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Updated about 3 years ago,

User Stats

7
Posts
1
Votes
Ryan Metcalf
  • Saint Louis, MO
1
Votes |
7
Posts

Investment Opportunity or Money Pit

Ryan Metcalf
  • Saint Louis, MO
Posted

I am considering a 2 unit commercial property.  The roof has about 3 years of useful life left and the HVAC system has about 5 years left.  Additionally, one of the tenants has been there for over 35 years.  When they eventually move out I will have to update that space and bring it up to code.

This property is going to require constant investment for the next 5 years.  Is this an opportunity worth pursuing?  What should I be thinking about and considering?

This would be my first commercial property.

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