Getting started in CRE (for HNWI)
Most of my assets is liquid with close to 0 RE.

I'd like to diversify into RE. Which is a  good way to start? SFH's or CREs?

If CRE's -- how do you recommend I find deals?
[{"id": "fib7amk", "text": "My $.02: SFHs are annoying. No scale at all. Move right to multi-family.\n\n1) Read up to learn how deals are valued/evaluated.\n\n2) Prowl Crexi and Loopnet, the closest things that exist in CRE to an MLS.\n\n3) Start walking properties to get a feel for the market. As you see/learn, you'll develop relationships with some of the brokers.\n\n4) Structure your purchases such that depreciation + interest deduction offsets 100% (or thereabouts) of the cashflow thrown off by the property. With interest rates and cap rates where they are now, that's roughly a 70% LTV, which is nice because it should also help keep your debt non-recourse.\n\nProfit.\n\nAfter you do your first deal, brokers will understand that you are real/credible and will begin to show you deals pre-market.", "replies": [], "depth": 1}]