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Updated almost 5 years ago on . Most recent reply

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Casey Groves
  • Investor
  • New Orleans, LA
2
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9
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Commercial Lingo Question

Casey Groves
  • Investor
  • New Orleans, LA
Posted

I've been in the multi-family market for duplexes to 4 plexes, but now I'm wanting to pursue something in commercial property with a larger building like somewhere between 6 and 10 units that can be used for Short Term Rentals in my market. The broker asked me to tell him "minimum / maximum deal size." What does that mean? Is that the price or something else? Please let me know what you know about this. 

Thanks so much

Most Popular Reply

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247
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247
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Cason Acor
  • Real Estate Agent
  • Salt Lake City, UT
247
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247
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Cason Acor
  • Real Estate Agent
  • Salt Lake City, UT
Replied

He’s most likely referring to purchase price. 

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