A real estate investor spots surplus empty mixed-use and office buildings between his location and Washington, D.C., and wants partners to acquire and flip two commercial properties this year. He's looking for experienced collaborators to handle the renovation and resale.
So I see a lot of opportunity in commercial right now. I'm sure where you live, you see a lot of empty buildings. So I'm looking for partners that may have some— may have some experience, but I'm looking to flip 2 commercial real estate deals this year. I don't know. What is it?
What does that mean? What does that look like? So explain that to me. When you say flip to commercial properties this year, what comes to your mind? What kind of properties and what would you do to fix them up and sell them again at a profit?
Well, so I don't live that far from Washington, D.C., about 2 hours from me. And I noticed that between here and there, there is a lot of commercial mixed-use And office buildings, they, you know, that are for sale.
