5 Steps to Buy Your First Commercial Property
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- čas přidán 15. 06. 2024
- This video is going to take you from where you are right now to owning your first commercial investment property. Learn more here: www.commercialpropertyadvisors.com/5-steps-to-buy-your-first-commercial-property
Get your free copy of my best selling book, "Commercial Real Estate for Beginners": www.commercialpropertyadvisor...
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For more great videos like this, go to @CommercialPropertyAdvisors
0:00 Intro: Where Are You Right Now?
1:47 Step 1: Determine Property Type & Area
2:10 Property Types: Multifamily, Self Storage, Mobile Home Parks
6:07 Step 2: Search and Evaluate
6:29 On vs Off Market
10:49 Step 3: Make the Offer
12:40 5 Components of a Contract
13:47 4 Key Contingencies in Your Offer
18:41 Step 4: Due Diligence
19:32 Caveat Emptor
22:24 Step 5: Fund & Close
22:37 3 Ways to Fund Your Deal
26:11 Recap of the 5 Steps to Buy Your First Commercial Property
26:26 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/protege-program/
I have been procrastinating due to how intimidating for someone like me to make the initiative, but Im glad that Peter is not like those other guys who boast about how much exotic cars they have and how big their mansions etc. etc....just straightforward about learning about CRE....Thank You.
Big Boy Business needs Big Boy Knowledge. You rookies are gonna get crushed if you dont get Knowledge
This video is just what I needed. Thank you for posting this. I appreciate it.
Thank you for watching!
You make so much money in breaking bad and now you’re selling house and buying houses😂😂
Thank you for the information , well explain video .
I’ve been watching your videos for about 5 months now and have gotten a somewhat firm grasp on how to buy commercial property, however I guess the only thing for me is the actual taking the first step in calling and looking for properties lol
You should invest in his course ! Super informal and thorough !!!!
That's just the beginning. How will you know if the properties you are looking at are a good deal or not? And where is the money going to come from to buy it? Calling and looking for properties may be part of the process but it's just the beginning. The more action you take, the more you will experience that having a mentor by your side is essential.
Very good. Thank you Peter!💎
Thanks for watching!
Should a real estate lawyer always prepare the purchase contract? Or do you use a state/realtor contract
We use our own contracts that have been thoroughly reviewed and fine tuned by our attorneys. Standard Realtor contracts typically only protect the real estate brokers involved and are deficient for both the Buyer and the Seller.
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Real Estate is too expensive now. Or am I wrong?
People have been saying that real estate is too expensive for hundreds of years. It's neither "expensive" nor "cheap"; it's either you are acquiring real estate wisely or unwisely.