How to Buy Commercial Real Estate

[@BenMallah]

Talk to Ben over the phone! benmallah.com/product/consult_with_ben/ Merch ben-mallah-life-for-sale.creator-spring.com Ben Mallah Podcast Channel: kzbin.info/door/jdSVksE1OBFsK22KHvD4zg

[@sbtopjosh4098]

Your content are always amazing. I haven't even heard of you 3 months ago and now yours i'm binging for hours.

[@Jushwa]

Another great video! Even a 5 year old could understand this, you break it all down and explain it all so well, and you make it all very entertaining too. Rock on Ben.

[@MA-fu5tm]

How do we bring more people on if the others don’t agree?

[@goodgamegaming777]

Love you uncle Ben you brighten my day⭐️

[@realyield]

Excellent video, thank you Ben!!

[@williamharvill7492]

Ben, I gotta admit. This is by far the best episode you all have ever produced-from the nitty gritty details about the renovation process on commercial property, to the no-nonsense breakdown on why and how it cash flows, this episode is what your audience probably needs more of. The content is bursting from the seams.

[@gidd]

I'm guessing you're new here he does these breakdowns on most purchases

[@williamharvill7492]

@@gidd why are you a troll?

[@daniellim1212]

@@williamharvill7492 he isn’t trolling lol it’s obvious you’re new here

[@bobmarley2140]

most of his videos are like this.... pay more attention

[@everythinggtube]

he does that in all purchase videos

[@thibaultunsworth9199]

I like it when you share the numbers. It puts things into perspective and an overall better understanding

[@sergiorealestate8689]

We haven’t seen little Ben in a minute. Dude knows a lot

[@mbands]

More Ben Jr. please. Dude always explains thing’s greatly

[@arresthillary9502]

Yeah he seems like a straight shooter

[@7kidchaos]

Gotta love Ben. He’s at his best when he’s assessing and doing deals like in this episode. Every time I watch him I think of how hard was his upbringing and now he’s so positive and generous in disposition. Lots of life lessons here.

[@allprofits3092]

Ya must be great raising rents on single moms to make an extra couple thousand a year he is pathetic

[@Kenzzes99]

@@allprofits3092 He fixed the roads and the roof and did not raise rent just get them pay their own share of insurance and utilities.

[@josephmoran2006]

@@allprofits3092 it’s called running a business. Someone with the name “All Profits” should know that. You operate a business to make money, not to feel sorry for people.

[@allprofits3092]

@@Kenzzes99 He fixed roads and roof to raise the value of the property and I am sorry that a landlord needs to provide a decent non leaking roof for their tenants

[@allprofits3092]

@@josephmoran2006 LOL just because my name is All Profits does not mean morals and values are thrown out the window this is the problem with you American Culture you all are GREEEEEDY that is your culture GREED and Capitalist society who don't think of other people only when it comes time to go BOMB other countries because now all of a sudden you care about other people when WAR and MONEY is involved.... GTFO dont get me started

[@willjack6725]

The last 2 minutes and 55 seconds of this video are worth more $$$ than 99% of commercial real estate courses, the ‘experts’, will charge you for. Thanks Ben!!

[@TheLawnCareNut]

Any man who can open up a supply store at 2AM for 1957 style fuses is a man I want to follow.

[@kiansheeler726]

Lol fr

[@briansmyla8696]

Nah, he should hit the store while they're open, buy the spares, then stash the fuses in the bottom of the disconnect. That's what I do for all of my fused disconnects. The spares are in the box, ready for when they're needed.

[@243wayne1]

@@briansmyla8696 -Exaaaaaaaaaaaactly...

[@user59371]

The title, music, and Newports in the beginning made me feel nostalgic for the early Ben vids

[@dawicked2k8]

We OG’s remember

[@ctgeorgia]

Perhaps the single best investment video I've ever watched. No frill, no BS, just solid investment advice based off his own due diligence of the property. This is what they should be teaching our kids in school. Investment 101

[@peterdangelo5882]

Ben Reminds me of my dad. Larger than life, knows his stuff inside and out, and people come to like him where ever he goes. Good guy. Love the videos.

[@mattk8810]

He never forgot where he came from and has an understanding for everyones situation. I like that he especially isnt judgmental.

[@blessed7fold]

Well said Peter.

[@darren112200]

Ben is very very clever the way he has banter with someone but in such a friendly way that he can instantly get someone he has just met to open up to him and feel comfortable talking.. its such a skill and a joy to watch him do it

[@iwontreplybacklol7481]

When you have enough cash as a safety net, its amazing how brazen you can be. When something is a make you or break you , its a lot harder to be brazen.

