Husband wants to get into commercial real estate

The other one only had 10 units and is a bit more manageable.

My husband is always looking for homes for sale. He really likes the idea of getting rich quickly with real estate. He is on the hunt for single family homes, rental properties, duplexes and commercial real estate for sale. I know in an ideal world he would purchase a mini storage facility. He wants to be a commercial real estate owner. The benefits of commercial real estate is that he wouldn’t have to deal with a typical renter. If you owned a storefront and rented that out, a business owner is a lot different than someone living there full time. They typically treat the property better, pay on time and are a higher class of people. I know with mini storage it is appealing to my husband since there isn’t a lot of upkeep involved. He wouldn’t need to hire a property manager, handyman or contractor. What repairs are needed for a storage facility? As long as water, rodents and roots don’t get in, everything is good. The facility should pay back for itself in a few years. Right now our town has two mini storage places. The one is giant and has almost 30 units that are rented out. It is way too big for just my husband at this point. The other one only had 10 units and is a bit more manageable. The people are working way too much for their facility however. They want more money than they make with the rentals. That is just ridiculous. So it doesn’t look good for my husband at this point.

remodel contracting