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Updated about 9 years ago on . Most recent reply

User Stats

100
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34
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Joshua Pavao
  • Miami, FL
34
Votes |
100
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Commercial education recommendations??

Joshua Pavao
  • Miami, FL
Posted

Hello BP!

I'm located in an area where large multi family units are common, I'm VERY interested in skipping the SFH game and get right into investing in commercial apartment complexes.

Could anyone recommend some reading material for this niche? So far I have two books on my list (commercial mortgages 101 and ABC's of REI)

If there are any investors or brokers in the south Florida area I'd love to hear from you!  

Some keyword alerts: Miami dade fort Lauderdale Broward soflo Florida 

I appreciate any input!

Most Popular Reply

User Stats

917
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726
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Thomas Franklin
  • Real Estate Investor
  • Miami, FL
726
Votes |
917
Posts
Thomas Franklin
  • Real Estate Investor
  • Miami, FL
Replied

@Joshua Pavao 

Books are good, for learning the fundamentals. However, in my opinion, and experience you need to learn and gain a great understanding, of the various municipalities, with respect to demographics, pocket market appreciation/ depreciation, pocket market economic factors, demand for the need to rent, the needs of tenants such as close access to transportation and shopping, vacancy rates, etc. None of the aforementioned can be learned, from books. A wise investor will have a good understanding of the marketplace; thereby where to invest, will be dictated, buy one's marketplace insight. 

  • Thomas Franklin
  • Loading replies...