Jun 11, 2021
Welcome back! Today I’m gonna go over the big idea of replacing a 6-figure income with just 1 Commercial Property! It may sound outrageous and somewhat of a clickbait for some, but I’m going to show you why commercial real estate is different.
[00:01 - 07:48] Opening Segment
- I talk about the great values that await you in this episode
- The real value of a residential real estate
- What the wealthy focus on when it comes to commercial real estate
[07:49 - 15:12] Replacing a 6-figure income with a commercial property
- Multiple avenues to drive the value of properties and amplify your NOI
- What really is commercial real estate?
- The importance of finding a niche in the commercial real estate industry
- Finding a gap in the marketplace
[15:13 - 19:06] Closing Segment
- Getting into real estate
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- Multifamily vs Single family
- Find a mentor
- Final Thoughts
- If you are interested in my coaching and consulting program, please reach out to me through email at shane@shanemelanson.com or see below for my website link.
Tweetable Quotes:
“The wealthy focus on commercial real estate problems.” - Shane Melanson
“If you’re just getting into real estate, you should focus on a niche. Because if you try to do too many things it’s gonna take you five times longer to try and figure out how things work.” - Shane Melanson
“Find a mentor, find someone that understands commercial real estate, and understands the game to look over your shoulder.” - Shane Melanson
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