Avoid investing in bad commercial deals with the help of a mentor. Apply to our Protege Program here: www.commercialpropertyadvisors.com/protege-program
I have been reading real estate books, listening to podcasts and scouring forums like BiggerPockets and these videos blow them all away. Clear, concise and simply explained. "If you can't explain it simply, you don't understand it well enough". Good stuff!
I always use the term due diligence but really had no idea till you gave a list to use that actually breaks it down into the three activities: physical, financial, and legal. You are a God send...thank you
This is Great ! I'm a residential real estate agent in DE. But I'm interested in commercial real estate as well. So I decided to learn through online, and I found a good teacher here. Thank you so much !!!
He who walks with the wise grows wise, but a companion of fools suffers harm. Their is no suffering harm here. I haven't heard of anyone else talk about due diligence in specific terms before. This channel is Golden!
Peter, you are a great Teacher. I truly enjoy and appreciate your teaching style. You made it plain and simple; like I can do it. Thanks so much for your channel.
The truest teacher/mentor/guru. This is priceless information for us driven investors. Thank you so much for all of your efforts, preparation and knowledge sharing. Will make good use of your books and website.
Thanks for the very informational video Peter! I work in commercial real estate in the San Francisco Area and this will be a great primer for my clients.
Due Diligence Checklist is here: www.commercialpropertyadvisors.com/wp-content/uploads/2015/09/Commercial_Property_Advisors_Due_Diligence_Checklists.pdf Enjoy!
Hey there thanks for your videos. I just started a commercial cleaning company but also interested and very interested in commercial real estate, more in particular buying apartment complexes of over 50 units and bringing it value by establishing something within each apartment property. Im also interested in purchasing offices such as investing with group of people to buy sky scrapers. I just want to thank you for sharing your knowledge
Would this be the same DD formula to do for a MHP that is filled with lot rent only homes? I'd think the DD process would be less stringent. Any tips???
I own commercial property, my advice is residential property is easier to manage and less risk than commercial property. Commercial property has a higher cashflow but a much higher risk, especially in the current market conditions. Commercial property comes in different categories, A grade investment and low grade, this is where you’ll need some good advice or due diligence before committing to any purchase. Finally for first time investors looking at commercial property, factor in the possibility of having no tenant or business in your property, ie no income from that investment! If you can’t afford to keep it then commercial property is not for you.
I'm looking my first property interest. Its distressed class C 22 unit apartment complex for starters. I remember you implying about class C being careful it doesn't need too much rehab. Question: What if the rehab estimated cost is 50% of asking? would that be an indicator?
Thank you so much for your great videos Mr.HarrisI'm investor from abroad and I want to ask you in which sector ofCommercial Real Estate you recommend me to start? given that I live abroad and can come 3-4 times a year to U.S
anybody else think the expenses in the example were wayyyyy too high. With $200K in rent income I'd imagine 24 units at $700 a month, so that would mean it would cost $8K a month to maintain it- come on! Are you using Evian spring water in the washing machines?
I love your channel so much Peter! I appreciate all the information you put out there. I was wondering could I get your email I would like to send you an email. Looking forward to hearing from you
![Lp. Сердце Вселенной #60 РОЖДЕНИЕ ЛОЛОЛОШКИ [Финал] • Майнкрафт](http://i.ytimg.com/vi/YoR0pAV9FVQ/mqdefault.jpg)
Avoid investing in bad commercial deals with the help of a mentor. Apply to our Protege Program here: www.commercialpropertyadvisors.com/protege-program
Very important and necessary lesson.
I have been reading real estate books, listening to podcasts and scouring forums like BiggerPockets and these videos blow them all away. Clear, concise and simply explained. "If you can't explain it simply, you don't understand it well enough". Good stuff!
I always use the term due diligence but really had no idea till you gave a list to use that actually breaks it down into the three activities: physical, financial, and legal. You are a God send...thank you
UA-cam needs a "love" button, in this case "like" is insufficient.
Best teacher in the game 🙌🏾
This is Great ! I'm a residential real estate agent in DE. But I'm interested in commercial real estate as well. So I decided to learn through online, and I found a good teacher here.
Thank you so much !!!
You are awesome Mr. Harris. I love how you don't sugarcoat the Commercial property experience, and you tell it like it is.
Great natural teacher!
You are a gifted teacher. Thank you for these videos.
He who walks with the wise grows wise, but a companion of fools suffers harm. Their is no suffering harm here. I haven't heard of anyone else talk about due diligence in specific terms before. This channel is Golden!
The break even occupancy was a eye opener for me. Paid big $$$$ for Comm RE mentoring, not once was I ever shown this formula. Thank you sooooo much.
Peter, your a goooood teacher! I mean a REALLY GOOD teacher! Thank you !
Seller is guilty until proven otherwise in all real estate deals including residential properties. Great video.
Peter, you are a great Teacher. I truly enjoy and appreciate your teaching style. You made it plain and simple; like I can do it. Thanks so much for your channel.
