Tag Archives: commercial real estate

Commercial Real Estate: How To Build The Right Team For Your Business

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commercial real estate
When you are first starting out in the commercial real estate business things can be tough. There are
different problems that you may run into that need multiple people working on.

We all need help at times. We are all human; there is always
room for mistakes. They may notice something that we may not have thought of.
In the commercial real estate
business, you can get overwhelmed very quickly. Having people in your corner
can help alleviate a lot of issues you run into. Having a solid foundation is
the best way to combat those issues.

Commercial real estate seminars are your first stop. If you
are not working on a project currently that you should be going to every
seminar there is. Whether you can find one once a month or you can find one
every weekend you need to be visiting them. Make your name known. Network with
people, find common interests and use them to your advantage. It is sad to say,
but in this day and age, a lot of your worth is determined by what you can do
for another person.

 Make sure that you
have something that you could potentially use as leverage. That being said you
do not want to come off to people as a person that just wants something. Try to
make people feel as though they mean more to you than their title. Learn names,
find out what how their child’s little league team is doing. One thing that
people hate the most is a user. Build an organic relationship, and you should
be fine. Eventually, you will meet different people that share the same vision
as you, and believe or not, vision can outweigh money.

Some people you can expect at a commercial real estate seminar


Often you can find a lot of people that you may not have
thought would attend seminars. For example, on any given visit you could find a
commercial real estate attorney or a
contractor. The number of people you can run into are endless. While a seminar
is that best place to start, you could always go out and find these people.

Cold calling does not have a huge success rate, but if you
do it right you can possibly find someone that you could add to your team. It
does, however, take a lot of time emailing and calling people. If you are bold
enough you could also just show up to their office. There are some things to
take into consideration, though. For example, you do not want to just show up
to a commercial real estate
attorney’s office. Adversely you could potentially walk up to a rehab site and
try to find the contractor.

Make
sure you do not cut corners when it comes to building your commercial real estate team


Do not go the cheap route when trying to find people that
could possibly help you. If you are not good with numbers make sure you find a commercial real estate accountant.
Someone whose job revolves around the numbers. Do not hire contractors that use
shoddy materials or equipment to complete the projects they have, as well. Make
sure there is a mutually symbiotic relationship between you and your team.

Dennis Dahlberg Broker/RI/CEO/MLO

Level 4 Funding LLC
Arizona Tel:  (623) 582-4444 
Texas Tel:      (512) 516-1177 
Dennis@level4funding.com
www.Level4Funding.com
NMLS 1057378 | AZMB 0923961 | MLO 1057378
22601 N 19th Ave Suite 112 | Phoenix | AZ | 85027

111 Congress Ave |Austin | Texas | 78701    


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About the author: Dennis has been working in the real estate industry in some capacity for the last 40 years. He purchased his first property when he was just 18 years old. He quickly learned about the amazing investment opportunities provided by trust deed investing and hard money loans. His desire to help others make money in real estate investing led him to specialize in alternative funding for real estate investors who may have trouble getting a traditional bank loan. Dennis is passionate about alternative funding sources and sharing his knowledge with others to help make their dreams come true.

Dennis has been married to his wonderful wife for 42 years. They have 2 beautiful daughters 5 amazing grandchildren. Dennis has been an Arizona resident for the past 40 years.

Commercial Real Estate: How To Choose The Right Contractor For Your Fix and Flip

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When you are about
to attempt a new flip you should have a checklist of what you are going to
need. Having the best commercial real estate contractor should be at the top, or near it at least. Having a good
one can save you a lot of money and headaches in the long run.

Having a good contractor is a major advantage in the commercial real estate business. At the
end of every deal, once you finish the only thing that matters the most is your
reputation. If you are one of the lazy commercial
real estate investors that cut corners eventually no one will want to buy
or rent from you. However, if you take the time to thoroughly vet your property
to see the extent of rehabbing it needs you will make your money back tenfold.

This is why hiring an experienced contractor is a great
investment. If they are a reputable contractor, they will be able to help you
throughout the entire process of rehabbing your property. A good contractor can
make sure you choose the right materials for your home. Anywhere from tiles to
the type of hardwood you put in. A good contractor should be able to take
direction well, however, in the event they have a better option for you, they
should not hesitate to voice their opinion.

