It's really important that you know how to structure deals that no one else does to give you the upper hand. A typical real estate agent may or may not know how to be creative but for the most part, they're not interested because it may affect their commission. From my experience, nearly 95% of all property owners, the sellers, don't have a clue on how to safely structure creative deals. Why Second Carry Mortgages? Have you ever heard of these terms or these phrases before when you're looking … [Read more...]
Commercial Cash out Refinance
There are some things in the commercial real estate business that you want. There are some things that you need, and there are some must-haves. The commercial cash out refi is a must-have. What Exactly is a Commercial Cash Out Refi and How Can it Help You? The commercial cash out refi is a very common strategy of putting your property into position to refinance the current loan and pull out your original down payment as cash. It's also a very important skill to have if you want to be a … [Read more...]
Buying Commercial Real Estate without Bank Loans
Discover how to buy commercial real estate without using bank loans. You'll learn about creative financing techniques such as master leases, seller financing and installment sales. This is a must watch video for anyone interested in commercial real estate investing. 7 Reasons to Use Creative Financing in Your Commercial Real Estate Deals 1. The first reason is leverage, lower down payment, not having to deal with banks. 2. You have the cash resources but not the credit. 3. If you … [Read more...]
Big Cash or Big Credit at Closing
How to get Big Credit or Big Cash at Closing on Your Commercial Deals Why Getting Cash or Credit at Closing is Good 1. It makes you look good and it makes your deals even better. 2. Your buyers come out of pocket less at closing by the amount you negotiate. If you can negotiate a credit or cash at closings, your buyer will come out of pocket less by that dollar amount you negotiate. In their eyes, you'll be a super star. 3. Raises your cash and cash return a … [Read more...]
Is Bigger Better? Commercial vs Residential
Is bigger, better? Is commercial real estate a better investment than residential. You're about to join me in the studio with a radio host as we discuss this all important topic. You'll learn about the economies of scale that commercial multi family properties create, the reduction in downside risks when experiencing vacancies, the productivity of using the same amount of time to do larger deals, the removal of emotions from selling decisions and much more. Most importantly, you can decide … [Read more...]
Getting Started in Commercial Real Estate
Before getting started in commercial real estate, there are several questions you should ask yourself. Why commercial real estate? What do you bring to commercial real estate? How much desire do you have to be in commercial real estate? Where geographically do you want to be doing deals? After asking these questions, there are several other important details to consider that you're about to discover in the following video on getting started in commercial real … [Read more...]
Commercial Real Estate Investing for Dummies
Commercial real estate investing for dummies as described by the author himself. You're about to discover why commercial real estate is so powerful, what types of real estate are defined as commercial as well as a simple 3 step process for evaluating any commercial property quickly and easily. Although some are intimidated by commercial real estate, let Peter Harris "dumb it down" for you. Commercial Real Estate Investing for Dummies PodCast For those who have read Commercial … [Read more...]
5 Best Commercial Real Estate Types for Individual Investors
You're about to discover the 5 best commercial real estate types for individual investors. Many of the iconic commercial properties you drive by everyday are owned or controlled by larger investment firms, such as real Estate Investment Trusts (REITs), Private Equity Funds, Trusts and other large institutional investors. Competing against those folks can be difficult because they have virtually unlimited amounts of cash and only require a small return on their investment dollar. For individual … [Read more...]
Using a Letter of Intent for Making Offers on Commercial Real Estate
Discover why successful commercial real estate investors use a letter of intent when first making an offer on commercial real estate and how you can too! In this quick training, you're going to learn what an LOI (letter of intent) is, the 3 main purpose of an LOI, the 3 biggest advantages of an LOI and best of all, at the end, you can download your very own copy of the Letter of Intent Peter Harris uses on his own deals! Here's the video training on how to use a letter of intent to … [Read more...]
Analyzing Commercial Real Estate Quickly and Easily
Analyzing commercial real estate is not nearly as complicated as it may at first appear. In fact, once you have the basic information about the property, analyzing the deal can be done quickly and easily if you understand the 5 basic terms. Income and Expenses: The income is all the money produced from the property (rents, etc) and the expenses are all the costs involved with owning and maintaining the property excluding the mortgage payment. Net Operating Income (NOI): This is how much … [Read more...]
