Before you can start trying to acquire a property, it is important to understand how commercial property is valued. After all, how do we know if we are REALLY making money on a commercial property if we don’t know how much the property was worth in the first place? The #1 most important rule for [...]
How far out of your specific living region would you go to invest? I, personally, deal anywhere, and I would recommend that you be open to dealing anywhere, especially if you’ve got the right opportunity, but never neglect your own backyard. Now for a lot of people who are located in the higher-priced markets, your [...]
A very important question you need to ask yourself is, “What is my risk tolerance?” So many people evaluating a project find themselves unable to move forward for any number of reasons. Most commonly, they will find themselves undermining their own success, out of fear that the project will not work out. With this in [...]
One reason people get involved in commercial real estate is to replace income. Some people think about leaving their jobs but they’re not comfortable with the idea of working the single-family market where they’re constantly out there chasing a new opportunity. In single-family property, that is one of the hazards. If you slow down, the [...]
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