[@bobleetactical]

@@iwontreplybacklol7481you are not wrong, but most of that comes down to experience in my opinion. Get experience winning, then you will have confidence that you can lose here and there and it won’t make or break you. Stock piles of cash “safety net” or not he is confident he can go find another deal if one falls through.

[@1xMedia]

I love how the angle's set up when Bens explaining the numbers behind the property. I feel like hes my dad and hes yelling at me to get the damn knowledge in my head. Brings back memories lol

[@theGT5]

I love how Ben Jr. gets lost in the smallest details, pretty much nothing escapes his attention, real professional

[@ericpabon2458]

Ben's son is the MAN !! God Bless him

[@i39440]

13:37 "Fine, get the fuck out. I'll find a tenant to pay me more money." 🤣🤣🤣🤣🤣🤣

[@colinturner4158]

Love the way you look at every nook and cranny identifying everything that needs looking at or replacing very in depth episode.

[@ralphd4879]

Nobody makes Ben smile like Karla. I'm pretty sure they'll be together forever. BTW, did anyone else notice that Ben Jr is now bigger than Ben? Great job dropping the pounds, Ben! Get to a goo weight, then quite the cancer sticks. Thanks for another great video!

[@nathanyeo2621]

When Ben Jr was talking about his sunglasses it made my day. Genuine happiness right there. 🙌

[@lettherebelight6910]

Need Help understanding the math in the last few min of video. Ben said his NOI will be $28,600 a year. How...? His interest charge on the loan is $18,000 a year. The loan is 600,000 (say 30yrs...he didn’t specify). That would mean his loan is $20,000 a year plus the Interest charge of 18,000. = $38,000 of bank loan expenses for the year. $46,600 - $38,000 = NOI $8600 for his first year. Am I missing something 🤷‍♂️. would appreciate the feedback from others. Thank you.

[@stevemcvay2220]

It’s crazy that’s cheaper than the houses Ben buys to flip! Great video as always!!! Love you sharing with us man!!! You’re the absolute best!! 💯👍🏼

[@2lucky1957]

One thing Ben is glossing over a bit is his estimated NOI. Tenants may balk at paying the triple net and move, or they may slowly fall behind with their rent and move. Just because the rents are "below market" doesn't mean qualified tenants are standing in line to move in. There is usually a period that a space sits vacant between tenants. Qualified tenants usually want some free rent for the finish out expenses and the time it takes to get open.

[@testicularhypertrophy]

The interest only loan will help protect him in that event since he isn’t making payments on the full loan amount.

[@SmithBeatZ1]

Am I the only one that feels like a real estate God after watching Ben's videos?

[@Mike.Sadala]

Lol I get the feeling too

[@james__4551]

Me too 😂

[@52Delta-nv5fq]

The tenant comes back and says “ I’m not going to renew with you” fine then get the fuck out!!! 😂😂

[@BunnyFilms]

You know it is a good video with it starts off with that music haha

[@joelowens5211]

When I buy retail centers like this for cash I sell them at auction and take a spread and move on. I hold my stnl turn arounds unless I get a crazy offer from a buyer paying cash with no financing. Most retail centers are 35% down right now and not 20 or 25% down. Some investors with extreme wealth and long term relationships with a particular bank can get that but it's not the norm. An old retail center like that the reason current owners likely did not upgrade is the lower rents do not have enough current NOI to justify such large expenditures. If that knob and tube catches fire the insurance company on landlord insurance policy likely denies the claim. Sometimes when buildings get 50 to 70 years old the land is worth more than the building and best to tear the building down and build new.

[@TexasCountryLiving]

Hey Joel, haven’t seen much of you since the early BiggerPockets days. Hope you are well.

[@joelowens5211]

@@TexasCountryLiving Hey Jon, Yes doing great. In my late 40's now in age so I have set up my ideal life and client base. I want to enjoy life and create long lasting memories that live on through future generations of family. I stay on the buy side working with HNW to UHNW buyers purchasing STNL NNN stabilized credit tenant and long term leases. I still do shopping centers but can be thousands of pages to review so more selective on those with clients. BP now has changed over time into something more for beginners mostly so I do not go on there as much as business is non-stop. I guess the question for all business owners is how much do you want to push the envelope? Tens of millions, hundreds of millions, billion net worth? Each level can take so much life force out. Looks like you are living your dream so that is awesome.

[@vWaLLBangz]

You are certainly right. Raze and rebuild! 😆

[@realRichHunting]

You're an inspiration to so many of us! We love the content but love the knowledge even more. 😌

[@sageakporherhe783]

Gotta love the internet, truly grateful for it, it enables us to see and learn from people like the great big Ben.

