Commercial real estate investment

alhamid said: "I have not done so good with this as I hoped. I would like to hear your interests. I try this for a commercial building with tenant of deli owner and it has been hardful to get rents."

chahinemm said: "a friend of mine does it for a living but he takes care of tenants a lot. he does it for student residence. What he does is he buys a house usually location wise and then explore and find cheaper houses around the area easier maintenance and also he brings the area value higher... he bought around 5 or six houses in perfect locations and their values literaly quadrupled in the last 4 years i have stayed. something to consider at least. chahine"

HappyHarry said: "You just have to be realistic about the expenses and the time spent managing the property. Things can always go wrong, and lots of time they do. Tenants can drive a person crazy, so factor that in :)"

chahinemm said: "i agree but i have noticed one thing is that before i lived or moved in that space the space is amazing and its still is. but as time moves on the people moving in are refered by the reputatiion of the landlord... and he barely advertises for rooms to rent but more tenants tell by word of mouth of how he is very nice helpful and he is able to accomodate every1 even though is is strict in terms of parties and animals... well lets be realistic... being in univeristy + away from home + booz = not good combo :D so i understand him. chahine"

HappyHarry said: "Oh sure you can definitely be successful with real estate. You just have to have people skills and be a good judge of character. Or run credit reports, etc. If you land very good tenants, the money can be substantial."

ljsnick said: "If anyone is interested in doing Florida condo conversions, send me an email at [email]sswc@cfl.rr.com[/email]."