Notice: After recent experiences, we have terminated our relationship with Karen Hanover. With regret, we can no longer in good conscience recommend or endorse training or coaching provided by Karen Hanover.
It is our belief that commercial real estate does represent an excellent investment opportunity, but those representing it as a “gold rush” misrepresent the potential and the risk involved.
When evaluating people who claim to be expert in commercial real estate, pay little attention to claims of net worth, number of students trained, or professional designations. Each of those things can be easily exaggerated or misrepresented. Instead, demand to see documentation for successful transactions completed, and demand a history of at least 5-10 years of consistent, frequent experience. If a person claims to have experienced nothing but success as a commercial real estate investor, that person is either misleading you, or is insufficiently experienced to give robust advice. It’s a very bad idea to accept financial advice from an individual who claims to be without any flaws in their experience.
In short – if it sounds too good to be true, it is.