[@giodelonso6030]

"Ooo she`s drunk today." this man is gold :)

[@EverydayDesigner]

As an architect who is slowly buying properties, I love your videos. Its really informative and has taught me to catch things.

[@yearofthegarden]

I've been growing plants and mushrooms in all sorts of frugal ways, and now finally getting to a point where I can lock down numbers and afford to operate without subsidized land. I've been really enjoying building excel spread sheets full of calculators of my production, calculators of fertilizer mixes, recipes, electrical, everything, it's really fun, and seeing this wise man yell at the camera with so much confidence is some how the most entertaining and inspiring thing I've seen in a long while. Trying to work my way out of a rut lately as I have to move my entire operation because the land is being sold, but I'm ready to start paying the at market prices and to work the system towards the success I'm ever eager to understand how works.

[@brimoore2007]

I've been watching Ben for a long long time. He literally tells us all how its done. Im out making deals because of what I have learned. I suggest everyone do the same.

[@byronrich2780]

I've been working in finance for a few years in NYC. Big shot sales & trading, I haven't seen guys balling like the guys in Real Estate!

[@bryanrb21]

Ben is a genius when it comes to making deals. What makes him strong in the game is his great relationships with the banks. 💯👍👍

[@TexasCountryLiving]

That’s part of it, but he is also good at deal analysis, rehabbing, property management, and continuing to build balance sheet through a progression of 1031 exchanges over many years.

[@Thesolebroker]

13:37 Ben tells it like it is; love it!

[@rjd210]

Good stuff, learning a lot.

[@GregLewisdually]

Love how you show the MATH on actual properties Ben! No body else does that! Thanks again for showing people how to run the numbers!❤

[@Nat-ui5qf]

Hi Ben, could you make a video screaming at me more on the differences with the different types of expense basis when dealing with commercial properties (NNN/MG/IG/FS/Gross)? I’m still having a hard time breaking down the actual differences when going from NNN to MG, FS vs. Gross, vice versa. Would really appreciate it greatly!!!! Thank you 😊

[@Powermoves1080]

This channel is Awesome!!! Everything I dream of, the father son duo, having a woman that’s knowledgeable and by your side, buying commercial property, just everything. New sub!!

[@howardlui9943]

Ben Jr! It is always so insightful when you explain what is going on with the property. I love how you explained the roof issues to us in the video, I learned a lot! Had to drop into the comments for that. Liked and subscribed!

[@thegarcfamily5270]

Always so exciting to watch you’re videos , also first

[@TheLawnCareNut]

"it may not be a hazard now, but it could easily become a hazard" with editing emphasis on the lit cigarette. Poetic.

[@SuperApplefan1]

yooo even you watch ben mallah? even more of a reason i need to sub to ya LOL

[@jaxxenriquez9542]

Ben Jr’s Vibe is everything! 🤩 learning A lot. Thank Youuuu

[@r1ckybobby359]

We love the content! I get so excited to learn every time someone like you uploads a new video! Thank you for what you do! I'll see you in the Billionaire's club!

[@anthonyomisorecanfixit]

I like this guy, I wish he would stop smoking cigarettes because I want him to be alive for long time so he can teach us more and one day I will give him his flowers and say thank you for helping me be better in real estate. Not alot people out here teaching and giving back like this. He needs to be celebrated now.

[@bassfan82]

Man Ben Jr. really knows his stuff - like you could throw a question at him and he would most likely know the answer to it - great work

[@eamonshields2754]

Awesome stuff, love the numbers breakdown

[@timthomas353]

I’ve lived in Pinellas my whole life. This guy‘s A legend for buying the Ryan Howard house.

[@tariqsabbah2621]

Ben Jr's in depth explanations are much appreciated.

[@lindamcclure9300]

Thanks so much Ben! Always look forward to your new videos!

[@MrMattmre]

On the pavement, just know you can get an overlay done and they can dig out the 2-3 ft near the curb and it will require less than 2 inches. it can save ya ab out 20-30% on full replacement.

[@vicariouswitness]

Really nice to see your Son getting into the building details, respecting the Business … Respecting the FAM!

[@badsomething]

The quality of these videos are phenomenal. I watched this video twice. Ben is awesome. Ben jr is funny and the editing was on point. Keep it up boys.

[@mellamolucero]

Digging adding Ben Jr. smart guy! Love all the content. Dropoing knowledge on us. Thanks,

[@Savage_D_508]

Ben be giving us the blueprints,also the loopholes,so give him a freaking Like that simple. He saving y'all atleast 10gs to millions. Adios amigos

[@barkbros123]

Your a boss 💪❤️ What an inspiration!

