Peter Harris
Peter Harris has a passion for teaching commercial real estate investing because of the tremendous impact it has made on his life. Peter had a ""safe and secure"" job as an engineer, making a good living. But he came to realize that his employer wasn't focused on his long term financial future and decided to take matters into his own hands.For Peter Harris real estate was his ticket to financial freedom. With the help of a mentor, he dove into commercial real estate and after acquiring his first apartment community, he discovered that just one big deal could bring in more money per month than his full time job. Soon after doing that deal, he was able to quit his day job and live a life of freedom and choice.Today, he spends his time building up his portfolio of commercial properties as well as working with those in the Protege Program to help them leave the rat race and live the life of their dreams.
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Six Ways to Raise Capital for Your Commercial Deal
Many investors have run into problems trying to find money for commercial real estate deals. Typically a real estate investor will find a great 36 unit apartment building that cash flows $5,000 per month only to soon realize that they will need $200,000 to close the deal. Guess what comes next? They realize they just …
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Learn All About Commercial Leases
One of the most important aspects of investing in and managing commercial real estate includes understanding leases. There are a variety of leases employed by landlords to manage their tenants, and it is necessary whether you are leasing or renting a commercial space that you completely understand the agreement (lease) that you are signing. What …
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Exit Strategies For Commercial Real Estate Investing
Well, first things first, you’ve got to know your exit strategy before you invest in any commercial real estate investment. If you don’t, what you’re telling yourself is that it’s okay to not maximize your cash flow and it’s okay to not maximize your profits when you sell. Knowing only your investment purchasing goals is …
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Choosing the Right Commercial Real Estate Broker – Part (2)
My wish is for all investors to be successful with commercial real estate investing and selecting and working with the right broker is a big part of that success equation. Eventually, I learned how to relate to them, and I prospered. This is the conclusion of my investing training article on how to “Choose the …
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Choosing the Right Commercial Real Estate Broker – Part (1)
Years ago, I spent several years working for a prestigious commercial real estate firm while researching for my Dummies book. What I discovered is that commercial real estate agents are a different breed. They’re a different breed of people. They’re highly skilled but well-respected. Getting to know how they work and function in their jobs …
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7 Commercial Investing Myths
Are you intimidated by the thought of buying a commercial property? Well what I am about to share about commercial estate is no more complicated than buying a single family home. Are you thinking that you need lots and lots of cash and perfect credit? Not so the case. In real estate investing article I …
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The True Purpose of Hard Money Loans for Commercial Investing
A commercial or residential property hard money loan is also known as a bridge loan in commercial investing — it bridges you from a temporary situation to a more permanent situation. The goal is to be bridged from a hard money situation to a more conventional situation where you’re going to go from a very …
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Commercial Creative Financing Examples Using Second Carry Mortgage
Have you ever heard of these terms or these phrases before when you’re looking on LoopNet or online listings or getting things from brokers or even sellers? If you’ve heard this before: “seller may carry a small second to help get the deal done”. How about “seller may hold a second” or “owner may carry …
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Simple Way to Analyze Commercial Real Estate Cash Flow
To get straight to the point, once you find a commercial deal to evaluate, you’ll need to find the answer to this all-important question rather quickly: How Much is the Cash Flow? When you are a new commercial real estate investor, you should familiarize yourself with quickie and easy ways to calculate the cash flow of …
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8 Commercial Investing Real Estate Terms (Part 2)
When you’re first starting out as an investor, there are lots to learn and there are lots of mistakes to be made. Small property mistakes usually equals small pains. That’s why it’s smart to start off with a small cash flow property. But is very important is to understand the commercial investing industry “slang” and …
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