How to Buy Mixed Use Commercial Property
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- Опубліковано 7 сер 2024
- Mixed Use Commercial Property is a very productive investment and is becoming more popular with city planners. In this video, you'll discover how to buy mixed use commercial real estate, what pitfalls to avoid and what makes mixed use properties such a great commercial asset. Plus, you'll see a real world example of a Mixed Use deal recently purchased by one of my Proteges.
www.commercialpropertyadvisor...
0:00 Intro
0:28 Benefits of Mixed Use Commercial Property
4:30 Meet Investors Solomon and Bethlehem
5:46 Why Commercial Real Estate?
6:18 Out of State Mixed Use Deal
9:51 Financing a Mixed Use Property
11:06 Upside Potential/ARV
14:43 Why Mixed Use?
15:42 Location, Location, Location
17:30 Investing Out of State
22:45 Solomon and Bethlehem's Investing Tips
24:15 Focus on the Goal
26:40 Why We Love This Deal
Buy your own mixed use commercial property with my help like Solomon and Bethlehem by applying to our Protege Program here: www.commercialpropertyadvisors.com/protege-program
Round of applause to this couple.
Congratulations guys! My first deal as a protege with Peter was a 12 unit residential, and I would love to add a mix use to the portfolio next!
What a killer deal. I'm looking to build mixed use as we speak. What I'm finding out in a lot of surrounding cities in my area is that some land zoned office, can also be used for mixed use. Sam Zell is right when he said these cities that have land zoned commercial office and retail need to rezone to residential because people are working from home and retail was killed by the internet (Amazon) while more housing is needed. Good job guys and that property will pay your children's children.
Congratulations on this awesome deal!
Couldn’t be happier for this couple. Great to all. They are on their way to financial freedom. Keep it up.
Creative minds doing what they do! Nice work! 💪
Congratulations to Solomon and Bethlehem! What a great inspiration!
Very inspiring guys!! I look forward to accomplishing the same thing very soon!
Congratulations, Your story is awesome. Wish you the best in your new venture
Solomon and Bethlehem have really inspired me. I am so proud of this amazing couple. Many blessings to their family
Congratulations to Solomon & Bethlehem!!! For building long term generational wealth !
&
Again such well explained concepts , with straight to the action information!!!
All love from Socal!
excellent results of smart planning and continuous follow through to success as RE investors. exceptionally well done. this is most motivational for anyone operating in the real estate investment arena both novice or seasoned. Thanks for Sharing this.
Congratulations for a job well done to this couple and great instruction from the mentor.
Awesome!!! Congrats Solomon & Bethlehem!!👏🏽👏🏽💕💕🙌🏽🙌🏽
Great Solomon & Bethlehem! Your definitely my role models 👍
Great info, I specialize in the architectural design of mixeduse properties & thought this was conversation with Bethlehem and Solomon was Amazing! Much continued successes!
Great deal guys. I love the syngery they have. We can all hope yo have this one day 🙏
Shout out to this couple, their family and future empire. Gives a warm feeling of what society should be aspiring. Working people that plan, allocate the resources, and invest their capital to grow.
CONGRATULATIONS TO SOLOMON AND BETH FOR THERE GREAT WORK!!!
Love it!! This type of property is my dream property
Congrats!!! So good to see this!
Congratulations and amazing job you two!!
Thank you. Wonderful insight
Great job and congratulations! !
Awesome interview!!!
Amazing work yall!!
Great information. Congratulations to them both!
Thank you for sharing.
Wow great one Solomon's i am following your foot steps. many more must come upon you. High Five
Congratulations!
My goal someday.
Thanks for enlightening us.
🎉 🎊 congratulations for Solomon and Bethlehem. I’m going to be one of your most successful students! Can’t wait to sign up.
Great job guys, very inspiring!
Congratulations amazing happy for you guys
Elgin IL shish kabab how small this world huh I bought 2 trailers from a owner of trucking company who lives there, quite nice city.
Thank you Mr. Peter for your usufull vidios, knowlegde and wisdom.
Salomon, you're a flipping genius, sir 👏🏾 🎉🎉🎉
Great!! well done
Abraham and Bethlehem, Hugh cuddos, congratulations, keep up the good work, looking to follow after you with Peters instructions
Hi Peter,
I am a newcomer to following your teaching program. It's good to know you peter.
Johnny
Ethiopia
Such a beautiful couple and congratulations on the deal.
Team work made a dream work!
Awesome deal! Congratulations
Nice work!
