All Forum Posts by: Laurieann Frazier-Duarte

@Chris Mason.   Thanks for your response.  Yes, use of single office space did die off with COVID, but because there was not an option.  People were not visiting offices.  While many new sectors of business were created out of COVID, some demand for services pre-COVID is returning.  The medical and behavioral health, and helping sectors is one of those sectors.  

Wondering if it worth it to explore providing temporary leasing vs. long-term leasing to begin.

 Hi Steven,

I am in the medical/behavioral health field, so there is a bit more of a demand for smaller office space and sometimes conference space for workshops, group seminars, and the like. My strategy would be to provide temporary and conference use in order to maintain consistent use for professions throughout the year(s).  

Hey,

Is anyone out there still investing in commercial real estate? I keep hearing that it's not the best investment right now because of the downturn after COVID. I am a self-entrepreneur and know the importance of office space. Although I (and many others) transitioned to home office space, I believe there is a need for office space for many professions. I am interested in utilizing space again for group meetings, workshops, and for clients who may still desire private space.

My focus is on providing either turnkey-style space for those interested in temporary, infrequent use or long-term leasing for business folks who require conference room space (or perhaps event space). This aligns with my interest in passive income.

I realize I am not cut out for the entire REI process of consistently finding multiple properties for particular exit strategies. The process seems daunting and overwhelming, and I am not confident I will put the time in to talk to sources, analyze, and find properties for investing purposes. (In other words, I won't be creating a profession out of REI.) Any thoughts and feedback would be most helpful.

Hey,

Is anyone out there still investing in commercial real estate?  I keep hearing that it's not the best investment right now because of the downturn after COVID.  I am a self-entrepreneur and know the importance of office space.  Although I (and many others) transitioned to home office space, I believe there is a need for office space for many professions.  I am interested in utilizing space again for group meetings, workshops, and for clients who may still desire private space.  

My focus is on providing either turnkey-style space for those interested in temporary, infrequent use or long-term leasing for business folks who require conference room space (or perhaps event space).  This aligns with my interest in passive income.

I realize I am not cut out for the entire REI process of consistently finding multiple properties for particular exit strategies. The process seems daunting and overwhelming, and I am not confident I will put the time in to talk to sources, analyze, and find properties for investing purposes. (In other words, I won't be creating a profession out of REI.) Any thoughts and feedback would be most helpful.

 Thank you, Theresa.

 I see.  Thanks for sharing the information and your time.  

 Good points.  Thank you!

 ??

 Thank you Jonathan.  This makes sense and sounds like a good approach.  

Do you think that one should manage when starting out, or should I consider a property manager?  I'll need to contact a few PMs in the area to get an idea of the cost for their services.

 May I ask in what area you provide rentals?