My team and I mentor people to success with commercial real estate. Learn more about our Protege Program here: www.commercialpropertyadvisors.com/protege-program
Thank you Peter. This has become my source for direction in getting started on my dream of getting in the game of life. How does one become a student of your . You information is direct and relatable . I'm able to understand what your teaching . I would greatly appreciate the opportunity to learn more . Thank you for considering my req for a mentor.
You are a great presenter, I just watched the cardone conference online and was useless! I like how you talked about key terms and give actual step by step
Certainly. I'd argue we are among the best in America at that skill. We provide those methods to our Proteges only. We don't give that incredibly valuable information away from free on UA-cam.
Thank you for sharing your information and experience! It has been a while since we have seen you put out a video. We are presently learning the real estate market under freedom mentor. I eventually want to buy apartment complexes and hope to have CPA as our mentor. Thanks again.
So glad I've found this channel!! I'm soon to obtain my real estate license and I want to go commercial. Get my legs under me in residential and transition to commercial. I'll definitely make it a point to buy your book for dummies and watch all of these videos. Thank you for your teaching spirit and entrepreneurial spirit!
Average cap rates range from 4% to 10%. Generally, the higher the cap rate, the higher the risk. A cap rate above 7% may be perceived as a riskier investment, whereas a cap rate below 5% may be seen as a safer bet. If a property has a 10% cap rate, you should expect to recover your investment in about 10 years.
I understand the CAP rate effects the price, but I've looked on Loopnet.com and there aren't 25 deals at one time in my submarket. There are normally 4-6 deals available to compare. I have no connections with realtors as of yet, so in the name of simplicity and learning, what would be the suggested course of action? I assume that realtors will have more properties available for comparison, but who says that they'll help you when they aren't your realtor? I emailed a few realtors online and left voicemails, and have been blown off. Any other ways to get their attention?
Q: I want to finish my bachelor's degree, should it be a finance degree or a combination of finance or something(s) else?? It may not matter, but I want to have it. Thanks.
hey peter, thank you for sharing your knowledge. I new to commercial real estate investing and I have a question. should I start with a single-family property or should I buy a multi-family property? (I have about $25'000 in savings) thank you so much for helping us!
If the seller/owner is a small operator who is much older and doesn't keep good records, how can you get out of them the exact numbers for expenses and income for the property?
"Get A Mentor." (17:57) How does one do this without having a million dollars in his/her pocket to hire one? They ALWAYS want money up front that a lot of people just don't have. It'd be great if mentors grew on trees, but unfortunately, they don't.
+Commercial Property Advisors I don't know for sure but when I calculate the cap rates and they are all very very low. For example a 5 cap in a neighborhood where 15cap is the norm. Then I assume they paid too much. Is this a fair assumption ?
My team and I mentor people to success with commercial real estate. Learn more about our Protege Program here: www.commercialpropertyadvisors.com/protege-program
One of your best videos. This is one of the main videos to watch before calling a broker or making an offer on a property. Thanks for the help!
Videos are very insightful, thanks for posting
Thank for for all the wisdom Peter, Thank you so much my friend.
Peter is phenomenal. I am happy that I stumbled in to him. Great instructor with a great personality.
Just wanted to say, you have a wonderful channel. Just discovered it yesterday, and I've been watching everything you have been putting up.
Thank you Peter. This has become my source for direction in getting started on my dream of getting in the game of life. How does one become a student of your . You information is direct and relatable . I'm able to understand what your teaching . I would greatly appreciate the opportunity to learn more . Thank you for considering my req for a mentor.
Z Che
Great teacher and instructor. I always enjoy watching you teaching. Many Thanks For Sharing Your Great Knowledge With Us!
You are a great presenter, I just watched the cardone conference online and was useless! I like how you talked about key terms and give actual step by step
great tips! Thank you!
Excellent instructor!
Great videos Peter, I'm glad I found your channel. Where do you live or what is your submarket?
Hello Mr. Harris. Do you have tips or a method for finding not on the market properties? Thanks.
Certainly. I'd argue we are among the best in America at that skill. We provide those methods to our Proteges only. We don't give that incredibly valuable information away from free on UA-cam.
great video. Thank you Peter!
great vids!!
Hi Peter as per this video can you share the online resources for obtaining submarket cap?
Thank you for sharing your information and experience! It has been a while since we have seen you put out a video. We are presently learning the real estate market under freedom mentor. I eventually want to buy apartment complexes and hope to have CPA as our mentor. Thanks again.
how would you define a submarket? for example how many submarkets would compose a single district, typically?
It all depends on the area. For example, San Francisco has 11 sub markets on that little peninsula.
So glad I've found this channel!! I'm soon to obtain my real estate license and I want to go commercial. Get my legs under me in residential and transition to commercial. I'll definitely make it a point to buy your book for dummies and watch all of these videos. Thank you for your teaching spirit and entrepreneurial spirit!
great video
I really appreciate this
Average cap rates range from 4% to 10%. Generally, the higher the cap rate, the higher the risk. A cap rate above 7% may be perceived as a riskier investment, whereas a cap rate below 5% may be seen as a safer bet. If a property has a 10% cap rate, you should expect to recover your investment in about 10 years.
I understand the CAP rate effects the price, but I've looked on Loopnet.com and there aren't 25 deals at one time in my submarket. There are normally 4-6 deals available to compare. I have no connections with realtors as of yet, so in the name of simplicity and learning, what would be the suggested course of action? I assume that realtors will have more properties available for comparison, but who says that they'll help you when they aren't your realtor? I emailed a few realtors online and left voicemails, and have been blown off. Any other ways to get their attention?
Great video!
As someone who has 400.000$, do you think it's wise to enter the real estate business?
Or should I just stick with ecommerce?
Real estate! Real estate! Real estate!
Q: I want to finish my bachelor's degree, should it be a finance degree or a combination of finance or something(s) else?? It may not matter, but I want to have it. Thanks.
It doesn't matter. Undergraduate courses rarely teach anything that is applicable in the real world of commerce.
hey peter, thank you for sharing your knowledge.
I new to commercial real estate investing and I have a question.
should I start with a single-family property or should I buy a multi-family property? (I have about $25'000 in savings)
thank you so much for helping us!
Start with Multi Family
If the seller/owner is a small operator who is much older and doesn't keep good records, how can you get out of them the exact numbers for expenses and income for the property?
"Get A Mentor." (17:57) How does one do this without having a million dollars in his/her pocket to hire one? They ALWAYS want money up front that a lot of people just don't have. It'd be great if mentors grew on trees, but unfortunately, they don't.
What if the buildings that are comps were bought by people who overpaid? That makes those comps unreliable correct?
How do you know they overpaid?
+Commercial Property Advisors I don't know for sure but when I calculate the cap rates and they are all very very low. For example a 5 cap in a neighborhood where 15cap is the norm. Then I assume they paid too much. Is this a fair assumption ?
Hey 👋 Peter
🎉