Residential vs. Commercial Property Management: Key Differences Explained

When it comes to property management, the approach varies depending on whether you are managing residential or commercial properties. Both require an in-depth understanding of the real estate market, tenant management, and maintenance, but the specifics of each can greatly differ. Understanding the key distinctions between residential and commercial property management is crucial for landlords, investors, and property managers when making investment strategies that ensure profitability and long-term success.