Many business would still require physical space to run which are service based but still a huge amount of space will left vacant and supply will of commercial real estate will increase and demand will decline.

Purchase 2/1 under 1000 sq ft living area with over 7k lots in areas where the price per sq foot is over $500 per sq ft (a lot of areas in LA county) : fixers purchase them anywhere between 90% to 70% of ARV (they can even be at 100% of ARV as in retail) if in a great area and a great lot. and ADD 500 to 1000 sq ft to living space | Renovate existing sq ft to match new home | ADD ADU (2nd unit or convert the garage). 

I have recently cleared my post graduation in Project Management + International Business and have a background in Computer Science from back home.My family back in India is into long term buy and hold real estate investing in farmlands, empty plots and commercial spaces.

And as I wrote about in a recent BiggerPockets article (see below), I think Northern NJ will be one of the beneficiaries of the post-pandemic housing market, as a greater % of Millennials will look to either rent farther away from crowded NYC areas and enjoy more space or look to buy their first properties and lock in low 30-yr rates.https://www.biggerpockets.com/member-blogs/12660/90098-how-the-pandemic-will-impact-the-nyc-metro-real-estate-market

However, the CARES Act absolutely pulled the rug out from under landlords and overrides decades of landlord-tenant legislation and case law at the state level, as well as hundreds of years of basic contract law, by banning evictions for non-payment of rent for 120 days.Under this Federal Law, a tenant who stopped paying their rent in March would have no repercussions whatsoever until July 28th, at which time the landlord can issue a 30-day notice, wait the required 30 days, and then get in line to wait for a court date with an overwhelmed local court system in hopes of regaining possession of their rental unit.Even the best prepared landlord would have a very tough time weathering six months with no rent and no recourse.

Purchase price: $96,000 Cash invested: $110,000 Sale price: $168,000 If space is what you need at a great value per square foot....you hit the jackpot!

Treat that door like a window, and your tenants will love the added light and visual space.

I own a small wheel repair business and I’m needing more space.

I own a small wheel repair business and I’m needing more space.

Investment Info:Large multi-family (5+ units) commercial investment investment. 48 space mobile home park in Milledgeville, GA