When you begin your search for a new commercial real estate contractor you want to make sure that you
find a handful of potential companies. One of the best places to start your
search for your nest contractor is a commercial real estate seminar. These are great places not only meet with other
investors in your area but also, meet a plethora of contractors. Most of the
time if the contractor is in the seminar they are working hard trying to find a
new client. These are the companies you should start with first. It shows that
they have the initiative to get in with other commercial real estate professionals on the ground level.

If you are not into the stuffy seminar scene get in your car
and drive around your city. Find a house that is being rehabbed and speak to
the contractor there. You could also go to your local lumber yard or hardware
store and find a handful of contractors.

You now have a list of potential commercial real estate contractors, now what?


Now comes the hard word. You now have to sieve and dig
through mountains of pictures showing the work of your potential contractor.
You want to make sure that the contractor has a portfolio with full photo sets
of their work. If they are currently working on a project, ask if you can visit
them on site one day. Most of the time they will gladly show off their work
without hesitation. If you can, go once or twice to see how long they take on
certain projects. Pay attention to how they treat their employees, as well.

This
is commercial real estate, make sure
everyone can make money once the flip is completed


At this point, you want to compare all the bids and quotes
that you have received. Make sure that the bids fit into the project that you want
to accomplish. Discuss all the potential costs that you may have before you
agree to have the contractor work with you. You want to make sure you make a
profit at the end of the flip.



Dennis Dahlberg Broker/RI/CEO/MLO

Level 4 Funding LLC
Arizona Tel:  (623) 582-4444 
Texas Tel:      (512) 516-1177 
Dennis@level4funding.com
www.Level4Funding.com
NMLS 1057378 | AZMB 0923961 | MLO 1057378
22601 N 19th Ave Suite 112 | Phoenix | AZ | 85027

111 Congress Ave |Austin | Texas | 78701    


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Face Book 

Active Rain 

Linked In

About the author: Dennis has been working in the real estate industry in some capacity for the last 40 years. He purchased his first property when he was just 18 years old. He quickly learned about the amazing investment opportunities provided by trust deed investing and hard money loans. His desire to help others make money in real estate investing led him to specialize in alternative funding for real estate investors who may have trouble getting a traditional bank loan. Dennis is passionate about alternative funding sources and sharing his knowledge with others to help make their dreams come true.

Dennis has been married to his wonderful wife for 42 years. They have 2 beautiful daughters 5 amazing grandchildren. Dennis has been an Arizona resident for the past 40 years.

Commercial Real Estate: How Airbnb Can Be Your Ally

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There are a lot of different ways to make money in the commercial real estate business. Many often choose to go the fix and flip route; refurbishing old homes and selling them at a higher price can yield a higher profit. However, Airbnb could be the most practical choice when are beginning your career.

If you have not heard of Airbnb, you most likely have been living under a rock for the past couple of years. While most of us can appreciate a nice four-star hotel sometimes you want to have something small and quaint all to yourself. This is where Airbnb comes into the picture. Vacationing like you live there is the mission of the company. Airbnb puts potential clients in contact with homeowners that list their homes for a quick and easy bed and breakfast. Most of the hosts are extremely friendly and are willing to help accommodate their guest in any way

Recently, Airbnb was awarded over $1 billion to help aid in the company’s expansion and debt facilitation. Last year, Airbnb raised over $100 million in revenue. Many people have taken to the enterprise since its inaugural year in 2008. Along with providing people with inexpensive room and board, it also can be used to make a nice profit on a weekly basis. The best part about it is being the hotelier; you can do whatever you want you.

In regard to commercial real estate, depending on where you live, listing your home on Airbnb you have a substantial takeaway at the end of a season. The way it works is Airbnb will cover the cost of insurance and advertisement; at the end, you just have to share a portion of your profit with the company.

What does Airbnb mean for commercial real estate?


