How to Make $2 Million in Commercial Real Estate

  Рет қаралды 64,522

School of Hard Knocks

School of Hard Knocks

Күн бұрын

Пікірлер: 96
@Colbe-lx7fb
@Colbe-lx7fb Ай бұрын
I read an article about the commercial real estate market, and it’s pretty crazy right now. Office spaces are empty, retail spaces are struggling, and it seems like the whole market’s shifting
@Larry1-pl2wq
@Larry1-pl2wq Ай бұрын
Yeah, I heard about that too. It feels like one of those times when you have to be extra careful about where you’re putting your money. Real estate used to be a pretty stable bet, but now, it seems riskier
@camela8445Mar
@camela8445Mar Ай бұрын
Exactly. I’ve been wondering if it’s still worth investing in, or if there are better options while things settle down. You don’t want to miss out if there’s a turnaround, but you also don’t want to sink money into something that’s going nowhere
@Kseniaramesh
@Kseniaramesh Ай бұрын
That’s what I was thinking. Sometimes it’s better to have a financial expert help you weigh these decisions. I actually talked with a Certified Financial Planner, Nora Jean Erickson, who really helped me sort out my options. She explained which real estate investments could still make sense and helped me see alternatives I hadn’t considered
@Annie2229
@Annie2229 Ай бұрын
Nora Jean Erickson? That name rings a bell. Doesn’t she offer free consultations? I wouldn’t mind some guidance, especially with how unpredictable real estate is right now
@Kseniaramesh
@Kseniaramesh Ай бұрын
Yes, she does. And she’s good at tailoring her advice to your situation. She helped my friend look at whether it made sense for him to hold off on real estate and focus on other areas for now. He ended up with a more balanced portfolio that could handle market shifts better
@jasonjosephlee
@jasonjosephlee 8 ай бұрын
SO many asset classes in commercial, my favorite is multifamily. Buying rentals changed my life. Great content!!
@PEEK_5
@PEEK_5 3 ай бұрын
one question, how does someone come up with the money to start
@coleWHC
@coleWHC Ай бұрын
@@PEEK_5have a high salary and be smart enough to leverage debt
@ЯНея-ж3ы
@ЯНея-ж3ы Жыл бұрын
Underrated channel for real.
@theschoolofhardknocks
@theschoolofhardknocks Жыл бұрын
We appreciate you!
@sentinelsofvmi2227
@sentinelsofvmi2227 Жыл бұрын
I'd love to see him break down the components of a deal if you get a chance for a follow up!
@channelchanges
@channelchanges Жыл бұрын
I just discovered your channel yesterday, I gotta say, millions of subs on the way cause your contents are gold. Keep it coming brother.
@susannicky
@susannicky 9 ай бұрын
Real estate investment losing money is music to my ears. They are a major reason why the real estate market is the way that it is now.
@GhanYt
@GhanYt 9 ай бұрын
To achieve greatness, you need to start working with a Financial Adviser Investing remains the smartest way to prepare for the future.
@bahijarhafiri
@bahijarhafiri 9 ай бұрын
To achieve greatness, you need to start working with a Financial Adviser Investing remains the smartest way to prepare for the future
@GhanYt
@GhanYt 9 ай бұрын
Please who is the consultant that assist with your investment and if you don't mind, how do I get in touch with the adviser.
@GhanYt
@GhanYt 9 ай бұрын
Thanks for the efforts you put in these. I find her and i leave her a message.
@bubaba8938
@bubaba8938 9 ай бұрын
I think he's a real estate broker. Meaning he sells properties of someone else and gets commision for it​@victoriajonas44
@zedicustenebres8031
@zedicustenebres8031 Жыл бұрын
this man is so calm and cool
@realestatecoach8626
@realestatecoach8626 6 ай бұрын
Well I started into Residential investing but now I am moving into Commercial. I have income to sustain waiting on my first commercial deal. Good interview!
@matthewmacejka6014
@matthewmacejka6014 Жыл бұрын
Good stuff, channel deserves way more subs. You guys are gonna make it big, I feel it!
@theschoolofhardknocks
@theschoolofhardknocks Жыл бұрын
We appreciate you bro!! Thank you for watching🙏💙
@gregorymonette4189
@gregorymonette4189 Жыл бұрын
