All Forum Posts by: Michael Voss

I'm not to well versed in this matter to take this with a huge chunk of salt. 

If the property is valued at a commercial property it will be worth more. Reason being you can charge a company more per square foot (generally speaking) than a single family unit. In simple terms 5 people working to generate cash is different than 2 people with a child looking to preserve cash. 

That being said in commercial you may not have many comps to sell the property, try LoopNet or costar. 

As far as separating the services from what I know in residential all it really helps you do is make the tenant responsible for the services they use. (You can charge them for it or if your city allows you but the service under their name instead of your own) 

In a commercial capacity, it's not too helpful but it could be if you choose to do a coop work space and have multiple companies in different rooms. 

Jack loew is really good. He is out of central Florida (Orlando). 

More than likely what I would try and do is make the original tenant you have leave some skin in the game because he was the one who got the lease originally. So I would hold his deposit and write into the lease he has to mentor the new business owner for at least 12-18 months (weekly, monthly, zoom, face to face, something). Also, if that portion isn't upheld rent would increase until deposit is 2-3 months rent. That way everyone has a chance to win and you are secure. 

I would say the same as Zachary, but just go a step deeper. On your local county property appraiser site go to any apartment complex you know in your town. Than call up the owner. If the owner is a company ask to work for them. Start contacting local commercial brokers and they can send you deals. Once you know how to work in the multiplex space you buy one and manage it yourself. Grow from there. 

I manage retail strip centers, our firm owns a couple and we have recently taken on new clients. We also, have stand alone office buildings, some warehouse condos, and a few airconditioned warehouses. Do you invest in Florida or PM? 

Hello, my name is Michael Voss, I'm new to bigger pockets forums and posting, just been checking out the site and what it provides. I work in commercial real estate space doing leasing and property management. I don't do anything residential or multiunit. I typically work with business owners and investors. I would be happy to answer any question anyone has for me and I hope to see you around the site. 

There is a good company rental management company ran by Stacy Mckay out of Winter park that I know of. Check her out rental Home Management Services.

Hey, I’m new to the forum and also new to real estate. I am currently taking my license exam in Florida. I am looking to network inside the industry in the central Florida area. Does anyone have any tips