JF477: You Should Have Bought This Mixed-Use Property!
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He purchased a beat up, mixed-use, multiplex that is worth well over $150,000 more than what he initially paid. Inside? Well, he had a commercial tenant and two other residential tenants…and immediately raised the rents! He offered a rent discount in the first year for his rentals to add value and quickly occupy the property. Hear his specific advice for tenant retention and finding great deals!
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Ash Patel’s real estate background:
- Based in Cincinnati, Ohio
- First property was a mixed use property and saw both residential and commercial real estate pros/cons
- Previously had a 15 year career in IT but left to pursue startups and IT consulting
- Total value of properties he owns is $6,000,000 and owns 7 properties
- Here’s his Best Ever book he’s read, Trump Strategies for Real Estate: Billionaire Lessons for the Small Investor
- Please Take 4 Min and Rate and Review the Best Ever Show in iTunes. .
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