5 Steps to Buy Your First Commercial Property

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0:00 Intro: Where Are You Right Now?
1:47 Step 1: Determine Property Type & Area
2:10 Property Types: Multifamily, Self Storage, Mobile Home Parks
6:07 Step 2: Search and Evaluate
6:29 On vs Off Market
10:49 Step 3: Make the Offer
12:40 5 Components of a Contract
13:47 4 Key Contingencies in Your Offer
18:41 Step 4: Due Diligence
19:32 Caveat Emptor
22:24 Step 5: Fund & Close
22:37 3 Ways to Fund Your Deal
26:11 Recap of the 5 Steps to Buy Your First Commercial Property
26:26 Questions or Comments? Text PETER to 833-942-4516

[JPLMONEY]

I have been procrastinating due to how intimidating for someone like me to make the initiative, but Im glad that Peter is not like those other guys who boast about how much exotic cars they have and how big their mansions etc. etc....just straightforward about learning about CRE....Thank You.

[tradeforcharity]

Big Boy Business needs Big Boy Knowledge. You rookies are gonna get crushed if you dont get Knowledge

This video is just what I needed. Thank you for posting this. I appreciate it.

[Tonka]

I’ve been watching your videos for about 5 months now and have gotten a somewhat firm grasp on how to buy commercial property, however I guess the only thing for me is the actual taking the first step in calling and looking for properties lol

[jaelhernandez]

You make so much money in breaking bad and now you’re selling house and buying houses😂😂

Thank you for the information, well explain video .

[douglasfodor]

great video. good to see it again always.;

[xAds]

I think he deserves a positive review ... I just came through your channel and I find it very informative... I'll looking to get mentoring from you .. I found you quite humble and not one of those "yo bro types with flashing rented stuff " ... So keep them coming and I m sure many will enjoy and join your couching ..
Love from UK

[omarabdallah]

Should a real estate lawyer always prepare the purchase contract? Or do you use a state/realtor contract

[jillmoore]

Hi Peter! I have watched one of your videos and wanted to share it with others but I can't find it! I liked it and it's not showing up on my youtube "liked videos" or in my watched history and I'm wondering if you could help me locate it. You are explaining how to calculate cash flow yearly and you use an example of a 5 unit c-class apt bldg in a b class neighborhood priced @ $600K. You mention several vocabulary terms and you linked videos to these terms in the description (NOI, EGI, OPEX, etc....). I'd really like to watch the vodeo again so if you could link it here, that would be great!

[WallStreetIceCream]

Brother i have good credit but no capital how can i get started ?

[mandyrose]

Real Estate is too expensive now. Or am I wrong?