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...]
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...]
Master Lease Agreement for Commercial Real Estate
Discover the power of the master lease agreement for commercial real estate. For beginners and experts alike, it allows you to control property without having to get a bank loan. It is a foundational tool for all commercial real estate investors. Master Lease Agreement for Commercial Real Estate PodCast Here is a summary of what you learned in the above video: Master Lease Agreement for Commercial Real Estate Works with all sort of commercial real estate deals One of the … [Read more...]
Funding Commercial Real Estate Deals
Funding commercial real estate deals can be accomplished in many different ways; from the traditional ways such as conventional bank loans, to more creative techniques such as master lease agreements. Each funding type has its own pros and cons. In addition, certain properties are unable to participate in certain funding approaches due to condition, location or performance. Also, there is a new kid on the block in regards to financing a commercial real estate project and you'll find out all … [Read more...]
How to Avoid Bad Commercial Real Estate Deals
Understanding what a good commercial real estate deal looks like can be extremely valuable. Knowing if what looks to be a good deal is actually a really bad deal, could save your financial life. Commercial real estate laws are not set up for buyer protection. With commercial real estate, it is caveat emptor (buyer beware). And if you make a mistake, it could turn your dream of financial freedom into a complete nightmare. Discover how to ensure you never purchase a bad deal in this video on how … [Read more...]
UGLY Side of Commercial Real Estate
Just one really good commercial deal can set most people financially free, but the ugly side of commercial real estate is that also, all it takes is one really bad deal to financially ruin you for life. In this training, you're going to discover the ugly side of commercial real estate investing, including a real life example of a terrible deal that has the potential to economically flatten the beginner investor who bought the property. You'll learn priceless lessons on what NOT to do as his case … [Read more...]
Apartment Investing for Beginners
Apartments are an ideal asset class for beginners to get started in commercial real estate. You're about to discover why starting your commercial real estate investing career in Apartments is such a good idea, 7 things to look out for when apartment investing and 3 areas beginning investors go wrong. Plus, you'll here the story of Peter Harris' first apartment deal that helped him officially escape the rat race. And finally, you'll get an action plan on how you can get started right now … [Read more...]
How to Buy Your First Multi Family Small Apartment Building
Discover how to buy your first multi family small apartment building. You'll also learn the personal benefits of owning small multi family apartments, the investing advantages of going "small", how to find the best deals, why you should start with 5 plexes and NOT 4 plexes or below, and finally, 5 different ways to finance your first deal, including if you are short on cash or credit. This is an extremely powerful training that may have a lasting impact on your financial future. Here's how to … [Read more...]
Fire Burns My Apartment Building
One of my apartment buildings was partially burned creating a $1M insurance claim. In this video, you're going to discover what you can learn from this experience so that when disaster strikes (that's right, WHEN, no IF), you can be prepared. Here are the lessons learned from the fire that burned my apartment building: Fire Burns My Apartment Building PodCast Here is a summary of what you learned in the video above: Fire Burns My Apartment Building Teachable Moment: … [Read more...]
