I am far from an expert in this field as I have been learning alot myself but cap rate does play a role in your type of business.

Looking forward to connecting with others who can provide guidance, tips, or even potential partnerships as I dive into this exciting field!

I would have focused on the highest paying W2 I could find/achieve as early as possible in a field I enjoyed;2.

Hey Chris, a few thoughts here.Considering that office is not attached to the house, I wouldn’t add any footage to the total home square footage; however, you could advertise that office space and amount of footage and amenities in your remarks.If you’re a Realtor or are using one for the sale, your local MLS may have fields dedicated to additional footage for other buildings on the property, such as ADU’s.The other point is that typically, perhaps depending upon location, a space needs to have heating to count in the square footage, which this office doesn’t have if I understand correctly.Consider contacting an appraiser to inquire about how they would handle this space on an appraisal, or a Realtor.

Hey Bigger Pockets community, I'm just starting out in Step 1 (get educated) on what I want to become a successful career in real estate investment.I also currently run an e-commerce business that is currently completely online, but would benefit from having a brick & mortar storefront, and I had an idea that maybe using the investment capital I'm looking to allocate into real estate into a commercial property my business can operate out of until I decide to sell the property in or rent it out to another business.I am obviously very naive when it comes to the complexity of any good real estate deal (especially commercial VS residential), but I'm hoping to spend as much time learning from everyone here who is on their journey as well.My main concern with the idea of buying commercial to operate my business out of it that I might struggle to rent it out afterwards and that there may likely be depreciation in the commercial real estate market over the next 5 years.I understand there is a lot of nuance depending on the local market but I'm guessing commercial is even less of a "safe" bet than finding a solid residential deal to leverage in some way.

The happiest day of my investing career was when I transferred ownership to all those houses in one transaction and to never ever go there again with that asset class.But thats me.. section 8 can work but its not as passive as folks claim.

Have one rental property, and trying to get into the fix and flip field.

A good chunk of my career of day jobs has been in analyzing data and forecasting the future.

Lake county Northern CA where I lived and started my RE career also had massive fires that burnt over 700k acres went right through one of the developments my family did ( the Hunter Ranch) homes were destroyed there but not that many as those were 20 acre lots so maybe 10 houses..

I am in the process of a career-shift and am considering going into the business here.