Tag: commercial property

Commercial Real Estate Investment - What a Sniper Can Teach You

Few commercial real estate investment decision makers succeed when they make fast decisions, based on little information and gut instinct. The odds may play in your favor, but the lack of a commercial property investment plan that includes due diligence, market intelligence, timing, decisiveness and massive action will mean that your outcome be survivable. Understanding commercial real estate investment can be taken from U.S. Army sniper school.  When you undergo training, you are taught to stalk a target for days and that you may or may not ever get a shot.  You have to be willing to walk away from your mission without ever taking out your target, without being emotionally invested in the outcome such that you would endanger your life or those around you. You learn that your window of opportunity may last for seconds and that if you are distracted, you may miss your chance.  You rely on your spotter to assist you in identifying your target and helping you research the field as well as time your shot.  You don't shoot off mission.  If your target does not present itself, you walk away. Here are some tips to help you slow down your commercial real investment decision making to create fast results for your property portfolio: 1.  Define your real estate investment target. Why are you buying investment property? And what kind of property are you trying to buy? 2.  Take the high ground.  Use available resources and commercial property listings databases such as commercial real estate brokers, CoStar, Loopnet, and CCIM resources to scout out the market, gather intelligence, and get the information about where the flow of opportunities in your market. 3.  Use a spotter.  Consider hiring commercial real estate agents to source, qualify, and confirm that your target has been acquired. 4.  Be willing to walk away. If the deal isn't right for you, don't do it.  You'll often make more on deals you don't do. 5. Don't get distracted.  Other targets will present themselves. If they aren't a match, don't invest in them. Get free weekly email updates of this blog. About the Author: Jeremy Cyrier, CCIM is the founder/principal of MANSARD Commercial Properties and member of the CCIM Institute faculty. He delivers thoughtful, large scale commercial real estate solutions to the individual challenges owners and tenants face. Jeremy Cyrier, CCIM was elected by Banker & Tradesman as one of its New Leaders in 2009. You may reach Jeremy at Jeremy@Mansardcre.com.

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What Does Pele Know About Commercial Real Estate?

Fans used to ask Pele, the great Brazilian soccer player, how he achieved such mastery of soccer.  He used to answer,"Everything is practice." Pele understood that the path to greatness wasn’t spending hours perfecting the most complicated plays of the game, rather endlessly trying to master the fundamentals.  Mastery of the fundamentals, his most difficult endeavor, catapulted him to soccer stardom. Pele teaches us that when we’re looking for increasingly complex solutions in a market of disarray, through mastery of investment analysis fundamentals, we gain the ability to see through the chaos to what really matters: understanding risk, return, and making well-informed, profitable investment decisions. Learn about applying the discount cash flow model to price commercial real estate investments, which allows us to value deals with multiple variables in a clear, coherent, and informed manner.    Once you master its application, you’ll find yourself taking stock of tenant risk, interruptions in cash flows through these uncertain times, pinpointing exit assumptions, and making adjustments today to create investments that meet your acquisition criteria. I learned my basics through the CCIM Institute. If you're interested in taking a CCIM course, email me Jeremy@Mansardcre.com and tell me your name, the course you'd like to take, when, and list the questions you have about what to expect.  I'll respond to your email within 24 hours of reading it with insights into the CCIM designation and what to expect when you enroll in your next session. About the Author :Jeremy Cyrier, CCIM is a principal with MANSARD Commercial Properties and member of the CCIM Institute faculty. He offers advisory services and brokerage expertise to commercial real estate owners and tenants. You may reach Jeremy at Jeremy@Mansardcre.com .