When working with a real estate agent, you will have an added advantage if you understand the available real estate types. There are many different types of real estate, each with its unique characteristics. Here is a brief overview of the most common types of property you will encounter: Residential Property This includes single-family homes, multi-family homes (apartments), and condominiums. Residential property is typically used for living purposes but can also be rented to generate income. Commercial Property This includes office buildings, retail storefronts, warehouses, and industrial properties. Commercial property is used for business purposes and generates income through rent…