Investing in real estate with mid-levels: Go or No Go?

About the Ads

SSdoc33

Full Member
10+ Year Member
Apr 23, 2007
9,216
3,304
276
  1. Attending Physician
depends what it is for. just because some has an RN after their name doesnt mean they dont have the "right" to be right. im not sure if that comment was tongue-in-cheek.
 

ragnathor

Full Member
10+ Year Member
Jan 10, 2007
836
513
266
  1. Attending Physician
I'm not one to time the market but if I were to pick a time to invest in real estate development it would not be now.

I spent the last several months looking closely at residential real estate on my area and the risk/reward does not look better than what I can get in the stock market or REITs.
 

gdub25

Full Member
7+ Year Member
Mar 25, 2013
479
437
216
  1. Resident [Any Field]
My advice would be don’t let pride get in the way of a good business decision. I don’t think commercial real estate is a good deal right now with everything that’s going on in the world, more and more businesses working from home means potential downside in the next few years. However, doing a deal with a cRNA or any other type of mid-level shouldn’t be avoided just because of the type of profession they are in. I hate them overstepping their bounds in medicine as much as the next guy but I like to think I’m a solid enough businessman to swallow my pride and do a good deal if one presented itself.
 
  • Like
Reactions: 1 users

Agast

Full Member
10+ Year Member
Sep 14, 2009
1,737
1,710
276
the river lethe
  1. Attending Physician
If you’re looking at a pure real estate/landlord scenario it doesn’t matter what your partner’s educational background is, it matters where their business sense is at. I wouldn’t let emotions get in the way of a good deal. Who cares if a CRNA gets rich owning 5 Jimmy Johns as long as they’re not asking you to sign charts remotely. But you need to be able to respect your partners and if you can’t separate your feelings from medicine to real estate I wouldn’t do it.
 
About the Ads
This thread is more than 1 year old.

Your message may be considered spam for the following reasons:

  1. Your new thread title is very short, and likely is unhelpful.
  2. Your reply is very short and likely does not add anything to the thread.
  3. Your reply is very long and likely does not add anything to the thread.
  4. It is very likely that it does not need any further discussion and thus bumping it serves no purpose.
  5. Your message is mostly quotes or spoilers.
  6. Your reply has occurred very quickly after a previous reply and likely does not add anything to the thread.
  7. This thread is locked.