Commercial vs. Residential Lending
Commercial vs. Residential Lending When it comes to real estate, sales are broken up into the two following categories: * Residential property: From a lender’s point of view, residential property is your personal residence, which is more than likely a single-family home. A property that contains two to four family dwelling units — duplexes, […]
The Legal Due Diligence Checklist
The Legal Due Diligence Checklist This is checklist #3 in this 3 part series. These checklists are going to be your very best friends when it comes to not missing a single step of your due diligence. The items on each of these checklists are to be asked for and obtained within your due diligence […]
Managing the Due Diligence Process
Managing the Due Diligence Process The due diligence process is a long one. It’s like a tape measure that shows stuff to do every inch along the way. Sometimes it can seem like it will never end, and so it requires good time management and a great deal of focus. But don’t worry, when broken […]
The Financial Due Diligence Checklist
The Financial Due Diligence Checklist This is checklist #2 in this 3 part series. These checklists are going to be your very best friends when it comes to not missing a single step of your due diligence. The items on each of these checklists are to be asked for and obtained within your due diligence […]
The Physical Due Diligence Checklist
The Physical due diligence checklist This is checklist #1 in this 3 part series. These checklists are going to be your very best friends when it comes to not missing a single step of your due diligence. The items on each of these checklists are to be asked for and obtained within your due diligence […]
Developing Basic Business Systems
Developing basic business systems When you’re about to purchase a commercial property remember that what you’re really about to own is a full-blown business. You’re making a huge financial commitment, no matter how much of a down payment you make. Just as with any other business, you have customers — the tenants that you lease […]
Should You Manage Your Own Commercial Properties?
Should You Manage Your Own Commercial Properties? Commercial properties are similar to cruise ships in some ways. If you have a successful, well-informed captain steering the ship to your destination, you’ll get there and have lots of fun doing it. You may even relax a little. However, if your captain takes you off course and […]
Networking Your Way to Success
Networking Your Way to Success You can get started building your commercial real estate network online. This means you get to choose the times of the day that work best for you, and there’s no traveling to in-person meetings. You can even reach out across the country (or the world) to create relationships and even […]
The 5 Biggest Myths about Investing in Commercial Real Estate
The 5 Biggest Myths about Investing in Commercial Real Estate Like any complicated business, commercial real estate investing has its share of myths and questions. I’ll admit that for those of us who are already in the game, some of this works to our benefit to help keep other competitors from coming onto the playing […]
Buying Other Types of Commercial Properties
Buying Other Types of Commercial Properties Most people get started in commercial real estate with multi-unit properties. Even though residential properties are a big part of commercial real estate investing, other types of properties make for excellent investment opportunities, as well. For instance, commercial real estate includes offices and warehouses, retail centers, and even undeveloped […]