Thu, April 17, 2025

Misconceptions about Commercial Real Estate & Leaving Your W-2 - (Office Hours)

Key Takeaways: Commercial Real Estate Misconceptions: Making money is not just about rent exceeding expenses Commercial real estate investing is not 100% passive Bigger numbers shouldn't scare investors Having the right sales team can help get better deals Advice for Investors: Treat commercial real estate like a business Build strong systems to manage properties Network with brokers and use strategies like mailers to find off-market properties Don't leave your W-2 job too quickly, as it helps with loan qualification Personal Experience Insights: The speaker recently had to restructure his team, reducing staff by using AI and technology First years in commercial real estate brokerage can be challenging, with low initial earnings It takes 3-5 years to become a successful commercial real estate broker Loan and Income Considerations: Banks prefer lending to those with more cash Recommended to have 100% of current W-2 income from real estate before leaving job Consider additional costs like health insurance when transitioning

Mon, April 14, 2025

Facing Adversity in Commercial Real Estate Brokerage | Brokers Round Table

Key Takeaways: Embrace Adversity Challenges are constant in commercial real estate View obstacles as opportunities for growth Always be prepared to solve problems Build Your Personal Brand Become an expert in your specific market or asset class Use social media to provide valuable, authentic content Network within industry associations and communities Add Value Consistently Focus on helping clients beyond just closing deals Provide strategic insights and genuine support Play the long game in relationship building Maintain Pipeline and Momentum Continuously prospect and generate new business Seek early successes to build confidence Be proactive in finding opportunities Leverage Unique Background Use previous industry experience as a competitive advantage Find mentors who can help you translate your skills Create a niche by combining your expertise with commercial real estate knowledge Adapt to Market Changes Stay flexible during economic shifts View market challenges as potential opportunities Continuously learn and refine your approach

Thu, April 10, 2025

Yes, Tariffs Will Hit Commercial Real Estate Hard - (Office Hours)

Key Takeaways: Tariffs will significantly impact commercial real estate, especially industrial and retail sectors, by increasing construction and material costs. Manufacturing relocation back to the US will take 4-5 years minimum, with full impact potentially taking 10+ years. Businesses are likely to face immediate price increases due to tariffs, potentially causing economic uncertainty and reduced transactions. Coastal cities and port-heavy markets may be hit hardest by import/export disruptions. Opportunities still exist in commercial real estate, particularly in value-add projects involving renovating existing buildings. Landlords should: Communicate openly with tenants Be flexible with lease terms Prepare for potential vacancies Focus on long-term strategies The current economic environment suggests caution, with an emphasis on making steady, conservative investments rather than seeking big wins. Interest rates may rise to combat inflation caused by tariffs, making current rates attractive for investment.

Mon, March 31, 2025

90 Days After Buying an Abandoned Self Storage Facility

Key Takeaways: Occupancy dropped from the seller's claimed 93% to as low as 58%, but has now climbed to the high 70s. Partnering with a moving company (Six Demand Movers) provides unique advantages in filling units and getting above-market rates. Major operational challenges included: Transferring property management software Onboarding a call center Fixing maintenance issues (gate, HVAC, doors) Tenant retention strategy focuses on: Responsive maintenance Flexible fee policies Building relationships Serving long-term, multi-unit clients Future plans include: Reaching near 100% occupancy Adding 40-52 new units using shipping containers and movable units Potentially expanding to 130-140 total units Improving property curb appeal Key financial insights: Each unit is worth approximately $17,300 Adding units can significantly increase property value Avoiding marketing expenses creates substantial value Seasonal considerations: Peak moving/storage season is March to October, with slowest months in January and February.

Thu, March 27, 2025

Non-Negotiables Analyzing Commercial Deals - (Office Hours)

Key Takeaways: Location Matters: Choose a location that fits your specific investment strategy and asset class. Cash Flow is Critical: Aim for properties that can cover debt service, especially in the current interest rate environment. Environmental Due Diligence: Always conduct a phase one environmental report to identify potential contamination risks. Property Age Considerations: Older properties can have expensive maintenance issues, particularly with plumbing, HVAC, and infrastructure. Zoning Verification: Always double-check zoning with the city, as local tax maps can be inaccurate. Parking and Accessibility: Evaluate parking needs based on the specific market and neighborhood. Surrounding Neighborhood: Assess the condition of nearby properties and potential for future development. Tenant Compatibility: Consider how surrounding businesses and potential tenants align with the property's intended use. Feasibility Study: Do quick initial calculations to determine if a deal is worth pursuing further (e.g., price per square foot, potential rental rates). Investment Strategy: Look for opportunities to potentially double your money in 3-5 years through a combination of cash flow and appreciation.

Thu, March 20, 2025

Ask Your Commercial Real Estate Questions - Office Hours

Key Takeaways: Tyler hosted a successful CRE Accelerator Mastermind event in Birmingham, Alabama, where they covered topics like developing flex space, underwriting, and case studies from members. Tyler is planning the next in-person mastermind event in Nashville, which will focus heavily on underwriting practice and property tours. Tyler is under contract to purchase a 4,000 sq ft building in East Nashville to convert into an event space and YouTube studio for his business. Owner-occupying commercial real estate was highlighted as a good way for business owners to build their real estate portfolio.

Mon, March 17, 2025

Unconventional Ways to Make Money from Commercial Real Estate | Brokers Round Table

Key Takeaways: Unconventional ways to monetize commercial real estate include renting out parking spaces, using excess land for storage containers, implementing digital billboards/signage, and leveraging technology and experiential elements. In the industrial sector, there is a "tale of two cities" scenario, with oversupply in big box warehousing but high demand for smaller manufacturing spaces. Retail faces challenges due to supply constraints and high construction costs, making it difficult for tenants to afford the rents. The office market is poised for a potential bull market, but will require creative destruction and adaptation to changing space needs post-pandemic. Integrating technology, such as VR, digital signage, and IoT, can enhance the value and attractiveness of commercial properties.

Thu, March 13, 2025

Exposing Real Estate Lies You've Been Told - Office Hours

Key Takeaways: Being a generalist in commercial real estate is better than being a specialist, as it broadens your investment skills and opportunities. The numbers alone don't make a deal - you need to consider operational capacity, management ability, and local market conditions as well. Real estate doesn't always go up in value, and can experience significant drops in the short-term. Just because you find a good deal doesn't mean the money will automatically come - raising capital is an ongoing process that requires preparation. The 1031 exchange is not always the best option, and it's important to consult your CPA. Single-family rentals are no longer a good investment due to the high risk and low reward.

Thu, March 06, 2025

Winners & Losers: Which CRE Asset Classes Will Dominate in 2025? | Investors Round Table

Key Takeaways: Industrial real estate remains resilient, with low vacancy rates, but older buildings may need upgrades to meet modern standards. The multifamily market is bifurcating, with Class A urban properties seeing more challenges, while Class B and workforce housing have stronger fundamentals in certain areas. The office market has structurally changed, with high vacancy rates, but there are pockets of resilience in medical office, Class A trophy spaces, and suburban mixed-use developments. In retail, grocery-anchored centers and experiential retail are performing well, while malls and big box retail continue to struggle, especially in weaker markets. Potential opportunities exist in distressed office, hospitality with expiring CMBS loans, retail repositioning, and affordable office/multifamily in good secondary markets, but caution is advised to avoid overpaying.

