Recommended reading on commercial real estate?
Does anyone have any recommended reading for commercial real estate? I’ve been looking on amazon but I can’t seem to find anything that’s held to as high an esteem as BiggerPockets books are.
[{"id": "fjkfsfw", "text": "Biographies of CRE barrons like zeckendorf among others were helpful in building context though lacked granular data on specific transactions.", "replies": [], "depth": 1}, {"id": "fjkkxfy", "text": "The real estate game\n- great high level view\n\nLiars ball\n- follows a pretty exciting Manhattan skyscraper and some big deals\n\nOther people\u2019s money\n- follows Stuyvesant town, it\u2019s 5.6B sale and failure\n\nRaising the bar\n- Hines biography\n\nMaster builder\n-Trammel crow biography\n\nAm I being too subtle\n- Sam zell biography", "replies": [{"id": "fjkmi4u", "text": "\u201cThe Real Estate Game\u201d, is in my opinion the best read for anyone interested in real estate development. Poorvu informatively covers every aspect of a development. He offers valuable insight to negotiating the purchase, obtaining financing, and managing property. The book is not overly complicated and has something to offer to investors at every level of knowledge/experience.", "replies": [], "depth": 2}, {"id": "fjlnins", "text": "Just finished Am I Being Too Subtle. Awesome read.", "replies": [], "depth": 2}], "depth": 1}, {"id": "fjkm3pw", "text": "Crushing it in Apartments and Commercial Real Estate, by Brian Murray. More granular look at how to do deals. I found if highly valuable.", "replies": [{"id": "fjlgv44", "text": "The BiggerPockets books got me into REI to begin with, but this book was the thing that got me into commercial real estate specifically. I can't recommend it enough.", "replies": [], "depth": 2}], "depth": 1}, {"id": "fjkncit", "text": "Brokers Who Dominate by Rod Santomassimo teaches some solid strategy used by top performers in the industry.", "replies": [{"id": "fjkwcbz", "text": "This is good", "replies": [], "depth": 2}], "depth": 1}, {"id": "fjkonam", "text": "**I can\u2019t seem to find anything that\u2019s held to as high an esteem as BiggerPockets books are.**\n\nBiggerpockets is mostly an incestuous site where one scammer touts another scammer.  I would be wary of any site that will take your $40 a month and let you call yourself a \"pro\"!  They seemingly allow any claim or false information to be posted without challenge.  \n\nI would look to any books from the Appraisal Institute to learn about valuations which is really the first step in investing.  If you overpay you will probably never be profitable.", "replies": [{"id": "fjmnje6", "text": "BP is Bush league.", "replies": [], "depth": 2}, {"id": "fjmyk84", "text": "Also their books are shit. I listened to 2 (failed at finishing them). Absolutely, no information beyond what an amateur would think up on day 1 of the job. I cant remember the first one, but the 2nd was on getting deals. \n\nAgree with the real estate game. Probably the best thing is mentors which can be hard to get. I have a few through work and also my countries development institute. The reason being real estate is so local. Books can only be super high level. Also, development covers so many specialties you need multiple mentors, a planner, an engineer, a sales guy etc.", "replies": [], "depth": 2}], "depth": 1}, {"id": "fjkp8g5", "text": "Maybe connect with your local BOMA chapter as well", "replies": [{"id": "fjkpacc", "text": "BOMA?", "replies": [{"id": "fjkpvne", "text": "Building owners and managers Association \n\nIt\u2019s primarily commercial and a HUGE networking opportunity. I\u2019d definitely look into it!", "replies": [{"id": "fjkpxmn", "text": "Ooo sounds interesting, thanks :) I\u2019ll look into my local BOMA!", "replies": [], "depth": 4}], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "fjkx55x", "text": "Lifetime CashFlow Through Multifamily Properties by Rod Khleif. Good overview of apartment ownership and how to find cash flowing properties.\n\nEdit to add Glenn Gonzales\u2019 Maintenance Man to Millionaire", "replies": [], "depth": 1}, {"id": "fjkych0", "text": "**Websites &amp; Blogs**\n\n* [gritequitygrp.com](https://gritequitygrp.com)\n* [astudentoftherealestategame.com](https://astudentoftherealestategame.com/)\n* [https://www.getrefm.com](https://www.getrefm.com/)\n* [https://breakintocre.com/blog/](https://breakintocre.com/blog/)\n* [https://www.kahrrealestate.com](https://www.kahrrealestate.com/)\n* [https://www.wallstreetoasis.com/forum/real-estate-finance-investing-careers](https://www.wallstreetoasis.com/forum/real-estate-finance-investing-careers)\n* [https://origininvestments.com/blog](https://origininvestments.com/blog)\n\n**Books**\n\nReal Estate Finance and Investments by Peter Linneman\n\nMaking it in Real Estate by John McNellis\n\nAnything written by William Poorvu\n\nMastering Real Estate Investment by Frank Gallinelli", "replies": [{"id": "fjlf9ew", "text": "Making it Real Estate is a quick read and a very realistic take on the industry. I give it to my new hires and interns as a welcome aboard gift.", "replies": [], "depth": 2}], "depth": 1}, {"id": "fjl1wmh", "text": "\u201cGolden Gates\u201d", "replies": [], "depth": 1}, {"id": "fjmnrbb", "text": "https://www.amazon.com/Global-Property-Investment-Strategies-Structures/dp/1444335286/ref=mp_s_a_1_1?qid=1583476344&amp;refinements=p_27%3ADavid+Hartzell&amp;s=books&amp;sr=1-1\n\nGlobal Property Investment by Dave Hartzell", "replies": [], "depth": 1}, {"id": "fjmsv3l", "text": "Read and watch anything by Massimo Group. \n\nRead their recent book, Knowing is Not Doing.", "replies": [], "depth": 1}, {"id": "fjvojqg", "text": "Everything below is geared towards commercial multifamily.  Bigger pockets is geared more toward the fix and flip and BRRR crowd.  Take all that with a grain of salt.  The easier it is to get into, generally the lower the return because of competition.\n\nABC\u2019s of real estate investing and ABC\u2019s of property management by Ken McElroy.  Good basic books.  They teach the frame work and core competencies.  It\u2019s up to you to fill in the rest with research and taking the action steps suggested in the books.  I always recommend the PM book because operating a deal is just as important as closing it.\n\nDave Lidhal books are a good resource.\nDue diligence handbook by Brian Hennessy is short and good.\n\nI\u2019ve grown to like James Kandasamy\u2019s achieve wealth through value add investing podcast.\n\nLast one is Jake and Ginos wheelbarrow profits book.  I like their approach and humility.  There\u2019s a part in there where they realized lender fees are negotiable.  I kind of laughed because I\u2019ve always negotiated that to about 0.25%", "replies": [], "depth": 1}, {"id": "fk5etrc", "text": "If you want a fun light read, I enjoyed Trumps book: The Art of the Deal", "replies": [], "depth": 1}]