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Updated about 6 years ago on . Most recent reply

Zac Kay's profile image
Zac Kay's profile image
Zac Kay
  • Investor
  • from Sinton, Texas
  • Member since Aug 16, 2016
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6
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Zac Kay's profile image
Zac Kay's profile image
Zac Kay
  • Investor
  • from Sinton, Texas
  • Member since Aug 16, 2016
Connect
Zac Kay
  • Investor
  • Sinton, TX
1
Votes |
6
Posts
Commercial Real Estate Investing

Small town commercial/office space

Zac Kay
  • Investor
  • Sinton, TX
Posted

I’m looking for some advise on a deal I’ve come across. It’s an older Main Street type commercial building in a small town in Texas. It has 4 small separate store fronts plus a very large 2nd floor. It needs a ton of work but the owners have agreed to sell it for $50k. I’d like to run my real estate biz out of one and rent the others out. What are the pros and cons of this?

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