Investor · Los Angeles, CA · Member since 2019 · 43 posts · 15 votes
Hey BP! after doing some networking ive befriended someone who has access to capital. He and I are interested in NNN commercial real estate. What is the best place to start looking for those properties? Im already aware of Loopnet and those other sites. Im looking for creative ways to find off market deals? Maybe title companies? HELP!
Research which properties you think you’d be interested in buying and use sights like Landvision and Reonomy to find ownership and phone numbers. Then start making phone calls.
CRE is very much a relationship based business. Most of your deals can and will be found through relationships with brokers, property managers, attorneys, lenders, and your professional network. Loopnet can be very useful for finding brokers and/or firms, but not so great for finding "off the shelf" on-market deals.
@Ronald Mejia. As much as you may hate to hear this, I would consider partnering with someone who has access to a pipeline of off-market and hopefully mom-and-pop operated deals. It is so hard to break into this arena and you could get burned until you have some experience. I hope that helps.