How to Buy Distressed Commercial Real Estate for BIG Returns 

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Did you buy from the bank

68 units at $900 per month = $734,400 per year. Could he be referring to the cash flow on a short-term I/O loan?

$400k per year cash flow will be in the later stages of the project. Here's a detailed explanation: The cash flow calcs are in 2 phases. Phase 2 is where the cash flow is in the $400K range. (NOTE! It was already in the mid-400s prior to the interest rate increase.) Phase 1 includes rents, expenses, and NOI that are just getting the rent to market levels and the property stabilized. We're on track with Phase 1 Phase 2 is ultimately where the rents are maximized and this goes for every unit. This will most likely be one to one-and-half years after Phase 1. Phase 2 monthly rents are $74,800. We’re running expenses at about 40% or a little more than $4,800 per unit. We can do better than this. That gives you an NOI of $527,950 per year. Annual debt service will be $123,675 per year, depending on the interest rate. That leaves cash flow of $404k per year. A confirmation, our competition is already at Phase 2 rent levels.

@@CommercialPropertyAdvisors what type of debt product are you using and dollar amount of debt tied to the loan please.

This guy is an absolute genius at investing in properties. He was pushing storage units many years ago way before the storage unit craze.

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After Repaired Value

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Please respond to this so I can post my underwriting opinion on where the cash flow would be per year

@𝗪hatsapp Me±¹⁸⁰³⁴⁰²⁶⁹⁸² Commonly those that do this communication wanted the money of the poor. Very rarely a rich person wants to help the poor.

There is a whole lot more to buying abandoned distressed commercial real estate and turning them into high performing assets than simply knowing how to renovate the property. Finding abandoned properties can be as simple as hiring someone to drive around and identify them for you. But that's the easy part.

He was able to obtain enough funds to cover the monthly shortfall.

Line of credit from a bank, plus seller financing sounds like it.

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Right

after repair value

@@EnricoIII thank you Enrico

$7.34MM