BiggerPockets Podcast 333: A Guide to Getting Started in Commercial Real Estate (+ Laundromats?!) With Ken Wimberly
Commercial real estate like you’ve never heard it before! On today’s episode, Brandon and David sit down with Ken Wimberly, the owner of a Keller Williams commercial brokerage and a commercial investor himself.Ken shares some incredible tips on how to get into owning commercial property, including how to find quality tenants, how to structure the lease, and how to protect yourself from a changing market. He also provides great advice on building relationships and identifying who NOT to partner with.
Ken goes on to talk about how he went from working in a pizza restaurant to cashing his first check for 50K as a broker—with absolutely no training program! He shares some incredible advice for opening a laundromat, making huge returns, and successfully investing in other people’s deals, too.
If you’ve ever been interested in how to do big deals without big headaches, this episode is for you!