Simple. Airbnb means that you can have more than one exit strategy. A lot of people feel as though the only thing they can do once they start investing is fixing and flipping. Now this is a great way to make money. However, recurring payments are much more valuable than a one-time payment. Think of it this way, a home that needs a little TLC, is placed on auction. While it needs a lot of work there is potential. The area you have chosen is ripe for tourism and nightlife. However, you have taken out a loan from a hard money lender. This mean you have a higher interest rate. You could possibly pay the house off quicker if you rent it out every summer or winter.

How to make it work for you on a commercial real estate level


With Airbnb, you can make money to pay off debts you may have and in turn you use the property to make even more money. A lot of the pricing is worked out through the city you have your property listed in. Bigger the city the more tourists want to visit. If you are good at turning around a property quickly you should look into having multiple homes in different places. Having a home near the beach in the summer and having a log cabin near the mountains allow you to have a constant flow of money your commercial real estate investment.



Dennis Dahlberg Broker/RI/CEO/MLO

Level 4 Funding LLC
Arizona Tel:  (623) 582-4444 
Texas Tel:      (512) 516-1177 
Dennis@level4funding.com
www.Level4Funding.com
NMLS 1057378 | AZMB 0923961 | MLO 1057378
22601 N 19th Ave Suite 112 | Phoenix | AZ | 85027

111 Congress Ave |Austin | Texas | 78701    


You Tube
Face Book 

Active Rain 

Linked In

About the author: Dennis has been working in the real estate industry in some capacity for the last 40 years. He purchased his first property when he was just 18 years old. He quickly learned about the amazing investment opportunities provided by trust deed investing and hard money loans. His desire to help others make money in real estate investing led him to specialize in alternative funding for real estate investors who may have trouble getting a traditional bank loan. Dennis is passionate about alternative funding sources and sharing his knowledge with others to help make their dreams come true.

Dennis has been married to his wonderful wife for 42 years. They have 2 beautiful daughters 5 amazing grandchildren. Dennis has been an Arizona resident for the past 40 years.

Commercial Real Estate: What You NEED To Know BEFORE You Invest

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Before you ink your first commercial real estate deal there some things that you have to do
prior. Many real estate beginners often do not the take time out to get
everything in place in regard to the deal they are trying to make. This article
will give the brief rundown of what you should you be doing before your first
buy.

Research is a big part of the commercial real estate business. 
As an investor, you should be consistently researching new ideas and
tips that other professionals have. You should be researching the market you
want to invest in almost every day. The market is consistently changing, and
you want to make sure that you are always ahead of the curve.

Cold calling, looking up new properties on the internet and
sieving through public records are great ways to start your research. Word of
mouth is one the best ways to begin your research before you purchase a new
property. Most of the time having someone that is living in the neighborhood
that you want possibly invest in will give you an in.

In turn, this allows you to get in on the market on the
ground level. You now have a lot of options in the long run. You now have
someone that may know someone who is trying to sell their home. This could
potentially put you in contact with someone in the neighborhood that is a
contractor, and so on. 
Also in regard to researching the property that you want to
buy, you also want to make sure that you check the insurance history of the
home. Anything you can dig up is great. Previous owners and major repairs are
usually at the top of the list of things you want to look at.

Your personal records are also something you need to look at
when in the commercial real estate
business


If you want to get into the commercial real estate business one thing that you want to make
sure that you get in order is your credit score. Having a low credit scot or a
credit report with red flags can be devastating when you are trying to buy a
new property. If your credit is a little shaky there are some lenders that are
willing to help you depending on the nature of your investment. On the other
hand, you could try going to a hard money lender if you need a quick loan. Most
of the time hard money lenders do not worry about the type of credit you have as
long as you have adequate collateral.

Commercial real estate
is a game of preparation


Planning your flip or your sale thoroughly is key in the commercial real estate business. Once
you figure out what type of property you want to sell; you then want to make
sure the neighborhood or heavy traffic area is right for the scope of the
business. Comb through different community blog to learn about what people want
and need in the area. Make sure you have a backup plan to your backup plan.
Having an out when a deal goes south is paramount. After all your planning you
have to be able to commit to your investment wholeheartedly.



