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Hello everyone, I'm currently an investor in the residential real estate world, but I'm ready for the next level(Commercial Real Estate). What's the best thing I can
do in commercial real estate where I can make a large and quick profit?
Thanks in advance!!
Depends on your skills, experience, balance sheet and expertise.
I agree. Some if not most of the skills and methodology you have learned from single family investing will carry over to commercial. However the risks and rewards are greater. There is no way to answer your question in such a broad fashion.
As in residential real estate, there are many ways to make monies, and the commercial market is twice as diverseas the residential.
Your large and quick profits can be had in everything from flipping a motel to buying and leasing a vacant warehouse. As with residential it all depends on how much you can afford to buy, and what deals are available at this time.
If you come across a deal let us know everything except the address, and we will gladly critique it to death. heh heh.
Good Luck,
Kyle