Pros vs Joes - When Investing in Commercial Real Estate

02/07/2021 12 min
Pros vs Joes - When Investing in Commercial Real Estate

Listen "Pros vs Joes - When Investing in Commercial Real Estate"

Episode Synopsis

In today’s episode, I will share with you some pros and joes when investing in commercial real estate. I have prepared 3 case studies that we will talk about, and I’ll also be touching on the importance of being an expert in your location. Make sure to stay 'til the end because I will be sharing my key learnings from these experiences.   [00:01 - 02:00] Opening Segment  I welcome the listeners to the episode I introduce the topic for the episode    [02:01 - 10:59] The importance of Understanding the Market and the Properties That You’re Investing In I share 2 case studies where I missed a deal You must sit down and negotiate with the broker You must know your numbers  I share an instance where I had a successful deal  Knowing the numbers, assessing the risk and return, and verifying demand is very important  Importance of knowing your market Dealing with risk  How to take risk out of the deal  How to quantify the risk  How do you strip risk out How to make sure you’re compensated well    [11:00 - 14:24] Closing Segment Final Thoughts If you are interested in my coaching and consulting program, please reach out to me through email at  [email protected] or see below for my website link.  Tweetable Quotes: “It’s important to know your market so well that when you see a deal you can act on it extremely quickly.” - Shane Melanson “No deal is going to have no risk.” - Shane Melanson “It's all these little things that make a huge impact on your ability to be successful.” - Shane Melanson   Resources mentioned in the episode: Club Syndication   LEAVE A REVIEW + help someone invest in commercial real estate with confidence by sharing this episode or click here to listen to our previous episodes. Follow The Investing Podcast on all Streaming platforms. Deezer, Apple Podcasts, Google Podcasts, Spotify, or visit our YouTube Channel. If you enjoyed this podcast and would like to go even deeper into the world of commercial real estate, head over my website for more information on my services, new book, and my blog. Follow me on Facebook, Twitter, and Instagram. Or email me at [email protected]