May 14, 2024
Commercial Real Estate Do’s and Don’ts with Neil Timmins
Commercial real estate is a different beast than what most of our Deeders are used to. You’re dealing with bigger companies who are more likely to analyze the deal carefully and over a different timeframe than the mom-and-pop renting out your...
Commercial real estate is a different beast than what most of our Deeders are used to. You’re dealing with bigger companies who are more likely to analyze the deal carefully and over a different timeframe than the mom-and-pop renting out your AirBnB. They also have different interests, like triple-net leasing and space that’s easily transferable. So what do you need to know? Today we chat with Neil Timmins, an investor in Iowa who by age 29 became the number one REMAX realtor in the state. After many residential projects, Neil had his first opportunity for a commercial deal and took it, and he was hooked. He’ll share the ins-and-outs of the commercial space, how to find your first deal, who to approach, and more.
In our headline, what could go wrong when you invest in a hot market? Plenty. Today we share a cautionary tale so that you don’t make some key mistakes when investing in your first property (or second, third, etc.). Plus, Doug shares his property pop quiz, and more! It’s another exciting day in the back of Ruth’s car learning about real estate!
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