Peter Conti

Use this handy Cheat Sheet to learn how to sound like a pro real estate investor (even if you’re just getting started.) Then keep it on hand to make sure you’re staying on top of every commercial property you acquire!Commercial real estate terms you should knowHere are some terms you need to know as you develop your knowledge of commercial real estate: Gross income: Gross income is all your income, including rents, laundry or vending machine income, and late fees.

Most people think commercial real estate is all about apartment rentals. Even though residential properties are a big part of commercial real estate investing, other types of properties make for excellent investment opportunities. Commercial real estate is defined as any real estate that's bigger than one house on one lot.

Due diligence is the process of "doing your homework" on the property that you're thinking about buying as an investment. It's the process of checking, double-checking, and confirming any important information that was used to determine whether the property is a good, average, or bad deal. Due diligence can be broken up into three main specialized parts: physical, financial, and legal.

When you begin your quest for acquiring a commercial property, try to "lead" with a professional property management company — find reputable property management for the type of asset that you're pursuing before you even make offers to purchase. If you can't find experienced and trustworthy property management in that city, don't buy the property.

Commercial real estate investing is all about numbers. In order to evaluate and analyze a commercial real estate investment, you need to know a few important numbers, what they're called, and how to figure them. Having these terms under your belt is crucial on two fronts: Most likely, you'll use a real estate broker to help you locate and close the deal.

The most beautiful property could be a part of the worst real estate investment you've ever made. Remember that commercial real estate investing is all about the deal, the terms, and the return on investment. Here are some tips for successful commercial real estate investing: Be an investor instead of an accumulator of commercial properties.

Like any complicated business, commercial real estate investing has its share of myths and questions. Knowing this information brings forth some valuable truths that will rescue you from the trappings of confusion. The following are some pretty common misconceptions about investing in commercial real estate: You must start off in residential real estate to get into commercial real estate.