339. Best Commercial Properties for First-Time Investors

Key Takeaways:

Focus on Simple, Manageable Properties

Look for properties under $2 million

Choose assets with low operational complexity

Prioritize properties with stable, long-term tenants

Best Property Types for Beginners

Small multi-tenant retail centers

Office condos or medical suites

Flex industrial spaces

Single-tenant triple net properties

Critical Investment Criteria

Simplicity of operations

Manageable size

Tenant and lease stability

Market familiarity

Scalability potential

Rookie Traps to Avoid

Highly vacant properties

Complex or unique asset types

Unfamiliar markets

Over-leveraged value-add deals

Practical Next Steps

Choose a property type aligned with your strengths

Understand the local market

Underwrite three deals weekly

Build a network of local contacts

Focus on learning, not just immediate profit