Commercial Real Estate 101 - Where To Find Deals
62Commercial Real Estate
Start Your Search In Unlikely Places
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!
So where do you find commercial real estate deals? You probably won't be successful door knocking as you are with residential real estate. Here's a few tried and true techniques:
- Hard Money Lenders
- Private Lenders
- Bank Workout Departments
- Defaulted Commercial Paper
- CCIM Realtors and Brokers
- Real Estate Investment Clubs
- Attorneys
- Courthouse
- Internet Search
- Apartment Associations
- Letters to Out of Town Owners
- Distressed Properties
- Networking
I was paid on a commercial real estate deal this year. It was a referral from a fellow investor to a private money lender that foreclosed on a property and wanted to sell it.
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. - 9 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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