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As real estate investors, the pursuit of lucrative opportunities is a constant endeavour. In this quest, it is important to explore various asset classes that might hold great potential. While traditional residential and commercial properties often dominate the market, there are other asset classes worth considering. Let’s delve into a few alternative options that could offer exciting prospects for real estate investors.
In this episode, you will learn about:
- The critical role of cap rates in determining commercial real estate value.
- Why industrial real estate has emerged as a profitable asset class.
- The connection between self-storage units and demographics.
- Effective strategies for acquiring vendor take-back loans or seller financing.
- Benefits of starting small in commercial real estate investing and building a solid network.
Myuren emphasizes the importance of focusing on the official plan and working with knowledgeable appraisers who offer consulting services. He advises investors to consider cap rates and discusses feasibility analyses and how projected rates can change. Cap rates play a vital role in valuing commercial properties, with lower rates indicating higher value.
Identifying hot asset classes, such as industrial properties and multifamily real estate, can give investors a competitive advantage by understanding market trends and high-demand sectors. Myuren highlights the growth of industrial properties and the constant demand for housing in multifamily real estate. Staying informed and assessing commercial real estate trends can help investors identify lucrative opportunities.
Key Moments in this Episode:
00:04:35 – Appraising Commercial Properties,
00:08:58 – Land Value,
00:11:15 – Use of Cap Rates to Value Commercial Properties,
00:13:06 – Recap and Conclusion,
00:13:40 – Introduction to Commercial Real Estate Investing,
00:14:13 – Understanding Cap Rates in Commercial Real Estate Investing,
00:15:08 – Tenant Quality and Location,
00:16:33 – Appraisal Process in Commercial Real Estate,
00:21:37 – Industrial Real Estate Investing,
00:26:49 – How Industrial Companies Acquire Storage Units,
00:28:18 – The Importance of the Official Plan in Commercial Real Estate,
00:30:07 – Hot Asset Classes in Commercial Real Estate,
00:34:10 – How to Negotiate a Vendor Take Back,
00:39:38 – Midterm Rental Strategy,
00:40:13 – Favorite Podcast,
00:40:30 – Fun Activities,
00:41:41 – Starting Over,
00:42:47 – Investing with $50,000,
This episode has been brought to you in part by:
- Dalia Barsoum, Streetwise Mortgages – https://streetwisemortgages.com
- Mid Term Rentals – https://midtermrentalproperties.com
- Wyse Construction – https://www.wyseconstruction.ca
- US Properties – https://www.usproperties.ca
- Andrew Choubeta – https://caveatlegalservices.cliogrow.com/book
- Inspire Beach Resort – https://inspirebeachresort.com
- Jamil Rahemtula – https://jamilrahemtula.com
🏠 Do you need help or ideas for your own real estate investing business? Reach out and let us support your journey www.sarahlarbi.com or email sarah@sarahlarbi.com
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