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Pharaoh Mitchell
  • Flipper/Rehabber
  • Memphis, TN
1
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25
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Wholesaling commercial real estate

Pharaoh Mitchell
  • Flipper/Rehabber
  • Memphis, TN
Posted

I understand how to wholesale single/multi family homes but I’m trying to get an understanding on wholesaling commercial abandoned buildings . The reason I’m confused is that I know to run comparables for single families but what’s the procedure for a abandoned store or building in a neighborhoods?

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David Miller
  • Attorney
  • Durham, NC
126
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224
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David Miller
  • Attorney
  • Durham, NC
Replied

@Pharaoh Mitchell I am one data point and I suspect others on BP may have a different opinion, but wholesaling in commercial real estate is difficult at best. If you want to venture into the CRE space (in any asset class), then associate with a CRE firm or operator and commit to CRE. IMHO, you have to pick residential or commercial, but not both. They are different universes.

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