5 Rookie Mistakes You Should Never Make

Discover the five most costly mistakes new commercial real estate investors make, and more importantly, how to avoid them. Learn more here: https://www.commercialpropertyadvisors.com/rookie-mistakes/

What you’ll learn in this video:

1. How to overcome analysis paralysis
2. Why relying on proforma numbers instead of actuals can cost you six figures
3. The hidden danger of economic vacancy and how to spot it
4. How to properly plan for cash reserves
5. The #1 mistake and how to avoid it with comparables

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00:00 Avoid Costly Mistakes in Commercial Real Estate
01:15 Mistake #1: Analysis Paralysis
03:05 Mistake #2: Buying on Proforma, Not Actuals
06:19 Mistake #3: Ignoring Economic Vacancy
08:11 Mistake #4: Underestimating Cash Reserves
09:55 Mistake #5: Overpaying for the Property