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Updated about 2 years ago on . Most recent reply
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Getting Started in Commercial Real Estate
Hello all! My name is Adam and I am just getting educated on real estate investing and looking to purchase some commercial property this year in the St. Louis area.
Looking for any reading material, videos, or podcasts (outside the BP one, of course) to expand my knowledge base.
Appreciate the help and looking forward to connecting with this community!
Most Popular Reply
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Hi @Adam Francis the best way to get started in commercial real estate is to research the market, develop a plan, and identify your end goals. You should research what types of properties are in your area and what the market looks like. Have a good understanding of the basics like zoning laws and building codes in your area. Develop a plan of action that includes the type of property you want and the investment you are willing to make in the property. Set realistic goals that can include financial goals, timeline goals, and other elements you want to consider when investing. Lastly, network and find a mentor in the commercial real estate industry.
There are many books available on investing in commercial real estate. A few that are not mentioned as often are:
-Commercial Real Estate Investing For Dummies by Peter Conti
-The Millionaire Real Estate Investor by Gary Keller
-The Complete Guide to Real Estate Investing by Steve Berges
-The ABCs of Real Estate Investing by Ken McElroy
-The Real Estate Game: The Intelligent Guide to Decision Making and Investment by William Poorvu
- Brett Merrill