REtipster
REtipster
  • 1 024
  • 9 912 798
Office Space Goldmine: Inside Peter's Seller Financed Win
Join Our Community: welcome.retipster.com/newsletter/?W6GFb5dDO0
Join us as we dive into an incredible journey of transforming a vacant office building into a thriving workspace! Peter Nasani shares the fascinating story of how he and his dad took a bold step, scoring an amazing deal with seller financing and no conventional loan. Discover the challenges they faced, the innovative solutions they used, and the lessons learned along the way.
In this video, you'll learn:
- Why Peter decided to buy an office building
- The benefits of seller financing
- How they negotiated the deal
- The DIY renovations and cost-saving tips
- Plans for turning the space into a co-working hub
Watch as Peter and I tour the property, revealing before-and-after scenes and sharing valuable insights for anyone interested in real estate investments or office space renovations.
0:00 Introduction
1:12 Why Buy an Office Building?
4:25 Finding the Perfect Deal
7:45 Seller Financing Explained
10:30 Renovation Challenges and Wins
15:00 Future Plans for the Office Space
18:30 Cost-Saving Tips and Tricks
22:00 Final Thoughts and Advice
#realestate #realestateinvesting #officebuildings #officebuilding #ownerfinancing #sellerfinancing #officespace #commercialpropertyinvesting #commercialrealestateinvesting #commercialrealestate
Переглядів: 466

