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Updated about 4 years ago on . Most recent reply

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42
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Alexander Churchill
  • Williamsport, Pa
20
Votes |
42
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Commercial investing tips

Alexander Churchill
  • Williamsport, Pa
Posted

I’m a buy and hold residential multi-family investor. I have 3 investment properties (2 doubles and a Triplex). I’d really like to get involved in some other kind of real estate investing. Right now I don’t really know exactly what the goal is besides creating passive income and obviously the goal of retiring from 9-5 early. All I know is finding a good deals with small residential C class properties that produce $500-1000/month income fully rented. I wish I knew more about bigger deals or how to even get started/involved. I lived in a small metro area in central PA so not sure what kind of opportunity would be local.

From a lot of what I read it almost seems like people who invest in apartment complexes and commercial deals never really buy and hold? They just buy to flip in a few years and make money and keep investing which kind of gives me a headache to think about. Why would they buy and hold if they were producing 6 figures passively?

Any one with time and wanting to converse or pass advice would be great

Most Popular Reply

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2,812
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Charles Carillo
  • Rental Property Investor
  • North Palm Beach, FL
1,915
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2,812
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Charles Carillo
  • Rental Property Investor
  • North Palm Beach, FL
Replied

@Alexander Churchill

Yes, most syndicators and operators of larger complexes typically purchase and resale assets after they have completed a value-add business plan and increased the NOI. It does not mean you need to do this. It really depends on what your investors are looking for and the deal you find. There also is not a requirement to become a syndicator to leave your W2. It seems you have a great system and portfolio which you could continue to add similar, nearby properties to and achieve your goal. I cannot stress how important focus is. Maybe sticking to the plan you are on is the fastest path to freedom.

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