Looking to Buy a Commercial Property? (Here is Our Advice)

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Looking to Buy a Commercial Property? (Here is Our Advice)

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We have (only) one that’s mortgage free that the business tenant pays all maintenance and expenses as needed. It’s a solid way to go if you can swing it (but still have cash reserves and proper insurance in place - can’t stress that enough).

genxretiree
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What’s the ‘251000’ on the shelf behind you?

Wbrewster
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Great advice. 👍 Thanks. I want to prepare to acquire a commercial property during the coming year. That personal guarantee requirement sounds painful. 😖

pdavis