Love this. Wish more of us knew about commercial.
@abundancemindset777
@abundancemindset777 Жыл бұрын
I absolutely LOVE this channel! Binge watching these videos and getting really motivated by your content. Thanks guys !
@Happygolucky2003
@Happygolucky2003 Жыл бұрын
Hey, great channel and great guests. The quality of editing and guests are unmatched and you’re doing great. Looking forward to see where this goes. Best of luck and god bless
@scorpionbradford
@scorpionbradford Жыл бұрын
I never subscribe, until maybe months down the line. I subscribed to your channel in one day. Such great interviews ! Please do a few interviews on wholesaling commercial, industrial and vacant land, plus the best methods for reaching commercial buyers. Also, which online or NYC schools, are best to learn the commercial game ? Thank you again, for your informative channel. Keep up the great work.
@MicahMillionT
@MicahMillionT Жыл бұрын
Wow, This guy is an inspiration.
@HenryLucask5l
@HenryLucask5l 9 күн бұрын
"Building wealth is like climbing a mountain; investing is the steady ascent, retirement is the summit."
@MargaretOlivia2u
@MargaretOlivia2u 9 күн бұрын
Great analogy! Climbing toward retirement takes effort, but the financial freedom at the top is worth it.
@MathildaCarina
@MathildaCarina 9 күн бұрын
Great insight! I'd love to meet a financial adviser who can help me climb the financial ladder effectively.
@EmilyVanessa5m
@EmilyVanessa5m 9 күн бұрын
Great point, With my adviser’s help, I’ve climbed the financial ladder, making informed decisions that support my retirement goals.
@MathildaCarina
@MathildaCarina 9 күн бұрын
My CFA NICOLE ANASTASIA PLUMLEE a renowned figure in her line of work. I recommend researching her credentials further.
@EmilyVanessa5m
@EmilyVanessa5m 9 күн бұрын
Thank you for this amazing tip. I just looked the name up and wrote her.
@karellouden6469
@karellouden6469 10 ай бұрын
I am thinking of commercial and I am from Binghamton area, went to BU. Pretty cool! I am a REALTOR and a mortgage broker.
@realestatedoru
@realestatedoru Жыл бұрын
That was a good video and he was very easy to understand.
@theschoolofhardknocks
@theschoolofhardknocks Жыл бұрын
We appreciate you!
@NoahLeider
@NoahLeider Жыл бұрын
Amazing Video. You have helped me more than you know!
@leodass
@leodass Жыл бұрын
Sirs,Thank You Very Much,for the indepth information. You guys are gracious.
@rudygoofysrh
@rudygoofysrh Жыл бұрын
Great interview sir. Thank you for sharing.
@Psalms20A21
@Psalms20A21 2 ай бұрын
🧠Very enjoyable and informative interview! Thank You! Will Share!
@blackhistoryonsteroids8196
@blackhistoryonsteroids8196 10 ай бұрын
Relationships are the backbone of society.
@tyzxcj34
@tyzxcj34 Жыл бұрын
Awesome thank you so much for sharing.
@aoyama173
@aoyama173 Жыл бұрын
Thx for the contents
@adamel-nagar8258
@adamel-nagar8258 5 ай бұрын
I find the idea of waking up at 5, in for work at 6, leave 14 hours later to go home, the worst way to live life ever.
@DatBoiLui
@DatBoiLui 9 күн бұрын
It happens sometimes
@gabriellavasquez4243
@gabriellavasquez4243 2 ай бұрын
you should interview terry coyne - big cleveland real estate guy
@ddfelder2
@ddfelder2 Жыл бұрын
Amazing!
@theschoolofhardknocks
@theschoolofhardknocks Жыл бұрын
Thanks!
@pedropacheco5022
@pedropacheco5022 Жыл бұрын
Great video guys!
@theschoolofhardknocks
@theschoolofhardknocks Жыл бұрын
Thank you Pedro! We really appreciate your support!
@Ray_eddi
@Ray_eddi 10 ай бұрын
Quality!
@josegomez-es5zv
@josegomez-es5zv Жыл бұрын
Awesome video
@jpduster1
@jpduster1 10 ай бұрын
I have a vacant commercial retail property under contract with a future tenant lined up for NNN rent. 3000sf at $20sf. I need a cash. buyer . Any suggestions?
@RubenDelRosal
@RubenDelRosal Жыл бұрын
This guy had 3 jobs and looks great…!
@poundtrader1414
@poundtrader1414 Жыл бұрын
Yes he does, I knew a guy who also had 3 jobs for 23yrs, at 50yo he look about 80yo, It does take a toll on your body
@juanlopez3501
@juanlopez3501 Жыл бұрын
Bro why did he look like pinky from next Friday in the opening of the video? 😂
@Capo6200