Відео

The State of Copywriting for Real Estate and Business w/ Paul do Campo | REtipster 186
Переглядів 1874 години тому
Show Notes: retipster.com/186-paul-decampo/?Ls23uuk 10X Your Income from Land Investing: welcome.retipster.com/webinar-invite/?Ls23uuk Join Our Community: welcome.retipster.com/newsletter/?Ls23uuk Paul do Campo is a professional copywriter and real estate investor. He helps real estate investors with their follow-up marketing. Today, we’re talking about how to use the right words in our communi...
Doola Review: The Game-Changing Financial Management Service for Business Owners
Переглядів 1489 годин тому
Doola: go.retipster.com/doola/yt-EQz6LRScWH8 (REtipster Affiliate Link) 10X Your Income from Land Investing: welcome.retipster.com/webinar-invite/?EQz6LRScWH8 Join Our Community: welcome.retipster.com/newsletter/?EQz6LRScWH8 Imagine having a hassle-free solution for your business's bookkeeping and tax preparation needs. Introducing Doula, the virtual financial management service that's simplify...
The #1 Reason Land Investors Fail | REtipster Podcast
Переглядів 50921 годину тому
Full Blog Post: retipster.com/land-investors-fail/?GU 10X Your Income from Land Investing: welcome.retipster.com/webinar-invite/?GU Join Our Community: welcome.retipster.com/newsletter/?GU In this video, I dive into the ins and outs of the land investing business, breaking down the common misconceptions and challenges that new land investors often face. While land investing can be really profit...
How Teamwork Makes the Land Investing Dream Work w/ Mary and Ann Danielson | REtipster 185
Переглядів 66414 днів тому
Show Notes: retipster.com/185-mary-ann-danielson/?XTw5ftzxEqM 10X Your Income from Land Investing: welcome.retipster.com/webinar-invite/?XTw5ftzxEqM Join Our Community: welcome.retipster.com/newsletter/?XTw5ftzxEqM Today, we’re interviewing Mary and Ann Danielson, two sisters who have built a thriving land investing business, while both of them have been living and working from opposite sides o...
Land Offer Pricing: How Much Should You Pay?
Переглядів 81921 день тому
Blog Post: retipster.com/offerprice/?SQQFoZXazI Land Investing Masterclass: welcome.retipster.com/land-investing-masterclass/?SQQFoZXazI Land Elite Masterclass: welcome.retipster.com/land-elite-masterclass/?SQQFoZXazI 10X Your Income from Land Investing: welcome.retipster.com/webinar-invite/?SQQFoZXazI Join Our Community: welcome.retipster.com/newsletter/?SQQFoZXazI One of the most important qu...
JT Olmstead Testimonial | Land Investing Masterclass from REtipster
Переглядів 15321 день тому
Land Investing Masterclass: welcome.retipster.com/land-investing-masterclass/?IA0TFkNY8 YourLandLoans: retipster.com/160-jt-olmstead/?IA0TFkNY8 10X Your Income from Land Investing: welcome.retipster.com/webinar-invite/?IA0TFkNY8 Join Our Community: welcome.retipster.com/newsletter/?IA0TFkNY8
Jessey Kwong Testimonial | Land Investing Masterclass from REtipster
Переглядів 13621 день тому
Jessey Kwong Testimonial | Land Investing Masterclass from REtipster
From $5K to $500K: Cracking the Code on Bigger Land Deals (Full Strategy for Land Investors)
Переглядів 2,5 тис.21 день тому
From $5K to $500K: Cracking the Code on Bigger Land Deals (Full Strategy for Land Investors)
Networking, Masterminds, and Unforgettable Moments from the Land UnConference 2024
Переглядів 22028 днів тому
Networking, Masterminds, and Unforgettable Moments from the Land UnConference 2024
Passive Income on Autopilot: Triple Net Leases w/ Dan Lewkowicz | REtipster 184
Переглядів 62928 днів тому
Passive Income on Autopilot: Triple Net Leases w/ Dan Lewkowicz | REtipster 184
Deal Machine: The Ultimate Skip Tracer for Land Investors
Переглядів 694Місяць тому
Deal Machine: The Ultimate Skip Tracer for Land Investors
MAJOR UPDATE: REtipster Forum Goes Public!
Переглядів 161Місяць тому
MAJOR UPDATE: REtipster Forum Goes Public!
Strategic Subdividing: Chuck Dreison Talks Land Funding, Experience, and Philosophy | REtipster 183
Переглядів 779Місяць тому
Strategic Subdividing: Chuck Dreison Talks Land Funding, Experience, and Philosophy | REtipster 183
Double Close Using End Buyer's Funds - Templates
Переглядів 334Місяць тому
Double Close Using End Buyer's Funds - Templates
Seller Financing Masterclass Review from REtipster
Переглядів 377Місяць тому
Seller Financing Masterclass Review from REtipster
Baselane Review: Top Money Manager for RE Investors?
Переглядів 1,3 тис.Місяць тому
Baselane Review: Top Money Manager for RE Investors?
Fundrise Review: Still Worth It in 2024? My $1,000 Investment After 7 Years
Переглядів 4,2 тис.Місяць тому
Fundrise Review: Still Worth It in 2024? My $1,000 Investment After 7 Years
Pat Porter Shares a Lifetime of Lessons Cultivated in Farmland | REtipster 182
Переглядів 847Місяць тому
Pat Porter Shares a Lifetime of Lessons Cultivated in Farmland | REtipster 182
Introducing the Seller Financing Masterclass
Переглядів 2642 місяці тому
Introducing the Seller Financing Masterclass
Direct Mail SHOWDOWN! Which Company is the Ultimate Champion?
Переглядів 2 тис.2 місяці тому
Direct Mail SHOWDOWN! Which Company is the Ultimate Champion?
Get the Lowest Pricing on Direct Mail ANYWHERE w/ ITI Direct Mail ✉️
Переглядів 4362 місяці тому
Get the Lowest Pricing on Direct Mail ANYWHERE w/ ITI Direct Mail ✉️
How to Create QR Codes for Anything (It's Free)!
Переглядів 3072 місяці тому
How to Create QR Codes for Anything (It's Free)!
How Direct Mail Comes to Life: REIPrintMail Factory Tour
Переглядів 1,9 тис.2 місяці тому
How Direct Mail Comes to Life: REIPrintMail Factory Tour
Subdivide and Thrive: How Neil Clements Plots Success Subdividing Land | REtipster Podcast 180
Переглядів 1,7 тис.2 місяці тому
Subdivide and Thrive: How Neil Clements Plots Success Subdividing Land | REtipster Podcast 180
Unconventional Ways to Turn Gold Into a Cash Flow Machine w/ Monetary Metals | REtipster Podcast 179
Переглядів 6583 місяці тому
Unconventional Ways to Turn Gold Into a Cash Flow Machine w/ Monetary Metals | REtipster Podcast 179
PiN for the Win! Tailored Data for Real Estate Investors | REtipster Review
Переглядів 2,1 тис.3 місяці тому
PiN for the Win! Tailored Data for Real Estate Investors | REtipster Review
How to Get Your EIN from the IRS: A Simple, Step-by-Step Guide
Переглядів 2393 місяці тому
How to Get Your EIN from the IRS: A Simple, Step-by-Step Guide
Relay Quick Start: Don't Sign Up Until You Watch This!
Переглядів 2,8 тис.3 місяці тому
Relay Quick Start: Don't Sign Up Until You Watch This!
Why Everyone Is Switching to Relay: Uncover the Hidden Benefits!
Переглядів 1,4 тис.3 місяці тому
Why Everyone Is Switching to Relay: Uncover the Hidden Benefits!

