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What a Great Commercial Deal Looks Like

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  • Опубликовано: 7 авг 2024
  • Discover what a great commercial looks like so you'll know what they look like when you come across them. And you'll learn this lesson from the example of beginner investor who just closed on his first GREAT deal. Be inspired and educated with this powerful video.
    www.commercialpropertyadvisor...
    0:00 What a Great Commercial Deal Looks Like
    1:57 4 Keys to a Great Commercial Deal
    4:11 Meet Beginner Investor Steven
    6:58 Off Market Deal
    15:10 Financing the Deal and Upside Potential
    17:13 Solid Property Management
    23:22 Exit Strategy and Future Plans
    27:14 Deal Recap
    29:57 5 Qualities that Contribute to Success

Комментарии • 176

  • @CommercialPropertyAdvisors
    @CommercialPropertyAdvisors  Год назад

    Get a great commercial deal just like Steven! Apply to be our next Protege here: www.commercialpropertyadvisors.com/protege-program

  • @stevelanz
    @stevelanz 2 года назад +7

    Wow!!! Beginner achieving $250K in INSTANT EQUITY from a Seller that was an Attorney and RE Broker!! Mr. Harris you are the REAL DEAL!!!
    CONGRATULATIONS STEVEN!!!

  • @13teashford46
    @13teashford46 2 года назад +2

    Great Inspiring Story of Accomplishment! I study this case study with my wife, several viewings and Plan to launch my first Multi-family project upon my retirement this August 2022. Go Steven Go!

  • @adanam6377
    @adanam6377 2 года назад

    This is amazing story! Congrats Steven! Think beyond your limitations and have a clear goal - commercial apartment in his case and mentor with the #1 in this space and took action. Nothing comes easy. No he did not tell you how he found the deal. There are lists to find off market deals, talk to neighbors, friends, other ways so that's your job. Get off your comfy sofa, get to work if this is what you want. Ain't going to be easy but good things are never created easy.

  • @ihrtaj
    @ihrtaj Год назад +1

    Thanks Peter, which I just bought your book too.
    Keep up the great work Steve!

  • @reducedeffort
    @reducedeffort 2 года назад +20

    Congratulations Stephen! Thank you both for explaining the details of this deal. I am still curious about how he found the property and how he initially approached the owner.

    • @CommercialPropertyAdvisors
      @CommercialPropertyAdvisors  2 года назад +12

      We keep the specifics of how to find the best off market deals close to our vest. It's one of our many secret sauces that we only share with our Proteges.

    • @michaelashley2605
      @michaelashley2605 Год назад

      @@CommercialPropertyAdvisors Do feel advertised properties, "on market", do not make for the opportunity of a good deal?

    • @CommercialPropertyAdvisors
      @CommercialPropertyAdvisors  Год назад

      @@michaelashley2605 Almost never.

    • @michaelashley2605
      @michaelashley2605 Год назад

      @@CommercialPropertyAdvisors I would like to find out about being mentored. Please advise.

    • @CommercialPropertyAdvisors
      @CommercialPropertyAdvisors  Год назад

      @@michaelashley2605 Apply to our Protege Program here: www.commercialpropertyadvisors.com/protege-program

  • @shadowhawkthunderbear9266
    @shadowhawkthunderbear9266 2 года назад +1

    Congratulations Steven! Greatly appreciate the detailed explanation on the how, when and why of this deal. It definitely helped on increasing my understanding of commercial real estate investing in off-markets. Thank you.

  • @vacuumbed1
    @vacuumbed1 2 года назад +2

    Congratulations Steven! I also bought a small multi family in Oklahoma last year.

  • @oluwaseyijohn5307
    @oluwaseyijohn5307 7 месяцев назад +1

    What a great coach and teacher.This world need more people like him.

  • @davidferro6773
    @davidferro6773 2 года назад +1

    Nice work Steven!
    Awesome start right out the gate in commercial R/E
    Thanks for sharing!

  • @shanghaiwriter
    @shanghaiwriter 2 года назад

    Congrats, Steven. A case study of perseverance, determination and a meticulously thorough approach. Inspiring, encouraging and a model to follow.

  • @ProductPioneer
    @ProductPioneer 2 года назад +1

    Congratulations, Stephen! YOur story is motivating - keep crushing it!

