The Commercial Real Estate Investor Podcast

Key Takeaways: When determining the price per square foot to pay for industrial land for development, survey recent comparable sales in the area to see what the market is paying. Take into account the specific zoning as that can impact pricing. As a general rule of thumb, you'll want the land cost to be around 20-25% o

Key Takeaways: Don't invest with syndicators you don't know personally. It's important to thoroughly vet and understand how a syndicator operates before investing with them. Align incentives with your investment partners. The general partner should have significant skin in the game and be taking on meaningful risk alon

Key Takeaways: Underestimating renovation costs and working with inexperienced contractors can lead to major challenges on your first commercial deal. It's important to work with seasoned professionals who can provide accurate cost estimates. Creative financing options like investor partnerships and seller financing ca

Key Takeaways: Budget conservatively for unexpected maintenance costs when buying older commercial properties. Factors like HVAC issues, plumbing problems, and deferred maintenance can lead to significant unplanned expenses. Scaling up in commercial real estate can help minimize maintenance costs per square foot. Large

Key Takeaways: Thorough due diligence is crucial when analyzing potential deals, especially when reviewing rent rolls, leases, and tenant mixes. The distress in the market is compartmentalized, so understanding the specific risks and opportunities in each asset class and submarket is important. Considering alternative

Key Takeaways: Going "dark" in commercial real estate refers to when a tenant shuts down their business but is still legally obligated to pay rent. This can create opportunities for landlords to get properties at a discount. When a tenant goes dark, the landlord has to weigh the pros and cons of suing the tenant versus