КОМЕНТАРІ

  • @MikeRichards-fr8im
    @MikeRichards-fr8im 2 години тому

    This is not legal in MA. You must have transactional funding and cannot use the B-C funding for the A-B transaction.

  • @JoeCroninSHOW
    @JoeCroninSHOW 8 годин тому

    How can I make it so I KNOW its a forwarded message to my phone... Like when I used to have grasshopper it would say grasshopper fwd. Now i have no idea I answer the phone thinking its for my personal

  • @user-vw6sc1oj6k
    @user-vw6sc1oj6k 9 годин тому

    Its a white-label Thread Bank. Just like Bluevine, and some others.

  • @a_cloud_behind_a_cloud
    @a_cloud_behind_a_cloud 18 годин тому

    After 4 years in Fundrise, I have seen a 5% decline on my $10000 investment. Overall, it's rather meh. I like the idea, but it's just too slow and too little. I attribute the 5% decline obviously to 2023/2024 in which the market sucked, but even before then, the gains were not really seeing they'd be worth it. I'll just take out later and invest in something a bit more steady, even if just as slow.

  • @BUY_YT_Views_355
    @BUY_YT_Views_355 19 годин тому

    Lets hit that like button!

  • @tyronegreen2412
    @tyronegreen2412 День тому

    Also please take into account the expenses of the custodian anything to do with the parking lot trimming the bushes washing the windows there's a lot of expense with the building that size as well as insurance if you want 500 charge about 650 just my opinion was a little experience behind me

  • @tyronegreen2412
    @tyronegreen2412 День тому

    Please put the rent at least 6:50 to compensate for utilities new businesses often end up short on rent sometimes so if you want 500 charge about $650 to compensate for utilities and also shortages or non-payment of rent it gives you some wiggle room for a nice tenant who's having a slow start or a dip down in business

    • @Retipster
      @Retipster 18 годин тому

      Great input, thanks for sharing your thoughts, Tyrone!

    • @thelandinvestor
      @thelandinvestor 5 годин тому

      Hi Tyrone! It’s Peter, thank you for being willing to share & taking your time to do so. I think you’re absolutely right. We need to charge a bit more to cover the hidden costs that we aren’t accounting for. 🙌🔥

  • @chrism4351
    @chrism4351 День тому

    Geez no frost protection in Michigan? I'd have a tough time moving forward without it. I can see omitting frost walls, but would still put rigid foam down 24" out to prevent frost heaving. Hopefully you have a good dry subbase and proper drainage.

  • @EnligUlv
    @EnligUlv День тому

    This seems like a good basic overview to begin with 🤙🏼

  • @thebestSteven
    @thebestSteven День тому

    Good encouraging video. I first discovered the idea of land flipping almost 2 years ago, and starting in January I joined one of the communities like yours. Things are tight right now and I'm not yet confident in all the more creative financing methods, so I've only sent a few letters on properties I absolutely know I can sell for a profit, but no responses yet. As I gain knowledge and confidence I've started flipping older video game stuff to make a little extra cash. I disassemble, clean, repair, and sometimes mod them. In the end the dollars per hour is a lot less, but I'm getting skilled at following the market, making deals, making sales. I hope to switch back to land next year.

    • @Retipster
      @Retipster День тому

      Thanks for sharing your thoughts and experience, Steven! What do you think would increase your confidence? Would more access to capital help? Or just a firmer knowledge of how to evaluate each market you're going after? I'm curious what you think the holdup is.

    • @thebestSteven
      @thebestSteven День тому

      ​@@Retipster I'll try to keep it short as I can. I'm 34 and my finances fell apart when the government shut down the economy in 2020. Things are very tight, and will be if all I do is rely on an 8-5 job. If that had never happened, I'd be nervous doing something new, but I'd be fine taking a risk. I'd find it an exciting risk to take. Now I've been burnt so many ways I'm terrified of getting further behind and having to say welome to walmart at 75 because of it. My mom has money and would be totally fine to finance 20k or so if I find a good deal, but if something were to go wrong then she would assume that either the concept doesn't work or I can't execute it so she wouldn't take that risk again. I'm pretty confident evaluating the market I'm looking at, which is raw land in my state. All that being said, I've only mailed on a couple plots that I KNOW the value of and the speed I can flip them, but it's just too much time investment for no return at the moment like you talked about here. That's why I started flipping old video game stuff. The market is easy to track, I have the skill to repair and mod, and the risk is low. Hopefully I get in a spot I'm not treading water trying to afford living and can focus on land exclusively. One last thing. I have considered that if I found someone who had shown success in flipping then I would be down to borrow from my mom and use it to finance them to make more and bigger purchases than they can with their own capital, but that hasn't happened yet.