Mon, February 24, 2025

Building a Personal Brand for High-Value Clients | Brokers Round Table

Key Takeaways: Leverage LinkedIn and social media to become a thought leader by creating valuable, client-focused content rather than self-promotional posts. Ensure your social media presence and brand aligns with the type of high-value clients you want to attract. Publish regular, data-driven market reports to differentiate yourself and stay top-of-mind with potential clients. Seek out speaking engagements and other opportunities to position yourself as an industry expert. Develop a system to proactively identify and build relationships with the key players and decision-makers at large industrial, retail, and corporate clients. When given an opportunity to work with a high-profile client, make it your top priority to over-deliver and exceed their expectations.

Mon, February 24, 2025

26.8% Cap Rate on His First Deal?? - Office Hours

Key Takeaways: Be very cautious of deals with extremely high cap rates (over 10%), as there are likely underlying issues with the property or tenant. Thoroughly vet the seller and ensure they are the actual owner of the property before proceeding. Verify ownership through title work. Conduct thorough due diligence, including a Phase 1 environmental study, to uncover any potential problems or liabilities. Have a commercial real estate attorney review all lease and purchase documents carefully before moving forward. Work with reputable title and escrow companies, not directly with the seller, to protect yourself from potential scams. Ensure the tenant's financials and business model make sense for the high rent being paid, as it may not be sustainable.

Thu, February 20, 2025

Determining Price Per Sq. Ft. for Land - Office Hours

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% of your total development costs (including hard and soft costs). This can help guide what price per square foot makes sense. For a 4,000 sq ft commercial space you're looking to lease out, the main marketing strategies suggested are: Hire a commercial real estate broker to list and market the space List the space on online marketplaces Put up a prominent, eye-catching "for lease" sign on the property When raising capital for commercial real estate projects, the key is to start networking and letting your contacts know you're actively looking for investors, rather than waiting until you have a deal.

Thu, February 20, 2025

How to Make Deals Pencil with Today’s Interest Rates | Investors Round Table

Key Takeaways: Explore alternative financing options like bridge loans, floating rate loans with rate caps, assumable debt, and seller financing to make deals work in the high interest rate environment. Underwrite deals conservatively, stress-testing for debt sensitivity and ensuring NOI durability. Focus on realistic rent growth and expense assumptions. Plan for longer hold periods of 7-10 years, as the 3-5 year flip mentality may not work in the current market. Look for distressed opportunities, especially properties facing debt maturities that are forcing owners to sell or refinance on unfavorable terms. Consider value-add opportunities, especially in newer vintage properties from the 2000s, as they require less capital expenditure compared to older 1960s-1970s properties. Tighten expense management and focus on value-add improvements to boost NOI, as rent growth alone may not be enough. Be conservative in underwriting, build in buffers, and focus on the long-term rather than short-term market fluctuations.

Thu, February 13, 2025

Don't Invest with Strangers! - Office Hours

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 alongside the limited partners. Be very conservative in your underwriting and stress test deals for various scenarios. Don't rely on overly optimistic assumptions. Focus on getting 20%+ annualized cash-on-cash returns. Anything less may not be worth the risk and effort compared to other investment options. Avoid 50/50 partnerships, as they can lead to stalemates and disputes. One partner should have majority control.

Mon, February 10, 2025

First Commercial Deal—What Went Wrong? | Investors Round Table

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 can help new investors get started in commercial real estate without having to put up all the capital themselves. However, you need to carefully structure these deals to ensure they are beneficial for your role. Thoroughly reviewing leases, tenant information, and potential capital expenditures is crucial when evaluating commercial properties, as the income and expenses are the key drivers of value. Don't be afraid to take the plunge into commercial real estate, even if you're a beginner. With thorough due diligence and learning from others' mistakes, you can find success, even if your first deal isn't perfect.

Thu, February 06, 2025

Listen to This Before Buying Your First Commercial Property (Office Hours)

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. Larger properties often have economies of scale compared to smaller, lower-cost properties. Prioritize finding quality tenants and building strong relationships with them. Bad tenants can make an investment experience very difficult, so proper tenant screening and management is crucial. Consider hiring a professional property management company rather than self-managing. While it costs more, it can save time and headaches in the long run. Hands-on experience is invaluable in commercial real estate. Finding a partner with expertise can help navigate the initial learning curve. Focus on acquiring quality properties, even if the upfront cost is higher. This can pay off in the long run with fewer maintenance issues. Recognize that commercial real estate investing, while more passive than a full-time job, still requires ongoing work and oversight. Setting up the right team and systems is key to scaling.

Mon, February 03, 2025

Are Distressed Properties the Opportunity of 2025? | Brokers Round Table

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 financing methods, such as paying cash, syndications, or using creative structures like lines of credit, can help mitigate downside risk in the current high-interest rate environment. Focusing on consistent cash flow and tenant quality, rather than chasing higher returns, is advisable. Properties with longer weighted average lease terms (WALT) and diversified tenant bases may be more resilient. Avoiding forced deals and being selective and patient is recommended, as the market has not fully adjusted yet, and overpaying should be avoided. Sitting on the sidelines for a period may sometimes be the prudent choice. Staying attuned to broader economic and geopolitical factors, like the potential impact of US-Canada trade policies, is important as they can affect commercial real estate transactions and operations.

Thu, January 30, 2025

Tenants Moved Out but Still Pay Rent? (Office Hours)

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 negotiating an early lease termination. Lawsuits often end up costing more in legal fees than they are worth. When releasing a dark property to a new tenant, it's important to negotiate a buyout deal with the existing tenant first before bringing in the new one, otherwise the landlord has less leverage. For financing dark properties, there are lenders willing to work with these situations, but it will depend on the landlord's overall financial strength and the specifics of the lease. Building relationships and a strong network in the commercial real estate industry is crucial, especially when transitioning from residential to commercial investing.

Tue, January 28, 2025

I Bought a FAILING Self Storage Facility

Key Takeaways: Tyler and Jacob bought a failing self-storage facility for $1.7 million, with the goal of turning it around through operational improvements. The facility was advertised as 95% occupied, but was actually only 66% occupied when they took over. This was a significant discrepancy. The property had a poor reputation with many negative reviews, so Tyler and Jacob plan to focus on improving customer service and rebuilding trust. They see opportunities to add 30-40 additional storage units, which could increase the property's net operating income by 30-40% within 12-24 months. They plan to be relatively stabilized by the end of the year, and may be able to finish the project in 2-3 years instead of the initial 5-year timeline. Key next steps include conducting a cost segregation study, improving operations, raising prices, and deciding whether to keep the existing business name or start fresh. Overall, the focus is on operational value-add strategies to turn around the failing facility, rather than major capital expenditures.

