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Updated over 7 years ago on . Most recent reply

User Stats

10
Posts
5
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Alex Schumer
  • Investor
  • Snohomish, WA
5
Votes |
10
Posts

New Commercial Real Estate Investor

Alex Schumer
  • Investor
  • Snohomish, WA
Posted

I have two residential rental properties that I enjoy very much. The time has come for me to move into the commercial market. I believe my niche is multi-family. I feel like giving someone a roof over the head is a great way to give back to the community. I am here to learn all I can and network with as many people as I can. 

My goal is to buy my first commercial property before I'm 31 (I am 29 now.)

Most Popular Reply

User Stats

210
Posts
80
Votes
Jessie Niu
  • Columbus, OH
80
Votes |
210
Posts
Jessie Niu
  • Columbus, OH
Replied
Originally posted by @Account Closed:

"Multi unit buildings are still considered residential...commercial buildings are buildings rented out to businesses; like a strip mall, or office space, even a storage facility. "

Not true, commercial RE includes apartment building too, which is what he is referring to. Any multi-family with 5 units or above is considered commercial.

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