Commercial Investing

[Jay G]

Hello everyone,

I’m seeking advice on commercial real-estate investing. This week I spoke with my current (commercial) landlord about investing. While conversing about the current status of the economy and how volatile the stock market is, I proceed to ask how are you surviving through these hard times? His answer, diversification.

This weekend I meet with a lender to determine how much of loan I could take out for purchasing a commercial facility. I felt comfortable with a $200,000.00 investment in case a tenant moved out and it took several weeks to find another one.

I’m not looking to get rich off my first property; I’m interested in creating some residual income and equity, so in 5-6 years I can repeat the process. If any veterans would like to share some insight for a complete novice, I would greatly appreciate.

Thanks,
Jay.