Multi-Family and Commercial Real Estate

[Zachary Clevenger]

Good Morning BP!

For the last few months I have been reading, educating myself, listening to specific podcast, trying to analyze things, run numbers, learn the "language", and immerse myself into investing in real estate. The more I dig in the more I am starting to get an idea of "what" I want my niche to be or focus my attention on. 

At first I was interested in SFH and buy and hold strategies. This could be done via BRRR or turn key. But the more I have educated myself, read, and looked at what is going on in my area (development wise) I do not foresee this as being what I desire.

I briefly looked into wholesaling, etc., but I have zero interest in this area of real estate.

The next are I looked at was multi family. The idea of multi family is somewhat appealing, however not on the smaller scale of duplex, triplex, quadplex, etc. -I am thinking larger (eventually)

However, the area I find I keep gravitating to the most is commercial real estate. The idea of having my hands on a beautiful piece of architecture that is also providing me with income, and investment opportunity excites me!

I am starting to load up on a few books by Frank Gallinelli, and Peter Harris to begin. I have also begun focusing my audio books/podcast on commercial and larger multi family units. 

Some things on my agenda:

Educating myself on cap rates, NOI, analyzing multi family (complexes) and commercial properties, and financing to make it all happen.

I would be extremely interested in shadowing, learning, and/or assisting someone as I have much to learn in the Greenwood - Franklin - Indianapolis - Carmel - Fishers - Noblesville  areas that specifically works with commercial real estate or large multi families. 

If any one knows of such a person I would love their contact info so that I might be able to reach out to them and at the very minimum have a cup of coffee, drink, or lunch to network. 

Thanks for being fantastic BP community! You guys rock and thus far I have networked and made two new friends that would have not been possible without you!

-Zach