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-R. Collier
Commercial & Multi-Unit Rentals
In this episode, we invited Brandon Bennett on to chat with us about how he really tripped into investing in rental property, specifically commercial and multi-use buildings.
By multi-use we mean both commercial and residential rentals. He shares how he just happened to make an offer and get it accepted on the first property and how that first property led him down the path of commercial rentals. Commercial property for sale and lease is a great way to make money. You can buy or lease with an option to buy. It's a flexible type of investment that you can't make a mistake buying it. Commercial property is a great way of making money. You can buy or lease with an option to buy it. It's a flexible type of investment that can't go wrong when you do it.
Now, he has 6 buildings and 4 plats of land in his portfolio.
He also shares some insight into finding financing for his commercial buildings and what the terms of the financing looked like for his purchases. In addition, Brandon shares how he has leveraged investing with a partner and what the structure of that partnership looks like.
In the show we discuss:
- Brandon's initial offer on the commercial property
- Why he made that first offer
- What made him decide to stick with commercial/multi-use properties
- Some of the numbers on his deals
- How his local bank financed the deals
- Using partnerships to grow his portfolio
- and more...
Links Mentioned in the Show:
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