Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 9 years ago on . Most recent reply

User Stats

72
Posts
12
Votes
Edouard Pierre
  • Chicago, IL
12
Votes |
72
Posts

Commercial Real Estate for Restauranteurs/Bars (Chicago)

Edouard Pierre
  • Chicago, IL
Posted

I've been a real estate agent in Chicago for just about a year now and have focused my energy on residential sales/purchases. Prior to working in real estate, I worked a lot in the restaurant industry here in Chicago (bartending/serving) and have come to know many successful restauranteurs. 

My question is the following: What would you recommend be my first steps to take to really dive deep into this sort of real estate?

The "advantage" I have, in my opinion, is that I have a very good idea of what spaces would fit a good restaurant or bar and I also have the potential client base (or can find it). What I don't have any clue about is how to analyze a good deal, find places that aren't on the MLS, and lack the knowledge in regards to the whole process. I understand that this is a vague description of what I'm looking to get into but hopefully it starts up a conversation so we can all pitch in. Thank you very much!

Loading replies...