  • @ibecrazyfr
    @ibecrazyfr День тому

    how to prove flat earthers wrong

  • @leetos.4915
    @leetos.4915 День тому

    Can this be considered digital real estate? I’m sold to this idea knowing I don’t need to travel out there and look for property investments

    • @Retipster
      @Retipster День тому

      Perhaps. It depends how you define 'digital.' Arguably, I would call it _actual_ real estate, but fractionally owned through a REIT fund.

  • @chrism4351
    @chrism4351 День тому

    Why not just adjust the tracks up 1/4"? Shim the bottom of the tracks.

    • @Retipster
      @Retipster День тому

      Not a bad idea. I'll tell my door installer about that!

  • @Taylor-or1kj
    @Taylor-or1kj 3 дні тому

    I just wanted to note that I am a former RE paralegal & I really wish some attys would take the time to explain a title exam to their clients; I’d say around 89% of buyers don’t even care to know what a title search is, or what it entails etc; most times they don’t understand how important it is and I don’t think it’s fair that these clients are charged a legal fee and are expected to just “do their homework” 😕 Note to self: When you are considering using a Real Estate Attorney, make sure they are able to comprehensively explain the importance of title in depth. Make sure those attorney fees are worth your while! 💵💰

    • @Retipster
      @Retipster 3 дні тому

      I'm with you! If you ever need a good reference guide on all of this title search stuff, you might want to bookmark this blog post and share it with anyone who needs to learn more: retipster.com/how-to-do-your-own-title-search/

  • @Taylor-or1kj
    @Taylor-or1kj 3 дні тому

    By far the best explained video I have come across! Excellent work!!!!

    • @Retipster
      @Retipster 3 дні тому

      Thanks for the kind words! I appreciate that!

  • @user-ls2eg7mf8t
    @user-ls2eg7mf8t 6 днів тому

    land bring money when u rent it out

  • @mapache_del_sur
    @mapache_del_sur 6 днів тому

    That sounds like such a pain to deal with. Sorry that happened to you with that easement

    • @Retipster
      @Retipster 6 днів тому

      Yeah, it was definitely a pain, but we got through it. Thanks for the sympathy!

  • @studiohost
    @studiohost 7 днів тому

    He designs tin cans for people. Totally pathetic.

  • @clbdyc
    @clbdyc 7 днів тому

    I just signed up for $50 every other week in the conservative plan. Close to retirement so looking for supplemental income

    • @Retipster
      @Retipster 7 днів тому

      I hope it goes well for you! Best of luck.

  • @user-pm3xb9xz9n
    @user-pm3xb9xz9n 7 днів тому

    Great content !

    • @Retipster
      @Retipster 7 днів тому

      Thanks for watching!

  • @-bu6kzL
    @-bu6kzL 8 днів тому

    What he's saying about the covid mentality here in Texas is an understatement lol. It's a total lesser man mentality with land owners thinking they can hold out for some chump that will pay even close to what they're asking. It's enraging to navigate these bozos because they effect all other properties to some extent.

  • @54lash
    @54lash 8 днів тому

    Then wait 70 years for growth

  • @moneygrowz
    @moneygrowz 8 днів тому

    Great video! Thanks

  • @AlaskaWild
    @AlaskaWild 9 днів тому

    Yeah.... no thanks. $300 annually for this??? I will just keep using ONX Maps. Far superior in every way and FAR cheaper

  • @user-fn6on3zp5s
    @user-fn6on3zp5s 9 днів тому

    Never give up 😇 great pod as always Seth

  • @Jakeztube23
    @Jakeztube23 9 днів тому

    Kansas City is a city where no matter where you are in the city, you are only 45mins away from rural property.

  • @marqueswilsonn
    @marqueswilsonn 10 днів тому

    Democrats metastasizing

  • @yoKevology
    @yoKevology 10 днів тому

    Should you use your personal name or business name on the debit card?

    • @Retipster
      @Retipster 10 днів тому

      I use both for mine.

  • @satinderk13
    @satinderk13 10 днів тому

    This form does not include important legal wording of "Joint Tenants with Right of Survivorship" for adding Spouse.

    • @Retipster
      @Retipster 10 днів тому

      That wording varies by state (some states don't even recognize JTWROS). If it's not spelled out clearly, this usually defaults to a statutory standard (not an attorney, not legal advice).

  • @BV_Kingofstuff
    @BV_Kingofstuff 10 днів тому

    man... you know you can do this with google maps too... for free.