Thu, January 23, 2025

Is The CRE Job Market Cooked? (Office Hours)

Key Takeaways: The commercial real estate job market is challenging, especially in sectors like development. Factors like high interest rates, construction costs, and cautious banks make new development projects difficult. Leasing and asset management roles may be relatively stronger than sales/brokerage, which has seen significant declines in transaction volume. Building relationships, especially with commercial real estate brokers, is crucial when trying to break into the industry. Networking and persistence are key. Obtaining specialized knowledge through courses, certifications, and mentorship can make you a more attractive candidate, but relationships are often more important than just credentials. Creative financing strategies like using investor capital, seller financing, and leveraging existing assets can help overcome the barrier of limited personal capital when getting started in commercial real estate.

Mon, January 20, 2025

Inside the Mini-Boutique Hotel Revolution

Key Takeaways: Hospitality experience is valuable when transitioning to real estate. Andrew's background in running restaurants and managing teams helped him in operating the Swepson Guest House. Focusing on a specific customer type and not trying to be everything to everyone is important. Andrew targeted large groups like corporate retreats and bachelor parties. Providing additional services like trip planning and concierge-style amenities can differentiate a property and lead to repeat bookings. Being flexible with the property's layout and usage (corporate vs. leisure) can maximize revenue. Anticipating and planning for high guest usage, such as having extra furniture and supplies on hand, is crucial to maintain the guest experience. Applying lessons learned from previous business ventures, like using durable and easily replaceable items, helped improve operations. Exploring alternative business models, like converting an office space into a boutique hotel, can lead to more profitable opportunities. Leveraging connections and marketing strategies like SEO and social media can help attract the target customer base.

Fri, January 17, 2025

Closing Out 2025 & Upcoming Projects (Office Hours)

Key Takeaways: Tyler is excited about setting up a new studio to create more in-depth, longer-form content on commercial real estate investing and development in 2025. Tyler has been very busy recently, with several property transactions and projects, including selling a property with a 305% return, closing on a 105-unit self-storage facility, and developing a 215-unit self-storage facility. Tyler is shifting his investment strategy to focus more on cash-flowing deals rather than just equity-focused projects. Tyler prefers metrics like annualized cash-on-cash return and equity multiple over IRR when evaluating deals. Tyler is not a fan of wholesaling commercial properties due to the challenges and costs involved. Tyler advises against trying to transition from residential to commercial real estate by just building a larger residential portfolio, and instead suggests selling residential properties and using the proceeds for a commercial investment.

Wed, January 15, 2025

We're FINALLY Making Progress on This Hotel

Key Takeaways: The hotel renovation project is facing several challenges, including dealing with the historic nature of the building, unexpected issues like water leaks and structural problems, and high costs for things like the pool and electrical work. The team is working to preserve the character of the historic building while also modernizing it and making it functional for a boutique hotel. There are a lot of details and coordination required for a project like this, from managing contractors, to dealing with inspectors, to planning out the layout and amenities like the pool and bar. The project is over budget in some areas, like the pool, which is costing $400,000, which is about 10% of the total $5 million budget. Overall, the conversation highlights the complexities and challenges of renovating an older, historic building into a modern boutique hotel.

Mon, January 13, 2025

Appraisals, Land Flip, Commercial Condos, And More (Office Hours)

Key Takeaways: Tyler discussed his end-of-year planning rituals, including an annual tradition of writing down and burning things he wants to leave behind from the previous year. He shared insights from the CRE accelerator mastermind, highlighting the value of being part of a supportive community and learning from experts in different niches. Tyler talked about challenges with appraisals and how to proactively provide data to the appraiser to improve the valuation. He emphasized the importance of goal-setting, using SMART goals to break down lofty objectives into actionable daily tasks, especially for the brokers mastermind group. Tyler shared his personal goal of working 3 days a week in 2025, stressing the need to be selective with his time. He discussed the pros and cons of commercial condos as investments, generally advising against them due to potential HOA management issues. Tyler provided advice on financing strategies for adaptive reuse projects, suggesting reaching out to multiple lenders and pitching to potential investors. He highlighted the challenges of investing in coastal areas due to rising insurance costs and climate-related risks.

Fri, January 10, 2025

Top 10 Real Estate Markets to Watch in 2025

Key Takeaways: New Orleans has seen a 25-spot jump in the rankings, driven by its tourism industry, but still faces challenges with a recovering economy and susceptibility to boom-bust cycles. Charleston has seen robust population and employment growth, driven by manufacturing, logistics, and tourism, but is facing affordability challenges. Columbus, Ohio is a fast-growing, business-friendly city with a diversified economy and strong population growth, making it an attractive investment market. Detroit has seen a remarkable turnaround, with its first population increase in 66 years, driven by revitalization efforts and a more diverse economy. Manhattan has seen a strong rebound, with renewed vibrancy in the business district, though high housing costs remain a weakness.

Wed, January 08, 2025

2025 Commercial Real Estate Brokerage Outlook | Brokers Round Table

Key Takeaways: The industrial sector is expected to see steady transaction volume in 2025, driven by interest rates remaining relatively stable. A potential interest rate drop could spur more activity. The office market is facing challenges, particularly with B and C class buildings, but 2025 is predicted to be a rebound year for leasing and pricing. Office to residential conversions will continue, but are limited in feasibility. The retail market is seeing softening in luxury segments, with a lack of new development. The focus is on quality deals rather than quantity, as it's difficult to replace existing retail space. When evaluating asset class performance, industrial, student housing, and senior living are highlighted as potential outperformers, though market-specific factors are crucial. Technology is playing a growing role, with AI tools for summarizing industry news and data, as well as data analytics platforms transforming site selection and tenant needs in the retail and office sectors. For job seekers in real estate, building connections in the industry and developing deep market expertise are key strategies to prepare for the 2026 job market. When selecting lenders, factors beyond just interest rates, such as loan terms, personal guarantees, and fees, should be carefully evaluated.

Tue, January 07, 2025

Emily's First 6 Weeks as a Commercial Real Estate Broker

Key Takeaways: Emily Benedict's background in corporate America and residential real estate has helped her transition smoothly into commercial real estate. Her expertise in land entitlement and development is a valuable asset. Finding properties is a key challenge in commercial real estate compared to residential, requiring more networking and proactive outreach rather than relying on an MLS system. The educational resources and mastermind programs provided by the Cobble Group have been instrumental in accelerating Emily's learning curve and providing her with the tools and knowledge needed to succeed. Communication and client management are crucial, with Emily emphasizing the importance of keeping clients informed throughout the deal process. Emily has set ambitious goals for herself, including sending 10 personalized letters per day, making 50 cold calls per month, and closing 10 deals by July 2025 to achieve $5 million in sales volume. Emily's advice to residential real estate agents considering a move to commercial is to just "do it" and not be afraid, as the skills and knowledge are transferable, and the opportunities are significant.

