• The Due Diligence Handbook for Commercial Real Estate

  • A Proven System to Save Time, Money, Headaches and Create Value When Buying Commercial Real Estate
  • By: Brian Hennessey
  • Narrated by: Brian Hennessey
  • Length: 2 hrs and 9 mins
  • Unabridged
  • Release date: 07-01-15
  • Language: English
  • Publisher: Brian Hennessey
  • 4.5 (152 ratings)

Regular price: $6.95

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Publisher's Summary

There's a huge problem in the commercial real estate business that nobody is talking about: due diligence. Investors are leaving big money on the table by not learning this essential principle.

Most investors, real estate brokers, and commercial real estate professionals barely scratch the surface conducting their due diligence. Mainly because, "They don't know what they don't know".

It wasn't until I became an acquisition executive that I learned some humiliating and expensive lessons because, "I didn't know what I didn't know".

This book is an easy to follow, proven, step by step system.

Having and adhering to a proven system allows you to conduct due diligence faster, easier, more efficiently, and you'll be less likely to miss something.

Here are some of the lessons you'll learn:

  • Uncovering hidden problems and issues (Sellers will not hand you a list of problems with the property. Many of these problems could make or break your investment.)
  • Critical factors to consider during your financial analysis. Included is a list of essential questions that must be addressed. (Leaving these questions unanswered can potentially devastate an investment.)
  • Not overpaying by ensuring you're getting all you deserve by being fairly credited for items on the closing statement. (This includes specific items to review and instructions to minimize your chances of being taken advantage of. You potentially lose big money by not having this information.)

These fundamentals remain the same and they are all applicable, whether it is a residential rental property, industrial, retail, or office building.

There are too many things to remember. We need to be reminded as much as we need to learn. Warren Buffet said, "Risk comes from not knowing what you're doing." Listen to this book now. It will be one of the best investments in real estate you'll ever make.

©2015 Brian Hennessey (P)2015 Brian Hennessey

What members say

Average Customer Ratings

Overall

  • 4.5 out of 5.0
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Performance

  • 4.3 out of 5.0
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Story

  • 4.3 out of 5.0
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  • Overall
  • Performance
  • Story

Due dil list and exhibits ?

Not providing a website and code for audio buyers for exhibits needs to be clearly stated. Asking us to buy physical copy after buying audio copy to get the takeaways is not what I would expect or receive from other audio authors. Great content btw.

5 of 5 people found this review helpful

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Essential!

This audiobook was so good that I bought the hard copy as well just to keep a quick reference. The author covers many details that I know to be true, but are easy to neglect because you simply don't know what you don't know. So many items in this book will help prepare any buyer for that inevitable situation when the building or fire inspectors come knocking on your door about one deficiency or another, or asking for permits which uncover the problem during a professional site review.

Outside of the checklists common to most commercial real estate, the author goes on to itemize issues related specifically to multi-family, industrial, and retail property.

The book is also very concise, only gold, no fluff. I cannot recommend it enough.

8 of 9 people found this review helpful

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Thorough Due Diligence

This isn't entertainment reading and you wouldn't want the narrator to read fiction. But you may put hundreds of thousands of dollars in your pocket. His thorough checklists and detailed explanations of all the items that could cost you money are invaluable. Your broker is not your friend. You need to know the status of the property you may purchase.

4 of 5 people found this review helpful

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Buyer Beware

This book and its content are too important to be ignored. I am in the middle of buying a commercial building and negotiating leases. I am also a property manager to Federal client. Besides I am physician, needless to say analytical. If I can understand this book despite doing my day job, any body can.

1 of 1 people found this review helpful

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good info , need hard copy book

great info but I think the process would be easier to follow in practice with the hard copy of the book. it's meant to be a check list and manual.

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Excellent and to the point

I listened to this for an MBA program. After reading many droning and redundant books that could have been 75% shorter, this is a breath of fresh air. He gets right to the point and wastes none of your time. I really appreciate that.

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Excellent!.. Excellent! Excellent!

I was disappointed to find that the end told you to go buy a different version of the book just to get the documents referenced in the book. This is the first time out of the ~200 audiobooks I have purchased that I have seen this. Let's hope they fix this for us or someone can take it on themselves to make us one. The way this book tells you how to save yourself is amazing. Over and over again the information here is tied to $$$ and how to avoid wasting it. Excellent for a new investor. Excellent!

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Good tips

Good tips on owning large commercial properties. A little dry to read however the process is a step by step with other references.

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Very Useful Information

This is a great manual. Very thorough. It helped to clear up some confusion for me about terms and concepts introduced in othe Real Estate investing books.

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great checklist

great resource For the First Time commercial real estate investor as well as the tenured real estate investor!