Dennis Dahlberg Broker/RI/CEO/MLO

Level 4 Funding LLC
Arizona Tel:  (623) 582-4444 
Texas Tel:      (512) 516-1177 
Dennis@level4funding.com
www.Level4Funding.com
NMLS 1057378 | AZMB 0923961 | MLO 1057378
22601 N 19th Ave Suite 112 | Phoenix | AZ | 85027

111 Congress Ave |Austin | Texas | 78701    


You Tube
Face Book 

Active Rain 

Linked In

About the author: Dennis has been working in the real estate industry in some capacity for the last 40 years. He purchased his first property when he was just 18 years old. He quickly learned about the amazing investment opportunities provided by trust deed investing and hard money loans. His desire to help others make money in real estate investing led him to specialize in alternative funding for real estate investors who may have trouble getting a traditional bank loan. Dennis is passionate about alternative funding sources and sharing his knowledge with others to help make their dreams come true.

Dennis has been married to his wonderful wife for 42 years. They have 2 beautiful daughters 5 amazing grandchildren. Dennis has been an Arizona resident for the past 40 years.

Commercial Real Estate: Five Common Mistakes New Investors Make

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You
have to make sure when you are just getting started in the commercial real estate field that you set yourself up properly. You
are going to make mistakes in this business, but you have to learn how to think
on your feet and bounce back.
Commercial real estate can be a tough area to begin a
career in. Anything could go wrong at a moment’s notice. The carpenter that you
originally made a deal with may decide that the quote he sent you was not
enough to cover the work agreed upon. You could have been misled to believe the
family home that looks ready for a quick turnaround now needs thousands of
dollars in repairs and refurbishments. Quick thinking and due diligence will
become your best friend, however, you will still run into some headaches.
One of
the biggest mistakes that novice investors run into is misjudging the market.
Three words could make or break your business: supply and demand. The most
successful entrepreneurs are people that see a need in the market. Once they
figure that out, they figure out multiple ways to fulfill that need for their
customers.
For
example, if you find that your city is having an increase of entrepreneurs or
small business owners you could invest in co-working spaces. Looking for the
census records of the city you are in can yield a lot of answers. Things like
average household income, the amount of people that are moving to the city or
the rate of employment are great indicators of the market conditions.
Most
experts will tell you the best way to succeed is to follow the numbers
religiously. You always want to make sure that you are able to accurately
figure out how much profit you will make off your investment. You do not want
to spend a lot of your career just breaking even. Make sure you calculate every
expense that you may incur over the entire process. At the end of your deal you
do not want to find out that you have another expense that puts you the hole.
That being said you do not want to forego certain repairs or enhancements to
save money here and there.

Everything in the commercial real estate business ties in
together


You
have to remember that many mistakes usually have a ripple effect. The
contractor you forget to schedule today cannot make the repairs before the
inspector checks to see if the house is up to code. Another thing people new to
the business may do is overextend their loan. What we mean by that is borrowing
too much money from lenders when investing in a piece of property. If the value
of the property does not exceed or at least match the price you are asking for
you could end up owing a lot of people a lot of money.

When things get a little hectic
during commercial real estate
business sometimes you have to fold


When in
doubt know your way out. There is a thing called scope creep. This is when the
general scope of the deal or flip that you want to do gets more complicated, or
has much more work than anticipated. Many beginners feel as though they can
force a deal to go their way, however, it may be more beneficial cutting your
losses and finding a better investment.

Dennis Dahlberg Broker/RI/CEO/MLO

Level 4 Funding LLC
Arizona Tel:  (623) 582-4444 
Texas Tel:      (512) 516-1177 
Dennis@level4funding.com
www.Level4Funding.com
NMLS 1057378 | AZMB 0923961 | MLO 1057378
22601 N 19th Ave Suite 112 | Phoenix | AZ | 85027

111 Congress Ave |Austin | Texas | 78701    


You Tube
Face Book 

Active Rain 

Linked In

About the author: Dennis has been working in the real estate industry in some capacity for the last 40 years. He purchased his first property when he was just 18 years old. He quickly learned about the amazing investment opportunities provided by trust deed investing and hard money loans. His desire to help others make money in real estate investing led him to specialize in alternative funding for real estate investors who may have trouble getting a traditional bank loan. Dennis is passionate about alternative funding sources and sharing his knowledge with others to help make their dreams come true.

