How many Units was your 1st Commercial Deal

[Ley Nezifort]

Hey BP!

So I listened to the 2 Grant Cardone episodes on the BP podcast (his first one is one of the best podcast episodes I’ve heard), and I’m completely sold. Now I’m looking to go from a 4 Units to a 20 Units.

Just wanted to ask you all, how many units was your first commercial property, and where was it located ?

Did you jump directly to commercial or did you play around in the residential space first ?

Also, I’m looking to put together a team (Property Managers, Brokers, Lenders etc...) in Philly, so please recommend if you have any suggestions.

[Nik S.]

@Ley Nezifort

First commercial deal was an apartment building package (50 units). Never even owned a rental home prior. Economy of scale is what attracted me to multi-family.

Now apartment buildings is my only long term holds and attraction....for now that is!

Walk before you run....ahhhh debatable. You have a brain, might as well strengthen it and apply your knowledge where your passion is!

Commercial deals provide much more momentum. Cash flow, forced appreciation and long term equity growth!