Best books/podcast for Commercial Investing?

[Dominque Echenique]

Hello BP,

I’ve always been interested in the commercial investing - multi units , commercial construction for residential or business. I want to deep dive into that in hopes of taking one on in the next few years.

What are some of the recommendations on books or podcasts to learn? Really any source, if you are a commercial investor, what has been your biggest struggles ? Biggest learning moments?

Thank you in advance for the recommendations and stories !

[Clayton Bownds]

I don't have much in the way of recommendations for collateral on other strategies, but if you are interested in Multifamily, I second the recommendation above by @Tony Lin to check out the Old Capital Podcast. There is a tremendous amount of value being delivered there... there are several out there that provide a wide range of content for investors at different experience levels... Jake and Gino's Wheelbarrow Profits, Joe Fairless's Best Real Estate Investing Advice Ever, etc. The biggest value I get from podcasts are from stories of experience and tribal knowledge shared by the guests being interviewed, so I tend to focus on shows that have a lot of that style content. If you search around, you'll find the ones that you like best for what resonates with you. 

As far as books go, the first book I read on multifamily investing was Dave Lindahl's Multi-Family Millions. I thought it did a good job of laying out the basic framework of apartment investing, but it is heavily focused on value-add repositioning. Wheelbarrow Profits from Jake and Gino is a good intro and easy read. Joe Fairless and Theo Hicks Best Ever Apartment Syndication Book is also worth reading imho. Any one of those would give you enough information to determine if multifamily is a strategy you are interested in investing time, work, and money into and help you narrow down your investment criteria. 

A little self-education up front goes a long way... it's easy to get lost in the sea of "free" information out there... 

/c