For most investors, stepping into the commercial real estate assets space is a big step and brings with it new knowledge sets and unique risk factors which can put both novices and experienced investors off. The good news is that investing in commercial real estate, through marketplaces such as ours, is more about choosing the right partner to invest alongside as a passive investor, rather than taking on the job of actively managing the deal yourself. However, even as a passive investor, understanding the process your partner goes through is important and helps you make more informed decisions about who to invest with.
This article, Ultimate Checklist for Buying Commercial Real Estate by Mat Feldman of Feldman Equities provides their 'non-negotiable' list of steps for acquiring buildings in the commercial real estate space.
Matt Feldman aptly quotes Benjamin Franklin's famous quote: 'Failing to prepare, is preparing to fail', and we couldn't agree more.