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Commercial Real Estate Pro Network

Commercial Real Estate Professionals who work with Investors, Buyers and Sellers of Commercial Real Estate. We discuss todays opportunities, problems & solutions in Commercial Real Estate.
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Now displaying: Page 1
Jul 3, 2019

BIGGEST RISK with Brian Hennessey - CREPN Radio



Darrin: [00:00:07] The BIGGEST RISKthat either you face for the U.S. investors face regarding investing in commercial real estate. I'm not necessarily looking for an insurance related answer I wanna make sure that that's understood. But I wonder if you could speak to that for a second. [00:00:24][17.8]

Brian: [00:00:27] Sure. And I could put it pretty succinctly. Assume nothing. Don't assume that that seller would not do that to you or it's not that type of property or or that can't possibly be a problem right. If you assume anything, you have to assume there are multiple problems that are waiting to be discovered. That you don't know about yet. Because you could give me a brand new property and I will find some issues. May not be a lot, but I'll find some issues. So that's what the crux of, learning how to do the deep dive due diligence will do for you. It'll minimize that risk. So when it comes time for your earnest money deposit to go nonrefundable, you're comfortable with that decision. [00:00:27][0.0]

[17.8]

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