INVESTMENT STRATEGY
COMMERCIAL
Is It Time to Switch from Home Investing to Commercial? A CHANGING MARKET DEMANDS NEW INVESTMENT STRATEGIES.
by Neil Timmins
nvesting in property—land, hotels, office buildings, apart -
I
ments, private homes—has long been a moneymaking proposition. Of course, a major investment company or builder, solidly financed and determined to produce only the very top of the line condominiums in Monaco will have different challenges and resources than the average investor. However, for the past several years, even small investors with little experience could get in on the market by “flipping” houses or creating a portfolio of rental properties that could be used as leverage for buying more property and rehabilitating homes. THE BRRRR METHOD Investors who wanted a portfolio of properties would often start with one. The process was fairly straightforward: Interested parties would invest in properties, usually single-family houses that needed to be sold quickly and rehabbed before being sold. Many of these investors built their portfolios using the BRRRR method with their properties. Here are the key components: Buy. The key was finding an affordable property to purchase, under market value. Rehab. Put on a roof and some paint. Fix the plumbing. Tear out
40 | think realty magazine :: september - october 2022
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