Great Video! I made a mistake in my early days with blunder #4 with an owner finance partnership w/ the original owner on a 8 unit apartment building. Not understanding the contract cost me forced equity in the short term that I created with sweat equity and a longterm ownership when he forced my hand to sell in 2021 due to having a greater ownership in our 60/40 deal.
Thank you so much Peter, all the blunders were helpful and I am aware of most but Blunder #6 stood out the most. Very important to have realistic contingencies. Please know you’re sincerely appreciated.
From the hundreds of CREI videos I’ve watched this video is by far the most valuable. I’d like it ten times if I could. I’m actually going to write down each blunder and pin it on my wall. The contingency blunder really stuck out to me. Thank you!
Thanks for this information ....i'm looking forward to joining.....I own 2 investment properties and I think I've made every blunder in this video.......
Thanks for the excellent information packed into this video, Peter! For me, I'd say my biggest issue is Blunder #2, particularly not doing the proper market research. There is such a plethora of information out there, it can get overwhelming. Once I fine tune my skills at market analysis, speaking only for myself, the deal analysis and speaking with the sellers should be my sweet spots!
#7 was the one that got us on the title was one name but the owner told us just before the final written contract draft that she wanted her son included, so were able to walk away.
Every successful commercial real estate investor has a mentor. Get your mentor here: www.commercialpropertyadvisors.com/mentor
"When emotions go up, intelligence goes down" Thank you Peter for the warning, I needed to hear that!
Great Video! I made a mistake in my early days with blunder #4 with an owner finance partnership w/ the original owner on a 8 unit apartment building. Not understanding the contract cost me forced equity in the short term that I created with sweat equity and a longterm ownership when he forced my hand to sell in 2021 due to having a greater ownership in our 60/40 deal.
Always enjoy the videos... now it's time for me to get busy using the information 😁
@@AdamShindle Thanks for watching! It is never too early to get started in commercial real estate investing!
Thanks Peter for such awesome insights. Much appreciated.
Great work as always!
Due diligence and relationships are key.❤
Thank you so much Peter, all the blunders were helpful and I am aware of most but Blunder #6 stood out the most. Very important to have realistic contingencies.
Please know you’re sincerely appreciated.
From the hundreds of CREI videos I’ve watched this video is by far the most valuable. I’d like it ten times if I could. I’m actually going to write down each blunder and pin it on my wall. The contingency blunder really stuck out to me. Thank you!
How can you go directly to the seller,Peter?
Thanks for this information ....i'm looking forward to joining.....I own 2 investment properties and I think I've made every blunder in this video.......
I think Blunder #3 is my problem. It takes such a while to get a real conversation with a seller that I get too excited when the seller wants to sell.
Thanks for the excellent information packed into this video, Peter! For me, I'd say my biggest issue is Blunder #2, particularly not doing the proper market research. There is such a plethora of information out there, it can get overwhelming. Once I fine tune my skills at market analysis, speaking only for myself, the deal analysis and speaking with the sellers should be my sweet spots!
I have the book and I’m a member how can I get the calculator Peter
Thank you Peter, You are always helpful.
Johnny
Glad to hear that!
Blunder 1- I have been talking to the broker.
Thank you Peter, Love from South Africa
Thank you.Any master lease deals you want to unload to me?
Terrific.
Thank you
Welcome!
I think we’re going have to start adding insurance as a contingency in the future with these companies pulling out of the markets and closing up.
Hi mr. Peter when buying a strip mall do u have to buy the land when strip mall already exists or just the mall 😊??$$
Yes, unless you obtain a master lease that covers the entire strip mall.
In re blunder 7, Is merely a verbal answer enough; and for both why #1&2?
#7 was the one that got us on the title was one name but the owner told us just before the final written contract draft that she wanted her son included, so were able to walk away.
Glad to hear you got out!
I’m hoping in a year selling my 4 unit to level up to commercial
Do you give training to canadians too?
We do! Go here: www.commercialpropertyadvisors.com/protege-program
4-5-6-7 blunde