Network / Commercial inventors

1 Reply

I currently do SFH flips, with several rentals. I do have a commercial Property... and looking to purchase more.

I have investors looking to do commercial investing. 

so I would like to chat with you.  Please reply back and/ or message me as I would, if anything, like to get a feel of the commercial sector and going about a way to invest wisely into it, and get methods of searching/ looking for deals. 

thank you in advance. 

- Jaison

@Jaison Emmanuel the first step is to get education on the space and the market at an intimate level. Once you have built a solid foundation of the different types, classes, CAP rates, numbers, metrics and language of the business etc. you can hunt for properties and opportunities.

The best way to find off market commercial and multifamily properties is to compile lists through a paid service like list source, Reonomy and CoStar or you can use free resources like Loopnet, CREXI, CBRE, Craigslist, tax database, brokers, property managers, title companies, multi family inspectors, appraisers, landscapers and other companies that service commercial and multifamily properties and driving for dollars.

The real key is in how you approach the owners and then the follow up.

Cold calling is by far the most effective method but you really need to know what you’re doing, how to open the conversation, what questions to ask and more importantly when to listen and not talk. Most importantly you need to convey confidence and assurance you are a player and not just wasting their time. Remember you are building relationships with the owners.

Follow up is crucial and where 90% of investors and sales people fall short. You have to consistently follow up in a meaningful way and you will get deals.