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

КОМЕНТАРІ • 97

  • @CommercialPropertyAdvisors
    @CommercialPropertyAdvisors  Рік тому +3

    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

    • @altache3838
      @altache3838 Рік тому

      Round of applause to this couple.

  • @moske87
    @moske87 Рік тому +6

    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!

  • @gandr.e.5136
    @gandr.e.5136 Рік тому +11

    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.

  • @roadtoscratchgolf3481
    @roadtoscratchgolf3481 Рік тому +3

    Couldn’t be happier for this couple. Great to all. They are on their way to financial freedom. Keep it up.

  • @samgarretson
    @samgarretson Рік тому +3

    Creative minds doing what they do! Nice work! 💪

  • @richz125
    @richz125 Рік тому +2

    Congratulations to Solomon and Bethlehem! What a great inspiration!

  • @edwardmay136
    @edwardmay136 Рік тому +3

    Very inspiring guys!! I look forward to accomplishing the same thing very soon!

  • @street42main
    @street42main Рік тому +2

    Congratulations, Your story is awesome. Wish you the best in your new venture

  • @ms.grayson1192
    @ms.grayson1192 Рік тому

    Solomon and Bethlehem have really inspired me. I am so proud of this amazing couple. Many blessings to their family

  • @ericjones7362
    @ericjones7362 Рік тому

    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!

  • @benreiltd.2528
    @benreiltd.2528 Рік тому +1

    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.

  • @stephenhill5767
    @stephenhill5767 Рік тому +1

    Congratulations for a job well done to this couple and great instruction from the mentor.

  • @geesmith3107
    @geesmith3107 Рік тому +1

    Awesome!!! Congrats Solomon & Bethlehem!!👏🏽👏🏽💕💕🙌🏽🙌🏽

  • @PRETTYGIRLLOUNGE
    @PRETTYGIRLLOUNGE 6 місяців тому

    Great Solomon & Bethlehem! Your definitely my role models 👍

  • @cdavis8430
    @cdavis8430 Рік тому

    Great info, I specialize in the architectural design of mixeduse properties & thought this was conversation with Bethlehem and Solomon was Amazing! Much continued successes!

  • @Trae4rmVa
    @Trae4rmVa Рік тому +1

    Great deal guys. I love the syngery they have. We can all hope yo have this one day 🙏

  • @edgonzalez186
    @edgonzalez186 Рік тому

    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.

  • @phillipjohnson4299
    @phillipjohnson4299 Рік тому +1

    CONGRATULATIONS TO SOLOMON AND BETH FOR THERE GREAT WORK!!!

  • @sandrawalton8515
    @sandrawalton8515 Рік тому +1

    Love it!! This type of property is my dream property

  • @Thelocalbuyers
    @Thelocalbuyers Рік тому

    Congrats!!! So good to see this!

  • @leavondamichelle1926
    @leavondamichelle1926 Рік тому

    Congratulations and amazing job you two!!

  • @chigomezyongwira4883
    @chigomezyongwira4883 Рік тому +1

    Thank you. Wonderful insight

  • @jessieflores5751
    @jessieflores5751 Рік тому

    Great job and congratulations! !

  • @gsfokused
    @gsfokused Рік тому

    Awesome interview!!!

  • @batman-xk4dv
    @batman-xk4dv Рік тому

    Amazing work yall!!

  • @SW-kd9fx
    @SW-kd9fx Рік тому

    Great information. Congratulations to them both!

  • @angeliasparrow3990
    @angeliasparrow3990 7 місяців тому

    Thank you for sharing.

  • @thokozileskhosana776
    @thokozileskhosana776 Рік тому

    Wow great one Solomon's i am following your foot steps. many more must come upon you. High Five

  • @DarkNLvli1
    @DarkNLvli1 Рік тому +1

    Congratulations!
    My goal someday.
    Thanks for enlightening us.

  • @bodyup360fitness7
    @bodyup360fitness7 Рік тому

    🎉 🎊 congratulations for Solomon and Bethlehem. I’m going to be one of your most successful students! Can’t wait to sign up.

  • @andrewgreenleaf7117
    @andrewgreenleaf7117 Рік тому

    Great job guys, very inspiring!

  • @NaosAugust
    @NaosAugust Рік тому

    Congratulations amazing happy for you guys

  • @johnnysmith4514
    @johnnysmith4514 Рік тому

    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.

  • @collinbaptiste5619
    @collinbaptiste5619 5 місяців тому

    Salomon, you're a flipping genius, sir 👏🏾 🎉🎉🎉

  • @khjake16
    @khjake16 Рік тому

    Great!! well done

  • @SecretConsultants
    @SecretConsultants Рік тому

    Abraham and Bethlehem, Hugh cuddos, congratulations, keep up the good work, looking to follow after you with Peters instructions

  • @yohannestekola4216
    @yohannestekola4216 Рік тому

    Hi Peter,
    I am a newcomer to following your teaching program. It's good to know you peter.
    Johnny
    Ethiopia

  • @BladeTrinity99
    @BladeTrinity99 Рік тому

    Such a beautiful couple and congratulations on the deal.

  • @eugenehammond6225
    @eugenehammond6225 Рік тому

    Team work made a dream work!

  • @danettebrown5620
    @danettebrown5620 5 місяців тому

    Awesome deal! Congratulations

  • @EricR-
    @EricR- Рік тому

    Nice work!

  • @cootegary
    @cootegary Рік тому

    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.

  • @robertoinvests
    @robertoinvests Рік тому

    Great Guys!!!🎉❤

  • @tigista7276
    @tigista7276 Рік тому

    Congratulations brother Solomon and your beautiful wife Betty. . I’m so happy for you . Wish you more success in the future.❤

  • @MRTransactionEngineer
    @MRTransactionEngineer Рік тому +1

    Awesome!

