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Updated about 5 years ago on . Most recent reply

User Stats

7
Posts
10
Votes
Gregory Dillon
  • Investor
  • Fayetteville, NC
10
Votes |
7
Posts

Should have definitely learned a little before jumping in!

Gregory Dillon
  • Investor
  • Fayetteville, NC
Posted

Well you think after after buying a 30,000 sq foot commercial space that has caused nothing but stress I would have said hey let me get educated on this real estate thing. Nah! I then turned around and bought a mixed use space, commercial on the first floor and one apartment each on the 2nd and 3rd floor. Cash on cash return? Cap rate? ROI? Ha! No clue what any of that was when I jumped into these "deals" a few years ago. I have to say if it wasn't for BiggerPockets I would still have no clue what I'm doing! Now we have 4 properties with 9 doors. But still feel like a newb! Oh btw anyone want to buy a 30,000 sq foot commercial space?!

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