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Updated about 4 years ago,
Commercial investing tips
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