Mike Sowers - Commercial Real Estate Investing: A Step-by-Step Guide to Finding and Funding Your First Deal

Copyright 2021 Mike Sowers

All rights reserved.

Commercial Real Estate Investing: A Step-by-Step Guide to Finding and Funding your First Deal

Hardcover ISBN: 978-1-5445-2098-8 Paperback ISBN: 978-1-5445-2097-1 Ebook ISBN: 978-1-5445-2096-4 Audiobook ISBN: 978-1-5445-2099-5

I dedicate this book to God.

Thank you for saving me and giving me these gifts, so that I may share them with others that they may walk the path to freedom.

Thank you to my students, partners, and Scribe Media for encouraging me to write this book.

To my wife Lisa, and children Andi and Brody, I developed this system so I could spend the best hours of my life with you. You are my sunset I could sail off into forever and never leave.

Contents

Step 1: Find

Step 2: Figure

Step 3: Fund

Step 4: Fix

Step 5: Fill

Step 6: Financials

Step 7: Freedom

A Note from Mike

Dear reader,

Im including a complimentary resource bundle for this book at the link below. I hope this system will help you achieve true freedom in your life.

https://www.CREInvestingBook.com

Sincerely,

Mike Sowers

I have a secret for you.

All these years youve spent investing in residential properties, you could have been making ten times more. It doesnt matter if you are wholesaling, flipping, buying junior liens, or doing rentals, the process for commercial investing is almost identical to residential, but the returns are exponentially higher.

I know what youre thinking: the process might be the same, but its still a change .

Im willing to bet you havent gotten into commercial because:

• You dont have enough cash or credit.
• You dont know how to raise capital from other people.
• You dont know where to find a good deal.
• You cant figure out how much you should pay for a property.
• You dont know how to lease commercial spaces.
• You believe commercial is too risky.

Heres what you may not realize: These are beliefs that are not real. They are just fears that stem from a lack of understanding. How do I know this?

Because I had all of the same fears keeping me in my comfort zone doing residential deals, until one day I unlocked a secret that changed my investing strategy for good.

With this secret, I jumped from averaging $50,000 per flip to doing deals where I was making several million dollars per deal. The best part is, it allowed me to do an unlimited number of these deals and turn up the faucet as high as I wanted to go, and it didnt require any more work than flipping a house did.

The secret is simple: You can partner with other people who have good credit and lots of cash to fund your deals. If done properly, you can scale up exponentially, taking on no more risk than residential, getting ten times the results with the same amount of effort.

I know what youre thinking: why would anyone ever want to partner with me? To be honest, maybe they wouldnt. But thats only because you dont have a strategy or an investing system yetand thats what you bought this book for. Stick with me to the end, and you are going to be able to bring quality deals to them that give them better risk-adjusted returns than they would ever get anywhere else. In return, they will compensate you greatly for doing all of the work, allowing them to remain passive in the investment. Thats it. No gimmicks, no missing pieces. Just a complete investing system that you can put into use right away.

You dont have to stop doing what youre doing to implement this system. In fact, maybe your residential investing system is working fine right now. But lets face it: youre getting bored. You cant do this transactional stuff forever. You fantasize about being able to do one large deal per year to make your entire years income instead of having to crank out the numbers, over and over again. Youre getting outbid on properties by rookies who watched an HGTV show, attended a seminar, and overbid because they were so desperate to do a deal.

Guess what! These rookies dont exist in the commercial game.

Maybe youre sick of dealing with unreliable contractors and deadbeat tenants and are ready to spend your time interacting with business owners and entrepreneurs all day.

Maybe you just want the prestige of getting into the big leagues and being able to cash your first million-dollar check. You know you need a new strategy for that, because the only way to scale up with your current system would be to take on more headaches.

Maybe you are working as a real estate agent or contractor for other people who are investing in real estate. Why are you working for the tip, when you could be sitting down and eating the meal? Making a commission or a contractor fee is nice, but the real profits are made by the investor.

Maybe you own a successful business and have lots of capital you want to smartly put to work. You understand marketing, sales, and operations, but you havent figured out how to use those skills to get your cash working for you, earning double-digit returns.

Maybe youve never invested before, but you know you cant keep doing what youre doing. You have wanted to get into real estate for a while, but you cant figure out how to get started. You know there is a better life out there for you, but you dont know how to obtain it.

No matter what your background or current situation, the first thing you need to do is retire the idea of retirement.

Let it go. Even though our society is built around it, the human spirit is not designed to retire. To retire is to die. Sometimes literally. Death rates in the early years of retirement are staggering. We are not meant to stop providing value to society, and retirement should not be your goal.

Your goal should be FREEDOM.

Imagine your life with complete freedom over time because your residual income exceeds your cost of living. You could travel the world with your family and return home with more money in your bank account than when you left. You could wake up Monday morning and decide whether you want to go to the lake, play with your kids, or work on your business.

Youd feel excited to get out of bed againto have a real challenge that forces you to stretch your abilities, without consuming every waking hour. You would only have to do one deal a year, and each year your residual income would snowball. You only need to do a few commercial deals to be set for life. In this book, I give you the exact recipe so you can buy back your time and focus on the things that truly matter to you.