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Updated about 3 years ago,

User Stats

8
Posts
2
Votes
Chad Thompson
  • Investor
  • Alabama
2
Votes |
8
Posts

New to Developing / commercial or residential or multi family ?

Chad Thompson
  • Investor
  • Alabama
Posted

If you were to start developing where would you lean? I am currently in the furniture industry and I have rental properties as well. I’m looking to roll some of my income from the furniture industry over into real estate. I am torn between which side of real estate development. I am looking at Smaller metal buildings like 30x50 & 40x60. For shops or other uses, also looking at duplexes ( I’m finding it hard to cash flow a new duplex with the cost to build currently ) maybe I’m wrong? I’ve also debated building single family homes and selling those, I do not have a contractor license. Located in NW Alabama. What would you do??