Congratulations to Solomon and Bethlehem. God bless you guys. My wife and I are in that mold of looking. We live in New York City and prices are astronomical so it’s really hard to fine residential or commercial we’re still looking it’s a struggle.
Great Guys!!!🎉❤
Congratulations brother Solomon and your beautiful wife Betty. . I’m so happy for you . Wish you more success in the future.❤
Awesome!
GREAT JOB!!! THAT IS GOING TO BE MY NEXT MOVE
And they look like a young couple too. So I'm definitely happy for them.
Congratulations on your deal!!!
Congratulations ! blessings to your success
THANKS REALTOR/ INVESTOR DONNIE
Awesome!!!!
great job
Amazing!👍🏾
Congratulations 🎉! Definitely a big achievement
Great work.
Congrats!!!
They did their thing 👏
Congratulation you two!
This is wonderful! Such a great story! Would love to know the end product! Who was the lender and How much of the deal is the lender covering?
Elgin has a unique downtown. It’s almost a throwback feel, but their doing some modern things in the area.
Well Done
I’M. PROUD OF BOTH OF YOU SOLOMON AND BETHLEHEM YOU SHOULD BE PROUD OF YOURSELVES YOU BOTH WERE ABLE TO OVERCOME A LOT OF. CHALLENGES TO BE ABLE
TO PURCHASE A COMMERCIAL PROPERTY AND BEING OUT OF STATE. YOU BOTH HAD A
TREMENDOUS VISION. TO ACCOMPLISH YOUR DREAM TECHNOLOGICALLY, THAT IN ITSELF
IS ALMOST NEXT TO IMPOSSIBLE. NEVER HEARD OF THIS BEFORE. YOU HAD A GREAT START.
KEEP REACHING YOUR DREAM YOU ARE QUITE AN INSPIRATION TO ME AS MANY OTHERS
WHO ARE EXPERIENCING YOUR ACCOMPLISHMENT. THIS GREAT DREAM. BEST OF WISHES IN THE FUTURE. GOOD LUCK, MS LAURIE
Congrats 👏🏾
Congratulations!!!
Congratulations! 🖐🏽🖐🏽
Great 👍 content
Amazing guys
Great job!! What lender did you use?
Congratulations on your acquisition.
Congratulations Bethlehem and Solomon
There is not a lot of information about mixed use properties on youtube. How do I find out about pre foreclosure or foreclosed commercial property? Also, I am interested in purchasing a building formerly used as a bank. There are a lot of abandoned banks in town. How can I purchase them for cheap?
What was the lender this couple used? Would be amazing to know!
Hi Beti & Solomon,
This is Yohannes from Ethiopia, congratulations we keep in touch.
Yohannes
Proud✊🏾✊🏾💪🏾
Congratulations
Could you share the lender they used?
Amazing! Such a successful beautiful family! 🎉 #roleModels
What was the down-payment?
🙏🏿high five 🎉congratulations
Congrats
I wonder if loans for mixed properties are generally higher than loans for apartment complexes.
Hello Peter. I need help on my biggest deal. I’ll split the assignment 50/50
Congratulations to them both this is really a great move.
@commercial property advisors if a cash buy should one do a LLC for the commercial part and a LLC for the residential part? Or should the LLC be established for the whole property if the buyer doesn't want their personal name on anything at closing?
This particular property could not be separated into different Deeds so title could only be held in one entity and certainly it is MUCH smarter to own real estate in an LLC than a personal name.
@@CommercialPropertyAdvisors Thank you kindly for your response to my question. I really appreciate your knowledge and teaching on the topic.
I have another question regarding the same property. Should I form XYZ Trust to purchase the property and form a Wyoming LLC as the Trustee of XYZ Trust? Do I make the beneficiary of XYZ Trust the same Wyoming LLC or a different LLC? Thank you for your time and posting such great information. Do you offer consultations for anyone who may be interested?
@@dee5323 Although we know the answer, by law, we can't tell you because we aren't licensed practicing attorneys. We cannot provide legal advice. If this helps, we can say that our extremely expensive legal counsel has always advised us to hold title to real estate in LLCs. As to whom the member of those LLCs, they could be Trusts or individuals or other LLCs.
@@CommercialPropertyAdvisors 👁️👁️💡👍🏽😀 Super Thanks again for all your helpful information my brother.
congrats
❤
High five Solomon & Bethlehem
Great job, I need to stop watching videos , and make an offer
congratulations. Elgin is a very nice city outside of chicago.
Kayne west recommended me this page 📄 lol😂 bad joke ! I love your channel very smart subscribed waiting for more info 🙏
Congratulations!!!
Congratulations