EP 004 - Commercial Real Estate - with Commercial Broker Pat Starr

Pat Starr is a top producing Commercial Real Estate Broker in Bellingham Washington, with 14+ years of experience in commercial sales. Pat speaks English and Mandarin and his credentials include the CCIM designation.  The discussion includes how he got started, what makes commercial sales so much different than residential, how to  assess the value of a business and insights into where to invest today.

0:37  How Pat got into commercial sales.
2:40  The 2 revenue streams of a gas station. 
5:25  Defining commercial sales.
6:25  The job of a commercial broker verse a residential broker.
12:00  Commercial loans verse residential loans. 
13:00  Analyzing the value of a business.
15:20  Metrics used to evaluate a business opportunity.
19:53  What investments Pat prefers for 2022.

You can reach Pat at patrickstarr@johnlscott.com or 360-961-2671.

Chapters

• 0:33 How Pat got into Commercial Real Estate
• 2:39 The 2 Revenue Streams of a gas station
• 5:25 Defining what is Commercial Real Estate
• 6:24 Job of a Commercial Broker verse Residential Broker
• 12:01 Commercial loans verse Residential loans
• 13:01 Analyzing the value of a business
• 15:19 Metrics used to evaluate a business opportunity
• 19:22 What investments Pat likes for 2022