Every day I am approached by people in residential real estate, by people in different professions such as medicine and law, and others who are not too informed on commercial real estate and what it is really about. When they discover my profession, they always ask me, Why? Of course they acknowledge the most obvious reason, the amount of money that can be made. However, I am quick to inform them that there are so many other wonderful reasons why ANYONE should be involved in commercial real estate.
Here I have compiled the top five reasons why I am involved in commercial real estate, and why you should too.
The first is really my favorite, the concept of synergy. Synergy is the idea that you put in the same amount of effort, but yield a larger result. 1 + 1 = 3. This is definitely present in commercial real estate. Many of the deals you might be involved in require the same exact process and amount of work, regardless of how large the property is, how much the property is worth, what its best use is, and how much of a return you can make from it.
A $15,000,000 deal can literally require the same amount of work as a $3,000,000 deal! Because of this reason,...
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