Just one commercial deal can change your life! Like Preston, every successful commercial real estate investor has a mentor. Get your mentor here: www.commercialpropertyadvisors.com/protege-program
@johnnyb33good21 Жыл бұрын
That's an awesome story! Way to kill it Preston! Similar story. I purchased an off Market 6 unit multi-family property for $385k with seller financing. 12 months loan term at 6% interest only in phx metro Arizona that also came with a 1 acre parcel zoned for multi-family. I renovated and fixed up all the units and doubled the net operating income. I executed a Cash out refinance. the appraisal came in at $850k. With a loan to value of 65% I was able to get all the repair money back and then some. With where Cap rates and interest rates are at I believe the building's estimated value is at $1 million. Haven't started development on the land because of the current market conditions I just signed up to get your free book with my email It's funny the big difference between 1 to 4 unit properties and then going 5 units above. 1 tov4 units are primarily based on the comparable sales versus 5 units in above where they're based on the net operating income and cap rate. Good way to Force appreciation
@davidferro6773 Жыл бұрын
Congrats Preston! 💪🏼
@QueenySmile711 ай бұрын
Peter and Preston you both blew our minds this morning!!! Thank you so much for sharing we are coming on board soon to get you Peter as our future Mentor👏🏽👏🏽👏🏽🎉🎉 Also happy you are feeling much better!
@TK_090 Жыл бұрын
Would love to know what market this is.
@dhowto3005 Жыл бұрын
Thank you Mr. Peter!
@curtiswest222111 ай бұрын
Hey guys what state is CPA located in?
@CommercialPropertyAdvisors11 ай бұрын
Our team is scattered across the US, from coast to coast. Peter is located in the Bay area of California.
@ronhogandrywall Жыл бұрын
Congratulations, Preston! Your hard work and dedication have truly paid off. This achievement is a testament to your perseverance and commitment. May this success be the beginning of even greater accomplishments in your journey. Well done! 🎉
@mmcleod11111 ай бұрын
Great video and great deal! Congrats to Preston .
@rpietryk4690 Жыл бұрын
Congrats
@eugenehammond6225 Жыл бұрын
❤ im coming BK soon!
@CommercialPropertyAdvisors Жыл бұрын
Looking forward to helping you reach your goals when you're ready, Eugene!
@bodyup360fitness711 ай бұрын
Hey Peter! Can you get approved for a loan for commercial property even if you have filed for bankruptcy??
@familyh11185 ай бұрын
Good job Preston
@Johnged1511 ай бұрын
Congratulations Preston on your achievement.
@amusan2 Жыл бұрын
Congratulations
@patrickkirkland6017 ай бұрын
Thank you Preston and Peter for showing this! My Question is how much was the feasibility study? I am assuming that it varies from state to state. Take care Patrick
@derry-antonyprice-zuniga.8875 Жыл бұрын
[Peter, we need a mic on you. I can barely hear your lesson on my phone while driving and not connected to audio.]
@MINDDUMPP11 ай бұрын
Get headphones
@JoeDeWitt7111 ай бұрын
Congrats Peter & Preston! This is an amazing deal. Question though...how did Preston come up with the $100K down? Did he syndicate the deal and has other investors?
@djwashx6 ай бұрын
Greatdeal!!!!!!
@nelsonurraca1111 Жыл бұрын
🙌🏽
@merutsabai3 ай бұрын
Congregation
@bubblewrap479311 ай бұрын
Interesting story more accurate caption is instant equity not profit