Hello all, I sort of a newbie. I own a 4 plex and 2 sfh generating cashflow overall. I would like to take the next step to but not really sure what direction to take. My possible choices are, keep buying SFH and /or duplex/etc or try to go a little bit bigger and get an apt. building, or a commercial property. ( i dont have any experience with the last two).
I have found a nice commercial with high traffic counts and pretty much ready to subdivide easily into 3 to 4 commercial spaces (from 1200sq to 1300 sq each) , plus big warehouse in back. My goal is to eventually have a portafolio of rentals that can supply a steady side income ( and maybe replace my work income in the long run) as well as having the equity builded by the tenants paying the note. any thoughts suggestions?
I appreciate any input.
Thanks
Gustavo