  • @Michellemybell739
    @Michellemybell739 2 года назад +2

    Great video! Very helpful for me as a new commercial realtor and investor. 👍🏾

  • @bbnachaser1570
    @bbnachaser1570 Год назад +1

    Congratulations Steven you are incredible 👏 thank you Peter and commercial property advisors for all you guys do 🎉

  • @5th_houseontheright
    @5th_houseontheright 2 года назад +13

    Great example. Would love to learn more about Steven’s strategy to find that deal.

    • @CommercialPropertyAdvisors
      @CommercialPropertyAdvisors  2 года назад +6

      We keep the specifics of how to find the best off market deals close to our vest. It's one of our many secret sauces that we only share with our Proteges.

    • @gregl.thomas2286
      @gregl.thomas2286 2 года назад +2

      You never said how he financed the deal?

    • @CommercialPropertyAdvisors
      @CommercialPropertyAdvisors  2 года назад +4

      @@gregl.thomas2286 Local Bank

  • @robertoinvests
    @robertoinvests 2 года назад +4

    This young man just became wealthy!!! Thanks to Peter

  • @fredye286
    @fredye286 Год назад +1

    Congrats Steven. Very inspiring and moviational at the same time. I really appreciate how each of your broke down this out of state deal.

  • @dave10294
    @dave10294 2 года назад

    Congratulations Steven! As my partner and I are beginners in the program, your testimony was extremely insightful! We'll be sure to remember your knowledge and tips when we close on our first deal. Thank you!

  • @janicemcgowan7493
    @janicemcgowan7493 2 года назад +1

    Great job!…Thanks for sharing! Bless me in my endeavors! Ty

  • @michaelveiloursecuredcredit
    @michaelveiloursecuredcredit 2 года назад +1

    A BANG UP, JOB STEVEN ! WAY TO GO GUY ! 💪🏾👑💯

  • @daltondrake3118
    @daltondrake3118 Год назад +2

    Thank you Peter. You mean so much

  • @opie1kanobie
    @opie1kanobie Год назад

    Congratulations Steven! Great job on getting a great deal put together. Looking forward to joining CPA and doing some of those deals myself.

  • @JohnReedHammond
    @JohnReedHammond 2 года назад

    Wow! Phenomenal deal! Way to kill it Stephen. This video is inspiring. Thank you

  • @andreboone2186
    @andreboone2186 2 года назад +1

    Congratulations Stephen! Keep up the good work.

  • @alona724
    @alona724 2 года назад

    What a fun and exciting story! Congrats Stephen!

  • @douglasfodor1598
    @douglasfodor1598 19 дней назад +1

    great job Steven. it was a pleasure watching and listening to your story. k

  • @agape99ful
    @agape99ful 2 года назад

    Congratulations Steven! Your story is super encouraging.

  • @maureen2500
    @maureen2500 2 года назад

    Awesome Job Steven...Congratulations!!

  • @donnamorgan5641
    @donnamorgan5641 2 года назад

    Awesome job Stephen! This was a great video with lots of insight and transparency into how CRE investing is done.

  • @chrismorris7311
    @chrismorris7311 2 года назад

    Great video! Video did a good job emphasizing how much work goes into a commercial deal. I would say this is a decent deal not great based on new investor, out of state, and massively deferred maintaince that is only beginning to declare itself. Having said that gotta start somewhere. Sweet video and congrats Steven!!!!

  • @mustaqeem2000
    @mustaqeem2000 2 года назад

    Congrats Steven love the fantastic job you did on this deal.

  • @rogeraguilar5365
    @rogeraguilar5365 Год назад +1

    Awesome! Stephen, you are smart guy! Congrats!

  • @ricardogreen2123
    @ricardogreen2123 5 месяцев назад

    Great job Steven! 🎉🎉🎉

  • @Cathy-qb9fw
    @Cathy-qb9fw 2 года назад

    Great job Stephen! Truly inspirational!!

  • @dannygarcia7806
    @dannygarcia7806 2 года назад

    Congratulations Steven. Keep up the good work!

  • @nancybuck7768
    @nancybuck7768 2 года назад

    Awesome Deal and spectacular job Steven.