[@jacobissa584]

Great video. Love when you show numbers!

[@andrewarszawa7700]

Rafal killing the game can’t believe this channel doesn’t have 1mill subs

[@ronjay1209]

My motivation from the North East. Ben Mallah. 🏃‍♂️

[@PaladinFPS]

Ben you're mindset is refreshing, at this point in the game you are strictly wealth building and kicking the tax can down the curb, what I see from this is a man that is truly giving back with his blessings, instead of pickling the next big dollar you chose to revitalize your community. Everybody wins.

[@JavierGonzalez-yw3kl]

The knowledge I get from your videos is amazing. Thank you for uploading Ben!

[@7StarHeryla]

So I’m in the process of preparing for my real estate exam and it’s comforting that I would’ve watched this back in the day and not known half the vocabulary you’re using but I’m all like “Eyy I know easement ! And other words coming up” makes it a little less nerve wrecking for when I get into the business

[@JSCimmo]

Question why do you calculate only the ROI with the yearly interest paid after the net income. You dont add the capital paid to the equation? In multi family ROI calculations we always see cash flow after reducing the yearly mortgage payments on the net operating income. Is it more of a fiscal or accounting way of calculating the ROI.

[@DavinR16]

I was thinking the same , is he paying no principal only int expense ?

[@ap23z]

@@DavinR16 interest only loans

[@johnjoe_247]

incredible video ! thank you Ben for makin Sundays so good !

[@cornhoolio6456]

bens wife dgaf she’s just waiting to sue his sons for his entire portfolio

[@kentonlandworks29]

I love the video when Ben brings out the pen and paper! Such great content.

[@jeffhambro]

When they installed the new roof they should have done away with the termination on the wall. Instead, they should have installed plywood on the interior wall of the parapet, 2x on top of the parapet, and wrapped the membrane up and over the wall, fully encapsulating the wall. No point in having a brand new roof if water’s still going to get into the system…

[@blake8151]

Lil Ben crushing it again! Love it!

[@jeffhambro]

Being able to get 80% LTV at such a cheap rate is such an advantage/home run. I bet he’s able to amortize over 25-30 years as well…🙌💰

[@TexasCountryLiving]

Interest only, no amortization. He definitely has a borrowing advantage over most investors.

[@Sw00p77]

@@TexasCountryLiving Yup, interest only for 5-7 years with a balloon while he rehabs and stabilizes the asset. He'll either refinance to another interest only loan when the balloon is due or he'll sell the asset and 1031.

[@thatdave86]

Entertainment as usual 😉 Mrs Ben adds another dimension to things ,an she seems down to earth ,and she even hugged Ben ,that's a workout on its own 😛 Hope the needle craft shop makes a Ben Doll ,if he raises the rents they can do things to the Doll lol 😆 Thanks for making us smile 😊

[@zavinci]

IF I DONT SEE BEN DO A WALK FOR THE DAY I WONT LIKE THE VIDEO ! We love y’all stay strong BABY !

[@immelting9834]

Best episode ever. Why ? The details baby !

[@theexpendables3152]

Ben always cracking me up Haha! Awesome episode! However housing prices are still ridiculous in CA. Definitely not a good time to acquire properties here. There could be a potential pullback at the very minimum so I’ll wait. Currently practicing portfolio diversification with the markets and it's cool. I'm up $250k ROI so far for this quarter.

[@virgilhall6866]

Some are still buying maybe on hopes that prices will stay up and they can profit from a flip and many others going for rentals. What's with the diversification? What stocks are you buy now?

[@theexpendables3152]

@@virgilhall6866 My funds are pretty much diversified. You should probably try algorithmic trading; copy the gurus, more so one with experience of the past bear markets. I copy a chartered financial analyst Josephine Guevara Laporte. Been quite consistent.

[@virgilhall6866]

@@theexpendables3152 Do you just give out funds? What are the charges for such services?

[@theexpendables3152]

@@virgilhall6866 Nah, your money stays in your account. That's the ideal for this system. You can as well opt out anytime, just like Etoro. This lady knows what the heck she's doing. Check her out and get in touch if you need help as you await the housing market crash.

[@profderek8111]

Hey I found Josephine Laporte's official website. It shows she's got some impressive records and she's regulated. Is she that good?

