All Forum Posts by: Nikki Long

Try to find some industry commercial deal Analysis data but most of them are for muti family . Does anyone know where I can find a good deal analyze for industry commercial? Especially want to know how to analyze the downside when the property is vacant .

0 Votes

Tampa, Florida

Quote from @Pavel Sakurets:

Scott Scheel has a good course about commercial real estate, but he concentrates more on apartment investing in his course while he is actively buying retail buildings and not apartments.

The loan default rate on apartments is 58%, so before you buy an apartment building think why is it so high.

Another avenue to consider is mini storages if you want to own real estate, the default rate is only 16%. All most famous ''gurus'' that I know own ministorages and very few own sf, because they understand where they make more $ and spend less time.

I attended a boot camp 3 years ago about mini storages in Indianapolis, it was a very good course. If you do a search on line ''mini storage investing'' you will find it.

I decided not to invest in apartments or ministorages, too much work and headache. I'm going after industrial buildings now because they have lowest vacancy rate and highest ROI at least in MN.

Happy investing!

Hi Pavel, I'm in the exactly same stage as you now after check the Muti family and storage. I decided to focus on industrial building. Is there any course or book you recommend to get into this class asset, I cant find much about it since most of them are for muti family. thx a lot

0 Votes

Quote from @Brock Mogensen:

To syndicate real estate, you either need a track record of experience or partner with someone that has the track record/experience. Investors and banks will want to see the experience.

Prior to syndicating your first deal, you need to spend time educating yourself on not just real estate but specifically syndication.

Underwriting, deal structure, legal processes, due diligence, asset management, investor relations - all very important components.

Syndication can be a lucrative strategy, but it's not something you can just jump into.

It took me 12 months of studying everything I've outlined above before I felt ready to syndicate my first deal.

Thank you for your advice. Did you join any coach or consulate attorney to learn all of it? I'm trying to find a good course to learn the syndication process and all of the components.

1 Vote

Mario ,Thx for replying .

It’s a package deal . 4 park and 1 stoorage units . Didn’t mention any utilities and who pay them . Looks like the seller is paying it . I attached some number they shared with me . They ask 2 million and owner finance

1 Vote

Tampa, Florida

Hi . I m realtor in fl , we have some signle family houses for rental and we do flix up home too . We want to start to do some commercial like mobile home park and campground deal . But we are so new for this they are different from the other investments we had . We saw a deal we are interested in need someone help us to see if the numbers the shelled share with us make sense . Really want to learn and get some advice here

1 Vote

Tampa, Florida

All Forum Posts by: Nikki Long

Nikki Long has started 3 posts and replied 7 times.

Post: Looking for commercial DSCR lender

Post: Looking for commercial DSCR lender

Post: Industrial commercial deal analysis form

Post: The Best Commercial Real Estate Investing Course???

Post: advice for starting a syndication

Post: Can some experienced mobile home investor give us some advice

Post: Can some experienced mobile home investor give us some advice