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27 July 2018 | 9 replies
I myself, like many others, started with a purchase of a condo, then to a single family, then to a 2-4 unit, now to commercial multi-family with 5+ units.Figure out your goals and why you want to invest and work backwards on how you can achieve those goals.
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22 July 2018 | 4 replies
@Josh EngelhartIs that the same if it goes above 5 units and is considered commercial?
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25 July 2018 | 13 replies
Bedrooms require access to natural light and natural ventilation.
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8 September 2018 | 11 replies
The more successful San Diego OOS RE investors that I am aware of are mostly into commercial multi family (5+ units).
20 August 2018 | 7 replies
Just remember that you need access to capital to keep doing deals so if you are limited on funds and tie it up in a rental property that makes you an extra few grand a year you may be limiting yourself to doing other projects.
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25 July 2018 | 6 replies
This becomes several times more valuable when you get into commercial as those deals become much more complex.
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23 July 2018 | 8 replies
My background into RE started when I began working as a commercial credit underwriter for a bank.
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29 July 2018 | 9 replies
I do commercial but for residential what I saw on the last down cycle was this.Those landlords that had the most expensive rentals felt the pain first.
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10 August 2018 | 17 replies
My wife and I both worked for nearly a decade for a commercial property company focused on leasing and sales in the retail sector so personal real estate investing was always a path we knew we would pursue having seen first hand the wealth real estate can generate.
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29 July 2018 | 6 replies
Otherwise, some book recommendations (these include mostly books on business/lifestyle or buy/hold investing):- "E-Myth Revisited" by Michael Gerber- "Rich Dad, Poor Dad" by Robert Kiyosaki and Sharon Lechter (this provides a more foundational perspective on money)- "Cashflow Quadrant" by Robert Kiyosaki (further builds on the "Rich Dad, Poor Dad" foundation)- "Set for Life" by Scott Trench- "Long-Distance Real Estate Investing" by David Greene- "The Book on Managing Rental Properties' by Brandon Turner and Heather Turner- "The Miracle Morning" by Hal Elrod-"HOLD" by Gary Keller (geared toward SFR)-"The ABCs of Real Estate Investing" by Ken McElroy (geared toward commercial investing)"Multi-Family Millions" by David Lyndahl (This is on my list of "To-Reads".