Commercial Property/ Land Development

[Elvin Green]

Good morning, I've made a network with a private investor who invest in CRE. What are some ways to analyze commercial properties? I live in Baton Rouge where there is mass opportunity for commercial building. From a small shopping center to a small multi family unit community. I'm also aware of opportunity zones around the city. How I begin to add value to him and be of service ? I deliver packages through amazon so I'm literally everywhere. Any suggestions and direction would be extremely helpful. I have a vision of developing my own community; I'm at the very ground level, but if I can add value to not his portfolio but my beginning one, I'll be on the right path !! Thanks to all comments and suggestions !!!

[Greg Dickerson]

Originally posted by @Elvin Green:

Good morning, I've made a network with a private investor who invest in CRE. What are some ways to analyze commercial properties? I live in Baton Rouge where there is mass opportunity for commercial building. From a small shopping center to a small multi family unit community. I'm also aware of opportunity zones around the city. How I begin to add value to him and be of service ? I deliver packages through amazon so I'm literally everywhere. Any suggestions and direction would be extremely helpful. I have a vision of developing my own community; I'm at the very ground level, but if I can add value to not his portfolio but my beginning one, I'll be on the right path !! Thanks to all comments and suggestions !!!

Real Estate Development is a very rewarding career. It's creative and very lucrative once you master the fundamentals, The main thing you need is expertise. You need to educate yourself on the space and the market. Opportunity zones require a certain type of investor and capital that is more long term. Also you can only do ground up or heavy value add in Ozones as you need to meet the substantial improvement test. In your case you need to find out hat your investor is looking for specifically. Development is risky and you need to know what you're doing.

This is a blog post on the development process 

https://www.biggerpockets.com/...