Are there any good resources out there for analyzing commercial properties such as stores/retail? I’m thinking of investing in commercial retail but I am not sure where to start. It seems like most guides focus on residential type properties.
If your interested in commercial. Do yourself a favor and attend one of Scott Scheels commercial seminars, absolutely worth the time/money. He even provides you with software to analize your deals! Scott your the man. Keep up the good work
DON’T WASTE YOUR MONEY ON THE SCOTT SCHEEL’S COURSE! A FRIEND OF MINE ASKED ME TO REVIEW THE COURSE WHICH HE PURCHASED FROM THE LEARNING ANNEX, AND IT IS VERY BASIC. YOU NEED IT IF YOU KNOW ABSOLUTELY NOTHING ABOUT COMMERCIAL PROPERTIES. EVEN IF YOU ARE A NOVICE COMMERCIAL INVESTOR, THERE ARE VERY INEXPENSIVE MATERIALS AVAILABLE OUT THERE.
LEON
lol…
i sorta agree with ltpintltrade. It’s a decent course, but I personally would not recommend it just b/c I know you can get the exact same information from a book that costs $19.95.
Just do an Amazon search on “commercial real estate”. Pick one up and just read it.
The one I particularly like is What Every Real Estate Investor Needs to Know about Cash Flow… And 36 Other Key Financial Measures:
Ok, maybe exactly not the same (the main difference being that he goes over some examples), but trust me, unless u have the IQ of a doorknob, you’ll barely notice the difference. And if you are a doorknob, I apologize for that comment.
I have some good books on my blog. John L. Bowman and Peckham have the best books for commercial beginners.
Bowman’s book is good, especially if you are going to be in the business (commercial real estate brokerage). CCIM has a 2 day course on commercial real estate investment analysis which can be taken online or in classroom. I prefer the in classroom - you get to ask and hear relevant questions. www.ccim.com then to to the education tab.