Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Rehabbing & House Flipping
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 7 years ago on . Most recent reply

User Stats

49
Posts
16
Votes
John Mainwaring
  • Richland Center, WI
16
Votes |
49
Posts

Commercial range or "professional" model

John Mainwaring
  • Richland Center, WI
Posted
Thoughts on placing a true commercial range in a very unique property. I have two friends that went this route and the quality and capabilities are top notch. The range in question would be a Comstock Castle with a flat-top/burner combination. My next choice is to go with a well maintained AGA. I'm hoping that this property will attract a high rent, long term tenant, although it pencils out nicely as a VRBO as plan B. If that ends up being too much work then we will sell it and move on to the next opportunity.

Most Popular Reply

User Stats

3,286
Posts
3,789
Votes
Andrew Johnson
  • Real Estate Investor
  • Encinitas, CA
3,789
Votes |
3,286
Posts
Andrew Johnson
  • Real Estate Investor
  • Encinitas, CA
Replied

John Mainwaring You're really narrowing your "idea tenant" population to either chefs or short-order cooks. There are homes here in San Diego for $2M+ where they don't bother with WOLF, Sub-Zero, etc. I don't quite understand that but I think it illustrates how you don't get a defined ROI even in expensive properties. And the benefit for developers who do go for WOLF-ish brands is that everyone knows those brands. Maybe your commercial brand is better, more expensive, etc. but that doesn't matter if me (as a buyer) hasn't heard of it. Then it's just "different" rather than connoting "high quality". As an aside, there are plenty of lines like GE Profile that try to have a professional look but are still 1/2 the price of Viking, WOLF, Sub-Zero, etc. Odds are that could be your sweet-spot.

Loading replies...