All Forum Posts by: Richard Turner Jr

I'm not affiliated or compensated in any way by Peter Harris and/or his company for my contribution to this thread. I signed up for Peter's free CRE course... I imagine it could be a primer for his Protégé Program. I thoroughly enjoyed his recent case study he did with an individual who supposedly took his training/mentorship: https://www.commercialproperty...

What I liked about that case study was that the mentee allegedly bought 7 units and then 66 units, in about 9 months (from scratch), and at the time of the interview, she was in contract to close on an additional 241 units soon. Wow!

I don't know how good Peter's training/mentoring is but I would assume that if the case study I saw is true, then his mentee likely believes she made a good decision to work with him. 

I'm sure I will explore what Peter can offer me as a Protégé in the future. I've also come across a few other mentors and their programs in the CRE space that I'm willing to learn more about as well.

For example, Chad with https://37parallel.com/ from Bigger Pockets podcast episode #317 also is someone who intrigues me based on what he shared in that podcast interview. 

At any rate, I agree with Karma, I don't like bait and switch tactics. If there is a fee, tell me upfront and show me why it's worth paying and I'll decide from there. As an aside, if the $15 - $20K Protégé program fee is refunded after hitting $250K in monies earned by Peter and me, I'm fine with that.

Hey Travis! I'm grateful for you sharing that information. 

Specifically, I want to know what are the 9 ways to acquire an industrial zoned property.

Any experience acquiring that kind of asset?

I appreciate your thoughts on this Taylor. 

Your reply is exactly why I decided to see what you and others would be willing to share based on personal experience.

Greetings to everybody! 

Recently, me and a past colleague were discussing what we found interesting about CRE when he mentioned that he heard there's "9 ways to acquire a commercial property" and he asked me was I aware of them. The answer was no. So me being curious, I searched specifically for what he asked me and I came up with this list from a February 2019 article in Forbes:

#1: Invest in real estate ETFs
#2: Invest in real estate mutual funds
#3: Invest in REITs
#4: Invest in a real estate focused company
#5: Invest in home construction
#6: Hire a property manager
#7: Invest in real estate notes
#8: Hard money loans
#9: Invest in real estate online

This is the original article from Forbes:
https://www.forbes.com/sites/jrose/2019/02/22/real-estate-investing-without-buying-property/#69415c71f544

Are there any additional conventional or unconventional methods/strategies that aren't on this list that you know of from experience?

Thanks in advance for any insight or resources you can share.

Richard

That's a great story Skylar! 

It's inspiring that your story takes off after your co-worker gave you the Rich Dad Poor Dad book to consider reading instead of going to grad school.

Obviously, you didn't just acquire real estate investor knowledge, you put it to good use by becoming an active investor!

Now just 3 short years later, you control 54 units and benefit from a fantastic asset class that can open many more doors for you in the future.

Congratulations! 

Incidentally, Wealthability.com is Tom Wheelwright's website and you may know or not know that he is Robert Kiyosaki's Tax Advisor!

Check out his Youtube Channel and or his website, he shares valuable information and he happens to not only be a CPA (with a specialization in Tax Law), he's also a successful real estate investor.