Tips for Getting Started in Commercial Real Estate Investing

Are you interested in investing in commercial real estate? In this video, I share a couple of tips that helped me when I started in commercial real estate back in 2006.

The first tip is to drive by the area you're interested in investing in and call FOR RENT signs. By contacting owners or property managers, you can inquire about units for rent and ask if they're considering selling. This is a great way to get a sense of the property's condition and potentially uncover investment opportunities.

My second tip is for real estate agents looking to get into commercial real estate. Consider contacting expired listings for multifamily properties under 20 units. This will give you the chance to talk to owners who have already made the choice to "hire an agent" to help sell their property.

Once you have a good understanding of the numbers and financials involved in commercial real estate, it can lead to bigger opportunities like assets with 100 units or more. That's where the real money is, and it all starts with picking up the phone and driving the area.

So, if you're ready to get started in commercial real estate, follow Urbanize Properties for more tips and insights in the industry. Don't forget to like, comment, and subscribe to stay up to date with the latest videos.


Did you miss our previous article...
https://trendinginrealestate.com/home-remodeling-trends/best-commercial-property-life-time-income-property33l-invest-amp-gets-30000-monthly-rental