Did you know only 3% of Black households own commercial real estate? In this session we’ll cover the perceptions vs. reality of owning commercial property. While the general population has grown more comfortable with real estate investment, questions remain on how to leverage various types to build wealth. In this session commercial investor Mike Holmes will share how he developed a commercial portfolio, lessons learned along the way and the positive impact commercial property can have in the surrounding neighborhood.
Learning Objectives :
- How to evaluate the profitability of commercial property.
- Learn the benefits of owning commercial property versus residential property
- Understand the tangible and intangible impact commercial real estate means for a community
- How to leverage financing to control commercial property.