| Locating potential commercial real estate | | | | ranging from raw land to large retail and |
| deals can be the most important aspect of | | | | apartment complexes. These sites have |
| commercial real estate investing. In fact, | | | | information on both the property and the |
| without solid deals, you do not have any | | | | broker, so you can easily get in contact with |
| property in which to invest. It is really | | | | the broker and learn more about the property. |
| necessary to find the best deals you can so | | | | You can filter the information as you see |
| that your invested capital is maximized in | | | | fit, usually according to your specific |
| its return. | | | | criteria. |
| | | | |
| When you locate only great deals, you can do | | | | One of the best sites is This site houses |
| fewer deals per year and make an exorbitant | | | | hundreds of brokers all over the United |
| amount of money. Great deals are | | | | States who post their many listings. You can |
| characterized by a return that equals three | | | | filter through deals very quickly and reach a |
| to four times the amount of your investment. | | | | larger audience than you would in just your |
| However, if you find only average deals, the | | | | own community. Your ability to build contacts |
| return per deal can be considerably less, | | | | also increases with so many brokers and |
| causing you to either not make as much money, | | | | agents at your fingertips. I urge you to |
| or do more deals per year. It takes the same | | | | check out these commercial real estate sites |
| amount of work and identical processes for | | | | and see what deals you can find. |
| each deal, so you might as well do less work | | | | |
| and see a greater return. | | | | Auction houses are great places to locate |
| | | | properties of all conditions and types. Many |
| You must use trusted and solid resources to | | | | times you can get excellent deals on |
| locate your deals. Although there are many | | | | properties that you may otherwise have to |
| options to find properties, as they are | | | | spend a lot more for if they were listed with |
| available in every city and state, you must | | | | a broker. You can get on mailing and e-mail |
| use resources with updated and accurate | | | | lists of different auction houses so they |
| information. Below you will find the best | | | | notify you of properties that will be going |
| resources to assist you in finding deals. You | | | | to auction. This allows you time to |
| can use each resource to locate the | | | | investigate the property as an investment, |
| properties that fit within your property | | | | before the actual bidding day. |
| investment criteria. Some resources may work | | | | |
| better than others, depending on your area of | | | | Auction houses also sometimes provide the |
| specialization. | | | | option to purchase a property at a certain |
| | | | price before it goes to auction. You never |
| One of the best and most common places to | | | | know what opportunities will come along, so |
| find commercial property is through | | | | it is a good idea to stay in contact with |
| commercial brokers. This would make sense, as | | | | several auction houses to be privy of the |
| they are the ones who actually have the | | | | properties moving through their hands. |
| properties listed. You can go to them with a | | | | |
| criteria sheet or specific information on the | | | | Although there are many ways to locate deals, |
| type of property you would like to purchase. | | | | these are among the best offered to the |
| | | | commercial real estate industry. The |
| You can find brokers on a local or more | | | | properties are abundant, and contacts can |
| widely spread basis, even going as far as | | | | constantly be made, allowing for an ease of |
| calling brokers in other states. Most will be | | | | influx of other possible deals. A secret in |
| more than happy to call other brokers and | | | | this business is that the more contacts you |
| find listings that best fit your criteria. | | | | have working for you, the more opportunities |
| They will bring you properties as they become | | | | will be brought to your attention. |
| available. | | | | |
| | | | If you are working locally, and using only |
| Another great advantage of a commercial | | | | local resources such as newspapers, listings, |
| broker is their ability to find pocket | | | | and magazines, I urge you to use these other |
| listings, or listings that are about to go on | | | | options. You can find local deals this way as |
| the market, but have not yet officially been | | | | well. It might even give you incentive to |
| listed. You can get a jump ahead of the | | | | move out to your comfort zone and into areas |
| competition and find excellent deals. Get in | | | | where you will find even more opportunities. |
| contact with a few brokers every day, and | | | | |
| watch targeted properties roll in! | | | | Use these resources- commercial brokers, |
| | | | internet commercial real estate sites, and |
| Another place to locate properties is on the | | | | auction houses to find targeted, up to date, |
| internet. There are many sites that have | | | | and numerous properties that could possibly |
| hundreds of commercial properties for sale | | | | bring your next big commercial deal! |