Wed, November 27, 2024

Which College Degree for Development, Competing as a Boutique Broker, and More (Office Hours)

Key Takeaways: Goal Setting: Tyler emphasizes the importance of setting SMART (Specific, Measurable, Achievable, Relevant, Time-bound) goals for the upcoming year and breaking them down into daily/weekly activities. Impact of Election: Tyler discusses the potential impact of the new president on commercial real estate, highlighting concerns around deregulation, tariffs, and immigration. Niche Focus: Tyler advises finding a niche and differentiating your commercial real estate brokerage, as he did by focusing on East Nashville and small businesses. Evaluating Deals Quickly: Tyler shares a "back-of-napkin" calculation method to quickly determine if a deal is worth further underwriting, based on price per square foot and desired cap rate. Providing Value-Added Services: Tyler suggests offering Property Performance Assessments to property owners as a way to get a foot in the door and build relationships. Leveraging Relationships and Networking: Tyler emphasizes the importance of regularly communicating with other brokers to stay informed about market trends and conditions. Efficient Use of Technology: Tyler discusses reducing reliance on expensive platforms like CoStar and instead leveraging free or low-cost data sources and personal market knowledge. Importance of Mentorship and Involvement in Organizations: Tyler highlights the benefits of being part of the Entrepreneurs Organization (EO) and the value of mentorship.

Mon, November 25, 2024

Here’s The Latest with My Boutique Hotel Development in East Nashville (Salt Ranch)

Key Takeaways: The Salt Ranch Hotel project in East Nashville was initially designed as a $17 million renovation, but had to be redesigned to a $10 million project to secure funding. The permitting process took 18 months, which Tyler described as an "absolute nightmare" due to government regulations and unexpected costs, like having to re-engineer the storm water system. Jacob Kromhout was brought on as the project manager to oversee construction, manage the budget and timeline, and serve as the communication link between Tyler and the general contractor. The hotel features many historical elements like exposed brick walls, hand-carved casings, and tall original windows that the team is working to preserve and incorporate into the boutique design. The project is currently making good progress, with exterior painting, tile installation, and framing/drywall work underway. Securing the site as the weather gets colder is a near-term priority. Tyler and Jacob plan to provide monthly construction updates to share the progress on the project, which is aiming for a spring 2025 opening.

Wed, November 20, 2024

My Biggest Challenge as an Investor and More (Office Hours)

Key Takeaways: Finding deals is not Tyler's biggest challenge as an investor - raising capital is. He has built a strong investor base through platforms like YouTube. Tyler emphasizes the importance of understanding the entire development process and learning from different trades, not just focusing on your own specialty. Financing, especially from banks, is a major challenge in commercial real estate. Tyler works with a few reliable lenders to make the process easier. Launching a podcast can be an effective way to build an investor base by developing long-term relationships with listeners. Tyler advises against letting a quick close compromise the due diligence process - it's crucial to still conduct proper inspections and evaluations. Networking through industry associations like CCIM, SIOR, and ULI can help connect new investors with others in the commercial real estate space. Tyler's investment strategy aims for a 2x equity multiple over 5 years, prioritizing long-term value creation over immediate cash flow. While Tyler has limited experience with campgrounds, he sees them as an interesting investment opportunity that requires understanding the specific market dynamics.

Mon, November 18, 2024

Tracking Key Performance Indicators (KPIs) for Commercial Real Estate Brokers | Brokers Round Table

Key Takeaways: Focus on habits and controllable actions rather than just setting outcome-based goals. Break down big goals into smaller, daily/weekly tasks. Regularly communicate with clients, even if there is no new activity to report. Weekly or monthly check-ins can help maintain relationships. Understand the evolving KPIs in different commercial real estate sectors, like the shift in retail from just sales per square foot to more holistic metrics. Qualify potential clients quickly to ensure the assignment is a good fit and worth pursuing, especially in the retail sector. Leverage simple, actionable goals like asking for referrals in every conversation to drive incremental progress. Be open to feedback and suggestions from the audience to improve future discussions and cover topics of interest.

Thu, November 14, 2024

The NNN Alternative, Value-Add Flex, and More (Office Hours)

Key Takeaways: Tyler is starting site work this week on his Salt Ranch boutique hotel project in Nashville. He has also filmed enough YouTube content to last through February. Tyler hosted a CRE Accelerator mastermind call where students presented various commercial real estate deals, including a ground-up development, an owner-occupied deal, and a seller-financed deal. The group is planning an in-person event in Birmingham focused on flex space and ground-up development. Tyler had to let an employee go and hire a new attorney to handle the employment law issues. He is currently hiring for an office manager position. Tyler shared his experience and perspective on the multifamily market, noting that he prefers commercial real estate investments over multifamily due to concerns about overvaluation and lack of good deals. Tyler discussed his thoughts on the office market, stating that it depends on the specific location and property, and that he is selective in his office investments, preferring properties in areas with less competition. Tyler provided advice on tenant improvement allowances (TI) for retail spaces, emphasizing the importance of understanding the market and structuring leases that add value to the property. Tyler encouraged a recent finance graduate to consider starting in commercial real estate brokerage, rather than property management, if they are willing to work hard and go without a salary for the first 6-12 months.

Tue, November 12, 2024

Commercial Real Estate Outlook Under A Donald Trump Presidency | Investors Round Table

Key Takeaways: Tariffs could significantly impact commercial real estate by increasing construction costs, reducing consumer spending, and putting pressure on commercial real estate values. Deregulation could benefit commercial real estate by reducing barriers for businesses, inspiring business confidence, and potentially streamlining processes like permitting and zoning. Immigration policies under Trump could exacerbate labor shortages in the construction industry if there are mass deportations or tightened immigration. In a high inflation environment, affordable and flexible spaces like contractor garages and micro-spaces may be viable options for tenants. The impact of Trump's policies on commercial real estate will depend on the specifics and how they are implemented, as well as the broader economic context. Owning hard assets like real estate may be a good hedge against inflation, but the overall investment strategy should consider the nuances of the economic and policy changes.

Wed, November 06, 2024

Finding & Analyzing Profitable Commercial Deals | Investors Round Table

Key Takeaways: Identifying Emerging Markets: - Track public infrastructure projects, city council meetings, and development plans to identify areas primed for growth. - Look at residential market indicators like days on market to spot emerging neighborhoods. - Understand the local market dynamics, not just national trends. Balancing Risk vs. Reward: - Quantify and manage different types of risks, including feasibility, financial costs, and quality. - Aim for a low basis to better withstand potential risks. - Focus on buying right, as that can help mitigate issues even if other aspects of the project go wrong. Maintaining a Deal Pipeline: - Utilize Aristotle's advice - tell people what you're looking for, tell them, and then tell them what you told them. - Build relationships and network actively to uncover off-market opportunities. - Communicate your investment criteria clearly to everyone in your network. Staying Competitive Without Overpaying: - Prioritize understanding the seller's needs and offering unique solutions over just competing on price. - Build rapport and relationships with sellers to create a competitive advantage. - Consider the "blue ocean strategy" to find ways to provide value without direct competition.

