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Updated over 4 years ago on . Most recent reply
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Commercial real estate
To anyone who owns 1+ million dollar commercial real estate. What did you do to be able to afford it and what kind of property is it? How can I afford my first million dollar deal? What did you do over the years to be able to afford it? Thanks for any help!
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@austin wise A million dollar commercial property is not much in Austin. It will have to be multiples of that in this city to get something great commercially. Essentially its about having a game plan on how to get there and following it through cycles. 1031 is a great proven path way though. One doesn't need to born with a silver spoon in their mouth to become rich in real estate. There have been many real estate barons in real estate that started with nothing.