Dolf de Roos' "Commercial Real Estate Investing" reveals all the differences between residential and commercial investing and shows you how to make a bundle. De Roos explores the different sectors - retail, office space, industrial, hospitality, or specialist - to help you discover which is right for you. He shares key insights on finding tenants and avoiding vacancies, financing large investments, managing property, setting a tax-smart corporate structure, and take full advantage of tax breaks.
IntroductionChapter 1. Just what is Commercial Real Estate?Chapter 2. People versus Contracts.Chapter 3. Why Invest in Commercial Real Estate?1. Lease Duration.2. Assignment of Lease.3. Tenants Earn Their Income On Your Premises.4. Landlord Pays For Improvements To Commercial Premises.5. Certainty of Collecting Rent.6. Upward-Only Rent Reviews.7. Government Interference.8. Management Overhead.Chapter 4. The Downside of Commercial Real Estate.1. Much More Difficult To Acquire Commercial Tenants.2. Banks Will Lend A Smaller Proportion Of A Commercial Property.Chapter 5. The True Value of Real Estate.Chapter 6. How to overcome the disadvantages of Commercial Real Estate.Chapter 7. How to Attract a Tenant.Who Wants To Run A Funeral Business?Finding A Tenant For A Warehouse In An Oversupplied Market.The Power of the Internet.Many Prospective Tenants Know your Building.Engage a Real Estate Firm or Property Management Company to find a Tenant.Wait for (or Cause) a Zone Change.Split a Single Tenancy into Multiple Tenancies.Consolidate Multiple Tenancies into One.The Ultimate Way to Attract a Tenant.Chapter 8. How to Increase Rental Income (and hence the Capital Value).Helipads.Cell Phone Towers.More Rooftop Antics.Naming Rights.Air Space.Parking.The Humble Web Cam.Interior Remodel.The Triple Win of Alarm Systems.Rent Reviews To Market.Chapter 9. What were the disadvantages of Commercial Real Estate?Chapter 10. Finding Commercial Real Estate.Newspaper Advertisements.Real Estate Firms.The Internet.Keeping Your 'Eyes Peeled'.Networking.Word of Mouth.Helping Other People.The 100:10:3:1 Rule.Summary.Chapter 11. Analyzing Deals.Due Diligence.Four Questions to Ask about any Commercial Property.Return on Investment.REAP.Property Information.Investor Information.Rent Information.Loan Information.Annual Expenses.Depreciation.Reports.Investment Analysis.Loan Analysis.Graphical Reports.REAP Index.Sensitivity Analysis.Chapter 12. Negotiating Commercial Real Estate Deals.Chapter 13. Financing Commercial Real Estate.Proposal for Finance.Summary.General Description of Property Offered as Collateral.Property Portfolio Statistics and Cash Flows.Statement of Assets and Liabilities.What to include in the Appendix.How to use the Proposal for Finance.Umbrella Loans.Chapter 14. Structuring Commercial Real Estate Ownership.Chapter 15. Managing Commercial Real Estate.Tenant Selection.Rule Enforcement.Rent Reviews.How to Get a Tradesman to Do Your Work First.Accounting.Summary.Chapter 16. How to Beat the Average.Geography.Zone Changes.Proximity to Views.The Center of Town.High Technology.Combining all Methods of Beating the Average.Chapter 17. Raw Land.Best Choice Properties.Spring Mountain Ski Ranch.Getting Back To Commercial Real Estate Investing.Chapter 18. Extraordinarily Odd Commercial Deals.Oil in Them Thar Hills.Marine Farms.Chapter 19. Property Ventures Limited.Five Mile.Chapter 20. Never Sell.Chapter 21. Thirteen Golden Rules of Commercial Real Estate Investment.Golden Rule #1 Risk is equal to Yield.Golden Rule #2 Safety of Principal.Golden Rule #3 Control Your Liabilities.Golden Rule #4 Add Value to a Deal.Golden Rule #5 A broker or agent must bring something to the deal.Golden Rule #6 Real Estate is a Long Term Investment.Golden Rule #7 The Number of Voting Partners is Directly Proportional to the Failure of the Project.Golden Rule #8 You are Going to be in a Lawsuit.Golden Rule #9 It Only Takes One Deal To Go Broke.Golden Rule #10 It only takes one deal to make a Million Dollars.Golden Rule #11 The Value of a property is limited by the tenant's ability to pay rent.Golden Rule #12 Appreciation & Inflation Compounded Annually.Golden Rule # 13 You Cannot Give Kindness Away - It Is Always Returned.Chapter 22. Investing Abroad.Chapter 23. Live Life to the Fullest