Yes, just registered & began a search for “commercial property” & found the thread.

Now, I’ve got work on getting my 3 houses to be
cashflow (+)ve (only one of them is at the moment),
so I’ll keep plugging away.
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Don’t forget to divide the weekly rental in half before multiplying by 1000.

As such, weekly rent = $351.35
Divide by 2 = $175.68
Purch price approx $175,680.

>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
Applying 11 ss rule:
Weekly rent : $18,270/52 = $351.35
Purchase price : $351.35×1000= $351,350.-
(well above the sale
price isn’t it?)
Pittfalls??
Is it a…[Read more]