Today’s episode is going to be really short and sweet because I am going to go right ahead and share with you the not so secret secret on investing in commercial real estate. Make sure to tune in and find out what it is!
[00:01 - 09:41] The Secret to Researching Market Rents for Retail & Industrial Properties
I share the topic for this episode I share a story about a friend of mine My friend has been in the industry for 25 - 30 years Provided a great investment opportunity Barriers to entry when transitions from single family to commercial are significantly higher Difficulty in finding information on rental rates While multifamily has a bit of good information Information is hard to find People with the information won’t disclose How to secure rental rate information Talk to them and ask the right questions The importance of knowing the predictability of the stream of revenue when investin gin property If you are interested in my coaching and consulting program, please reach out to me through email at shane@shanemelanson.com or see below for my website link Final words
Tweetable Quotes:
“To sum it up, the secret or not, so secret secret on investing in commercial real estate like, and I'll use commercial outside of multifamily, is the fact that the information on rental rates is imperfect.” - Shane Melanson
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