Most books I've found on commercial real estate seem to cover how to buy and sell commercial real estate. Is there any good recources/books that give helpful information on how to efficiently manage your own CRE?
I think books that cover things like negotiation, what to look for, how to buy, and how to sell are helpful. But in my situation what I really need is good recource on how to manage a commercial real estate property as a long term owner, how to spend my recources, who to hire, who to fire, what to prioritize, how not to get fucked over, what to look out for, etc.
[{"id": "hinghra", "text": "What type of commercial real estate?", "replies": [], "depth": 1}, {"id": "hininj0", "text": " Look at  CCIM site for suggestions.", "replies": [], "depth": 1}, {"id": "hink6u8", "text": "Sorry to change the subject, but can you recommend me your favourite books on buying/selling CRE?", "replies": [{"id": "hinq4kq", "text": "One for industrial, intro level Investing In Industrial Real Estate: A Practical Guide https://www.amazon.com/dp/1954506260/ref=cm_sw_r_cp_api_glt_fabc_D4D94MDE3Z3EDESQ312S", "replies": [], "depth": 2}], "depth": 1}, {"id": "hino3v2", "text": "I would be interested in all this too, we\u2019ve been looking to purchase and develop a light industrial /warehouse type business park with the intentions of initially using it for our own business. I own a manufacturing company and have been paying for rent for a long time, we currently have maxed out our space and our lease ends next year.\n\nFWIW we are outside of the Seattle/Tacoma area and with the port so close these sort of properties are very hard to purchase if you can even find any worth developing", "replies": [{"id": "hio74jf", "text": "Best place to find dirt would be Olympia / Centralia or....Arlington and North of same.  Everything in between has gotten far too pricey unless you can swing a 1 or 2 million sf project.\n\nYou can also find some reasonably priced stuff East of Sultan and Goldbar if you don't mind the commute.", "replies": [{"id": "hio9462", "text": "Yea we are starting to focus on south of Tacoma along I-5. Just never done it so everything is new, can\u2019t seem to find any commercial reactors that know anything besides wanting to lease you space", "replies": [{"id": "hio9lp7", "text": "Reactors are in Elma, WA 98541.  Shuttered in the 90's I think.\n\n(Actually, the land has been turned in to industrial property...probably could get it cheap...you may glow a bit after working there).\n\n[https://www.historylink.org/file/5482](https://www.historylink.org/file/5482)", "replies": [{"id": "hioms12", "text": "I think the person you're responding to meant *realtors*.", "replies": [{"id": "hip9zqr", "text": "I believe you may be right.", "replies": [], "depth": 6}], "depth": 5}], "depth": 4}, {"id": "hiqngmy", "text": "Industrial in that area you are looking is pretty hot. I typically work industrial further North (Seattle area) but if you\u2019d like to have a conversation about the best way to achieve your goal feel free to reach out. I can either help directly, point you in the right direction and /or give you some ideas on productive strategies.", "replies": [], "depth": 4}], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "hinq9m6", "text": "It sounds like almost more asset management?\n\nWho are you hiring? Mostly PM roles if you self manage, I\u2019d look at commercial property management books.", "replies": [], "depth": 1}, {"id": "hinw32t", "text": "As a dude that runs a PM Dept, there isn\u2019t a magic book. Check out the resources at BOMA or IREM or look for classes/books/tools for studying for the CPM designation. \n\nManaging a commercial property requires so many different facets from property accounting to knowing your mechanical system, to managing your vendors, contract/lease negotiations, etc.  Some of it is only really learned on the job.", "replies": [], "depth": 1}, {"id": "hip8uwq", "text": "Podcasts bro. Podcasts.", "replies": [], "depth": 1}, {"id": "hiqggv5", "text": "IREM- Institute of Real Estate Management is the industry leader in management and accreditation. They provide the education for a CPM designation and is more focused on the nuts and bolts of managing the various areas of commercial investment, versus the CCIM (Certified Commercial Investment Manager) designation which tends to be more focused on transactions.", "replies": [{"id": "hisb6mj", "text": "Really, IREM is the best out there.", "replies": [], "depth": 2}], "depth": 1}, {"id": "hiqtqdp", "text": "I read a really good book on commercial property the other day after listening to a Realestate podcast.\nGot it 50 percent off with code word FIFTY of you want to have a read.\nCommercial Property Investing Explained Simply.", "replies": [], "depth": 1}]