Dennis has been married to his wonderful wife for 42 years. They have 2 beautiful daughters 5 amazing grandchildren. Dennis has been an Arizona resident for the past 40 years.

Commercial Real Estate: How To Choose The Right City

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There are a lot of things you must take into
consideration before diving in the commercial
real estate business. One of the biggest obstacles that many people have to
face is location.

There are a lot of shows on many networks showing the
attractive version of the commercial real estate business. One of the biggest obstacles that you might run into
is finding the right city to begin your career as a commercial real estate investor.

Sometimes you could have the right business plan but
living in the wrong city may give you some problems when you are looking for
prospective properties. After the real estate bubble burst, there were many
cities that fell. Places, where you could possibly be successful, are not the
same as they used to be.

In regards to the traditional commercial real estate, like offices and storefront area big cities
like New York, Los Angeles, Miami and San Francisco are great places to start
from. Tourism is your friend when you are looking in large buildings to
possibly invest in. You want to look at the amount of tourist funnel into the
city. These type of cities are great for commercial businesses.
You do want to make sure that you check the pricing of
the properties thoroughly you do not want to invest too much of your time just
in one location. Cities like New York or San Francisco may have some steep
prices. This may, in turn, drive possible buyers away from the property you
want to flip. Make sure if you are planning on using the space for your
personal business will be able to survive in the area or neighborhood it is
located.

When
it comes to commercial real estate
for potential home buyers there is a slight difference


Commercial real estate in regard to house flipping is very
different in comparison. New York is one place you may want steer clear of;
many people wind up leaving the city because of how high the cost of living has
become. Many people are moving to southern states. For example, Atlanta, GA has
had a large influx of people moving and buying single family homes. One major
thing southern cities like Charlotte, Dallas, Houston and Atlanta have going
for them is the vast amount of space. There are plenty of places to build new
homes. On top of that, there are a lot of tourist attractions within the
metropolitan areas if you want to venture into the city.


Commercial
real estate is not confined to the large attractive
cities


Sometimes you have to forego flipping the lofts of
Manhattan and venture upstate to Nyack. You have to be flexible when it comes
to the commercial real estate
business. Many investors want to conquer a New York or a Chicago, but sometimes
investing in a Greensboro may be more profitable. In bigger cities you also have
to deal with much more competition. Go to a city where you can be the big fish.

Dennis Dahlberg Broker/RI/CEO/MLO

Level 4 Funding LLC
Arizona Tel:  (623) 582-4444 
Texas Tel:      (512) 516-1177 
Dennis@level4funding.com
www.Level4Funding.com
NMLS 1057378 | AZMB 0923961 | MLO 1057378
22601 N 19th Ave Suite 112 | Phoenix | AZ | 85027

111 Congress Ave |Austin | Texas | 78701    


You Tube
Face Book 

Active Rain 

Linked In

About the author: Dennis has been working in the real estate industry in some capacity for the last 40 years. He purchased his first property when he was just 18 years old. He quickly learned about the amazing investment opportunities provided by trust deed investing and hard money loans. His desire to help others make money in real estate investing led him to specialize in alternative funding for real estate investors who may have trouble getting a traditional bank loan. Dennis is passionate about alternative funding sources and sharing his knowledge with others to help make their dreams come true.

Dennis has been married to his wonderful wife for 42 years. They have 2 beautiful daughters 5 amazing grandchildren. Dennis has been an Arizona resident for the past 40 years.

Commercial Real Estate: Fix and Flip Tips

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The commercial real estate business has
taken a lot of hits in recent years. Depending on the market or the city that
you are working in you could go through a hundred different situations. Should
you take on the business or you leave it to someone else?

From 2007 to 2009, the commercial real estate market took a huge hit due to the recession.
While it is making a comeback it is still difficult to turn around a high
yield. In 2007, the housing bubble burst to result in a $8 trillion loss. In
turn, as we all know many people were laid off and consumer spending took a
drastic decline.

Alas, the U.S. is a very resilient country and has
come back very strong. The same can also be said for the commercial real estate business. Even with taking as big of a hit
as it did the real estate business is slowly beginning to thrive again. That
being said there still is a lot of work to do, and for some this field may not
be the right choice.

