Discover how to get huge returns investing in commercial real estate with my help. Apply to be my next Protege here: www.commercialpropertyadvisors.com/protege-program
@Kupawater
20 күн бұрын
Congratulations Kevin!
@JohnReedHammond
2 жыл бұрын
Thanks for sharing this deal. Congrats Kevin!
@billturner1960
Жыл бұрын
Mr. Harris, Would you be open to the idea of a video discussing LLC's,,,when and where they're advantageous and when they may not be? Great video and very informative as always! Thank you! Bill
@CommercialPropertyAdvisors
Жыл бұрын
No need for a video to answer that question. They are always advantageous for taking title to real property. And you should own each property in a different LLC.
@teresariley2059
2 жыл бұрын
What entity did he get??? S Corp or which one?
@denwaxr
5 жыл бұрын
This is like an extreme version of the BRRRR strategy
@kevinshirley6179
5 жыл бұрын
Thank you so much for this content!
@danarobinson6156
5 жыл бұрын
Great content Peter. Thanks so much for sharing. Rare you hear Commercial RE investors talking about the details of their deal acquisition. Thanks again.
@marcusgibson3881
4 жыл бұрын
Mr. Peter Harris I'm So Very Grateful And Thankful For God Blessing You Into My Life To Coach And Mentor Me To Accomplish My Why Purpose And Vision God bless.
@farshid71
5 жыл бұрын
Do you recommend investing out of state?
@mandyraye6906
4 жыл бұрын
Good question! Currently debating on this myself..
@girlmotivation2682
5 жыл бұрын
I just wanted to say I personally find your videos very insightful & have helped me realize what I really wanna do in life. Thank you for sharing commercial real estate information on KZitem!
@jakes5530
5 жыл бұрын
Hi Peter, Can you do a video on high cap rate properties (12+%). It seems like despite there being the potential downsides of a class C property, if the property has good bones and things are fixed that need to be fixed, there is a lot of cash flow that can be produced. Thanks, great video.
@CommercialPropertyAdvisors
5 жыл бұрын
Check out this video: kzitem.info/news/bejne/lYWFrmdsq19klnY
@MegaPierre88
5 жыл бұрын
Thank you very much sir. Gave me more knowledge on intricacies on commercial real estate.
@Tazangamoz
5 жыл бұрын
This was great!..Thanks for the upload Peter. :)
@ceciliablack7342
2 жыл бұрын
Kevin thanks for disclosing that it took you 2 years
@rcruz401
4 жыл бұрын
Why did you have to remove it from the LLC to refinance?
@dezm1844
3 жыл бұрын
Great interview Kevin and Peter. Have you went over any kind of grants we could use for raising down payments?
@CommercialPropertyAdvisors
3 жыл бұрын
This video describes several different ways to raise a down payment: kzitem.info/news/bejne/tauCnaegj3qaY6Q
@andremays3240
5 жыл бұрын
Great video, thank you both for sharing!
@mbekka1
5 жыл бұрын
this is one of the best deals i ve ever heard lol,, i wish i can find deals like these,, it s all about that huge down payment that the majority of people do not have lol,, 150k to 200k down wouufffff loool,,
@trilliondollardreams1
3 жыл бұрын
Yea I agree ! Who has that type of money just laying around
@fekelaltimeaux9095
3 жыл бұрын
@@trilliondollardreams1 Stop making excuses. Get good at raising capital.
@trilliondollardreams1
3 жыл бұрын
@@fekelaltimeaux9095 ok imma start with , I have 50k I need 150k we split proceeds 50/50 ., will you fund my deal
@fekelaltimeaux9095
3 жыл бұрын
@@trilliondollardreams1 Nope. But that's one more nope closer to the person who will. Get out there!
@trilliondollardreams1
3 жыл бұрын
@@fekelaltimeaux9095 lol as I thought but you’re right thanks for the push
@mckenziedallin91
5 жыл бұрын
Hi Peter, I really enjoyed this video. I am curious what your student meant when he said that he had to move this new commercial real estate deal out of his LLC and this ended up costing a lot of money. Would you mind expounding why this was and what type of structuring did he put this new property? Thanks!
@CommercialPropertyAdvisors
5 жыл бұрын
He made a mistake in originally buying the property in an existing LLC that already owned another property. He shouldn't have done that to begin with. He learned an expensive lesson. He had to move it into a new LLC.
@nmokrushin
2 жыл бұрын
To clarify, when purchasing multiple properties we need to have them in separate LLC’s?
@senecakamau4105
5 жыл бұрын
Loving the information in this video
@Unojoservir
5 жыл бұрын
Would you be able to make a video showing how he got the cash back with the refinance? I cant wrap my mind around that. Thank you for all your videos. I hope to be a student of yours one day.
@troymills9437
5 жыл бұрын
Peter, Would your student mind you sharing additional details regarding the cash flow on this property? Using the numbers that were provided in the video and filling in the gaps with some assumptions I came up with a current NOI of around $75,000 per year. After more estimates on the size/amount of the mortgage after the refinance I came up with a bottom line, yearly cash to owner amount of between $10,000-$11,000 per year. Is this in the ball-park? It would be interesting to be able to see the actuals, post rehab, and completion of the cash-out refinancing. Regards, Troy
@isaanikola2812
4 жыл бұрын
How do I contact you for classes mentoring etc.??.
@MrRags14
5 жыл бұрын
12:55....regarding the down-payment. Would a line of credit from a bank or credit from a charge card (VISA) be accepted by a seller as down-payment?
@CommercialPropertyAdvisors
5 жыл бұрын
Yes.
@MrRags14
5 жыл бұрын
Thank you......So I'm in the process of applying for a personal line of credit from my bank. The Customer Service Rep asked me what would I use the line of credit for. I said: Real Estate, my business, or education. The Rep on the phone told me the Bank would turn me down for all of those reasons and she would let me know what the Bank's prefers. Can you tell me what reason the bank would consider valid for giving someone personal line of credit?
@MrRags14
5 жыл бұрын
I did. She wouldn't tell me. The phone conversation was being recorded as well. I probably need to network with a banker off-line. I'm sure someone at CPA can assist...........
@isaanikola2812
4 жыл бұрын
@@CommercialPropertyAdvisors how do I contact you for mentoring and classes etc.
@CommercialPropertyAdvisors
4 жыл бұрын
@@isaanikola2812 Apply to my Protege Program here: www.commercialpropertyadvisors.com/protege-program
@Planetgreenzen
5 жыл бұрын
I love your mentorship Peter. Thank you for taking out time in your personal life to personally mentor me.
@tokyogoon
4 жыл бұрын
Planetgreenzen Hi, thanks for sharing. Knowing it’s damn well worth it, what is the cost of Peters mentorship ? Thank you
@isaanikola2812
4 жыл бұрын
How were you able to contact peter?.
@theo.n.e.records
5 жыл бұрын
I live twenty minutes from Huntsville but I would have moved if I had gotten that deal. Lol
@CuSTACKS
4 жыл бұрын
Kevin your still in the toilet business not fully commercial...
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