One of the first properties that I ever purchased in the city of Jacksonville was a commercial office building that needed major renovations. I won a settlement after an accident plus I had a lot of money. The office building was well below market value, however it needed a lot of renovations plus repairs. That was the major reason why the owner of the office building was liquidating the property. I came up with a money offer for the office building plus the order accepted the offer. In less than two weeks, I was the owner of a commercial home in Jacksonville, FL. The commercial office building located downtown took multiple months to renovate. All of the plumbing plus electricity needed to be updated. My associate and I also added a brand new heating plus cooling system. After the major renovations were complete, I decided to start renting out space in the office building. I didn’t have to rent the office spaces for a large amount of money, because I was well under budget after getting the commercial office building for a money offer. It’s been 5 years since I purchased that office building for money in Jacksonville, plus all of the commercial offices are filled with tenants. The commercial office building is one of the largest money cows in my entire portfolio. I receive money in the black each month. Even after paying for all of the updates plus repairs, I still make money on that property. I don’t have many rental properties, however the office building is one home that I will keep until I retire.