One of the biggest roadblocks that investors run into
is actually financing the property that they want to flip. When the bubble was
increasing many lenders gave out no/low doc loans. Basically, potential buyers
did not have to provide documentation of their income to the institution. After
a while, the mortgages that were taken out were worth more than the value of
the property and homeowners could not pay for them. Many first time home buyers
and investors now have to deal with stringent credit standards that turn a lot
of buyers away. A lot of lenders now are more cautious when it comes to lending
a commercial real estate loan.

Financing
the property is not the only thing you have worry about in the commercial real estate business.


When it comes to finding a vacant property or even
finding someone that is willing to sell their home. When it comes to real estate
right now the pickings are very slim. Finding the right property is a large
part of the work that you have to put in. There are not many homes that are
available for investors to attempt a flip.

Another problem that many investors have is finding
the right cities that have an economy that is conducive for commercial real estate. A lot of the
hot spots for flipping are in places like Los Angeles, Baltimore, Chicago and
Detroit. It is not a requirement to be successful, but relocating your business
could be a good idea.

With little options to choose from when it comes to
property and vacant buildings competition is a very big part of the business
now. If you are just starting out, you want to make sure that you are ready to
battle at auctions. You have to be ready to jump on every possible buy that you
feel as though you can make a profit on.

So
should you join the commercial real
estate business?


Short answer, if you can see yourself making a profit
in the commercial real estate world
then, yes. However, if you get in the business and find yourself barely
breaking even or having a hard time finding buyers for a possible flip; you
should try a new approach. You want to make sure you understand the market and
how it works, as well. Go into partnership with another person to help you as
well. Your connections are key in the commercial
real estate business.

Dennis Dahlberg Broker/RI/CEO/MLO

Level 4 Funding LLC
Arizona Tel:  (623) 582-4444 
Texas Tel:      (512) 516-1177 
Dennis@level4funding.com
www.Level4Funding.com
NMLS 1057378 | AZMB 0923961 | MLO 1057378
22601 N 19th Ave Suite 112 | Phoenix | AZ | 85027

111 Congress Ave |Austin | Texas | 78701    


You Tube
Face Book 

Active Rain 

Linked In

About the author: Dennis has been working in the real estate industry in some capacity for the last 40 years. He purchased his first property when he was just 18 years old. He quickly learned about the amazing investment opportunities provided by trust deed investing and hard money loans. His desire to help others make money in real estate investing led him to specialize in alternative funding for real estate investors who may have trouble getting a traditional bank loan. Dennis is passionate about alternative funding sources and sharing his knowledge with others to help make their dreams come true.

Dennis has been married to his wonderful wife for 42 years. They have 2 beautiful daughters 5 amazing grandchildren. Dennis has been an Arizona resident for the past 40 years.

Commercial Real Estate: How To Find Leads

Uncategorized, , , ,
When you are just starting out in the commercial real estate business you
have to always keep your head on a swivel. There is always a property to be
sold; always a flip to be made. You just have to go out and find it.

The commercial real estate business can be a crucible when you are just starting out. One
of the biggest obstacles many beginners face is finding out where the next
potential buy is. If you ask most professionals in the trade, they will tell
you it is usually word of mouth that gets helps them find their prospective
buy. Some will tell you looking through public records is the best way to find
a new property. These are just a small few ways that you can go about finding
your first buy, but you have many options if you look closely.

Word of mouth is possibly the best way to find out
where the best prospects are for investing. The first place you could go to is
your family. Most of the time they are best places to start. The commercial real estate business is about
making and having connections. You want to make sure that you start making
connections with people that are on the ground floor of the market that you
want to corner. Having your ear to the street will give you a lot of leads when
you are beginning.
Being a people person is a lot of the battle in the commercial real estate business; you
have to be able to talk to different people without fear. Being extroverted is
a great trait that you could use to your potential. Everyone likes someone that
is personable. However, it is possible to be introverted.
Another way you could figure out where some potential
properties is by mentioning to people that you are in the commercial real estate business. Just by giving people your
business card or the link to your website in passing opens up many different
doors.