  • @SuperGoldDay
    @SuperGoldDay Год назад

    Congratulations Stephen! You encouraged me, an old beginner, to lookout far .

  • @rjmcasino
    @rjmcasino Год назад

    Great job Steven and Peter! Very informative.

  • @gilbertjean-louis4826
    @gilbertjean-louis4826 Год назад +1

    Congratulations to both of you great job 👏

  • @franklinokonkwo1277
    @franklinokonkwo1277 Год назад

    Inspiration! Wish you more success

  • @marcof.8715
    @marcof.8715 2 года назад

    That was great Steven. Very inspiring

  • @curtisblackley1074
    @curtisblackley1074 5 месяцев назад

    Great job Steven!!!!!

  • @sirjames1484
    @sirjames1484 Год назад

    Great video..very informative💯❤🙌🏿

  • @gsmith4502
    @gsmith4502 2 года назад

    Great job & Congratulations on a great deal!

  • @davidjones5993
    @davidjones5993 2 года назад

    Congratulations Steven, Great job.

  • @CM-tt8no
    @CM-tt8no Год назад

    Great Job Steven!

  • @getahandle
    @getahandle Год назад

    Great job Steven!! Due Diligence go a long way!

  • @asktr_letstalkaboutit8567
    @asktr_letstalkaboutit8567 2 года назад

    Great job Steven!👏🏾👏🏾👏🏾

  • @arnoldhuynh7473
    @arnoldhuynh7473 2 года назад

    Thank you for an awesome video

  • @jonathanwatkins4231
    @jonathanwatkins4231 2 года назад

    Great job Stephen !!

  • @allisononyoutube5794
    @allisononyoutube5794 2 года назад

    Congratulations!! Awesome!

  • @eleazar4122
    @eleazar4122 Год назад

    Congratulations Steven!😊

  • @patriciajones1764
    @patriciajones1764 2 месяца назад

    Congratulations Steven!!

  • @bolajiisijola615
    @bolajiisijola615 2 года назад

    Congratulations Stephen!!!

  • @jamiestumps6146
    @jamiestumps6146 2 года назад

    Wow Congratulations Steven!

  • @personalfinance2341
    @personalfinance2341 Год назад

    Congratulations Steven!

  • @dfrank2044
    @dfrank2044 2 года назад

    Great interview. Thanks

  • @pezzman57
    @pezzman57 2 года назад

    Great job Steven!!!

  • @steveh1460
    @steveh1460 3 месяца назад +1

    Great job Steven

  • @asburyjohnson58
    @asburyjohnson58 2 месяца назад

    Congratulations Stephen!

  • @collinbaptiste5619
    @collinbaptiste5619 Год назад

    Steven, you're a flipping genius, bro 👏🏾

  • @jacquelinekao6950
    @jacquelinekao6950 2 года назад

    great job steven!!

  • @user-us6rf8fo5x
    @user-us6rf8fo5x 7 месяцев назад

    Good Job !!

  • @kevinpoulsen5200
    @kevinpoulsen5200 2 года назад

    Thanks Peter for the video and great job Steven. Looking to sell my business next year and get into commercial real estate. Hoping to connect with Peter and his team.

  • @Gigette7
    @Gigette7 2 года назад +2

    Great job, Stephen! Very interesting. I want to be an investor in one of your projects. And Peter, I always thought you kind looked Asian … you said in this video your mother is Japanese. That explains why. 😊😊

  • @mbaracisse8284
    @mbaracisse8284 2 года назад

    Congratulations man!!

  • @delpatiofilms
    @delpatiofilms 2 года назад

    Great job Steve!

  • @Jollofpappi
    @Jollofpappi 2 года назад

    Great job Steven!

  • @aleksandrk2328
    @aleksandrk2328 2 года назад +3

    Great Video!! Very thorough. Steven is great at communicating! Looking forward to seeing his second video. Any tips on how he prospected the deal and initially contact the seller?
    Thank You!!

    • @CommercialPropertyAdvisors
      @CommercialPropertyAdvisors  2 года назад

      We keep the specifics of how to find the best off market deals close to our vest. It's one of our many secret sauces that we only share with our Proteges.

