A C class building in a B location

[Patrick Yungck]

The thing I love most about Real Estate is that most people get caught up looking at it as just the building and sometimes forget the land that it sits on. You don't put money into buildings....you put money into location. My niche is commercial real estate and now am starting to look at larger multi-family properties and senior care facilities. The one piece of advice I can give that has been extremely profitable to me is don't overlook that C class commercial or multi-family property that is sitting in a solid B location. It may take a little leg work up front, but once everything is in place it really pays for itself!

[Chris Winterhalter]

@Patrick Yungck

I feel you....however in my market sharks are all over those opportunities. Everybody wants a turn around or rehab project it seems like. "Distressed" properties are selling at premiums. But I agree...if you are creative you can find that deal and make it work where others can't. Welcome to the wonderful world of multi-families! What type of commercial RE did you specialize in?