Publisher's Synopsis
From the author of a #1 Bestseller of commercial real estate books on Amazon, The Due Diligence Handbook For Commercial Real Estate.
In this handbook you will learn:
- How to determine the best way to price the rental for your investment property to get it leased at the highest rent
- Tips and strategies to make your property attract tenants
- How to interview and hire the right people that will help you get your property leased and create more value
- How to structure your lease rate and terms to create the most value for your investment property
- How to incentivize tenants to lease in a down or over crowded market
- Essential analysis forms, proposal and lease form samples, tenant application and other forms that will help you to focus in, make it easier and more efficient
This book is full of essential information, and not a bunch of minutiae with 30 to 50 pages of fluff that you have to sift through to find the helpful tips or key points. If you've read my book, The Due Diligence Handbook For Commercial Real Estate you know what I'm talking about. I attribute its popularity to the fact that it cuts through to the "meat" of the subject and gives the reader the step-by-step instructional information needed to conduct due diligence properly when buying investment properties. This is an extremely important part of the process that can make or break investment decisions. Your "golden" opportunity may turn to "lead" if you don't know where to find the hidden problems, undiscovered issues, and value creation opportunities an investment may hold. Much money can be saved and made by learning how to do it properly. Unfortunately, most investors and real estate professionals don't know how to properly conduct due diligence because they "don't know what they don't know."
The fundamentals remain the same for adding value and leasing. This information can be used across the various genres of commercial real estate investments, whether it's office and industrial, retail or multi-family residential properties. I comment from time to time throughout the book on the different angles or strategies you may want to consider for the different property types, which I have obtained from my own background and experience of 30+ years in the commercial real estate industry--or from those I know to be the best at their particular specialty.
For the more seasoned commercial real estate investors and professionals, I will share valuable experience from my time as a landlord representative where I leased properties as a local leasing broker. I also spent time as a Vice President of Leasing for an investor who owned about 12 million square feet across the U.S, where I had to learn local practices and customs, as well as the ins and outs of the various markets such as Los Angeles, Dallas, Houston, Chicago, Orlando and Phoenix. Experiences learned during this phase of my career have also contributed to the contents of this book.
This book includes very learnable skills that can easily be put into use right away to increase your property's cash flow exponentially. Every day you wait is another day of flushing more money down the drain. This information can shave years off your learning curve once you make it part of your investing skill set. Or you can continue to learn by "trial and error", which is costly and frustrating. Buy this book today and start generating more income, instead of hoping it all will work out. You will look back and consider it as one of your best real estate investments.