  • @AJFox-cb6be
    @AJFox-cb6be 10 днів тому

    Jesse Marchand and Maggie Smalls are scammers with their land contracts and recently shut down one of their websites.

  • @crazyburkey3677
    @crazyburkey3677 10 днів тому

    There's a lot of money in dirt, You've gotta sift through a bit of it to find gold and diamonds, and the compost makes things grow😊

  • @crazyburkey3677
    @crazyburkey3677 10 днів тому

    I'm wanting to get into tax defaulted property, this should help out a lot😊

  • @qxacexp1925
    @qxacexp1925 10 днів тому

    Theres a difference SOMEHOW

  • @zerofactor7871
    @zerofactor7871 11 днів тому

    It's a fine line. It's extremely easy to go from being ethical (helping someone get emergency cash out of an asset they don't want anymore), to completely unethical (gaslighting someone about the value of their property to secure a purchase price that gives you more than is fair for you to make). In my experience, it's exceedingly rare to come across people who currently own property assets who are also in a genuine financial emergency where they have to sell for pennies on the dollar and lose money. In discussions with other wholesalers about their low offers, I'm frequently disgusted by some of the tactics they use to push owners into agreeing to prices that are almost insulting considering the current comped market value. The guys I know who do it like me, and only deal with projects where there's going to be value adds in the deal before it gets assigned, tend to develop good working relationships with some owners who have larger portfolios and end up making 10x more in the same timeframe. You can scrape the bottom of the barrel for the little $2k-$5k assignments off of cheap lots you tear away from average struggling people, or you can put in more effort and go after the deals where everyone makes money. The current RE wholesaling trends aren't great, I can see the federal government making it illegal in the next decade or so if the whole "I'll offer you 30% of FMV" doesn't stop.

  • @RealityTrailers
    @RealityTrailers 12 днів тому

    What's up with all the complaints from the BBB website?

    • @leetos.4915
      @leetos.4915 День тому

      same here. Some reply from FR Seemed honest & legit though 😅

  • @haithamzihili3758
    @haithamzihili3758 12 днів тому

    Do i have to be living in the same state? Also do i have to have a licence or something to bid ?

  • @Royalnessa
    @Royalnessa 12 днів тому

    I am in the beginning stages of my wholesale business and this video was so helpful. You provided valuable information in great detail that most skip over. Thank you!

    • @Retipster
      @Retipster 11 днів тому

      Glad to hear it helped! Thanks for watching!

  • @leovargas760
    @leovargas760 13 днів тому

    So question what type of degree do you need to become a real estate broker and if you have a broker college degree don you still need to have your realtor license and hold it for 2 years ???

    • @Retipster
      @Retipster 13 днів тому

      I'm not aware of any college degree requirements.

  • @harshavardhan5510
    @harshavardhan5510 14 днів тому

    Thanks for helping

  • @thepenetratingstarcompany2025
    @thepenetratingstarcompany2025 14 днів тому

    There is one issue with mercury which you can't link you international credit card to the Bank.

  • @damiondick7584
    @damiondick7584 14 днів тому

    difference between a guy and a company i guess

  • @ajaysharma2132
    @ajaysharma2132 16 днів тому

    JT is the man!

  • @efficacyled4401
    @efficacyled4401 16 днів тому

    I know silica can strengthen cannabis stems. 😎

  • @alexanderjohnmina9660
    @alexanderjohnmina9660 16 днів тому

    Super helpful. Thank you!

    • @Retipster
      @Retipster 16 днів тому

      Glad to hear that! Thanks for watching.

  • @virgil4040
    @virgil4040 17 днів тому

    Thank you for always providing value🙏🏽👈🏽💯

    • @Retipster
      @Retipster 17 днів тому

      Thanks for watching!

  • @verawilliams9135
    @verawilliams9135 17 днів тому

    Thank you so much you were a life saver!!!

  • @atomicpimp344
    @atomicpimp344 17 днів тому

    Great info and comeback story! Thanks I'm encouraged.

    • @Retipster
      @Retipster 17 днів тому

      Totally agree! Thanks for listening!

  • @montymonty224
    @montymonty224 17 днів тому

    This strategy works one cycle, then has a massive loss.Sounds like not a lot of thought goes into it other than trying to squeeze existing tenants. This means whomever bought the facility from them has a huge opportunity to gain them back at the old price or even cheaper if they had a previously decent relationship.

  • @tcmcanoer
    @tcmcanoer 18 днів тому

    Loved the subtle airplane noise in the background at 38:04 😅