Sources for CRE listings to practice deal analysis

3 Replies

Where's a good source of CRE investment opportunities with which to run numbers to refine my new analysis knowledge?

I finished taking a CRE analysis fundamentals course this month, and I have all of this new knowledge on taking a commercial investment opportunity, and running the numbers to devise my own proforma, as well as evaluate important things like future value of money, etc... All of this new knowledge that I really want to apply to a host of commercial RE opportunities to ensure I GOT it. At this stage, not necessarily to jump on one, but really to reinforce this new education so I can get more comfortable running these numbers.

I don't want to waste a broker's time as (at this specific stage) I'm not looking to purchase quite yet. Heck, the pool of investment opportunities don't even need to be that great as doing the numbers will help me see how not great they really are and even that is valuable. But having some sort of a group of properties with enough details to allow me to really get in there and work with the numbers for analysis purposes.

What do you suggest? Thanks!

Yeah maybe Loopnet or similar. I would not bother brokers or sellers. They simply do not have time for stuff like that. I help affluent clients learn along the way buying multi millions to tens of millions of dollars in property during the purchase process but I am getting paid as the principal commercial broker for my time.

If someone wanted to just learn my time is worth thousands per hour so reading books and messing around with programs and looking at test properties just takes your time only.

The commercial market is very strong right now so brokers are working around the clock. I just took a break now while working on 5 transactions. Buyers that want to contact brokers and get looks at the good properties to buy need to be ready to go.

rentalsoftware.com is an excel based program that is cheaper to buy and you can play around with various metrics. 

Originally posted by @Joel Owens :

Yeah maybe Loopnet or similar. I would not bother brokers or sellers. They simply do not have time for stuff like that. I help affluent clients learn along the way buying multi millions to tens of millions of dollars in property during the purchase process but I am getting paid as the principal commercial broker for my time.

If someone wanted to just learn my time is worth thousands per hour so reading books and messing around with programs and looking at test properties just takes your time only.

The commercial market is very strong right now so brokers are working around the clock. I just took a break now while working on 5 transactions. Buyers that want to contact brokers and get looks at the good properties to buy need to be ready to go.

rentalsoftware.com is an excel based program that is cheaper to buy and you can play around with various metrics. 

 Yeah, exactly why I wouldn't want to loop in with Agents at this time quite yet. I'm not entirely sure why my brain decided to completely forget about Loopnet! It was already on my radar but apparently dropped off momentarily.

I shall begin analyzing deals from there to get more familiar with the full analysis process. Challenging myself to do a new property every day for a week to start, and I'll go from there.

Thank you so much!!