  • @haleason9342
    @haleason9342 Рік тому

    GREAT JOB!!! THAT IS GOING TO BE MY NEXT MOVE

  • @jakc3d
    @jakc3d Рік тому +2

    And they look like a young couple too. So I'm definitely happy for them.

  • @walterreidjr
    @walterreidjr Рік тому

    Congratulations on your deal!!!

  • @rickfromjersey8098
    @rickfromjersey8098 Рік тому

    Congratulations ! blessings to your success

  • @donnieedwards8628
    @donnieedwards8628 Рік тому

    THANKS REALTOR/ INVESTOR DONNIE

  • @frankflores6707
    @frankflores6707 Рік тому

    Awesome!!!!

  • @brookanne7237
    @brookanne7237 Рік тому

    great job

  • @justamessenger86
    @justamessenger86 Рік тому

    Amazing!👍🏾

  • @franklinokonkwo1277
    @franklinokonkwo1277 Рік тому

    Congratulations 🎉! Definitely a big achievement

  • @Dee_Yamel
    @Dee_Yamel Рік тому

    Great work.

  • @Antigone-yp6ht
    @Antigone-yp6ht Рік тому

    Congrats!!!

  • @God-Life-Power
    @God-Life-Power 9 місяців тому

    They did their thing 👏

  • @ibrahimhabib9766
    @ibrahimhabib9766 Рік тому

    Congratulation you two!

  • @ogechiekeoccurredhi6801
    @ogechiekeoccurredhi6801 4 місяці тому

    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?

  • @TheItYo
    @TheItYo Рік тому

    Elgin has a unique downtown. It’s almost a throwback feel, but their doing some modern things in the area.

  • @1800GarySund
    @1800GarySund 4 місяці тому

    Well Done

  • @marvalaurie8760
    @marvalaurie8760 Рік тому

    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

  • @leulberhanu1292
    @leulberhanu1292 Рік тому +1

    Congrats 👏🏾

  • @Viasity
    @Viasity Рік тому

    Congratulations!!!

  • @kevinmccluresr4863
    @kevinmccluresr4863 Рік тому

    Congratulations! 🖐🏽🖐🏽

  • @danarobinson6156
    @danarobinson6156 Рік тому +1

    Great 👍 content

  • @JoeJoe-yp4xz
    @JoeJoe-yp4xz Рік тому

    Amazing guys

  • @leo2reo893
    @leo2reo893 Рік тому +1

    Great job!! What lender did you use?

  • @crisisbliss2462
    @crisisbliss2462 Рік тому

    Congratulations on your acquisition.

  • @obocar1
    @obocar1 Рік тому

    Congratulations Bethlehem and Solomon

  • @HealthandBeautyAP
    @HealthandBeautyAP Рік тому +2

    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?

  • @football349
    @football349 Рік тому

    What was the lender this couple used? Would be amazing to know!

  • @yohannestekola4216
    @yohannestekola4216 Рік тому

    Hi Beti & Solomon,
    This is Yohannes from Ethiopia, congratulations we keep in touch.
    Yohannes

  • @kravennupe
    @kravennupe Рік тому

    Proud✊🏾✊🏾💪🏾

  • @ethianmurphy5056
    @ethianmurphy5056 Рік тому

    Congratulations

  • @realestateforabetterworld
    @realestateforabetterworld Рік тому

    Could you share the lender they used?

  • @rassefa1
    @rassefa1 Рік тому

    Amazing! Such a successful beautiful family! 🎉 #roleModels

  • @Triplenet_Agent
    @Triplenet_Agent Рік тому

    What was the down-payment?

  • @erro4339
    @erro4339 Рік тому

    🙏🏿high five 🎉congratulations

  • @MimiMhair
    @MimiMhair Рік тому

    Congrats

  • @bodyup360fitness7
    @bodyup360fitness7 Рік тому

    I wonder if loans for mixed properties are generally higher than loans for apartment complexes.

  • @yamiynthompson-rw5ec
    @yamiynthompson-rw5ec Рік тому

    Hello Peter. I need help on my biggest deal. I’ll split the assignment 50/50

  • @dee5323
    @dee5323 Рік тому

    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?

    • @CommercialPropertyAdvisors
      @CommercialPropertyAdvisors  Рік тому +1

      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.

    • @dee5323
      @dee5323 Рік тому

      @@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?

    • @CommercialPropertyAdvisors
      @CommercialPropertyAdvisors  Рік тому +1

      @@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.

    • @dee5323
      @dee5323 Рік тому

      @@CommercialPropertyAdvisors 👁️👁️💡👍🏽😀 Super Thanks again for all your helpful information my brother.

  • @jcabral6231
    @jcabral6231 Рік тому

    congrats

  • @MT-tn8em
    @MT-tn8em Рік тому

  • @stanbell1076
    @stanbell1076 Рік тому

    High five Solomon & Bethlehem

  • @desmondgraham650
    @desmondgraham650 Рік тому +1

    Great job, I need to stop watching videos , and make an offer

  • @jimmyrivera9415
    @jimmyrivera9415 Рік тому +1

    congratulations. Elgin is a very nice city outside of chicago.

  • @MAKCOH818
    @MAKCOH818 Рік тому

    Kayne west recommended me this page 📄 lol😂 bad joke ! I love your channel very smart subscribed waiting for more info 🙏

  • @IAmMzJess
    @IAmMzJess Рік тому

    Congratulations!!!

  • @clementkouassi7949
    @clementkouassi7949 Рік тому

    Congratulations