Mon, November 04, 2024

Investing in Yourself as A Commercial Real Estate Broker | Brokers Round Table

Key Takeaways: Investing in education and resources: The participants recommended several books, trade publications, and industry events that have been valuable for commercial real estate brokers to invest in their professional development. Importance of mentorship and coaching: Finding the right mentor or coach, whether paid or unpaid, can have a significant impact on a broker's career growth. Building relationships and adding value are key to finding effective mentors. Leveraging mastermind groups: Participating in mastermind groups with other brokers and industry professionals provides opportunities to learn from others' experiences, build a valuable network, and gain new perspectives. Time management and efficiency: Implementing tools and habits like calendars, email management, and team coordination can help brokers stay organized and focused in the face of the many demands of the job. Personal branding and differentiation: Developing unique personal branding strategies, like wearing distinctive attire, can help brokers stand out and make a memorable impression with clients.

Wed, October 30, 2024

Working ON not IN Your CRE Business and More (Office Hours)

Key Takeaways: Focus on value-add projects rather than new construction - Why I prefer value-add deals as they often provide similar returns with less risk and debt compared to ground-up development. Importance of setting SMART goals - The value of setting Specific, Measurable, Achievable, Relevant, and Time-bound goals to increase the likelihood of achieving them. Surround yourself with the right people - I credit much of my success to being in the right rooms and networking with the right individuals who helped guide and support my growth. Challenges with the "Wash" project - Parking constraints have been a major issue in replicating this unique commercial real estate concept in other locations. Advice for new commercial real estate brokers - Read "Walkable City" by Jeff Speck to gain a deeper understanding of urbanism and city planning. Importance of proactively raising capital - Create a list of 100 potential investors and consistently promoting investment opportunities to successfully raise capital.

Mon, October 28, 2024

Planning for Real Estate in 2025 and Setting Goals | Investors Round Table

Key Takeaways: Focus on meaningful goals, not just financial ones. Tyler found that achieving monetary goals often felt empty and unfulfilling. Hire key personnel to handle operations and free yourself up to focus on your strengths, like content creation. Aggressively grow your content production and distribution, aiming for 50-100 pieces of content per week across platforms like YouTube. Expand your brokerage to 3-5 locations outside of Nashville over the next 5 years. Dedicate resources to your educational platforms like the CRE Accelerator and Brokers Mastermind to become the premier commercial real estate education provider. Emphasize the journey and personal growth over just hitting numerical targets. Enjoy the process, not just the end result.

Wed, October 23, 2024

Sending Mailers, Mastermind Event, Bad Actors, and More (Office Hours)

Key Takeaways: There will be a 2-day CRE Accelerator Mastermind event in Nashville on October 18-19, 2024. This will be the first of these quarterly events. Approvals have been received for the Peerless Mill project, a 29-building industrial facility in Rossville, Georgia. I plan to start with indoor climate-controlled self-storage and industrial outdoor storage in phase one. The benefits of using self-storage management companies to handle upfront work like market studies and pro formas when getting into self-storage are discussed. During the mastermind event, I will cover topics like finding and funding your first deal, a property tour, and a goal-setting workshop for 2025. There will also have a session with a guest speaker on building business models for real estate investments. The value of the mastermind community and the importance of being selective with business partnerships to avoid dealing with "bad actors" in the industry is emphasized. Discussion on being open to different entry points into commercial real estate, including brokerage, accounting, urban planning, etc. and how to find value in learning from various perspectives. Why I prefer the mastermind group approach over one-on-one consulting due to the scalability and community benefits it provides.

Mon, October 21, 2024

Navigating Today’s Commercial Market Trends | Brokers Round Table

Key Takeaways: 1. Navigating market volatility and unpredictability is crucial for commercial real estate brokers. Adapting to constant change and being responsive to market shifts is essential. 2. The retail market has undergone a rapid transformation, shifting from the "retail apocalypse" narrative to being considered a safe and profitable asset class. Brokers need to stay on top of evolving consumer behavior and the impact of e-commerce. 3. Technology is playing an increasingly important role in the commercial real estate industry, from automation and data analytics in industrial properties to virtual tours and customer behavior tracking in retail. However, brokers should balance the use of technology with traditional prospecting and marketing methods. 4. Sustainability and green building initiatives, while desirable, often face challenges in terms of economic viability, as tenants and owners are reluctant to pay a premium for these features. 5. For new brokers navigating a volatile market, the key is to focus on effective prospecting, data synthesis to become market experts, and aggressive marketing to stand out.

Wed, October 16, 2024

Creating Your Buy Box, Insurance after Hurricanes, and More (Office Hours)

Key Takeaways: Importance of getting everything in writing, even with trusted partners, to avoid legal issues down the line. Value of being involved in local programs like Leadership Nashville to network and learn about the city. Launching a new 2-minute video series on YouTube to provide quick, focused commercial real estate education. Emphasizing the need for new commercial investors to treat the transition from residential as starting over, and be open to continuous learning. Recommendations for finding flex space opportunities by surveying local brokers and analyzing market data. Expectation of significant increases in insurance premiums nationwide due to the impact of hurricanes. Highlighting the effectiveness of mailers as a strategy for finding off-market commercial properties. Advising aspiring real estate developers to gain experience by working for an established development firm first.

Mon, October 14, 2024

Carl Icahn to Sell Notorious Nashville Property (Here's The Scoop)

Key Takeaways: IThe PSC Metals property owned by Carl Icahn is a significant urban redevelopment opportunity in Nashville, located on the Cumberland River near downtown. The property has been a scrapyard for decades and is heavily contaminated, potentially requiring hundreds of millions of dollars to clean up. Redeveloping the site will be complex, requiring collaboration with the city, state, and federal government, as well as community engagement. The redevelopment is expected to include vertical, mixed-use development with residential, commercial, and hospitality components, as well as public spaces and infrastructure improvements. Integrating public transportation, such as a trolley system or water taxis, is seen as an important aspect of the redevelopment. The community and local politicians will play a key role in shaping the redevelopment, and constructive engagement will be crucial to the project's success. The redevelopment is viewed as a legacy project that could transform Nashville's riverfront and serve as a model for urban revitalization.

Wed, October 09, 2024

What's Holding You Back? Best Use for Land, and More (Office Hours)

Key Takeaways: Launching the Brokers Mastermind program with over 270 people attending the introductory webinar. Enrollment closes on October 4, 2024, with pricing increasing in March 2025. Discussing the challenges of going "all-in" on commercial real estate, including the importance of having a 6-month financial cushion when starting a brokerage career. Highlighting the benefits of flex space as a commercial real estate investment, combining industrial and office needs, and the opportunities in converting existing office buildings. Advising on managing long-distance investments, such as using platforms like Neighbor.com for truck parking lots, and the importance of understanding local market dynamics. Emphasizing the value of networking, prospecting, and finding side jobs that don't interfere with building a commercial real estate business. Discussing ongoing development projects, including a boutique hotel, self-storage, and a new food hall concept.