    • @aleksandrk2328
      @aleksandrk2328 2 года назад

      @@CommercialPropertyAdvisors Fair enough, I appreciate all the great content and what you do! Thank you

  • @sahatnainggolan2756
    @sahatnainggolan2756 Год назад

    Great job Steven! it's very motivated me, I wished I can talk directly to you to get more motivated. Thanks to you too Peter for sharing this video>

  • @michellegandy3927
    @michellegandy3927 2 года назад

    Congrats Steven!!!

  • @shirleyabarner9764
    @shirleyabarner9764 2 года назад

    Greetings Steven,
    Kudos! 👍

  • @erakstanback6171
    @erakstanback6171 Год назад

    Congratulations Steven 🎉

  • @larrybtran
    @larrybtran 2 года назад

    Congrats Stephen!

  • @paulstewart8624
    @paulstewart8624 9 месяцев назад

    Great job

  • @NewWay23
    @NewWay23 2 года назад

    Great job steven!

  • @natusfreedom472
    @natusfreedom472 Год назад

    Very inspiring , being Ali’s in California.. very hard to find deals , congrats Steven

  • @40EntrepreneurDrive
    @40EntrepreneurDrive 2 года назад

    I'm in the business planning stages of starting my first business. I really want a freestanding building for my daily operations. It seems like your top strategy is patiently waiting for that "great home run of a deal" that is found *off* *market* .
    Between my enthusiasm and anxiousness to have numbers to run and also to start as soon as possible, I'm compelled to looking at MLS listings and sites such as loopnet.
    Is it possible to obtain a good deal somewhat quickly from from an unlisted property when you're just starting out? Or is it strictly a game of patience?
    I'm looking for a space to use as a recording studio if that makes a difference.
    Good job on your first major dea Steven!👏. You are an inspiration.

  • @jcabral6231
    @jcabral6231 2 года назад

    Great Job

  • @CoachCleats
    @CoachCleats 2 года назад

    Way to go Stephen!

  • @dominicjamesgaming
    @dominicjamesgaming 2 года назад +1

    Wonderful

  • @davidgrover2082
    @davidgrover2082 2 года назад

    Great job Steven $$$$$$

  • @ridwanraji5965
    @ridwanraji5965 Год назад

    Congratulations Stephen

  • @AberrantArt
    @AberrantArt Год назад +1

    Do you have any videos on what to look for in a good property manager? They seem hard to find.

  • @WinfordStraub
    @WinfordStraub 2 года назад

    Congrats!

  • @teresariley2059
    @teresariley2059 2 года назад

    Congratulations🎉🎉

  • @orlandopaez2593
    @orlandopaez2593 2 года назад

    Congratulations.!

  • @MrKingman2012
    @MrKingman2012 2 года назад

    This is great! But how do you find lenders to finance the deal?

  • @jbzzey
    @jbzzey 2 года назад

    Congrats to Steven.

  • @mralites
    @mralites Год назад

    Great content!
    I’ve been a follower of yours for years and I am just now positioned to act. The big question coming out of this interview is, how did he find an out of state non listed property?

  • @brad265
    @brad265 2 года назад

    Congrats Steven

  • @fredi791
    @fredi791 2 года назад

    Nice Congratulations

  • @edgonzalez186
    @edgonzalez186 2 года назад

    Great job Steven! I wonder if the appraisal was income-building or solely property based. Also, did he reveal the seller the appraisal?...not necessary and I wouldn't.

  • @dominicrealestate466
    @dominicrealestate466 2 года назад

    How are we Checking the rents?
    I tried Rent-o-meter is that accurate cause the rents seemed low?

  • @Bryanosunas
    @Bryanosunas 6 месяцев назад

    Nice Steven

  • @eb4878
    @eb4878 2 года назад

    Whoohoo Stephen!

  • @rodrigoibanez5515
    @rodrigoibanez5515 2 года назад +1

    Congratulations Steven, what's the name of the name of the property manager? thanks

  • @phillipjohnson4299
    @phillipjohnson4299 2 года назад

    GONGRATS STEVEN!!!

  • @nickgolbahar6458
    @nickgolbahar6458 2 года назад +1

    Can anyone tell me who the property management company they both use are?

  • @user-yn2rr8ti2l
    @user-yn2rr8ti2l 9 месяцев назад

    totally awesome job steven would like you to join my board of directors of a newly founded REIT