After having some success flipping homes for a profit, I decided that it was time to try something a little bigger. I had been crunching numbers on commercial properties in the city for quite awhile, but there were no real good deals that ever made it to my desk. Since investing is a game of numbers, I knew that I just had to be patient and something would eventually come my way.
It took about three months to see an opportunity worth grabbing, but when I did I put an offer in right away.
That was about a month ago.
Since I took possession I have been working to renovate the office building that I purchased as quickly as possible so that I can flip it for a profit. Last week, I was able to get commercial glass doors Los Angeles installed and now all I am waiting for a painter to come Thursday. Once the painting is done, all that will be left is staging the building and then listing it.
I am hoping for a quick sale.
Provided I make enough money on this sale I will be looking for a larger project for my next flip – I think I am ready for a more challenging project.