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Old 03-29-2007, 02:04 PM
tommy2 tommy2 is offline
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Join Date: Jan 2004
Location: Chicago, IL
Posts: 249
Default Re: Ask tommy2 about Real Estate

[ QUOTE ]
Tommy-
Lots of people asking about individual RE, but any ideas about commercial, since that's what you do? There's an area nearby to me that seems prime for expansion with some available land, but I'm a commercial noob. I figure with the downward market forces it might be a good time to get in "on the cheap", but I'm sure I'm likely wrong since none of the pro's have done anything with the area I'm considering.

How could I get experience with small commercial projects? Is it possible to do significant commercial development as a part-timer? Can someone do a strip-mall type project from scratch? Any way of approaching established developers to partner with?

Thanks!

[/ QUOTE ]

By the way, I consider this to be THE story to watch as far as interest rates and macro RE stuff:

http://www.globalresearch.ca/index.p...articleId=5039
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