Monday, 18 May 2020

Why you need to start investing in commercial real estate

People often ask me how I got started in commercial real estate, and I tell them it was a conscious decision for me.

Most people who start investing in real estate start with single-family residential properties because they feel more comfortable with it. They say to themselves, "All I need to do is a couple of deals a month. I will earn five or ten thousand dollars, then, after a few months, most of my problems will be solved." They really don't understand all that is involved in involving these properties.

They think they are going to make a lot of money, but in no time, they often end up with a lot of problems and a lot of headaches. They may have traded their job for a higher-paid, perceived job, but they find it is really affecting their lives.

If you belong to a real estate investment group, take a look around you. Look at people who have made twenty-five to fifty houses or more. Are you living the life of your dreams? More importantly, are they living the life of your dreams? They may be better than you now, but is this what you really want to work on? I know many people who have a large portfolio of properties but who have not really achieved the kind of freedom, success and wealth they really want. How can you change this? In my opinion, the answer is the commercial real estate Medical Office.

WHY COMMERCIAL REAL ESTATE?

When I decided to start investing in real estate, I stopped and took a look. I realized that the people who made a lot of money in real estate were the people who owned buildings, not houses. The people who owned the big apartment buildings, the big office buildings, the department store, and the industrial space, those are the ones who really seemed to live the lifestyle I wanted.

They did not have to be there tending to their properties; They had property managers who took care of it for them. However, they were the ones who wrote the checks, took planes to exotic places and destinations, and lived the lifestyle they wanted so much.

After looking at this for quite some time, I decided that there must be a way to do it. They couldn't have been much smarter, learned much more, or had access to more resources than I could. Although he didn't know how right away, he knew he could find a way to do it.

I sat down and took the time to learn how to invest in commercial real estate, which is what I would recommend you do. I studied and discovered exactly what it would take, and as I learned, commercial real estate became less and less mysterious to me.

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