Half Million Instant Equity on One Commercial Real Estate Deal

Discover how Preston paid $530,000 for a property worth $1,100,000 and got $570,000, more than a half million, in instant equity! Plus, learn how he acquired it without a bank loan AND his plans to add $5 million more in value. Learn more here: www.commercialpropertyadvisor...
Get your free copy of my best selling book, "Commercial Real Estate for Beginners": www.commercialpropertyadvisor...
Just one commercial deal can change your life! Every successful commercial real estate investor has a mentor. Get your mentor here: www.commercialpropertyadvisor...
For more great videos like this, go to ‪@CommercialPropertyAdvisors‬
0:00 $570,000 Instant Profit Self-Storage Deal: Too Good to Be True?
2:57 Questions? Text PETER to 833-942-4516
3:08 Meet Preston: Entrepreneur and Real Estate Investor
5:13 How Preston Found His Deal
6:44 Creative Financing Strategy
8:29 Value-Add Plan: Increase Occupancy, Raise Rents, Expansion Plans
10:11 Feasibility Study Report
12:54 $5 MM Additional Upside
13:54 Challenges
14:54 Preston's 3 Key Takeaways: Mentorship, Due Diligence, Off-Market Deals
17:26 Deal Overview
19:24 Feasibility Study Highlights

[@CommercialPropertyAdvisors]

Just one commercial deal can change your life! Like Preston, every successful commercial real estate investor has a mentor. Get your mentor here: www.commercialpropertyadvisors.com/protege-program

[@johnnyb33good21]

That's an awesome story! Way to kill it Preston!
Similar story. I purchased an off Market 6 unit multi-family property for $385k with seller financing. 12 months loan term at 6% interest only in phx metro Arizona that also came with a 1 acre parcel zoned for multi-family.
I renovated and fixed up all the units and doubled the net operating income.
I executed a Cash out refinance.
the appraisal came in at $850k. With a loan to value of 65% I was able to get all the repair money back and then some. With where Cap rates and interest rates are at I believe the building's estimated value is at $1 million.
Haven't started development on the land because of the current market conditions
I just signed up to get your free book with my email
It's funny the big difference between 1 to 4 unit properties and then going 5 units above. 1 tov4 units are primarily based on the comparable sales versus 5 units in above where they're based on the net operating income and cap rate. Good way to Force appreciation

[@ronhogandrywall]

Congratulations, Preston! Your hard work and dedication have truly paid off. This achievement is a testament to your perseverance and commitment. May this success be the beginning of even greater accomplishments in your journey. Well done! 🎉

[@QueenySmile7]

Peter and Preston you both blew our minds this morning!!! Thank you so much for sharing we are coming on board soon to get you Peter as our future Mentor👏🏽👏🏽👏🏽🎉🎉 Also happy you are feeling much better!

[@davidferro6773]

Congrats Preston! 💪🏼

[@TK-ne2yo]

Would love to know what market this is.

[@dhowto3005]

Thank you Mr. Peter!

[@mmcleod111]

Great video and great deal!
Congrats to Preston .

[@h-rod7337]

Congrats

[@failforwardfast8609]

Love your videos Peter thank you!

[@CommercialPropertyAdvisors]

Thanks for watching!

[@Earth_to_Kensho...ComeInKensho]

A, storage faculiry isn't a commercial building, it isn't and commercial real estate is about to take down our banking system. Am I wrong Pete? If I'm wrong please explain why I'm wrong because I want to be wrong.

[@Johnged15]

Congratulations Preston on your achievement.

[@djwashx]

Greatdeal!!!!!!

[@derry-antonyprice-zuniga.8875]

[Peter, we need a mic on you. I can barely hear your lesson on my phone while driving and not connected to audio.]

[@pillarcloud8266]

Get headphones

[@patrickkirkland601]

Thank you Preston and Peter for showing this! My Question is how much was the feasibility study? I am assuming that it varies from state to state. Take care Patrick

[@amusan2]

Congratulations

[@bodyup360fitness7]

Hey Peter! Can you get approved for a loan for commercial property even if you have filed for bankruptcy??

[@curtiswest2221]

Hey guys what state is CPA located in?

[@CommercialPropertyAdvisors]

Our team is scattered across the US, from coast to coast. Peter is located in the Bay area of California.

[@eugenehammond6225]

❤ im coming BK soon!

[@CommercialPropertyAdvisors]

Looking forward to helping you reach your goals when you're ready, Eugene!

[@JoeDeWitt71]

Congrats Peter & Preston! This is an amazing deal. Question though...how did Preston come up with the $100K down? Did he syndicate the deal and has other investors?

[@nelsonurraca9341]

🙌🏽

[@bubblewrap4793]

Interesting story more accurate caption is instant equity not profit

[@rpietryk4690]

Congrats