@Capo6200 Жыл бұрын
😂😂😂
@phil6298
@phil6298 Жыл бұрын
Good work overall however there were a few noticeable spelling mistakes. Keep up the great work tho, interesting interview.
@theschoolofhardknocks
@theschoolofhardknocks Жыл бұрын
We try to catch errors like that before posting but sometimes they slip through quality control. We appreciate you watching and supporting!🙏
@lesleymbuyikayembe7553
@lesleymbuyikayembe7553 11 ай бұрын
🔥🔥🔥nice! You don't have to be famous to earn millions
@playapnoyx05
@playapnoyx05 Жыл бұрын
He must make way more now since he gets a cut of the agent's commissions.
@rawdoggrankins6194
@rawdoggrankins6194 11 ай бұрын
“No experience, no knowledge but they gave me a shot”….if that’s not the most boomer shit I have ever heard.
@carpevitae2117
@carpevitae2117 6 ай бұрын
I had no experience or knowledge aside from self learning, and I’m in manufactured home sales currently. Had no experience and they gave me a shot just because I followed up after I put in my resume. I’m at $190k this year so far. It happens, you just have to believe it happens first. Then you can follow up on opportunities. And I’m 28
@anthonymerritt6424
@anthonymerritt6424 Жыл бұрын
Commercial brokerage as an option… let’s keep that quiet guys! Lol
@mrkevink_
@mrkevink_ Жыл бұрын
Is it who you know,or who knows you?
@socalsurfer6859
@socalsurfer6859 Жыл бұрын
Bro said "no question you'll make $10mil after a decade" but then says his best year ever was $2mil 🤔
@WTL98
@WTL98 Жыл бұрын
That’s what I’m saying! Worst part was that he said he didn’t have access to the tools that people do nowadays, but he has Google, etc. now. If he doesn’t make $10M with all the connections and relationships that he has now, then who will? Lmao
@kellyvinson6605
@kellyvinson6605 11 ай бұрын
Yea, even one million is ten million over a decade.
@chipdouglasiii4903
@chipdouglasiii4903 9 ай бұрын
The current tools accessible to agents indeed enable brokers to achieve those numbers. Dedication to the daily grind is crucial, with 12-14 hours of hustling each day. Google has never been a reliable source for real estate data and still isn't. Instead, platforms like CoStar, Property Shark, and Landvision were utilized. However, these platforms were often clunky and provided limited data. At times, I even had to physically knock on doors to confirm property ownership. Yes, making $10M is possible, you will need a team of agents to do so. One year a guy in my office made $18M. He also had a team of 26 agents. If you work alone, you will never produce those numbers. I was not a fan of the large team concept that's why my best year was $2M
@mauricehorton9424
@mauricehorton9424 9 ай бұрын
He was saying in today’s market after a decade you’ll be making that. He had already stated they had to use manuals, phone books & door knock in his day. That’s why his best year was $2 million as a broker. He never said what his best year has been since he opened his own firm.
@AllBlackLtd
@AllBlackLtd 4 ай бұрын
You must've failed math class.
@vw5233
@vw5233 Ай бұрын
5:42
@ericdeschanelekom6235
@ericdeschanelekom6235 Жыл бұрын
J'aime
@MicahMillionT
@MicahMillionT Жыл бұрын
Really? 10MM a year?
@gbakiddo
@gbakiddo Жыл бұрын
Good video, but very few people in CRE brokerage make 10 million consistently. The ones who do are household names and are in major markets. Plenty make 7 figures but rarely at 5 years in. Making up stuff just takes all the credibility away from otherwise a good video.
@chrisanok9283
@chrisanok9283 Жыл бұрын
Yes, I noticed for views to sky rocket, I see that many exaggerate numbers drastically which takes creditability away from the whole idea
@successsystem2468
@successsystem2468 Жыл бұрын
The spelling on the graphic subtitles on the videos is atrocious. No excuse for that. Unless your editor is in a 3rd world country and can't speak English.
@ShillBilll
@ShillBilll Жыл бұрын
Pause. Lmao
@vickaps
@vickaps Жыл бұрын
He is oppressed.
@WingKeys
@WingKeys 7 ай бұрын
Huh
@TheBrandLegacy
@TheBrandLegacy Жыл бұрын
Great video
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