Commercial deal compensaton
Hello! I am making the transition from Resi to Commercial, and I'm very
excited. I have a question for anyone out there has has purchased
commercial property specifically a small strip mall. Do you guys pay
yourself a salary or are you looking for a set rate of return? To give
you a for instance, I'm in the due diligence process of on a small 7
unit C Class strip mall, that needs some work and upgrades but overall in good shape
with long term tenants that's cash flowing. After all the expenses, and debt service etc,
what should I be realistically looking for income wise? Thank you in
advance.