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Updated about 10 years ago on . Most recent reply

User Stats

38
Posts
17
Votes
Darren Flater
  • Real Estate Agent
  • Cedar Falls, IA
17
Votes |
38
Posts

Should I buy the hardware store in the mixed use building I'm planning to buy?

Darren Flater
  • Real Estate Agent
  • Cedar Falls, IA
Posted

Here is my question. I'm looking to buy a mixed use building with 6 apartments above a hardware store. I also have an opportunity to buy out the store. Has anyone ever had any experience owning a store? If we buy this building I will own 27 units and I spend a ton of money on repairs. The thought of being able to buy all my supplies at wholesale is very attractive. Can anyone give me some inside. 

Most Popular Reply

User Stats

1,843
Posts
863
Votes
Franklin Romine
  • Visalia-Fresno, CA
863
Votes |
1,843
Posts
Franklin Romine
  • Visalia-Fresno, CA
Replied

@Darren Flater I think it is a great idea.  We should be thinking outside the box everyday. A couple months ago I bought a commercial property, a property I never would have considered a year prior.  The deal made sense once I started putting the #'s together.

Frank

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