Quote:
Originally Posted by Robbie
Owned commercial properties up until 2 years ago. The economy got so bad that we lost all out tenants (small business owners) as they went out of business and I lost about a half million dollars in a blood bath.
Think I'll stick to adult from now on. All that stuff outside adult only cost me money the entire time I had it. Adult just makes money with low overhead.
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Man that sucks, don't you get a killer write off when you can't rent them out? What if you were to rent them out for a lot less? Was it in a bad location?
It's crazy, because everyone talks about the home crises, but nobody talks about how hard the Commercial market is getting hit.