@Albert Gallucci as many have pointed out, in the commercial space of 100+ apartment buildings and offices, property classes have some pretty decent industry standards.We started applying these to 1-4 unit properties around 10 years ago, which you can verify on our blogs, because we saw too many newbie investors not properly taking into account things like, neighborhood status, tenant pool, property condition, etc.Unfortunately, there's no industry standard for this, but you can use some basic logic to think your way through your own Classifications.

Investment Info:Office Space commercial investment.Purchase price: $1,100,000Cash invested: $25,00014,000 SF Downtown multi-tenant office building

Anyone with success setting up and then investing in real estate via an LLC/IRA? 

Real long story but he used to work in the area.

👋It’s a pleasure to join this community and connect with people passionate about real estate.

Once you go above $125k/unit you start to get into the high end areas that won't have very good rent/price ratios and are under the 1% rule mark for turnkey stuff.Neighborhood wise in the city the "East End" is where the most expensive real estate is since that's where the universities and a lot of the hospitals are located.

I assumed this would be the cheapest out there.I have some great local portfolio lenders, DSCR lenders, conventional lenders, and commercial lenders who are competitive and should be able to beat 6.75%.

The plan is notorious for minimum insurance and they were previously capped at $20M for larger commercial and HOA properties.

Hi Everyone,I’m thrilled to join this community of like-minded real estate enthusiasts and investors!

Flip, small multifamily, or commercial, Philly is a place abundant with opportunities.Wishing you the best !