All Forum Posts by: Ash Patel

I wonder if passing your RE exam makes you an elitist.  Why would you knock this author for providing a path for new people to enter into this market?  I have a number of residential/commercial properties and I hire a guy who markets for me.  He puts over 400 targeted craigslist ads all over and gets results.  I pay him one months rent for his work.  He answers emails, but the phone number listed is mine.  HE DOES NOT NEED A LICENSE!  All he is doing is helping me with marketing.  He is not taking applications or showing the properties.  He may accompany me when I show the properties.  

He makes thousands of dollars per property but he gets results.  I applaud the author for publishing a road map of how he did it.  He simply stated what worked for him.  I agree 100% with him, there is no substitute for pounding the pavement and hustling.  My guy is relentless, just like the author.  Thank you for a well written and invaluable post.

Thank you Leon, Jared and Graham!!! All great ideas that got my wheels turning. I will keep you guys posted on what happens.

did you have any luck? I'm in the same boat with 15000 sq ft and 14 spots.

Leon, I really don't care as long as they pay rent. What are you thinking?

Hi Everyone! First post, long time reader. I am looking to buy a former ACE Hardware building that is a 15,000 sq ft shell for $450k. The kicker, there are only 12 parking spots for customers. There is some "employee parking" in the back. There is no way of expanding the lot. Great traffic count and beautiful brick building that is only 5 years old.

Any ideas for what type of tenants I can get in there? I need a high margin low volume business. What makes the deal even sweeter is that there is a 3000 sq ft out building on the property that currently houses an electrician business. They pay $2000/month. Taxes are roughly $1600/month for the entire property. I am just absolutely struggling to determine if I am going to sit on this forever or if I will be able to find a commercial tenant. I need $3000/month from the 15,0000 sq ft. to break even. Anything above that is profit.

Thank you all!!!!!