Anyone here invest in multifamily or commercial properties - 2CoolFishing
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Old 06-06-2017, 10:58 PM   #1
WGA1
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Anyone here invest in multifamily or commercial properties

I'm looking for different ideas and viewpoints from those that have invested in apartment complexes and/or other commercial properties. I have invested in single family homes for the past 10 years and it looks like I am now selling them. SFH have been great the past few years but I'm thinking it may be a good time to sell and move up in properties...gotta keep growing. Plan right now is to 1031 the properties into a Delaware Statutory Trust as a way of deferring the taxes and positioning the money for a future apartment complex purchase or some form of commercial property...probably will have to invest in a syndication. I am not an accredited investor. Maybe a strange question on a fishing forum but you never know.
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Old 06-07-2017, 09:53 AM   #2
batmaninja
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Big picture wise. The apartment market in Houston has over built class A's and that is effecting rents in all sectors. And land prices still seem to be going up, which is pushing up taxes and lowering returns. Houston and Texas are going to see population growth in the future though, and those people are going to need a roof over their heads.
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Old 06-11-2017, 03:48 PM   #3
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I'm with you SFH are too much maintenance and too little return if one is in an area of town where the property value is too high. Commercial is the way to go, you won't be needing to fix any clogged toilets.
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Old 06-16-2017, 12:09 PM   #4
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I just invest the money in REIT companies. I figure they know better how to mange these investments. My favorite is MAA, I have been invested with them for several year and enjoyed a nice return and some healthy dividends. I see though you have a tax issue if you take the gains. I would be watchful about the property taxes at the moment as they are getting out of control but I think you can still get a nice ROI.

I look for southern based REITs that are profitable and pay a nice dividend. So far I have been happy with that choice.


Now I have been eyeballing a few smaller complexes and duplex site but I can't convince myself to step into that level of commitment.
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Old 10-08-2017, 07:50 AM   #5
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New to multi family

I just bought two properties that are multi family. I have been educating myself on realestate and it just made to much sense not to do it. I agree that the SFH had to low of a return and it seems that almost everybody takes the next step into multifamily so I started there. So far so good and my returns on a 4&6 plex are about 1500-2000 per property per month.

Do the research and you can find them.

I could not get excited on a SFH at 300-500/ month return.

PM me if you want more info.
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Old 10-08-2017, 08:20 AM   #6
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We started doing 1031's over twenty years ago into triple net properties.
Sounds like you are on track to do the same.
We have never regretted going that
Route, and as I get older I like less responsibility as traditionally associated
With the triple nets.

ie; lots of post offices available
Family dollars
IHOP's
7/11's
McDonalds
Arby's
Cvs
Walgreens
The more stable the lease the more valuable the asset.
Perfect question for fishing forum .... the more mailbox money one has, the more free time one has for fishing, hunting and the outdoors.
You just have to choose on the board where to play... Baltic Avenue, Tennessee place, Marvin Gardens, ...

Last edited by fy0834; 10-08-2017 at 08:27 AM.
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Old 12-24-2017, 05:42 PM   #7
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Dumb question

What is a triple net property?
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Old 12-24-2017, 05:45 PM   #8
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Quote:
Originally Posted by Seveler View Post
What is a triple net property?

It's tax, insurance & maintenance.


Sent from my iPhone using Tapatalk
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Old 01-16-2018, 12:08 PM   #9
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I've done a few 1031s. I look for office condos in the fastesr growing areas that I can find. I have them in Round Rock and The Woodlands now. Condos require less management than free standing and office tenants are generally more stable than residential.
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