Connections
in the commercial real estate business
are extremely important


This is the age of social media, with a swipe of a
finger or a quick click of a mouse puts you in contact with millions of people.
The same model can be applied to commercial real estate. If you are having trouble finding where the best lots are
located or when the next foreclosure is happening a tweet could suffice. You
could keep up with certain hashtags that involve your business such as #CRE. You
could also send a massive email chain could also help you find some new
clients.  You also want to make sure that
you keep up with the plethora of blogs and forums that are online. You usually
will have some that could give you the rundown on a city you may want to start
plotting investments.

When
all else fails the commercial real
estate business will always have something around you just have to go
searching


Sometimes you just have to trust your gut and go cold
searching for a property that you may be interested in. Many investors will
drive around popular neighborhoods and cities looking for distressed or derelict
properties that need a little refurbishment. This is called, “driving to
dollars,” in the commercial real estate
world. Depending on your experience this will be the first or last thing you
do.

Dennis Dahlberg Broker/RI/CEO/MLO

Level 4 Funding LLC
Arizona Tel:  (623) 582-4444 
Texas Tel:      (512) 516-1177 
Dennis@level4funding.com
www.Level4Funding.com
NMLS 1057378 | AZMB 0923961 | MLO 1057378
22601 N 19th Ave Suite 112 | Phoenix | AZ | 85027

111 Congress Ave |Austin | Texas | 78701    


You Tube
Face Book 

Active Rain 

Linked In

About the author: Dennis has been working in the real estate industry in some capacity for the last 40 years. He purchased his first property when he was just 18 years old. He quickly learned about the amazing investment opportunities provided by trust deed investing and hard money loans. His desire to help others make money in real estate investing led him to specialize in alternative funding for real estate investors who may have trouble getting a traditional bank loan. Dennis is passionate about alternative funding sources and sharing his knowledge with others to help make their dreams come true.

Dennis has been married to his wonderful wife for 42 years. They have 2 beautiful daughters 5 amazing grandchildren. Dennis has been an Arizona resident for the past 40 years.

Commercial Real Estate Property: Your Quick and Dirty Guide To Fixing and Flipping

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The commercial real estate business can be
very unforgiving, however, you can make it work for you. Before you start your new
venture as a realtor there are a few things that you should do prior to inking
your first deal.


The commercial real estate business can be
very tough when you are just starting out. As with any craft, there are
different things that you have to take into consideration. For example, the
real estate business can go through a feast and famine period. The recession in
the U.S. a few years ago is a perfect example of this. Before the recession hit
a lot of investors were buying up property at low prices and trying to turn a
profit by selling really high. After the market bubble burst there were not a
lot of properties being sold.

There really is
no way you can accurately predict the outcome of the economic climate. You can,
however, adjust the way you approach your investments. Before you start you
want to make sure you do a lot of research on the business. Make sure you talk
to people who have been in this business for years. They usually have a myriad
of trade tips that they have can vary. Anywhere from the best places to find a
potential buy to dealing with a lender efficiently. Asking someone first is
always better than spending a lot of time trying to educate yourself.

After educating yourself on the commercial real estate business you now
have to apply your knowledge.


  You have a mission that you want to
accomplish, but you cannot complete your goal if you never take the plunge.
Like most coaches say, “You can practice all you want, but now it’s time for
the real game.” You want to start out by scoping the prospective places you may
want to invest in. Spend time in different parts of your city; go as far as
visiting surrounding cities to see if there are any commercial real estate properties that you would be interested in. You
want to set a set a price of what you are willing to pay and the lowest price
you are willing to sell your property for.

Where are the best places to look for commercial real estate opportunities?


One way you can
find potential commercial real estate
buys is by going through public records. Most of the time you will be able to find
a couple of homes that are either being foreclosed by using public records. A
lot of commercial real estate
investors will also drive around looking for distressed and abandoned
properties that need some refurbishments. This is called, “driving to dollars.
After finding the right place, you want to make sure everything is up to code
and the property is safe to live in or work in.

To find a
potential buyer, you want to begin by asking around to see who is looking for a
new home. Family members and friends are great options to begin with. Once you
find a buyer make sure that you negotiate a fair price for both parties.

