Save Yourself Months (or years) Of Trial and Error By Using Our Blueprint to Investing in Commercial Real Estate.
You can learn commercial real estate on your own. Like anything new, there's a learning curve and expect to take more time and some trial and error.
The hardest part, after figuring out the "Game of Commercial Real Estate" is securing the capital and finding the right people to work with who you can trust.
The wrong brokers, lenders, lawyers or general contractor can set you back years (I know, from experience).
In my experience, the newbie investor, is subject to what many sophisticated CRE investors call "Dumb Money?".
They are easily spotted and sold properties no sophisticated investor wants.
I don't share this to scare you - just to make you aware. The game of CRE investing is high stakes and a mistake isn't $10k or $50k. It could be millions. When I got into the business, I saw a wealthy Dentist and Residential Real Estate Investor lose more than $6,000,000 investing in 1 wrong deal.
Regardless of if you talk to me - find someone that is going to shepherd you through your first deal.
Someone who has your best interest in mind. Who is not incentivized or conflicted because they are making a fee when you buy.
If you're not familiar with my journey into Commercial Real Estate investing - it started when I quit my 6-figure job, corner office job in 2007, to go full time with my father-in-law finding deals, raising money and investing.
Our first property took about 18 months to find. During that time, I was not paid. I was living off of savings. I knew this was where I was going to create true wealth- but, I didn't realize how challenging it was, without a map.
See, many of the successful CRE investors do things unconsciously. They see a property and know in minutes if it's a good deal. But, that's not very helpful or a novice investor. I looked at well over 300 properties before we closed on 1. But, after we closed on the first deal, the 2nd property only took 6 months to find.
As I learned the Game of CRE, I started to create models and frameworks. What properties fit our investing criteria and which ones didn't.
What things need to be in place to move forward? I needed a simple way to evaluate deals (which became my 8 Non-Negotiables).
The reason, I don't give a 1 Size Fits all, cookie cutter investing plan: is because markets are cyclical. And, every investor has different objectives, resources and experiences.
There is no 1 strategy that works all the time for everyone.
But, there are Principles that are universal and when applied, can streamline your success to start investing with confidence and clarity.