Owning a restaurant

[Eric Mcginn]

Just the the property that is. It’s currently occupied by a great Jamaican restaurant. The numbers work out well, low sales price, should appreciate well over time. Why shouldn’t I want to own a restaurant? 
I currently own a duplex, sfr, and a quadplex. 
The price is so low that it wouldn’t even be a huge deal if it were vacant for a few months and to be honest I do want to open a brew pub with my brother some day. But for now it seems to be doing well as is. 

[Jonathan W.]

@Eric Mcginn 1. Restaurants have high risk which most people won’t finance. 2. Restaurant space is not easy to convert. Thus your next tenants would have to be restaurants. If you read point one again, you’ll see the risk...