Latest / Property Profits Real Estate Podcast
Turning Old Bungalows Into Turnkey Restaurants with Ray Smith
Ray Smith found a real estate niche hiding inside old neighborhood houses.
Instead of buying another standard residential property, he converts old bungalow houses in St. Pete into turnkey restaurant spaces. He designs them, builds them out, handles many of the major requirements, and gives restaurant operators a space that can be much closer to opening day.
Ray started in commercial real estate in 2013 after buying a multi use building for his office. From there, he bought more office properties and eventually began turning some into restaurant spaces.
He explains why he often does not…
The skinny
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