be replaced through online orders. This real estate asset can range from single, standalone restaurants to massive regional shopping centers.