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Updated over 3 years ago on . Most recent reply

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William Costello
  • Indianapolis, IN
150
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193
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Biggest factor for growth in 2021

William Costello
  • Indianapolis, IN
Posted

What would you say has been one of your biggest contributions to your growth in 2021 in real estate and syndication? 

Most Popular Reply

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Erik W.
  • Real Estate Investor
  • Springfield, MO
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Erik W.
  • Real Estate Investor
  • Springfield, MO
Replied

@Jai Reddy, we have two 6-bay workshops (12 bays total), a self-storage facility, and a small retail property (2 units).  Under contract presently for a 13 unit resort with boat slips on a nearby Lake that is very popular and we're turning it into nightly rentals.  We acquired our first commercial property in March 2020, and so far they've been considerably less hassle to maintain.  One nice thing about the workshops and the storage facility is they are large metal boxes on concrete slabs.  From a maintenance standpoint, they are much harder to damage and easier to work on since electric and plumbing is all exposed instead of buried in the wall.

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