[@andyvankerkhove6902]

Yeah sure Big Ben...any extra cost on that old sheiss building will throw your return back for many years... costs for parking, infrastructure, that roof wont last for 2 years... walls are cracked.... will cost tens of thousands.... good luck with that and lets hope the big real estate bubble dont burst in the next months or your building will be worth half and your renters will run away... but respect for what you do big man.... from Spain

[@ricoconti3141]

Love seeing Ben Jr. Growing into his role and becoming more confident !!! 💯💪💪

[@TexasCountryLiving]

He’s probably surpassed his dad in inspection capability.

[@RobertRascon87]

Best channel where you actually learn something about commercial real estate from an actual pro. Love it.

[@ethanmittler3682]

What I don’t get is you pay the bank back the 3% interest which is 18,000 on 600k but when do you pay them the 600k u took a loan out on?

[@jackjack4412]

He forgot the entire principle payment amount

[@brad265]

Ben gave Carla a hug... never seen him show affection before. I guess he has a heart

[@dustinmaherfitness]

This was the first of your videos that I got my wife to watch. We buy strip centers and I really liked this one. Not quite as much swearing :) and so many great teaching points especially from son. This is also inspiring to me that with how much you do have in RE, that you still go after these smaller type properties. Thanks!

[@TexasCountryLiving]

This one really emphasized the trend of moving full-service and gross leases to triple net.

[@sourishsaha8067]

The vids just keep coming and getting better

[@krispyn2dc]

I’ve seriously learned a lot watching your videos and working an invest property right now. You have definitely helped me sharpen my game and emboldened me to take on bigger deals and hopefully dive into the commercial side of real estate some day soon.

[@logicalthinkersolisten3199]

@ 12:14..as he is going over the numbers, I'm realizing that by converting the tenants lease agreements to Triple Net vs Gross Net, the future NOI and FCF will probably increase 5-10% because those expenses will NOW be absorbed by the retail tenants. That conversion to Triple NET, increases the property value from 750K to 1M easily. Just think think how much MORE the property value will increase if and when Ben raises the rents..1.25M -1.3M?

[@logicalthinkersolisten3199]

19% Cash on Cash Return is gorgeous!

[@bramvandenabeele7298]

Haha telling the waiter that she is drunk

[@jrocha6511]

Ben and Son know what there doing when looking at Deals .. They inspect from top to Bottom to see if it’s a good Deal and it cash Flows $$$$ …. Im in St Pete with Family for the Week and maybe planning on heading to Clearwater area to check out John’s Pass !!! Hopefully see you around !!! Take care and keep those Great Deals coming!!

[@gorgemetz8062]

Ben what kind of tenants could fill the spaces if they all walked? Could a convenience store go in 2 of the spaces if there were a market in the area for a store? I'm just curious because times seem to be tough for many small business owners.

[@matthewjames6076]

pretty much i seen a few places with small businesses turn to 7/11 etc most likely they will buy the place thought.it sucks for the small biz there rent will go up 50% soon that's life.

[@moodfm5673]

welcome to murca small business is done. If its not BIG BEN then amazon or walmart is still gonna kill them. Land of the slaves home of the slaves

[@gorgemetz8062]

@@moodfm5673 unfortunately Biden has killed small business, but there is always room for a convenient store if nothing else is around.

[@cesargrijalva6682]

Love this type of informative videos

[@2K_DiLLON]

I’m a fan of bens older son he cool :)

[@celtekrider2]

I needed this video. Thank you Ben!

[@FlightRisk2010]

Do you always go for interest only loans?

[@JVeto04]

Love the videos, I'm 21 and I've learned so much. Great entertainment and super informational

[@lovinhouse374]

Love when you run through the numbers! On a triple net, do you still carry a “master insurance policy” on the structure/general liability and the tenants basically have a contents policy?

[@jamesyang5178]

You da man Ben!!

[@Recklessness97]

Really enjoyed seeing the numbers behind this investment, love the videos.

[@taylormerlino6751]

Ben is the man Ben Jr is the man so much respect , 🙏

[@vancity_coaster]

I’m pretty sure that was torch on roofing. Good catch on the old secondary roof and it’s saggy ass. Entertaining as usual 🤙🏼

[@kevinmeyer8068]

you are correct. Probably GAF torch down roofing.

[@jgood9400]

Thanks Big guy, Thank you to the man from Poland. Keep em comin

[@flipnotrab]

Mrs. Mallah is in charge for this property? Sneaking suspicion “rent” is going to be paid in clothing and hair styling fees😎

[@ChrisHarrold]

Love the numbers breakdown, Ben!!!

[@philthydirtydog9203]

Ben jr trys so hard to know what hes talking about 😂

[@erikotto6728]

Lol he called it a parafit wall

[@greenblue744]

Probably my favorite video so far