128 Why I Bought Four Commercial Rentals this Year

I made a plan to purchase 100 rental properties back in 2013. When I made that plan I thought I could keep buying great residential rentals in Colorado. I had no idea prices would almost tipple, while rents went up only 50 percent. Because of the market I have had to change the way I invest. I bought my last residential rental in 2015, and have been focused on flipping instead. I like to make goals every year and for 2017 I did not have plan for buying rental property, although I did want to find a new market to invest in and invest in a 50,000 square foot or larger building. I have bought four smaller commercial properties this year, which was better than I could have hoped for. At one point this year I had a 280,000 square foot building under contract, and I have a 70,000 square foot commercial property under contract now. To hear all about my commercial investments, how my strategy has changed, and what I plan to do in the future make sure to listen to this episode of the InvestFourMore Real Estate Podcast.