Mon, October 07, 2024

Current Economy's Impact on Commercial Real Estate | Investors Round Table

Key Takeaways: Be conservative in your underwriting and investment strategies: - Bring more cash to the table with higher down payments and cash reserves. - Don't be overly aggressive with rental increases. - Focus on assets that can provide solid, risk-adjusted returns. Explore creative financing options: - Utilize seller financing and lease options to structure deals. - Negotiate contract periods to lock in prices and wait for better financing. - Consider partnerships and strategic alliances to balance risk. Monitor macro trends and be adaptable: - Stay aware of demographic shifts, labor market changes, and technological advancements. - Understand how these factors could impact future vacancy, occupancy, and productivity. - Remain flexible in your approach and be willing to adjust your investment strategy as conditions evolve. Prioritize liquidity and operational efficiency: - Ensure you have sufficient liquidity to weather potential economic storms. - Focus on tightening up your operations and management to maximize performance.

Wed, October 02, 2024

Marketing for Commercial Real Estate Brokers | Brokers Round Table

Key Takeaways: Differentiate your marketing by highlighting your proactive tenant outreach and understanding of the right tenant fit for a property, rather than just passively listing spaces. Leverage your experience and expertise to provide value to clients - whether it's showing landlords a structured approach to tenant acquisition or demonstrating deep market knowledge when pitching to tenants. Utilize digital marketing and online presence to attract clients, but tailor the content to provide value rather than just self-promotion. Focus on building long-term client relationships by staying on top of lease expirations and using them as opportunities to secure renewals and extensions. Adapt your negotiation tactics and day-to-day activities to the changing market conditions, such as the current tenant-favorable office market. In the retail sector, demonstrate your ability to curate the right merchandising mix and tenant lineup to attract clients, while also nurturing relationships with emerging, "cooler" tenants.

Mon, September 30, 2024

Brokers Mastermind, Investing in Nashville, IRRs, and More (Office Hours)

Key Takeaways: CRE Central offers comprehensive education and coaching for commercial real estate investors, covering fundamentals to advanced strategies. Tyler Cauble recently launched a new, more in-depth underwriting spreadsheet for his CRE Accelerator members, which includes features like a green box for debt service coverage ratio and waterfalls. When choosing between starting at a boutique brokerage or a large firm like CBRE or JLL, the decision depends on the resources needed and the type of clients one wants to work with. Proper underwriting and being realistic about the numbers are crucial in commercial real estate, as Tyler takes a conservative approach to ensure deals work even if things go wrong. The self-storage market has remained relatively stable in terms of cap rates, but Tyler advises looking into markets with more multifamily units than self-storage facilities to find attractive deals. Tyler recommends investing in areas north of the Cumberland River in Nashville, such as East Nashville, Madison, and Hendersonville, as they are undervalued compared to more established markets. Tyler is launching a Broker's Mastermind program in October, designed to teach brokers how to earn a million dollars in commissions in a year. When marketing industrial outdoor storage before the property is complete, Tyler suggests using Craigslist, Facebook Marketplace, and large signage on the property, as well as writing blog posts to attract potential tenants.

Wed, September 25, 2024

Rate Drops, National vs. Boutique Brokerages, and More (Office Hours)

Key Takeaways: Potential Interest Rate Drops: There is speculation that interest rates could drop by 25-50 basis points by the end of the year, which could impact the commercial real estate market. Competing with Larger Brokerages: Smaller, boutique brokerage firms can compete with larger national firms by focusing on smaller deal sizes, niche markets, and providing personalized service. Joining a broker's mastermind can also help develop strategies. Wholesaling Land Deals: Wholesaling land can be a viable option, but it's important to ensure there is significant "meat on the bone" for the next buyer to justify the wholesale markup. Finding Off-Market Opportunities: Sending targeted mailers to property owners in specific zip codes can help uncover off-market value-add commercial real estate deals. Partnering for Ground-Up Development: When partnering on a first-time ground-up development, the focus should be on learning and de-risking the project, rather than maximizing the profit split. Importance of Local Market Knowledge: Understanding the unique needs and gaps in a local market can help identify the highest and best use for a commercial property. Choosing a Commercial Brokerage: Joining a commercial-focused brokerage, rather than a residential firm, is crucial for properly learning the industry and gaining the respect of larger investors.

Fri, September 13, 2024

Peerless Mill Update, CRE Masterminds, and More (Office Hours)

Key Takeaways: Detailed update on the Peerless Mill project, including challenges with getting necessary approvals from the city, but strong community support for the redevelopment. Emphasis on the pros and cons of investing for equity vs. cash flow, and the importance of understanding the investment stage and goals. Advice on finding guarantors and capital partners, including leveraging existing networks and relationships. Tips on researching commercial lease rates, including using online platforms and connecting with specialized brokers. Overview of Tyler's commercial real estate investor mentorship program and the value of the group coaching calls. Willingness to provide referrals to reliable commercial real estate brokers in specific markets. Upcoming plans for a biographical video and an in-person teaching event on transitioning from residential to commercial real estate.

Wed, September 11, 2024

Strategic Partnerships in Commercial Real Estate pt. 1 | Investors Round Table

Key Takeaways: Strategic partnerships have been incredibly pivotal in Tyler's career, allowing him to get his first development deal and syndication done, as well as the majority of his deals. Tyler emphasizes that you want to bring in partners who can help with things like signing on debt, providing different forms of cash flow, and contributing different skill sets and relationships. Tyler cautions against beginner investors trying to take 50% of a deal just because they found it, as they likely don't have the capital or skills to afford the downside risk. Tyler shares a personal story about a difficult partnership with a previously close friend, highlighting the importance of aligning values, communication styles, and being able to handle conflicts effectively. Tyler stresses that commercial real estate investing is a team sport, and there's no point in trying to do everything yourself. It's important to focus on your strengths and find partners to complement your weaknesses. Tyler encourages listeners to join the upcoming Brokers Mastermind that he and Logan are launching, as it will provide an opportunity to learn more about building successful partnerships.

Mon, September 09, 2024

Prospecting for New Business pt. 2 | Brokers Round Table

Key Takeaways: Leverage technology to supplement, not replace, traditional prospecting methods like cold calling, networking, and building relationships. Focus on building a strong foundation with old-school techniques first before layering in technology tools. Networking is a slow, long-term process, but can pay off significantly if done consistently and with a focus on providing value to contacts. Specialize in a niche and become an expert in that area to differentiate yourself and overcome objections about being too busy. Use social media strategically to align with your target audience and build your personal brand, but don't rely on it as the sole prospecting method. Be prepared for market shifts, like the current tightening of capital markets, and adapt your prospecting approach accordingly. Maintain relationships and perform well on initial deals to secure repeat and referral business from clients over the long-term.

