It's been a long time since I didn't post on this forum but this morning I decided to share my story with you.
I love construction and the idea of creating something unique and beautiful. I started when I was in middle school working with my dad and I never stopped since then.
Recently I stopped contracting any residential work and I started contracting only commercial.
It was a big decision thinking that I left behind a lot of good clients which were giving my company enough work for my 6-8 employees. Most of my friends criticized me for what I did saying that is the wrong move and I'll go bankrupt soon.
I have a ton of reasons why I did this. I would just say that I love the idea of having a plan, a blueprint, a schedule. It's not so hectic as residential. Just my opinion.
Looking back it was a bumpy road for the first 2-3 months but after that it picked up again and here I am hauling through the blessed land, USA.
What do you think about my move? Did anyone have a similar experience: stopping investing in residential RE and focusing on commercial only?
I would love to hear some other people stories. Maybe I'll post some pictures from our recent projects when I figure out how. (Hopefully that's ok with the admins)
I am a principal commercial broker and also a retail developer for STNL and MTNL.
I enjoy commercial but have many friends that do residential. It's just not something I get excited about like with commercial real estate.
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