How to find doctors to sublease space from me

[deleted185747]

Current setup: full time at the VA. One day a week doing medicolegal exams and reports as side job. I rent space from an orthopedic surgeon who does medicolegal full time. He’s retiring soon and I’ll need to find a new spot for exams and depos. I’m thinking of buying commercial real estate for this but it would sit empty 90% of the time and it would be cheaper to find someone else to sublease from. There’s also a company Regis that rents office space by the hour but it might be weird to do an exam there. My question is if I setup the office like a typical dr office with exam rooms, where could I find doctors who need the office a few days a week? Would want this to cover my payment.

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[RoloTomassi]

If you are only there 10% you should probably be the one leasing, unless you think it'll be a good investment. I'm sure you can find a chiro, PT, or any office based medical practice that has multiple satellite offices that aren't always in use. Any medical office building on a hospital campus should have plenty of sublease options.

 

[NJPAIN]

Inform the medical staff office at local hospitals. I sublet space most of my career and often found it through medical staff office, Local medical society is another place.

 

[Pain Applicant1]

Current setup: full time at the VA. One day a week doing medicolegal exams and reports as side job. I rent space from an orthopedic surgeon who does medicolegal full time. He’s retiring soon and I’ll need to find a new spot for exams and depos. I’m thinking of buying commercial real estate for this but it would sit empty 90% of the time and it would be cheaper to find someone else to sublease from. There’s also a company Regis that rents office space by the hour but it might be weird to do an exam there. My question is if I setup the office like a typical dr office with exam rooms, where could I find doctors who need the office a few days a week? Would want this to cover my payment.

I own my own building and I own my own practice, which rents from my company which owns the building. I rent out all of the suites in my building to other businesses and organizations. I sublease the back of my office suite to a counselor/therapist lady. I also sublease my office suite on Saturday to a disability company and on Friday and Saturday to a cardiologist on the Saturdays the disability company is not there.

You can look on LoopNet, now costar, for available suites. They hold the lion's share of the commercial market, unfortunately. It's really a monopoly but shouldn't cost you as the renter anything. The landlord gets pummeled with costs (not worthwhile nor necessary IMO). You can also drive around your town/city looking for signs. You can also cold call offices. That's how the cardiologist found me. Commercial advertising does not work as residential does.

If you want to become a commercial real estate owner just do the math. Figure out what rents bring in and how much it will cost you. It may be worth it to you. Keep in mind that if you do that you have just entered a new career as the building needs to be managed. Those who say real estate investing is passive typically aren't real estate investors.

 

[drusso]

Those who say real estate investing is passive typically aren't real estate investors.

Pelosi, Schumer, AOC, Biden, disagree...

 

[Pain Applicant1]

Pelosi, Schumer, AOC, Biden, disagree...

Lol! That sounds about right.

 

[ziggyziggy]

Current setup: full time at the VA. One day a week doing medicolegal exams and reports as side job. I rent space from an orthopedic surgeon who does medicolegal full time. He’s retiring soon and I’ll need to find a new spot for exams and depos. I’m thinking of buying commercial real estate for this but it would sit empty 90% of the time and it would be cheaper to find someone else to sublease from. There’s also a company Regis that rents office space by the hour but it might be weird to do an exam there. My question is if I setup the office like a typical dr office with exam rooms, where could I find doctors who need the office a few days a week? Would want this to cover my payment.

Have you looked into : Virtual office space in your area.

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