I want to get into commercial real estate
I started getting into real estate when I was super young.
- I lucked out by buying a small condo that was on a sand patch that was once a lake.
When the lake came back I hired out home services and sold the condo for a large amount of cash. I have since done this quite a few times. I look at homes for sales and apartments for sale. I either have a general corporation service them and flip it, or I keep the arena for rent. Having apartments for rent and homes for rent makes quite a bit of cash. Those bi-weekly paychecks I do put into my rentals. I feel like I am always hiring out handyman tasks in order to keep the arenas going. It sometimes is a furnace repair, electrical issue or a plumbing emergency. Nobody is just great, you know. There sometimes is currency leftover to put into another rental though. Right now I am looking into commercial property sales. I want to change over from apartments and homes to storage facilities and businesses. My ideal would be to own a mini storage facility and rent out each unit. Can you imagine the currency I would make from this? I am not against buying a building or a stretch of buildings and having corporations put in there, but dealing with a company owner rather than a tenant is a much easier process. You respectfully get a high class of man this way. They are better about paying the bills and will stick around loger. I know there are even some property leases that state the renter has to pay for all the repairs.