Episode 339
Key Takeaways:
Focus on Simple, Manageable Properties
Look for properties under $2 million
Choose assets with low operational complexity
Prioritize properties with stable, long-term tenants
Best Property Types for Beginners
Small multi-tenant retail centers
Office condos or medical suites
Flex industrial spaces
Single-tenant triple net properties
Critical Investment Criteria
Simplicity of operations
Manageable size
Tenant and lease stability
Market familiarity
Scalability potential
Rookie Traps to Avoid
Highly vacant properties
Complex or unique asset types
Unfamiliar markets
Over-leveraged value-add deals
Practical Next Steps
Choose a property type aligned with your strengths
Understand the local market
Underwrite three deals weekly
Build a network of local contacts
Focus on learning, not just immediate profit
Published on 1 month ago
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