What’s next in my Real Estate Investment Journey
Hi Everyone, I am conflicted on the current state of my real estate investing journey and wanted some external opinions on the matter.
I currently have three properties. One primary in Orlando with good equity and two vacation STRs listed on my profile. My wife is expanding her Clinical Mental Health Counseling business and I am looking to purchase an office area in downtown Orlando.
My conflict is this,
I am not sure if buying commercial will add or subtract value to my rental business or hinder my growth by slowing me down significantly with the financing and cash up front.
There are a few properties I am interested in BRRRing now to build my portfolio strength but I’m apprehensive to jump into that before this big commercial property deal.
long story short. Should I wait to buy the commercial property until a have a larger real estate portfolio strength or will the commercial property add value on its own?