Commercial Real Estate (Retail, office space, warehouses)

[Atul Mohlajee]

I own a few residential real estate properties (10 properties)  with total 19 tenants with total rents about $23000/month with $6000 cash flow/month.  Some properties are paid off.  My wife and I both have decent fulltime W2 jobs.  Planning to get into commercial real estate (values ranging from ($300000 up to $650000).  I have 30% down payment available. 

Please share any thoughts about your experiences in commercial real estate buying, and monthly cash flows, risks etc.

[Joe H.]

Please PM me and I can possibly help you. You might want to find some nice smaller mixed use properties. One of the few places that you can still find value right now is in properties that are too complex for portions of the market. Commercial guys often don't want to deal with residential and residential guys are afraid of commercial. A building with a couple of apartments and a nice commercial storefront is often a bit cheaper since the pure residential and pure commercial guys are both not going to touch it and it's too small for the institutional investors to pursue it.