Dennis Dahlberg Broker/RI/CEO/MLO

Level 4 Funding LLC
Arizona Tel:  (623) 582-4444 
Texas Tel:      (512) 516-1177 
Dennis@level4funding.com
www.Level4Funding.com
NMLS 1057378 | AZMB 0923961 | MLO 1057378
22601 N 19th Ave Suite 112 | Phoenix | AZ | 85027

111 Congress Ave |Austin | Texas | 78701    


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About the author: Dennis has been working in the real estate industry in some capacity for the last 40 years. He purchased his first property when he was just 18 years old. He quickly learned about the amazing investment opportunities provided by trust deed investing and hard money loans. His desire to help others make money in real estate investing led him to specialize in alternative funding for real estate investors who may have trouble getting a traditional bank loan. Dennis is passionate about alternative funding sources and sharing his knowledge with others to help make their dreams come true.

Dennis has been married to his wonderful wife for 42 years. They have 2 beautiful daughters 5 amazing grandchildren. Dennis has been an Arizona resident for the past 40 years.

Commercial Real Estate: How To Buy With Little To No Money Down

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Commercial real estate can be a very profitable business once you get started, however, it can be hard getting the money needed for your investment. In this article, you will be able to find out to get the property you want without little to no down payment.

Everything in this world costs money we all know that, but there are always going to be instances when you will not have all the money up front. If you want to purchase commercial real estate you still can! The “Great Recession,” halted a large portion of the home renovation business a while. However, the fix and flip business is making a steady comeback.

A lot of commercial real estate properties require a down payment. However, if you are just starting out you may not be able to afford that. Do not worry you have a few options at your disposal. One thing that you could do is apply for a loan. Seems very obvious believe us not many people do not think about this before they consider buying. Many commercial lenders are willing to lend you the amount you need to pay for the down payment.

In lieu of a loan from a commercial real estate lender, you could also split the cost of the property with a business partner. Sharing the expense of your new property will make it much easier to pay off the down payment. It also opens the door for new things you may want to do. For instance, instead of only being able to only spend $10,000 on repairs and enhancements, you could share all the expenses and turn a better profit in the long run.

You are not tied to going the liquid money way for the down payment on your commercial real estate property


If you do not want to go the hard cash route to pay for the down payment on your commercial real estate property you still have many options. Some more experienced investors know to have other things they could possibly trade or offer in place of money. For example, you could use collateral to pay the down payment. This can range anywhere from a car, motorcycle, watercraft or anything of value.


If you have the connections, you could potentially trade services, as well. Say you are a plumber and you are moonlighting as a real estate investor on the side you could offer your services on any changes they want to make to their new home.

You could also trade houses with the owner of the property you want to buy. This takes a little convincing and a lot of confidence on your part, but this is a great option if you already have a commercial real estate that you are willing to part with. You want to make sure the home or vacant space you want to trade has equal or greater value.

What if I do not have any commercial real estate property I want to trade?


In this event, you could ask the seller of the property to transfer their mortgage to you. This is a great way to quickly get the property that you want to buy. However, this only happens if the owner wants to get rid of the property quickly. While you are taking on a new mortgage depending on how well you refurbish the property you could pay the mortgage off fairly quickly.

Dennis Dahlberg Broker/RI/CEO/MLO

Level 4 Funding LLC
Arizona Tel:  (623) 582-4444 
Texas Tel:      (512) 516-1177 
Dennis@level4funding.com
www.Level4Funding.com
NMLS 1057378 | AZMB 0923961 | MLO 1057378
22601 N 19th Ave Suite 112 | Phoenix | AZ | 85027

111 Congress Ave |Austin | Texas | 78701    


You Tube
Face Book 

Active Rain 

Linked In

About the author: Dennis has been working in the real estate industry in some capacity for the last 40 years. He purchased his first property when he was just 18 years old. He quickly learned about the amazing investment opportunities provided by trust deed investing and hard money loans. His desire to help others make money in real estate investing led him to specialize in alternative funding for real estate investors who may have trouble getting a traditional bank loan. Dennis is passionate about alternative funding sources and sharing his knowledge with others to help make their dreams come true.

Dennis has been married to his wonderful wife for 42 years. They have 2 beautiful daughters 5 amazing grandchildren. Dennis has been an Arizona resident for the past 40 years.