Real estate investment clubs

Most of the bigger cities in the United States have a number of local real estate investment clubs. These groups provide great opportunities to network and meet with other investors who have a similar interest in commercial property. The members typically include just about everyone beginning investors, those interested in investing in homes, commercial investors, real estate brokers, real estate attorneys, title company officers, appraisers, and others who make their living from the various...

Crash Course in Commercial Real Estate Investing

Understanding the basics of commercial real estate Surveying the types of investments available Discovering the tools you need to get started Debunking the myths of investing in commercial real estate Keeping timing in mind when selling, buying, and holding hat comes to mind when you think of commercial real estate Downtown skyscrapers Corner strip malls Apartment complexes Okay, that's a good start. But have you thought about being the owner of one Too complex you say Too expensive you think...

Can I make money at commercial real estate investing

This is one question that we have a definitive answer for Yes We know that you can make money investing in commercial real estate for three reasons 1 If we can do it, you certainly can too. Both of us started from modest beginnings and we aren't special by any means. In fact, coauthor Peter Conti used to be an auto mechanic. Coauthor Peter Harris was an introverted engineer. 1 We are blessed to be surrounded by our Commercial Mentoring Program students who for the most part have started with...

Getting to Know Commercial Real Estate Investing

This part is where you might just fall in love with commercial real estate investing. Understanding what types of property make up commercial real estate and getting past some of the biggest myths about it will provide a strong foundation that you can use to support all the other in-depth information you get in this book. In this part, you also discover just how simple it is to quickly determine the value of any commercial property. After you understand this formula, you'll be able to...

Attracting owners with reports

Rather than trying to chase down all the commercial property owners and hoping to approach them at just the right time when they're ready to talk about selling their property here's a better way Create systems that allow commercial property owners to be attracted to you. For example, one thing we have done is to create a special report called Three Little Known Ways to Increase the Value of Your Commercial Property. We tell commercial property owners that we have this valuable report available...

Location The unchangeable factor

As we mention earlier, location is a key factor in understanding what creates value in commercial real estate. How does location create value One way is job growth. If a city has gone out of its way to attract and entice employers to open up businesses there, that causes economic growth to occur. And economic growth affects real estate value in a positive way, just as a city with negative economic growth causes real estate values to fall. Certain neighborhoods or districts are better bets than...

Why secondary financing works

One of our favorite methods of buying properties is to buy them subject to the existing first mortgage. That way, you don't have to go out and find a new loan. And then you can have the seller to carry back secondary financing on top of the existing first mortgage. The fastest way to increase the cash flow from a property is to refinance it with financing that has a lower interest rate. You already have lenders with good rates, you say Guess what The right sellers will give you even lower...

Timing the Commercial Real Estate Market

Wouldn't it be great if you could time the commercial real estate market precisely For instance, what if you could predict what the office building market would do five years from now in your town Imagine if you had a process and procedure for knowing the perfect time to buy in a certain market. Well, here's a secret None of this exists. Sorry for bursting your bubble But if we could predict such things, we'd be living on our own islands off of Tahiti. But here's the good news. Remember the old...

Dealing with seller objections

When negotiating, sellers are more than likely going to raise some objections to some of your creative financing options. But don't worry This section shows you how to respond and change their minds. Objection 1 I don't Want to master lease it I just Want to sell it When this objection comes up using the Master Lease technique , the sellers are usually thinking about their families. They want their families to be able to keep the money that they leave when they die. This way, they don't have...

Tried and True Tips on Surviving and Thriving

Because this book is about investing successfully in commercial real estate, and this chapter is about why and how properties fail, we need to discuss ways to avoid failure. But we have to do this with caution. We don't want to put too much impetus on failure or even avoiding failure because there's a big difference between winning at something and not losing at something. Some may think they're of the same focus, but they aren't. Consider it this way When you go into a game to win, your focus...

Free Gift from the Authors Your Bonus Commercial Quick Start Training Package

Here's your chance to join the authors for over six hours of training that just wouldn't fit in the book so that you can hit the ground running with your commercial real estate investing. You'll get to listen in, watch, and respond as they guide you in putting together highly profitable commercial deals. i Over 6 hours of audio and video commercial investing training sessions i Special form Addendum A, which gives you up to 90 days to decide if you want a deal or not i A Quick Start exclusive...