Commercial Real Estate 101 - The Credibility Kit
61Commercial Real Estate
Your Foot In The Door
I’m a real estate investor working my own business and a coach for Bob Leonetti and Jayme Kahla through the SMI Funding and the Real Estate Profit Coach. I travel the country helping Bob and Jayme with their educational seminars. I am also a coach and work with our students on-site and assist them in building their real estate business.
I initially avoided commercial real estate because of all the perceived variables. Jayme and Bob quickly taught me that the biggest difference between residential and commercial are the zeros! LOL! I've since worked on numerous commercial deals and can honestly say from personal experience that Jayme and Bob were right. I love the zeros!
The first step in building your confidence is creating a credibility kit. A commercial credibility kit consists of the following:
A recommendation letter:
- From Attorney
- From Title/Escrow Officer/Company
- From CPA/Accountant
- From Banker
- From Broker(s)
- From Commercial Property Manager
- From Hard Money Lender
- From Private Equity Group
Testimonials from completed deals:
- Buyers testimonials (at least 3)
- Seller Testimonials
MILLION DOLLAR TIP - Leverage yourself by piggybacking off of partners! I brought on equity partners and borrowed their credentials on my first deals. What you lose in profits you more than gain in experience.
Want to learn more? Jayme and Bob put on a fantastic 4 day Commercial Property & Paper Boot Camp in Dallas several times a year. It covers the commercial business in some very non-traditional ways, and walks you through the entire commercial process from finding properties to exit strategies! The next event is September 30 - October 3. Contact me for more information and schedules.
Happy hunting!
Real Estate Profit Coach
It's All A Twitter!
- LorenaGerlach: Jumping on a teleconference with my JV Commercial Real Estate team. We've got multiple Dallas LOI's to discuss.
LorenaGerlach: Jumping on a teleconference with my JV Commercial Real Estate team. We've got multiple Dallas LOI's to discuss. - 5 days ago
- LorenaGerlach: Fannie Mae REO's now available only to owner occupants for the first 15 days of availability: http://tinyurl.com/y8ojd4t
LorenaGerlach: Fannie Mae REO's now available only to owner occupants for the first 15 days of availability: http://tinyurl.com/y8ojd4t - 3 weeks ago
- LorenaGerlach: Wow! Just wrapped up a great webinar on 10 Easy Steps for Virtual Real Estate Investing. Interested? Email IWantToBuyAHouse@gmail.com
LorenaGerlach: Wow! Just wrapped up a great webinar on 10 Easy Steps for Virtual Real Estate Investing. Interested? Email IWantToBuyAHouse@gmail.com - 3 weeks ago
Real Estate Investor Resources
- Real Estate Investor Training Private Money Real Estate Investing
Real Estate Investor Training, Real Estate Investing. How To Invest In Real Estate. How To Find Private Money for Real Estate.
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