Fri, September 06, 2024

We're Hiring, Flood Zones, and Leasing before You Buy (Office Hours)

Key Takeaways: Tyler Cauble is looking to hire a Director of Property Management and commercial real estate brokers with at least 3-5 years of experience for his company. Tyler is hosting a webinar on August 22nd about transitioning from residential to commercial real estate investing, and he will be guest lecturing at Vanderbilt's MBA program. Tyler's property management company, Parasol, is growing rapidly and now manages around 2.1 million square feet of commercial space. He is open to acquiring or merging with other property management firms in Tennessee. Tyler has had success growing his CRE Accelerator program to nearly 70 members in just 3 months, and is planning an in-person meetup in October. Tyler cautions against the challenges of ground-up development and managing large multifamily properties, preferring to focus on existing commercial properties. When evaluating deals in flood zones, Tyler suggests the risk and hassle need to be weighed against any potential discounts on the property. For investors interested in working with Tyler's syndication company, Hamilton Development, he recommends booking a call to discuss the process and requirements.

Wed, September 04, 2024

Transitioning from Residential to Commercial Real Estate Pt. 2 | Investors Round Table

Key Takeaways: Analyzing commercial real estate deals requires a focus on income potential, detailed lease analysis, understanding market trends, and thorough due diligence - much more complex than residential analysis. Important financial metrics in commercial real estate include cap rates, net operating income, debt service coverage ratios, and return on equity/yield on cost - very different from the residential focus on cash flow. The commercial real estate closing process and financing considerations are much more involved compared to residential, requiring a strong team of professionals to navigate. For first-time commercial investors, the advice is to start small, educate yourself, build a team of experienced advisors, and consider partnering with more experienced investors to add value. Networking and adding value are key to finding opportunities and building successful commercial real estate partnerships.

Mon, September 02, 2024

Prospecting for New Business | Brokers Round Table

Key Takeaways: Start with simple outreach - drop off brochures, make calls to nearby businesses to identify potential clients. Focus on building relationships with property owners over time through a non-aggressive approach. Offer to be a resource and ask to be considered for the listing if they decide to work with an agent. Leverage completed deals and client successes in your outreach - "humble brag" about the wins you've helped your clients achieve. Use technology like Calendly to make it easy for prospects to book meetings with you. Research prospects thoroughly and tailor your pitch to their specific needs and challenges, rather than taking a broad "shotgun" approach. Position your clients as the hero, not yourself, when telling success stories. Make them the focus. Overcome objections and challenges by continuing to provide value and build trust over time.

Mon, September 02, 2024

Prospecting for New Business | Brokers Round Table

Key Takeaways: Start with simple outreach - drop off brochures, make calls to nearby businesses to identify potential clients. Focus on building relationships with property owners over time through a non-aggressive approach. Offer to be a resource and ask to be considered for the listing if they decide to work with an agent. Leverage completed deals and client successes in your outreach - "humble brag" about the wins you've helped your clients achieve. Use technology like Calendly to make it easy for prospects to book meetings with you. Research prospects thoroughly and tailor your pitch to their specific needs and challenges, rather than taking a broad "shotgun" approach. Position your clients as the hero, not yourself, when telling success stories. Make them the focus. Overcome objections and challenges by continuing to provide value and build trust over time.

Fri, August 30, 2024

Achieving Financial Freedom, Dealing with Deal FOMO, and More (Office Hours)

Key Takeaways: Achieving financial freedom through commercial real estate investing often involves goals like being debt-free, taking care of family (e.g. retiring parents), and having the time and flexibility to live and work where you want. Tyler faced challenges with a development project (Peerless Mill) due to issues with the local mayor and city government. He had to publicly address the problems to get transparency for the community. When dealing with multiple investment opportunities, Tyler advises focusing on deals that align with your goals and priorities, rather than just chasing the next deal out of FOMO. There are more deals available than any one investor can do. Building relationships with multifamily property owners and managers is key for accessing off-market deals. Strategies include joining local industry associations, networking with brokers, and offering to retain existing property management. Triple net leases are very common in commercial real estate and can work for a variety of property types. The structure provides benefits for both landlords and tenants. For new commercial real estate investors, Tyler recommends finding an experienced partner to help secure financing, rather than trying to do the first deal alone as a young broker.

Wed, August 28, 2024

Brokers Mastermind, Luxury Flex Space, and More (Office Hours)

Key Takeaways: Seller financing is recommended, as it allows negotiation of debt terms. Other financing options discussed include joint ventures, restructuring current debt, and raising capital through investor pools. High insurance rates in Florida can make deals difficult to make work financially. Significant tax benefits of cost segregation, citing a $120,000 write-off on a $480,000 building. Industrial outdoor storage facilities may have limited depreciation opportunities. Brokerage tips for new agents: recommends joining a retail team or borrowing an experienced broker's track record to gain an advantage. Cold calling, door-to-door outreach, and direct mail are effective strategies for new brokers. Developing successful micro-restaurant projects: Key factors include no parking requirements, proximity to urban core, and embracing the neighborhood. Launching a brokers mastermind on October 1st. Planning an in-person Serie accelerator mastermind event in Nashville on October 18-19.

Mon, August 26, 2024

Andrew Steffens on Developing 2,500 Apartment Units

Key Takeaways: Importance of people skills and networking in real estate development - Andrew emphasized that the ability to communicate and build relationships with various stakeholders is crucial, even more so than technical skills Adapting to market conditions - Andrew discussed the need to be flexible and adapt development strategies based on changing market factors like construction costs, interest rates, and supply/demand. Focusing on "singles and doubles" rather than swinging for the fences. Long-term perspective on deals - Andrew noted that while short-term market volatility can impact project performance, taking a long-term view and holding assets can help mitigate risks. Mastering the local market - Andrew advised newcomers to become "masters of the market" by deeply understanding the competitive landscape, rents, occupancy, and pipeline of new supply in their target area. Institutional developers' advantages - Andrew's company Wood Partners, as an experienced institutional player, is still able to get deals done and access capital despite the challenging market conditions.

Fri, August 23, 2024

What Are YOU Buying in 2024, Breaking into Brokerage, and More | Office Hours

Key Takeaways: Value-add investments across various asset classes like self-storage, mobile home parks, industrial flex, and retail. Insights on evaluating locations for self-storage facilities and the benefits of luxury storage garages. Medical office space as a relatively stable commercial real estate investment. The importance of being relentless when trying to break into the commercial real estate brokerage industry. Tyler recommended networking, informational interviews, and following up persistently to get a foot in the door. Developing a comprehensive commercial real estate brokerage course that launched in fall 2023. Plans to expand The Cauble Group brokerage to new markets in the Southeast over the next 2-5 years. He will be partnering with local commercial real estate brokers, offering them up to 49% equity in the new branches. Cauble shared his experience with a challenging $18 million acquisition that required creative financing and persistence to complete. He stressed the importance of conservative underwriting, proper planning, and having the right partners when undertaking complex commercial real estate projects. Upcoming Events and Courses: Cauble will be hosting a workshop and property tour for CRE Accelerator members in Nashville in October 2024. He is considering offering in-person classroom courses in the future based on listener interest.

