276: How to Get Into Commercial Real Estate Investing (For Beginners) - a podcast by BiggerPockets

from 2023-04-08T06:00

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Learning how to get into commercial real estate investing seems like a challenging task. With so much industry-specific verbiage and vocabulary like cap rates, pro formas, NOI, triple net, and more, a rookie real estate investor can seem put off by the seemingly tricky world of commercial real estate. But what if we told you that finding, buying, and making money from commercial real estate was much easier than residential real estate? What if you could build wealth quicker, buy more valuable properties, and reach financial freedom faster with just a few deals instead of dozens of single-family homes? Today, we’ll show you how to get started!New investors often put commercial real estate on the back burner, but nothing stops you from buying a large property right now. To explain how to do it, we brought on Annie Larner, commercial real estate broker based in Northern Colorado. She’s seen everything from warehouse deals to self-storage, retail centers, and office spaces. She knows EXACTLY what a beginner can do to get in the game and why commercial may be a FAR better option than going down the residential route.
In this episode, Annie will explain exactly what commercial real estate is, how it’s valued, and the different types of properties you can buy. She also goes in-depth on why it’s MUCH easier to purchase commercial real estate than residential and how using a broker can help unlock hidden deals that other investors aren’t aware of. So, if you’re still chasing small deals and want to level up to where the real money is made, stick around!In This Episode We Cover
Commercial vs. residential real estate and why buying bigger properties is easierUsing a commercial real estate broker to find deals that no one else knows about
How to analyze a commercial real estate deal and pro formas explainedDue diligence, inspections, and what to do once you have a property under contract
Cap rates, NOI, and how to value a commercial real estate property The BEST property type for beginners with the most gradual learning curve
How to find commercial tenants, lease types, and zoning rules you MUST pay attention toAnd So Much More!
Links from the ShowFind an Investor-Friendly Real Estate Agent
Ashley's InstagramTony's Instagram
CatyListCoStar
CrexiMLS
Mojo DialerReal Estate Rookie Facebook Group
LoopnetRealtor.com
ZillowConnect with Annie:
Annie's EmailAnnie's Instagram

Check the full show notes here: https://www.biggerpockets.com/blog/rookie-276Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email: advertise@biggerpockets.com
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