Rental Property Investor · Lynchburg, VA · Member since 2020 · 21 posts · 8 votes
Looking to learn more about commercial real estate and/or hotel sales. I’m a real estate agent and want to be able to know the details that go into commercial property as well as the things investors will be looking for. Any suggestions?
Investor · Pittsburgh, PA · Member since 2016 · 74 posts · 48 votes
6y
@Logan Bosiger
One of my favorite books about commercial real estate is "The Real Estate Game" by William Poorvu. Great perspective of the thought process of evaluating different deals from an investor's prospective.
Rental Property Investor · Dallas, TX · Member since 2019 · 24 posts · 9 votes
6y
Hello Logan! It must have positive cash flow right away. High demand for that center or strip. Ease of access and7 plenty of parking, good places to eat, critical products or services that customers need in today's environment. It's needs a good location. Do not hope anything will happen that is not already done and a good history of that location.
Investor · Pittsburgh, PA · Member since 2016 · 74 posts · 48 votes
6y
@Logan Bosiger
One of my favorite books about commercial real estate is "The Real Estate Game" by William Poorvu. Great perspective of the thought process of evaluating different deals from an investor's prospective.
Investor · Denver, CO · Member since 2019 · 19 posts · 8 votes
6y
I would echo the recommendation on The Real Estate Game. I also loved Sam Zell's book "Am I being too subtle" a bit broader than just commercial real estate but a great read.
Wholesaler · Dallas, TX · Member since 2017 · 306 posts · 133 votes
6y
Hello again Logan! A couple of other thoughts. Commercial property and Hotels are risky right now. Most commercial properties are more dangerous than Hotels but the previous business, it's density, and location will matter more in the future. Be careful even if the price seems low. Do your evaluation based on the most negative situation when considering its value.