#8 in Real estate books
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Reddit mentions of Crushing It in Apartments and Commercial Real Estate: How a Small Investor Can Make It Big
Sentiment score: 2
Reddit mentions: 2
We found 2 Reddit mentions of Crushing It in Apartments and Commercial Real Estate: How a Small Investor Can Make It Big. Here are the top ones.
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| Release date | January 2017 |
Here's a good starter book:
https://www.amazon.com/Crushing-Apartments-Commercial-Real-Estate-ebook/dp/B01N6DKA10/ref=sr_1_1?ie=UTF8&qid=1499651167&sr=8-1&keywords=crushing+it+in+apartments+and+commercial+real+estate
Commercial real estate is where the big boys/girls play. Houses are nice but take too much time when you have a number of them. Typically you can only do so much to increase their value. In commercial real estate you can dramatically increase the value of properties by reinvesting in them properly.
I don't have a specific answer but with your financial profile you can definitely do it. I highly recommend you read Crushing It. He goes through lots of scenarios for evaluating and doing deals.
On the triplex question, you mainly want to focus on 20% downpayment and getting a debt service coverage ratio of at least 1.25.
Also, check out BiggerPockets.com. They have tons of articles about how to do these kinds of deals.