7 Blunders When Making Offers on Investment Property
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- čas přidán 27. 06. 2024
- Discover 7 blunders when making offers on investment property and how to avoid them. They waste time and money as well as cause unnecessary complications. Far too many investors make these 7 offer making mistakes and this training will help you from falling into these traps. Learn more here: www.commercialpropertyadvisor...
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0:00 Intro
0:31 Blunder #1: Not Working Directly with the Seller
3:46 Blunder #2: Not Doing Your Homework
06:45 Blunder #3: Letting Emotions Get in the Way
08:35 Blunder #4: Not Knowing Everything in the Contract
10:53 Blunder #5: Missing Contract Contingencies
15:25 Blunder #6: Unrealistic Contingencies
18:47 Blunder #7: Not Having a Fully Executed Contract
20:44 Questions or Comments? Text "PETER" to 833-942-4516
Every successful commercial real estate investor has a mentor. Get your mentor here: www.commercialpropertyadvisors.com/mentor
Thanks for the excellent information packed into this video, Peter! For me, I'd say my biggest issue is Blunder #2, particularly not doing the proper market research. There is such a plethora of information out there, it can get overwhelming. Once I fine tune my skills at market analysis, speaking only for myself, the deal analysis and speaking with the sellers should be my sweet spots!
Thank you so much Peter, all the blunders were helpful and I am aware of most but Blunder #6 stood out the most. Very important to have realistic contingencies.
Please know you’re sincerely appreciated.
From the hundreds of CREI videos I’ve watched this video is by far the most valuable. I’d like it ten times if I could. I’m actually going to write down each blunder and pin it on my wall. The contingency blunder really stuck out to me. Thank you!
Always enjoy the videos... now it's time for me to get busy using the information 😁
@@AdamShindle Thanks for watching! It is never too early to get started in commercial real estate investing!
Thanks for this information ....i'm looking forward to joining.....I own 2 investment properties and I think I've made every blunder in this video.......
Due diligence and relationships are key.❤
Thank you Peter, Love from South Africa
Thank you Peter, You are always helpful.
Johnny
Glad to hear that!
Terrific.
I think Blunder #3 is my problem. It takes such a while to get a real conversation with a seller that I get too excited when the seller wants to sell.
Thank you
Welcome!
I have the book and I’m a member how can I get the calculator Peter
In re blunder 7, Is merely a verbal answer enough; and for both why #1&2?
I’m hoping in a year selling my 4 unit to level up to commercial
Hi mr. Peter when buying a strip mall do u have to buy the land when strip mall already exists or just the mall 😊??$$
Yes, unless you obtain a master lease that covers the entire strip mall.
Do you give training to canadians too?
We do! Go here: www.commercialpropertyadvisors.com/protege-program
4-5-6-7 blunde