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Joan Brazie
  • Investor
  • Magnolia, TX
1
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7
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Multi family or commercial property?

Joan Brazie
  • Investor
  • Magnolia, TX
Posted

I have been in the single family rental market for 6 years, it's a love hate relationship. I have 4 rental properties,  1 is in escrow closing set for 11/10/17, the other going on the market priced to sell fast. I recently learned to avoid capitol gains i can use the 1031 exchange. I also learned I have to buy equal or greater. That being said I need a property around 500k

Questions

1) which would be a better investment,  multi family or commercial I am EXTREMELY handy and do nearly all improvement myself. 

2) what websites feature multi family / commercial property for investors?

I appreciate all opinions and help offered.

Most Popular Reply

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1,873
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Jeff Copeland
  • Real Estate Broker
  • Tampa Bay/St Petersburg, FL
2,097
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1,873
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Jeff Copeland
  • Real Estate Broker
  • Tampa Bay/St Petersburg, FL
Replied

Note that "multifamily" can include both residential (4 or less units) and commercial (5+ units) multifamily properties. 

You can find these in most MLS sytems under "Income" properties, or under "Multifamily" (residential or commercial, depending on the number of units).

Loopnet is another useful resource. 

  • Jeff Copeland
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Copeland Morgan LLC
4.7 stars
69 Reviews

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