Commercial Real Estate Investing Mentor

[Jabari Bell]

Good morning Bigger Pockets, 

I want to utilize our platform as I'm seeking mentorship in the Commercial Real Estate Investing space in New York. I have experience in residential sales, acquisitions, and developments; and now I'm looking to transition into commercial. 

It'll be greatly appreciated if we can schedule a call via direct message. Looking forward to connecting. 

Best,

Jabari B.

[Henry Clark]

Looks like you already have a lot of experience but still going to start from ground zero.

1.  Use the lookup with my name and find the post.   What happens if you die?

2.   Go to the starting out forum and look up posts.   Mentor1. Thru mentor11.

So now we are to Commercial which can be anything.  Hair cut salon building to 100 story skyscraper.    
  
3. Commercial industrial is more about purpose/zoning and relationships than in SFH. If you're wanting to discuss MFH steer me there.
4.  Get your city county zoning ordinances and learn.  Get their zoning map.   Get their Planned zoning map.

5. Develop your team. You need to add value to them. Hvac, electrical, plumbing, legal, zoning, flooring, painting, SFH realtor, carpenter, etc. etc. Also add landscapers, snow removal, and lawn care. These are your primary lead people.

6.  Learn the special use and variance process.  Attend some meetings.

7.  Scale.  You’re not getting into the 50 story club.  Size your playing field for the next 5 years and build your team around that size.

8.  Read my development posts on Journeys end subdivision and our Selfstorage locations. 
9.  Look on loopnet and find some properties. Do 5 deal analysis and post on here.  The first deal I don’t want you to get it Right.   Want you to do it in 4 hours.  Wherever you have a question or don’t know put question marks.  Post on here and ask for input. 
10.  You need to learn about the things that will kill your projects.  Utilities, storm ponds and storm sewers, zoning, fire systems, fire hydrants, epa, flood zones.  Etc

11.  Recommend you specialize in two areas of expertise.  A.  Nasty properties, B. Medical plazas.  As examples.  Do other commercial also but be the go to person at least two fields.  Could be school buildings for sale or churches.  

12. Financing, NNN, CAM, insurance, leases, due diligence,

Take all of the above and make a list of topics to learn.  Keep adding to it.   Don’t read another post, watch a blog, or read a magazine until you have done the above.

13.  Relationships.  You need to start building relationships or channels for relationships.  If you pick medical plazas then you need to develop channels to “new” dentists, chiro, foot, etc.  Old professionals will already be set.  Clubs, etc.  

This is part of your path. Keep adding to it.