Always be prepared to walk away.For some this is too much, for others this is just part of the game.

With a portfolio approach my returns varied from 10% in a bad year to over 20% in a good year but probably averaged out at about 15% not counting appreciation.Now Im moving out of those assets into more syndications and passive.

It’s often described as the “training wheels” of real estate investing, as it allows you to get into the game with minimal risk.

While full recovery remains elusive, the sector's current stability is a positive sign amid ongoing challenges.ConclusionThe second half of 2024 presents a varied landscape for commercial real estate, with opportunities and challenges differing across sectors.

The auction game takes patience and you must always have your money ready.

I am an old head in the game and started before many forms of private or hard money lending existed.

Referrals can be a game-changer in expanding your investor network.

However I would not consider them to be truly passive because they do not put any skin into the game like a good passive investment does (via a sizable coinvestment).

Honestly, it's not BS- this is how professional tenants play the game, you need to know the rules.

The ROI will vary depending on the listing.