Most people do not have the right mindset to own commercial real estate and that's why they don't own any. In fact, of all the difficulties with becoming a commercial real estate investor, arguably the most challenging is the replacing the wrong mindset with the right one. In this training, you'll discover what the wrong mindset looks like, where it comes from and why so many people have it, and most importantly, how to overcome it so that you can think like a wealthy commercial investor and … [Read more...]
Real Estate Investment Trusts for Dummies
Over the years I have been asked many times, "What is an R-E-I-T?", commonly referred to as a real estate investment trust. People want to know how they can invest in REITs and whether or not Real Estate Investment Trusts produce good returns. There are many benefits and disadvantages of investing in an REIT and I would love to share them with you in this blog. I will provide you with some Real Estate Investment Trusts basics to help you decide if they are right for you or if you are better off … [Read more...]
Why I Invest in Section 8 Apartments
Apartments and you're about to discover why. The reality is that if you have terrible Section 8 tenants who destroy your property, that is your own fault. What's so wonderful about Section 8 is that the government guarantees payment on 80-100% of your rents, will give you a rent increase of 5-8% a year and there is also usually a large pool of tenants to choose from on a verified wait list! What you're about to learn is is how to own and operateSection 8 Apartments like I do so that you maximize … [Read more...]
Why Aspiring Commercial Investors Fail
While many commercial investors succeed beyond their wildest dreams, there are other commercial investors fail miserably. What causes such a great disparity? Why do some aspiring investors fail? In addition to all we have learned from decades of mentoring others, we also reached out to the best and brightest in the industry to assemble a list of the most costly mistakes that commercial real estate investors can commit. The following are 7 incredibly destructive reasons why some aspiring … [Read more...]
Basics of Real Estate Syndication
Real Estate Syndication is the phrase used to describe the concept of pooling the resources of and bringing together several different real estate investors in order to do a large commercial deal. In this video, you'll discover the basics of real estate syndication; from the 4 most important things to know when raising capital, to the 3 way you can profit from syndicating real estate, how to find private investors, how to convince investors to invest with you, the top 3 questions all investors … [Read more...]
6 Ways to Raise Down Payment Money for Commercial Real Estate
Let's face it , commercial real estate deals oftentimes require big down payments. Many new investors run into problems trying to save up that money themselves. They may even come across a great 36 unit apartment building that cash flows $5,000 per month, but they may not have the $200,000 to close a deal. What should they do? Give Up? In this training, you're going to discover how to raise money for commercial real estate from private investors using creative investing, self directed IRAs, … [Read more...]
How to Get a Commercial Hard Money Loan
You're about to discover how to finance commercial real estate opportunities that normal banks will not lend on by using a Commercial Hard Money Loan. In this detailed training, you'll learn the basics of Commercial Hard Money, an example of a deal funded with hard money, the major differences between hard money and traditional commercial bank financing, answers to the 3 most common questions people ask on the subject, how to steer clear of fraudulent hard money lenders and the best resource for … [Read more...]
Commercial Real Estate News You Can Use
You're about to discover the best news sources you can use to stay up to date on what's going on in the commercial real estate world. These are the very same information outlets that our team uses to stay on top of trends and changes in the industry. Not only must the news source be of the highest quality and accuracy, but furthermore, it's critical that each come from a slightly different perspective. Specifically, the 5 different perspectives we choose to focus on are; National, Asset Type, … [Read more...]
Secrets to Refinancing Commercial Real Estate
Why Refinancing Commercial Real Estate? What's so important about refinancing commercial real estate? I have three compelling reasons. 1. It can immensely increase your cash flow and your cash-on-cash return, your ROI, on your investments. You can pull out cash from the property that's tax-free to either buy another property, to do necessary repairs or to do renovations and increase the rents. In my opinion, win, win, win. It's what most successful investors do to keep their money … [Read more...]
