Commercial real estate is a foundational asset in the portfolio of the majority of world's wealthiest people. But for the average individual investor, owning commercial property can be very intimidating. In this course, you'll discover how you can become a commercial real estate investor from the author of Commercial Real Estate Investing for Dummies Peter Harris. The confusing terminology and complicated transactions will be simplified so that anyone can understand the many different facets of commercial real estate and how the "little guy", the individual investor, can win big. And ultimately, how owning commercial real estate can be your ticket to lasting financial freedom (where your passive income exceeds your monthly expenses).
This course was designed for the beginner who either has interest in getting into commercial real estate investment or owns a property or two. As the Education Director of Commercial Property Advisors, Peter Harris shares wisdom that will save you several years in learning lessons the hard way.
Introduction to Commercial Real Estate Investing for Beginners. You'll discover:
What This Course Is:
What This Course is Not
Discover how Peter Harris got to where he is today; from his engineering job days to beginning his career in commercial real estate investing and eventually becoming the leading authority on Commercial Real Estate Investing.
Getting started with Commercial Real Estate involves Why?, What?, How? and Where? You'll discover that at a very minimum, to participate in Commercial Real Estate, you will need:
This training explores:
From the author of the book Commercial Real Estate Investing for Dummies.
You'll discover the 5 best commercial real estate types for individual investors, including:
In addition, you'll find out
In a short and concise training, you'll find out the 5 pieces of data that you must know on each deal in order to quickly and easily evaluate if it is a good deal, including:
And you'll discover some rules of thumb for each.
Discover why and how to use a Letter of Intent when making an offer on a commercial property, as well:
Plus, you can download a sample Letter of Intent Word document in the resources section of this Lecture.
Discover the power of the Master Lease Agreement for Commercial Real Estate. You'll find out:
What the Seller Gets:
What the Buyer Gets
Once you complete this training, it will be crystal clear as to why smart and creative individual investors use this technique to control more deals with less of the risks and hassles of a normal purchase.
In the second half of the Master Lease Agreement training, you'll discover what type of seller/property is ideal for this technique:
Discover an overview of the different ways that commercial real estate deals are funded, including:
You'll hear an introduction to this Section involving how to invest in Apartment Buildings, a great place for beginners to get started with commercial real estate investment.
You'll discover why starting off in Apartments is good for beginner commercial investors.
Learn the 7 main things to look out for when investing in apartments, including:
You're about to find out the 3 major areas that beginners go wrong with Apartments:
Here's a step by step complete breakdown of Peter Harris' first ever apartment deal, including all the numbers in great detail.
Here's your action plan on getting started with Apartment Investing
Introduction to this Section on step by step, how to buy your first multi family apartment building.
You'll discover both the personal and investment benefits of investing in small multi family apartments.
You'll discover how to find good multi family apartment deals.
Real Estate Agents
Advantages of Direct Mail
3 Keys to Direct Mail
You'll discover why you should start your multi family investing with 5 units as opposed to 4 units.
Here are the 5 ways to finance your first deal.
This is an introduction to this section on Self Storage Investing for Beginners.
Discover 7 reasons why some invest in Self Storage Facilities
Discover the 3 main ways to find the best Self Storage deals:
(2) Broker Community
(3) Direct Mail
You'll discover the 3 main types of Self Storage facilities as well as the 2 main types of deals.
3 Main Types of Facilities
2 Main Types of Deals
Discover the 2 biggest myths of Self Storage Investing
Discover exactly how the funding works with Self Storage deals
Here are the 7 things to look for in a Self Storage property you are considering purchasing:
You'll watch a detailed analysis of a real world Self Storage deal complete with all the important numbers.
Introduction to this Section on Investing in Shopping Centers for Beginners.
You'll discover the 2 configurations of Shopping Centers, the 8 different Types and the key term of shopping center investing.
2 Configurations of Shopping Centers
8 Types of Shopping Centers
Key Term: Anchor Store
Here are the 4 things you must know about investing in Shopping Centers:
(1) Grocery Anchored Will Perform Better
(2) Buy Centers with multiple stores/tenants
(3) Leases can be more valuable that property itself
(4) Size does not equate to risk
You'll learn about the 3 most common leases in shopping center deals as well as the definition of expenses for these types of commercial real estate:
Discover why many investors love triple net leases and who they are ideal for.
NNN are Ideal For:
Here are 7 foundational investment guidelines for shopping center investor beginners:
Introduction to Mobile Home Park Investing for Beginners
Discover the 2 Types of Mobile Home Parks and the 4 Keys to Mobile Home Park Demand.
2 Types of Mobile Home Parks
5 Keys to Mobile Home Park Demand
You're going to discover 4 compelling reasons why you should invest in Mobile Home Parks and the Top 3 Misconceptions of owning Mobile Home Parks.
4 Reasons Why Invest in Mobile Home Parks
Top 3 Misconceptions
Learn 5 important tips on what to look for in a Mobile Home Park as well as 3 Big No-Nos on what to avoid.
5 Tips on What to Look Out For
3 Big No-Nos
Here's how and where to find good Mobile Home Park deals:
TIP: 20/30/50 Rule
Discover 3 most common ways to finance Mobile Home Parks:
Introduction to investing in Office Buildings
Discover 4 compelling reasons why you may want to invest in Office Buildings
Discover the one big difference between office buildings and residential.
The value of Office Buildings are determined based on Income which can be improved by Tenant selection, Leases, Reduced Expenses, etc.
The value of Residential Real Estate are determined based on comparable sales.
Discover 3 very important Office Building basics 20% of all Commercial Real Estate in the United States are Office Buildings but it is the most volatile property type of all commercial properties.
(2) Supply and Demand
(3) Real Estate Cycle
Discover the difference types of office buildings
3 Main Different Types
Types of Tenants/Properties
Office Building Classes
Discover 10 key Office Building terms that you must understand prior to Investing
Discover the basics of Office Building leases, the lifeblood of this property type.
2 Quick Tips
Learn about things to watch out for and possible pitfalls of investing in office buildings.
Discover possibly the most important thing when choosing a tenant...credit worthiness.
Business Credit Check
Discover the top 3 trends that will affect the future of office buildings.
Introduction to what you will learn in this section about finding and hiring property managers
Discover the main goals of a property manager so that you can better understand what you are looking for and how to find the best ones.
Learn the 3 biggest advantages of having the RIGHT property manager managing your commercial properties.
Find out the single most important thing to look for when hiring a property manager.
Discover the 3 best ways to find a terrific property manager
Peter Harris is the author of the best selling book "Commercial Real Estate Investing for Dummies", co-author with Donald Trump on the audio course "Three Master Secrets of Real Estate Success", the Commercial Property Advisors Education Director and is considered the leading expert in teaching others how to invest in commercial real estate.
His passion for mentoring beginners on commercial real estate investing comes from the tremendous impact it made on his life. Peter had a “safe and secure” job as an engineer, making a good living but came to realize that his employer wasn’t focused on his long term financial future and decided to take matters into his own hands. With the help of a mentor, he dove into commercial real estate and after acquiring his first apartment building, he discovered that just one big deal could bring in more money per month than his full time job. Soon after doing that deal, he was able to quit his day job and live a life of true financial freedom. Today, he spends his time building up his portfolio of commercial properties as well as teaching and mentoring others on how to leave the rat race and live the life of their dreams from commercial real estate.