Investing in commercial real estate is a lucrative form of wealth creation, but only if you understand the rules involved. Ideally, what you need is the perspective of someone who deals in commercial real estate everyday - someone who can help you navigate the ins and outs of the industry.
In today's episode of The Higher Standard, Chris provides some of that perspective. As a Chief Credit Officer for a bank, Chris can offer insights the public doesn't often have access to.
You'll discover why buying and selling your home isn't sufficient to prepare you for commercial real estate investing.
You'll learn about the Debt Service Coverage Ratio (DSCR) and the questions you need to be asking.
You'll discover why the term "commercial real estate" is very broad, and why you need to understand the different asset classes and markets involved.
You'll also learn how to select the right lender to speak to when financing your investments.
Join Chris as he breaks down the three things you must understand before investing in commercial real estate.
What You’ll Learn in this Show:
Why buying a home for yourself and investing in a commercial property are two very different processes.
The importance of understanding the Debt Service Coverage Ratio (DSCR).
The differences between various asset classes when investing in commercial real estate.
How to choose the right lender for your commercial real estate investment.