#428 FBF: Ray Alcorn shares the lessons he has learned from his 35+ years as a CRE investor with more than $250 million in transactions under his belt.
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Today's Flash Back Friday Episode is from Episode #92, which originally aired on November 2, 2015. Our guest for this week’s show is commercial real estate investor and developer, Ray Alcorn. I have studied Ray’s teachings for many years and was very excited when we finally landed him as a guest on our show. Since 1980, Ray has been active in the acquisition, sale, development, financing, and equity placement of income producing properties valued at over $250,000,000. His experience covers a wide range of real estate, including retail, office, multi-family, manufactured housing, hotel and restaurant properties.
In this show with Ray you’re going to learn:
- How Ray got his start in the Real Estate business by doing various low paying jobs for his father who then owned a large mobile home retailer.
- Why he decided to leave the comfort of his family business at a young age to venture out and do his own development deals.
- The reasons why he feels that the 12 years spent on the board of his local planning commission were the years where he obtained his best real estate education.
- Why Ray says that you should never waiver from your investment criteria…no matter what.
- Why he feels that we’re on the verge of another market correction and how he plans on dealing with it.
- Ray shares with us his proven process of repositioning value-add office properties.
- What advice he would give himself if he could go back and have a conversation with himself when he was just getting started.
- Why he encourages new investors to get their feet wet by working for a professional property management company.
- And much more
- Check out our company and our investment opportunity by visiting www.SunriseCapitalInvestors.com
- Self Directed IRA Investment Opportunity – Click Here To Learn More About How You Can Invest With Us Through Your SDIRA
- Accredited Investors Click Here to learn more about partnering with me and my team on Mobile Home Park deals!
- Grab a free copy of my latest book “The 21 Biggest Mistakes Investors Make When Purchasing their First Mobile Home Park…and how to avoid them MobileHomeParkAcademy.com
- Schedule your free 30 minute "no obligation" call directly with Kevin by clicking this link https://www.timetrade.com/book/KV2D2