Tax Benefits of Commercial Real Estate
What are the tax benefits of commercial real estate? I recently received two very intriguing questions from my YouTube channel comments. The first question was, "Peter, how does Donald Trump and other billionaires make a billion dollars in a year and not pay income taxes? How is that possible?" The second question was, "And with Donald Trump and other billionaires, how can their tax returns show a paper loss of $975 million in one year and that be a good thing? How can that be?" Well, the short … [Read more...]
Can Anyone Invest in Commercial Real Estate?
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 … [Read more...]
Arnold Schwarzenegger Started His Empire with a 6 Plex
I'd like to share with you how Arnold Schwarzenegger, the Terminator, started his empire with a 6-plex. Even before Arnold Schwarzenegger became the godfather of modern bodybuilding, before he became a mega movie star, or even before he was the governor of California, he was a beginning commercial real estate investor. You see, the foundation of Arnold's success was not his 6 pack abs.The foundation of his success was a 6-plex apartment building he purchased in Santa Monica, California a long … [Read more...]
Choosing the Right Commercial Real Estate Broker
Years ago, I spent several years working for a prestigious commercial real estate firm while researching for my Dummies book. What I discovered is that commercial real estate agents are a different breed. They're a different breed of people. They're highly skilled but well-respected. Getting to know how they work and function in their jobs is critical in choosing the right one to work with. Don't you agree? Well, many people like yourself are intimidated by commercial real estate agents. I … [Read more...]
7 Commercial Real Estate Terms You Should Know
You're about to discover 7 commercial real estate terms that you should know if you plan on investing in commercial real estate. These 7 terms are mandatory to understand on any property you are looking to purchase. There's a quote I want to share with you from the Greek philosopher, Aristotle. He says, "Educating the mind without educating the heart is no education at all." I truly believe that. What I want to do in this short training is very quickly share with you what's in the heart of every … [Read more...]
Secret to Commercial Real Estate Success
https://youtu.be/0gSGg2dusgE The Secret to Commercial Real Estate Success Let me start off with this, do not buy or invest in any commercial real estate of any type without knowing what I'm going to share with you, just give me a few minutes and you'll see why. Let me start off with three questions. Question 1 Have you ever over paid for a property? Do you know of anyone who have ever over paid for commercial property? It's not a good feeling, and it's not a good position to be in. Question … [Read more...]
Distinguishing Good Deals from Bad Deals in Commercial Real Estate
You're about to discover a very powerful way to determine what a truly good deal in commercial real estate looks like and what a bad deal looks like. On the surface, it can be quite different; but below the surface is where you really find out which ones are the winners and which ones are the losers. You'll see examples of real deals to help you better understand the methodology of distinguishing the good deals from the bad deals. Plus, you'll learn invaluable tips and rules of thumb that can … [Read more...]
Exit Strategies For Commercial Real Estate
Well, first things first, you've got to know your exit strategy before you invest in any commercial real estate investments. If you don't, what you're telling yourself is that it's okay to not maximize your cash flow and it's okay to not maximize your profits when you sell, but knowing only your investment goals is half the story. You must also know how and when to sell the property. Question for You What's the commonality between an exit strategy and an astronaut? NASA astronauts wouldn't … [Read more...]
Creative Financing for Commercial Real Estate
It's really important that you know how to structure deals that no one else does. What if you don't have enough of a down payment? How do you close that deal? What if you find a great deal that's distressed? How do you finance something like that? What if the seller has a great property with great upside, but has no financials? How do you creatively structure and close that deal? Well, in my experience, real estate agents are not the best source to learn how to be creative in commercial real … [Read more...]
How to Make Commercial Deals With Distressed Sellers
We teach our students and clients all across this nation how to find commercial property owners quickly, and then we show them how to talk to them, how to find the seller's motivation, and, lastly, how to structure deals around those motivations. As you go out there and you generate leads and run into owners of commercial real estate, you're going to run into owners who are doing okay, and some owners who are not doing okay. We're going to focus today', on those who are not doing okay, and have … [Read more...]
Creative Financing Using Second Carry Mortgage
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...]
