What was your first commercial property investment, and how does your portfolio look like now?
[{"id": "fvibr7f", "text": "wrong subreddit, \n\nmajority of people here just talk about how to find  a buyer and sell a commercial building to them.", "replies": [], "depth": 1}, {"id": "fvicke9", "text": "Most commercial property owners only identified as llc with no name", "replies": [], "depth": 1}, {"id": "fviditm", "text": "I actually buy property.   My first property was a triplex. house hacking method.  I used that to buy a c class 10 door.   now i have minority ownership in many doors... I found my nitch, which is raising capital for others people's deals.  I help them find investors to raise the 20 or 30% capital to make the deal possible.  I do mostly b and c multifamily, its what I know best.  you have to find what you do and just follow through with it", "replies": [{"id": "fvj7u17", "text": "Do you get a chunk of the GP\u2019s share with this or does raising the equity capital mainly get you access to deals?", "replies": [{"id": "fvjyhyf", "text": "Yes I get a chunk of gp share. They can focus. On finding deals. I focus on raising capital. The GP doesn't have to put in thier much of thier own funds,. That's the attractiction for both of us", "replies": [], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "fvilvqz", "text": "r/realestateinvesting", "replies": [], "depth": 1}, {"id": "fvin6sd", "text": "I bought a casino and made a lot of hotels, then ran for president and won!", "replies": [{"id": "fvj30o0", "text": "All with daddy\u2019s money, #Self-made", "replies": [{"id": "fvkam8t", "text": "All paid back, with interest!", "replies": [], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "fvjchiw", "text": "My first was a residential home (at that time being lived in by the home owner) located in a mixed use area and converted it to commercial use. Just over 12 years later I own (or in a partnership with) 4 commercial properties. 2 are office suites, one is personal service (hair salon), and a small, 2000 sq ft office warehouse. The most labor intensive is the office suites but I like them the most because if one office becomes vacant you have the others to help cover the mortgage.", "replies": [], "depth": 1}, {"id": "fvjmjiz", "text": "Very interesting topic. I'd love to hear about people transitioning from residential to commercial. What got them to make that jump was it a good deal that presented itself. Are you happier that you went to commercial and didn't stay on residential?", "replies": [], "depth": 1}, {"id": "fvkb0hj", "text": "Bought a shitty 2 family about 15 yrs ago, sold it for a modest profit. Since then acquired almost 50 units mostly apartments and some stores, urban infill location. I'm also a broker so I was able to pick off deals over the years. As a side note, this is why I am happy I have been a broker for \"mom and pop\" investment property. It has allowed me to buy stuff. Not as sexy as doing huge deals, but my long vision was to retire with cash flowing properties.", "replies": [], "depth": 1}, {"id": "fvkmnhh", "text": "Bought my house, had it reappraised 3 years after fixing it up. Took out some of that money and bought a duplex. \n2) A couple of years later refinanced that and took the cash out this year. \n3) Bought a super small single house and remodeled that and looking to buy one more house or lot. The rent has a 14% return so hopefully the second is at least 10% but either case, the resale value will provide a nice return.", "replies": [], "depth": 1}, {"id": "fw4jmed", "text": "Single-family, owner finance deal to 380 units of MF, 250 beds of student housing and 75,000 SF of commercial property. 7 years.", "replies": [], "depth": 1}]