Commercial real estate is the most profitable industry in the US, if not world. In fact, commercial real estate is responsible for creating the more real estate tycoons than any other industry has created- millionaires and even billionaires. The commercial real estate industry is slowly becoming available to the everyday person. There is no need for millions of dollars in the bank, perfect personal credit, a strong investing or financial background, or even an advanced education.

Those who are willing to learn and are motivated by success, a profitable lifestyle, and making a difference in the lives of people who live in the communities they work in, can be extremely successful in commercial real estate if they are motivated enough to get there.

There are professionals who can help you every step of the way and advisors who can lead you down the right path of investment. These few tips will accelerate your journey to success so you too can go from a commercial real estate novice to an extremely wealthy and profitable investor.

The first step in being a successful commercial real estate investor is to get to know your community. That’s right, your own back yard. You need to know the buildings, how much they are worth, and who owns them. It is time to become a detective and identify trends or patterns within your local market. There may be specific apartments that are being poorly managed and are about to go into foreclosure, or a new mall in the development plan about three years from now and purchasing the 100 acres around the future building site at the very inexpensive price of $15,000 per acre is going to be worth over $200,000 per acre once the mall goes under construction.

Attend your local planning and zoning meetings, investing meetings, and chamber of commerce. Make your presence slowly by watching and seeking out the noticeable successful investors and decision makers within your community. What do they do? What have they been responsible for? You will also begin to understand the value of properties in your community, where certain properties are beginning to decrease in value due to poor management and outdated amenities, as well as what opportunities you may take advantage of in the future.

The second tip is to read, read and read on everything commercial real estate. You need to understand the industry inside and out to truly be successful. Have a certain type of property you enjoy, such as apartments or office parks? Then focus in a certain area. How about a specific strategy such as purchasing foreclosure, bankruptcy or declining properties and adding extreme value to the bottom line? Or perhaps you are interested in simply holding properties and then selling when the market demands the ultimate price. The more you know, the more successful you can become.

The last and most effective tip I am going to give you today is to seek out a successful commercial real estate investor whom you can study, model after and even adopt as a mentor.

Who do you notice in your community that is always ahead of the commercial real estate game? Repeatedly purchasing properties and creating value within the community. Ask these people for advice- but always come prepared. Schedule a meeting or a nice dinner or lunch meeting. Always thank them for their time and send a thank-you gift explaining how the information helped you and that you look forward to their next meeting. Offer to help in any way you possibly can- simply for the education.

I think you would be surprised how many people would be willing to teach you the ropes for a helping hand. Always listen and approach the situation as a learner- not an expert. Never step on their toes and take in the experience. Watch for details, specific strategies and eventually you too will be one of the big players in the industry.

If you recognize the benefits that the commercial real estate company provides, then do not let any obstacles of fear or inferiority stand in your way.

With a little observation, effort and a whole lot of motivation, you can be the next millionaire real estate tycoon. There are people and professionals willing to assist you in your efforts and have knowledge they are waiting to pass on to the right people. Be that person who drives others to want to teach you the business. This is not a difficult business but one that requires motivation and effort to learn the strategies for great success.

Are you going to be the one who reaches these commercial real estate goals? I definitely hope so.

Specializing in commercial and investment real estate, Tony Seruga, Yolanda Seruga and Yolanda Bishop are always searching for new and profitable commercial properties across the U.S. Visit http://www.maverickrei.com for more great information.