Buy Your First Commercial Property (Even If You're A Beginner)

[@TylerCauble]

Download my deal analysis toolkit: www.tylercauble.com/deal-analysis-toolkit

[@thegamemasterllc]

West coast friendly stream, can’t wait!

[@TylerCauble]

Let's gooooooo

[@DraganaBozilovicCRE]

Thank you for doing this. All this information is so very useful. And thanks for the QR code😊

[@Easyservice-x8q]

I always watch all your videos

[@TylerCauble]

Appreciate it!

[@Easyservice-x8q]

@TylerCauble Your videos always stand out from others

[@CanadianRealEstateChannel]

Great breakdown of the commercial property buying process!

[@dscrmortgagegal]

Great info!

[@NewProvidenceUF]

19:14 What’s the absolute minimum due diligence period recommended for a rookie in commercial?

[@TylerCauble]

I recommend 60 days. That gives all of your vendors and your lender enough time to knock out what they need

[@NewProvidenceUF]

10:43 why is 10% the factor used to calculate the needed $psf NNN rate?

[@TylerCauble]

Good question - it gives you the price per square foot you need in order to achieve a 10% cap rate upon completion. I don’t look at anything under a 10% cap rate if I’m doing value-add, but you may be comfortable with different numbers.

[@RonaldRohdeLaw]

great advice to commit and consistency. I say to underwrite a deal a day too. IOS is hot hot hot! I love mine

[@IokepaBarco]

When it comes to cap rates, are you just picking what you would want?

[@TylerCauble]

Yeah or what’s realistic, really. Ideally, I could hit a 100% cap rate 😂 but realistically, I know I can hit a 12% cap rate or better. So it’s really what’s worth your time to focus in

[@nawgee]

I dont understand why the debt service was removed when calculating the NOI in his analysis example? Debt Service is the mortgage right? So if we are trying to estimate the value of a property we wouldn't calculate because once sold that expense would fall onto the buyer? I could be overthinking this.. .

[@Momo-96]

I’m looking to get into real estate. There’s a commercial building listed for sale for $1.7m. Currently it’s bringing in about $175k in annual rent. Would you consider this good?

[@rubenheijmerink536]

Could you do a video. On how to find business to lease. Like you did with the retail center.

[@TylerCauble]

Yep! I did do one: kzbin.info/www/bejne/oZ3EnqFvr92Kiacsi=ta4hCqGftH-phlqP

[@rubenheijmerink536]

@TylerCauble great thanks!