Updated over 1 year ago on .
Commercial real estate
Hey,
Is anyone out there still investing in commercial real estate? I keep hearing that it's not the best investment right now because of the downturn after COVID. I am a self-entrepreneur and know the importance of office space. Although I (and many others) transitioned to home office space, I believe there is a need for office space for many professions. I am interested in utilizing space again for group meetings, workshops, and for clients who may still desire private space.
My focus is on providing either turnkey-style space for those interested in temporary, infrequent use or long-term leasing for business folks who require conference room space (or perhaps event space). This aligns with my interest in passive income.
I realize I am not cut out for the entire REI process of consistently finding multiple properties for particular exit strategies. The process seems daunting and overwhelming, and I am not confident I will put the time in to talk to sources, analyze, and find properties for investing purposes. (In other words, I won't be creating a profession out of REI.) Any thoughts and feedback would be most helpful.