Commercial Real Estate Secrets The #1 Best Way To Not Lose Money On Your First Commercial Real Estate Deal
How do you do your very first commercial real estate deal without losing any money?
Many people fear losing money on their first commercial real estate deal, which often leads to inactivity and missed opportunities for financial growth and freedom.
In this episode, we address the fear of losing money in your first deal and provide a solution through education and due diligence. By following the right steps, you can mitigate risks and increase your chances of a successful investment.
BY THE TIME YOU FINISH LISTENING, YOU'LL LEARN:
- The importance of due diligence and how it protects you from making costly mistakes.
- How to verify income and expenses on a property, ensuring accurate financial information.
- The significance of zoning verification and its role in safeguarding your investment.
- Alternative ways to start your investing career, such as becoming a limited partner in a syndication.
- The benefits of starting small and gradually building your commercial real estate portfolio.
Chapters
00:00 Introduction and Listener of the Week
00:30 Fear of Losing Money in First Deal
01:27 Importance of Due Diligence
03:49 Due Diligence Process
07:11 Becoming a Limited Partner
08:11 Start Small
08:41 Additional Resources and Conclusion
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