Commercial Real Estate Investing: A Creative Guide to Succesfully Making Money
Product Description
Dolf de Roos’s Commercial Real Estate Investing reveals all the differences between residential and commercial investing and shows you how to make a bundle. De Roos explores the different sectors—retail, office space, industrial, hospitality, or specialist—to help you discover which is right for you. He shares key insights on finding tenants and avoiding vacancies, financing large investments, managing property, setting a tax-smart corporate structure, and tak… More >>
Commercial Real Estate Investing: A Creative Guide to Succesfully Making Money
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This accessible book gives a clear, comprehensive view of commercial real estate investing. Very useful!
Rating: 5 / 5
I think that the author explained the benefits of commercial real estate very well in this book. He says that most people think that commercial real estate works just like residential real estate, except that the dollars involved are much larger. It doesn’t work like this because psychologically, residential real estate deals with people, where commercial real estate deals with contracts that spell out the responsibilities of landlords and tenants.
The author says that the reason why some investors decided to make the switch into the commercial world is because they get tired of dealing with people and their complaints, tardiness, whining, avoidance, carelessness, rudeness, and indifference. Commercial real estate is different because tenants are running their businesses at the property so they are less likely to leave. Also, they want long-term leases, and fix property problems on their own. This is like a dream for every landlord, but there are also disadvantages to commercial real estate such as the difficulty of attracting commercial tenants. I recommend this book to readers.
- Mariusz Skonieczny, author of Why Are We So Clueless about the Stock Market? Learn how to invest your money, how to pick stocks, and how to make money in the stock market
Rating: 5 / 5
This book has convinced me to start focusing my energies towards commercial real estate investing vs. residential investing. The author has experience on both areas and has written books on both commercial & residential investing. His experiences and college lecturing convinces me he is a reputable source. He doesn’t make any crazy get rich promises, but provides a good frame of reference to operate from which include finding property, finding tenants, factoring whether it is a good buy, and financing etc… I can’t wait to put the ideas to work. I recommend the book to any one curious about getting started in commercial real estate investing. In fact, I’m buying a copy for my father-in-law who only invests in residential rental homes.
Rating: 4 / 5