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Real Estate Rockstars Podcast

884: Why NOW Is the Time to Buy Commercial Real Estate with Alan Schnur

Real Estate Rockstars Podcast

Aaron Amuchastegui

Investing, Careers, Business

4.6864 Ratings

🗓️ 24 February 2020

⏱️ 43 minutes

🧾️ Download transcript

Summary

For the last 20 years, Alan Schnur has been investing in real estate. What started with a single rental eventually grew to over 400 homes and 2,000+ apartment units. Then, one day, Alan decided to sell everything off and go all in on commercial real estate. On today’s podcast, Alan explains why now is the time to buy commercial real estate and outlines steps listeners can take to get started in the commercial sphere. Alan also shares the strategy he used to buy one house per month, the key to overcoming fear as a new investor, and the mindset needed to succeed in real estate. Get Instant Access to Hundreds of Free Real Estate Tools Visit hibandigital.com/toolbox Claim Real Estate Discounts, Free Trials, and More Visit hibandigital.com/resources Sponsors Rebus University - Get Over $10,000 in Real Estate Training for as Little as $97 Visit futureofrealestatetraining.com PadHawk - Find Your Market's Best Leads for FREE with a 7-Day Trial Visit padhawk.com Roddy's FLS - Discover Unbeatable Real Estate Deals with a FREE Foreclosure List Visit 4closure.info

Transcript

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0:00.0

If you could do it once, you could do it 10 times and if you could do it 10 times you could do it 1,000 times and that's why how I kind of scaled up.

0:12.0

I was only like considering the $100 a house, 400 houses most agents who don't have access to the secrets that most successful agents hoard to themselves grow and prosper in today's competitive real estate

0:38.3

environment?

0:39.3

That's the question.

0:41.1

And this podcast will give you the answers.

0:44.0

I'm Pat Heiden and welcome to real estate rock star nation. It is Matt O'Neill today's host. And today we have got an incredible guest that has the potential to change

1:05.8

your life. Alan Schnur is with us. Alan was working a corporate job buying a house a month and grew it to 400 houses and started to buy apartment complexes,

1:16.2

grew to 2,000 apartment units, and decided to sell it all and start investing in shopping

1:22.2

centers. But there is one day that changed his life.

1:26.5

Alan was one day away from being in the World Trade Center on 9-11 and that moment caused him to change everything.

1:33.7

Let's welcome Alan to the show Alan thanks for being here.

1:36.7

Matt thanks for having me and looking forward to this and speaking and

1:41.2

listening with all

1:45.0

and speaking with all your listeners. Yeah man me too Alan take us back what what happened with

1:48.8

hours so listen we all have those moments in life that things are going to change. It hurts so much and you just can't take it anymore.

1:57.0

And there was this time in my life where I was working on the 101st floor of the World Trade Center in the North Tower for a company called

2:03.7

Kenneth Fitzgerald as a broker and we were all scheduled on September 10th to leave.

2:10.3

40 of us were scheduled to leave on a business trip to launch a new product to only find

2:16.2

out that the software wasn't ready on time. So what can I say? 39 out of 40 people

2:21.6

cancel their trips and I was the only one on the group that decided I was going to go out to the West Coast,

2:28.0

spend some time with my traders who were my clients, and make the best of a tough situation.

2:35.0

And then of course the following day changed everyone's life.

...

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