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All Forum Posts by: Ken Thakar

Ken Thakar has started 2 posts and replied 14 times.

Originally posted by @Fred Heller:

There are so many variables involved with commercial deals. But I'm pretty confident that you're not going to find any retail strip centers with national tenants for $1,000,000. Those kinds of centers would fall in the multimillion-dollar zone.

For that kind of cash, I would recommend looking into a multi-family property. I know of a couple of multi-family properties in that price range that will bring the 6% CAP rate.

PJ - I own couple of town houses in harris county and fortbend county. I've never invested in commercial property. I want to learn mathematics involved when I sit down to tally numbers for the property I like. Key indexes that are involved to make a decision based on pure mathematics and historical data.

Originally posted by @PJ Singh:

@Ken I am not sure how far you are into commercial RE learning curve. There are few podcast related to commercial RE. If you have not heard already, I would highly encourage to listen to those.  Great tips to find right area and you ll be able to get useful links through podcast show notes.

Hello Dear Sirs!

I am an engineer having a 9-5 job with oil giant in Houston Texas area. I am very much interested to invest in commercial real estate property as my parallel investment income. I would be very much interested to learn basics to evaluate profitable investment in commercial real estate. Lease terms, national tenants, lease length, lease types, cap rate etc. I am very much interested in small strip joint with national tenants that have lease laid out until another 8 to 10 years. Would someone please guide me through the basics of investment? Goal is to invest up to 1M property with up to 10 % down payment where tenants leases laid out for another 8 to 10 years and cap rate of at least 6 %. Seeking wisdom from learned ones. Best Regards, Kenny