Ep. 136: Getting Started in Commercial Real Estate with Dorian L. Carter

Commercial real estate presents great opportunities, but many find the space too complex to learn. Dorian L. Carter has been in commercial real estate for 14 years, focusing on retail, industrial, land development, and affordable housing. Dorian hosts the Real Estate Wealth Generator Podcast and wants to see more investors, especially minorities seek out commercial opportunities. Today, he talks about his vision and why he likes medical offices in rural areas and in-fill industrial opportunities in the current market.     Partner: Download a Free Sample Apartment Deal Package     Key Insights Located in Charlotte, NC and hosts Real Estate Wealth Generator Started in residential and then took a class on commercial properties Focused on retail starting out in underserved communities Minorities make up less than 2% of the commercial real estate industry To reduce risk: partner and pool our money Bullish on medical offices in rural areas and in-fill industrial IRR is one of the key metrics used for evaluating opportunities - usually higher IRR projections imply higher risk Wants to get more investors and minorities into the commercial sector Easy ways to get into commercial real estate: tap old employer retirement accounts, look into your neighborhood, pool your money with others     Bull’s Eye Tips: Failure to Success Market crash in 2008   Most Recommended Book: The Peeble's Path to Real Estate Wealth by R. Donahue Peebles   Most Recommended Digital/Mobile Resource: Trello   Daily Habit Prayer   Wish I Knew Starting Out A degree is not necessary for commercial real estate   Wish I Knew Last Year How much he impacts others with what he says and does   Real-World Advice Manage your money now and limit debt.   Advice to Ignore Don’t listen to people who haven’t achieved success   Current Curiosity How his efforts will impact future generations   Best Place to Grab a Bite Pinky’s     Connect with Dorian: Email: [email protected] FB / IG: @realestatewealthgenerator Website: https://www.doriancarter.com/     Leave us a review and rating on Apple Podcasts or Spotify. Be sure to check out more info at TargetMarketInsights.com.