Are you intimidated by the thought of buying a commercial property? Well what I am about to share about commercial estate is no more complicated than buying a single family home. Are you thinking that you need lots and lots of cash and perfect credit? Not so the case. In this blog I am going to share how you can buy your first commercial property creatively.
Where Do You Begin?
It begins with my book, “Commercial Real Estate for Beginners” and it’s free for you today by clicking on this link to download a copy. You see, I wrote this book for beginners and professionals. For the person like myself who was stuck in a corporate job, wondering if this job was going to be my retirement vehicle. The answer is no, of course. A job is not a retirement vehicle. I want to teach in this book how to be the CEO of your own life by investing in commercial real estate.
I also wrote this book for the person who’s maybe has a lack of retirement or no retirement at all and you’re getting up there in age. You know who you are. There’s no better time than right now to invest in commercial real estate. It’s never too late, no matter where we are in the market. I wrote this book for the single family home investor who wants to take their cash flow and net worth to the next level. Commercial real estate is your ticket. Let’s go over a few things that you’re going to find in this book.
- I’m going dispel the myth that commercial real estate is difficult.
It is not difficult. All you need to do is have access to the internet, have a cell phone, and have the ability to do simple math. There’s no licensing required. There’s no college degree required. Anyone can invest in commercial real estate.
2. The 10 commercial real estate opportunities that exist today
- Apartments
- Sub-storage
- Office buildings
- Shopping centers
- Mobile home parks
- and the list goes on
3. I’ll share with you the 4 guiding principles of investment.
You do not buy any commercial property or any income-producing property without first understanding these 4 guiding principles of investing. Anyone can do this.
4. I’m going to show you how to calculate by using 3 examples.
How to calculate the cash flow and ROI which is your return on investment. These are the 2 pillars of any income producing property. Do not buy any property without first knowing how to thoroughly calculate the cash flow and return on investments, and why you should become a commercial real estate investor.
Why YOU Should Become Commercial Real Estate Investor
I learned from my mentor that when you have a why and it’s clear and it’s powerful, then the how becomes not so difficult. Let me share with you 3 compelling reasons why to become a commercial estate investor.
- You’re in Control
You’re going to have 6 controls that you would not have in any other investment. For example, if you were to buy a stock in the company, you would not have these 6 controls. The owner of the company has those 6 controls. I want you to have control of these 6 items by owning commercial real estate.
You have control of the income, how much income is coming in, how much income is going out on the expenses. You have control of the asset. You want to sell it or refi it. You have the ability to put debt on the property. Management, you have, be able to hire and fire the management at will, and lastly insurance, just in case of loss.
Again, when you buy a stock in the company, you did not have these 6 controls, but in commercial real estate, we have these 6 controls. Why is this so important? It’s important because these 6 controls equal predictability. In this day and age, in this world economy, in this national economy, we all need predictability.
2. You’re going to have life options.
Commercial real estate affords you life options. Wouldn’t you like to have the option of working less or pursuing a passion without having to worry about the bills or possibly paying cash for your kids’ college. Commercial estate affords you those options.
3. All it takes is 1 commercial deal to dramatically effect your financial life
For the rest of your life, including your children’s lives.
Thanks for bringing up some of the useful information which I think would be very helpful for newbies who wants to invest in commercial property. In my point of view, investment in commercial property is one of a stable way of investment which assures steady cash flow to the investor.