These videos are the best! The manner in which the material is presented makes it easy to understand. Thank you for taking the time to produce!
Great lecture Mr. Harris. Thank you so much.
Great content once again. Thank you!
This advice not only applies to commercial but equally well to residential. Thanks
Your videos are amazing and very informative! Will love to learn more from you!
Good video. There isn't a lot of information on UA-cam that deals specifically with commercial real estate investing.
thank you for your time and digestible information. I liked and subscribed!!
"Elephants under the carpet" love that phrase! Buyer beware in commercial real estate.
The truest teacher/mentor/guru. This is priceless information for us driven investors. Thank you so much for all of your efforts, preparation and knowledge sharing. Will make good use of your books and website.
Thank you so much Peter! You are excellent!!
Thank you for your instructions.
Do you have mentoring service?
+JayStation Yes. Learn more here: www.commercialpropertyadvisors.com/protege-program
Hi peter just to let you know, the audio on the commercial you have on UA-cam is low.
Your videos are great!!! Learned so much!!
Thanks for the very informational video Peter! I work in commercial real estate in the San Francisco Area and this will be a great primer for my clients.
Great Video… Thanks!
Due Diligence Checklist is here:
www.commercialpropertyadvisors.com/wp-content/uploads/2015/09/Commercial_Property_Advisors_Due_Diligence_Checklists.pdf
Enjoy!
Hey there thanks for your videos. I just started a commercial cleaning company but also interested and very interested in commercial real estate, more in particular buying apartment complexes of over 50 units and bringing it value by establishing something within each apartment property. Im also interested in purchasing offices such as investing with group of people to buy sky scrapers. I just want to thank you for sharing your knowledge
I don't see the link for the due diligence checklist
Thanks I learned something here.
Do I need to check and inspect each and every unit of apartment or hotel?
Very educational! Good stuff! Thank you very much!
Thank you for sharing your knowledge.
Really great information presented in the KIS format keep it simple thanks
Hello Peter, Can you tell us more about your experience/advice with acquiring hotels of all types.
Great info! Very detailed and informative. All his videos are great resources 👍🏼👍🏼
Why does the breakeven analysis not include the down payment?
Is there value in adding a time element to the breakeven analysis?
Mr Harris you rock.
Forgive the question but during due diligence are occupied units inspected
Wheres think link for check list?
www.commercialpropertyadvisors.com/avoid-bad-commercial-deals/
Would this be the same DD formula to do for a MHP that is filled with lot rent only homes? I'd think the DD process would be less stringent. Any tips???
+Lake Norman Condos No, it's the same.
I got the book and have been reading it. Its a lot involved
Great content Peter I'm taking notes as I absorb your knowledge. Excellent presentation also Thankyou!!
Tenet improvements what is that.
What are tenet improvements
Hey where’s the due dilligence checklist
Hi Peter. How many days in to due diligence do you typically make the request to extend it? Does that request go to the seller? Thank you. Ben
Depends; the average is two weeks.
just ordered your book. thanks
keep video coming pls
I own commercial property, my advice is residential property is easier to manage and less risk than commercial property.
Commercial property has a higher cashflow but a much higher risk, especially in the current market conditions.
Commercial property comes in different categories, A grade investment and low grade, this is where you’ll need some good advice or due diligence before committing to any purchase.
Finally for first time investors looking at commercial property, factor in the possibility of having no tenant or business in your property, ie no income from that investment! If you can’t afford to keep it then commercial property is not for you.
Great videos! Thank you very much Sir, you are a kind gentleman.
Was anyone able to access the link to obtain the due diligence checklist that he's providing for real estate?
Here it is: www.commercialpropertyadvisors.com/avoid-bad-commercial-deals
i tried it does not work
@@paulyasen4695 it did work for me try now good luck
I'm looking my first property interest. Its distressed class C 22 unit apartment complex for starters. I remember you implying about class C being careful it doesn't need too much rehab. Question: What if the rehab estimated cost is 50% of asking? would that be an indicator?
Huge indicator.
Is it possible to get right into commercial real estate with no real estate experience?
Absolutely
Thank you so much for your great videos Mr.HarrisI'm investor from abroad and I want to ask you in which sector ofCommercial Real Estate you recommend me to start? given that I live abroad and can come 3-4 times a year to U.S
I like you videos I learn a lot as me beginning to look to invest and commercial real estate Thank you and I won't hesitate to call you if I need help
Thank you :)
excellent
WHERE IS YOUR FREE DUE DILIGENCE CHECK LIST?
anybody else think the expenses in the example were wayyyyy too high. With $200K in rent income I'd imagine 24 units at $700 a month, so that would mean it would cost $8K a month to maintain it- come on! Are you using Evian spring water in the washing machines?
I love your channel so much Peter! I appreciate all the information you put out there. I was wondering could I get your email I would like to send you an email. Looking forward to hearing from you
Great ! except...why do you have racist Steve Miller in the main pic ? lol