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Updated 3 months ago, 09/30/2024

User Stats

161
Posts
75
Votes
Wei Jie Yang
  • New York City
75
Votes |
161
Posts

How to dip your toes into Commercial properties?

Wei Jie Yang
  • New York City
Posted

Hi Everyone, 

Very basic question, how do I get started in Commercial properties? I Currently own 8 piece of real estate. 7 long term rentals. 1 str that is currently in the furnishing stages. I am under contract for a 5-plex which is technically a commercial property. I will probably be doing 2 more STR's this year.

I would like to at  look at opportunities in the small tier commercial (under 1 million dollar) category to see what's out there. Is it just browsing thru loopnet? How do I talk to brokers when I honestly don't know what commercial category I want to invest in and am more in the stages of opportunity research?

Thanks all,

Wei

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