Читать книгу Commercial Real Estate Investing For Dummies - Peter Harris - Страница 14

We know that you can make money investing in commercial real estate for three reasons:

 If we can do it, you certainly can, too. Both of us started from modest beginnings, and we aren’t special by any means. In fact, coauthor Peter Conti used to be an auto mechanic. Coauthor Peter Harris was an introverted engineer.

 We are blessed to be surrounded by our Commercial Mentoring Program students who for the most part have started with little or no experience in commercial real estate. Every time a Mentorship student gets another deal, they prove that it really is possible.

 If you look at the most successful investors out there, you’ll find that they all have a pattern in common: They’ve typically started out by investing in homes, running a business, or working in a fairly well-paying profession. The next step is to begin investing in smaller commercial properties, such as apartment buildings. At some point the successful investors all move up to either big commercial deals or land development.

Coauthor Peter Harris started out investing in real estate by purchasing single-family homes. He did quite well in it, but one day he was daydreaming and said to himself, “What if I could combine all my rental homes under one roof?” He felt that would make managing the properties a lot easier because he wouldn’t have to drive around the city chasing rents. In fact, he realized that he could make better use of the time that he saved by investing even more! When he woke up from his daydream, he realized that he had just described an apartment complex. To make a long story short, he sold all of his rental homes and bought large apartment complexes. And the rest is history. His cash flow went from hundreds per month to thousands per month in only two years.

If he can make it starting out where he did as an introverted engineer, and now he’s buying commercial properties worth millions, you certainly can, too. You see, Peter is simply an average person who applied the ideas in this book to change his life. If he can do it, anyone can use commercial real estate investing to transform their life.

Co-author Peter Conti was working as an auto mechanic when he first got started investing in commercial real estate. He tells his clients that he was “scared to death” when he bought his first property — a small duplex. Peter Conti used the same ideas you’ll be learning about in this book to go from mechanic to millionaire in just three and a half years, and he started out with just $1,500 in the bank! If the Peters who wrote this book can do it, anyone can use commercial real estate investing to transform their life.

Throughout this book, we show you what “good real estate” looks like, and we tell you how to time the real estate market, what markets to stay away from, and how to know a good deal from a bad deal. Then we set you up with some powerful guiding principles of investment to help you move forward.