Multiplex as first investment?!?
If you were running numbers on a potential multiplex property, with 3 different streams of income:
- 2 fully rented apartments
- Detached 2 car garage
- 3000 sq ft Zoned for Commercial use & storefront (but I’m looking into rezone options)
what are your creative ideas for the rezone space? And if it can’t be rezoned, what types of businesses do well in a somewhat quiet residential area?
This would be my first investment property!!!
It’s a little more than I intended to spend in a first investment, but I’m so intrigued by the space, I’ll sort out the money. Or get a partner.
Help please! And thank you. #askbp