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Updated over 4 years ago on . Most recent reply

User Stats

9
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2
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Casey Groves
  • Investor
  • New Orleans, LA
2
Votes |
9
Posts

Commercial Lingo Question

Casey Groves
  • Investor
  • New Orleans, LA
Posted

I've been in the multi-family market for duplexes to 4 plexes, but now I'm wanting to pursue something in commercial property with a larger building like somewhere between 6 and 10 units that can be used for Short Term Rentals in my market. The broker asked me to tell him "minimum / maximum deal size." What does that mean? Is that the price or something else? Please let me know what you know about this. 

Thanks so much

Most Popular Reply

User Stats

247
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247
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Cason Acor
  • Real Estate Agent
  • Salt Lake City, UT
247
Votes |
247
Posts
Cason Acor
  • Real Estate Agent
  • Salt Lake City, UT
Replied

He’s most likely referring to purchase price. 

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