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Originally Posted by 68style
That's very encouraging, it's easy to read articles saying it doesn't work or they won't help you out... but good salient point, sometimes just calling and asking is all the difference.
All my friends didn't think you could have an account in the USA but I just drove down and asked a bank to do it and they're like sure thing. Super handy.
What cities do you usually invest in for commercial? Do you tend to lean toward states with more owner-centric rental rules?
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Commercial is a different animal. Everything is laid out in contract or the lease agreement. There’s not much the government would interfere as long as your lease agreement is fairly standard to the market.
As for location to invest, we tend to focus on cities where there’s a stable increase in population and job opportunity. Because ultimately, the value of CRE is heavily dependent on what people can afford to pay. And the more business there’s to do, the higher the rent over time.
It’s unlikely to have a say double in valuation in 5yr span. But the idea is to double every 10yrs or so. As a CRE investor, we focus on the long term stability of rent rather than short term increase in valuation.