How to Find Off-Market Commercial Property Deals
Description
In this episode of The Commercial Property Investor Podcast, we dive into one of the most rewarding aspects of commercial property investment: off-market deals. These are the hidden gems that haven't been publicly advertised, often leading to more lucrative opportunities with less competition. But how do you find them? Today, I explore various strategies for sourcing these deals, reaching out to potential vendors, and navigating the risks involved. Whether you're an experienced investor or just starting out, this episode will provide some actionable insights into securing those off-market properties that can set you apart from the competition.
Key Topics Covered:
- What off-market deals are and why they can be so valuable.
- Why property owners sell off-market (privacy, urgency, avoiding fees).
- Proven strategies for finding off-market deals, including:
- Networking with industry professionals.
- Running direct mail campaigns.
- Utilizing local knowledge and scouting vacant properties.
- Approaching properties pre- and post-auction.
- Using online research and property databases.
- Leveraging social media platforms like LinkedIn and Facebook groups.
- Tips on how to approach and communicate with property owners.
- Potential challenges and risks of off-market deals, including valuation difficulties and hidden issues.
Why Listen?
If you’re tired of browsing property platforms and struggling to find deals, this episode will teach you how to broaden your approach and tap into the off-market space. These strategies have worked for me and countless others, and they can work for you too. Whether you're seeking privacy-focused owners, distressed properties, or simply looking to avoid fierce competition, off-market commercial property deals provide a unique pathway to success in commercial property investment.
Key Quotes:
- "Off-market deals aren’t always easier, but they often give you a step up on the competition."
- "Networking is your number one ally. Most of my deals have come from the relationships I’ve built over the years."
- "Persistence is key. Off-market deals often take time to develop, but the rewards can be well worth the wait."
Action Step:
If you’re ready to dig deeper into the world of commercial property investing and find off-market deals, why not join our Get in the Swim program? It's an exclusive membership network for commercial property investors, offering deal analysis, educational sessions, and a chance to see some off-market opportunities firsthand. Details below!
If you enjoyed today’s episode, don’t forget to subscribe, leave a review on iTunes or Spotify, and share it with other property enthusiasts. Got an off-market deal success story? Reach out—we’d love to hear from you!
Useful Links:
CPI Website - https://commercialpropertyinvestor.co.uk/
Our Sponsors - https://commercialpropertyinvestor.co.uk/podcast-sponsors/
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