Why investing in real estate in New Jersey is the right move

Steven Rindner, a main street advisor and realtor, knows all too well that there’s no investment that can match real estate when it comes to profitability. The increase of prices in real estate is almost guaranteed, and everyone will need space for many important reasons such as living, working, and running their business.

For this blog, Steven Rindner explores the many reasons why investors in New Jersey should put their money in commercial real estate.

Lease: Commercial real estate generally has longer leases compared to residential areas. Sometimes, these leases even last decades. Longer leases are better for investors and tenants, as they set up a much more stable and continuous business relationship.

Collateral: Commercial real estate has higher collateral compared to residential real estate. The security deposit that tenants pay before moving in is different from these two types of real estate. Commercial real estate is more flexible. Residential real estate normally requires a month (sometimes two months) worth of rent.

Development: Main street advisor and realtor Steven Rindner explains that often, businesses improve the façade of buildings they rent to attract customers. This saves real estate owners the money for renovations because makeovers aren’t usually covered in contracts.