Commercial Property Advisors
Insight, market updates and wisdom from America's leading commercial real estate mentors, including Peter Harris, the author of the book Commercial Real Estate Investing for Dummies.
Commercial Property Advisors
5 Things I Wish I Knew Before My First Multifamily Deal
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Peter Harris
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Season 12
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Episode 20
Buying my first multifamily deal was life-changing, but I quickly learned how much I didn’t know. Mistakes cost me thousands, but they also taught me valuable lessons that helped me build a portfolio, leave my corporate job, and mentor others. Here are 5 lessons I wish someone had told me before I got started.
In this podcast, you'll learn:
- How cash flow and cash reserves can make or break your investment
- Why property management is worth every penny—and the costly mistake I made
- The importance of knowing the neighborhood
- How to overcome analysis paralysis and take action
- Why starting small might be the smartest move for new investors