Wed, August 21, 2024

Transitioning from Residential to Commercial Real Estate Pt. 1 | Investors Round Table

Key Takeaways: Relationships and networking are crucial when transitioning from residential to commercial real estate investing. Building connections with experienced commercial real estate professionals, such as through industry associations and mastermind groups, can provide valuable mentorship and guidance. It's important to start small and limit risk when making the transition. Doing a smaller, lower-risk commercial deal first, potentially with a partner or using seller financing, can help mitigate the learning curve. Adopting the right mindset is critical. Commercial real estate requires a longer-term, more analytical approach focused on steady income and capital appreciation, rather than quick flips. Comprehensive education through books, courses, and hands-on experience is necessary, but should be combined with building relationships and getting practical guidance from experienced commercial investors. Protecting one's reputation is paramount in the relatively small commercial real estate industry, as word can spread quickly about an investor's conduct and capabilities.

Mon, August 19, 2024

Structuring Partnership Entities, Contacting Prospective Investors, and More (Office Hours)

Key Takeaways: Building a comprehensive commercial real estate brokerage course is an intensive process, but it's important to create a thorough reference guide for students. When setting up a commercial real estate partnership, Cauble recommends using a property company LLC owned by individual trusts/partners rather than a single joint venture LLC. For market analysis on unique properties like an island lot in Honduras, focus on comparable sales, income, and cap rates, but expect a wide range due to the specialized nature. When making offers on commercial properties, a credibility letter from a lender can be more valuable than a pre-approval, and agency disclosures are typically not a major concern. Networking and building relationships is crucial for finding investors, rather than relying solely on cold calling. Promoting successful deals can also attract more investors. For owner-occupied commercial real estate, banks are often more flexible on down payments compared to investment properties, making it a good "commercial house hacking" strategy. When vetting new commercial real estate agents, look for those who specialize in the property type and market, not generalist residential agents.

Fri, August 16, 2024

Commercial Real Estate Tech: Occupier | with Nate Smoyer

Key Takeaways: The commercial real estate industry, particularly the leasing process, has been slow to adopt technology and modernize workflows. Brokers often rely on manual, email-heavy processes. Occupier is addressing this by building a deal collaboration platform to provide a centralized, transparent system for tenant reps and their clients to manage the leasing process. The commercial real estate market is highly fragmented, with different trends and dynamics playing out in various sectors (office, retail) and geographic markets. Blanket statements about the overall market can be misleading. Private equity involvement in some legacy brands has led to neglect of the core business in favor of monetizing real estate assets. There is potential for AI and data analytics to revolutionize commercial real estate decision-making by quickly analyzing large amounts of data to provide valuable insights. Occupier is taking an end-to-end approach, also providing lease management and accounting software to give corporate tenants more control over their real estate portfolios.

Mon, August 12, 2024

Josephine Saffert on Getting Started in Real Estate Development

Key Takeaways: Hire slow, fire fast when it comes to contractors and builders. Aligning incentives is crucial. Avoid 50/50 partnerships in real estate development. It's better to have a clear majority ownership and decision-making control. Budget significantly more time for rezoning and entitlement processes than the typical 4-6 months, more like 6-9 months. Diversify your income streams as a developer, such as starting a brokerage, wholesaling deals, and running an educational program. Obsess over costs and line items, and always get backup invoices from contractors to maintain control over the financials.

Fri, August 09, 2024

Developing Negotiation Skills in Commercial Real Estate Pt. 2 | Investors Round Table

Key Takeaways: Focus on active listening, nonverbal cues, and tactical empathy to better understand the other party's motivations and priorities. Gather as much information as possible and build rapport before making offers or counteroffers. Use anchoring and micro agreements to guide the negotiation in your favor. Present market context and the impact of unrealistic pricing to help sellers be more realistic. Be creative in structuring deals to satisfy both buyer and seller interests, such as adjusting interest rates, purchase prices, or payment terms. Appeal to the other party's interests rather than getting stuck on positions when negotiating.

Wed, August 07, 2024

Creating a Mountain of Referrals | Brokers Round Table

Key Takeaways: Specialize and become an expert in a specific niche of commercial real estate to attract referrals and build credibility. Build strong relationships and provide excellent service to clients - this will lead to more referrals. Ask for referrals directly, especially after completing a job well. Offer referral fees to incentivize others to send you business. Leverage relationships with residential real estate agents, as they can be a great source of referrals for commercial brokers. Use a CRM to track referrals and stay organized. Customize it to your needs and team. Consider starting your commercial real estate career as part of a team rather than solo to build credibility and leverage others' expertise.

Mon, August 05, 2024

Eric Deems on Land Investment & Development

Key Takeaways: Real estate is more political than politics - developing relationships with local officials and understanding the entitlement process is crucial for successful development projects. Nashville has experienced rapid growth, leading to challenges with managing growth and infrastructure. Density and mixed-use development are important but face resistance from some community members. The entitlement process in Nashville has become much more lengthy and difficult, now taking 15-18 months on average compared to 7 months previously. This poses risks of losing buyers if projects take too long. Construction lending is very challenging in the current environment, adding further risks to development projects. Reaching out to experts like Eric Deems at Land Advisors Organization can provide valuable insights and data on the Nashville real estate market to help navigate these challenges.

Fri, August 02, 2024

Finding Debt Today, How to Win with Walgreens, Assessing CRE Deals (Office Hours)

Key Takeaways: Financing is challenging for commercial real estate deals, with lenders only offering 50-60% loan-to-value ratios on a strong industrial deal. Tyler is seeking a lender that can provide 70-75% financing. The Walgreens and CVS store closures present opportunities for commercial real estate brokers to negotiate early lease buyouts with the companies, then find new tenants for the desirable locations. Buying boutique commercial real estate brokerages can be difficult, as they are often built around a single high-producing agent rather than a true business. It may be better to try to recruit top agents from these firms instead. Commercial real estate development projects can be difficult to document and share on video, but Tyler is interested in creating more development-focused content for his audience. When assessing commercial properties, key factors beyond just the physical condition include zoning, environmental surveys, and geotechnical analysis - items not as crucial for residential properties.

Wed, July 31, 2024

Nate Smoyer on Tech You Need as a CRE Investor Today

Key Takeaways: There are concerns about the potential liability for brokers and property managers using AI-powered tools like RealPage, if the tools have biases that lead to unfair rent pricing recommendations. It's unclear if new construction technology like Field Materials solves a major problem today, given the challenges of getting multiple parties to adopt new tools in the construction process. Enterprise-level software for commercial real estate may not always justify the high cost, as it doesn't fully replace employees and requires dedicated staff to manage the implementation. Brokers should carefully evaluate the value and functionality of new technologies to ensure they are worth the investment, rather than just adopting the latest tools. Nate has some Ohio vacation cabins for sale that listeners can inquire about through his LinkedIn profile.

Mon, July 29, 2024

How to (Legally) Stop Paying Taxes with Commercial Real Estate | Yonah Weiss

Key Takeaways: Cost segregation is an advanced depreciation strategy that allows you to depreciate certain components of a commercial property (like flooring, cabinets, appliances) over a shorter 5-7 year period instead of the standard 27.5 or 39 year period. This can provide significant tax savings. Cost segregation studies are recommended for properties over $200,000, as the upfront cost of the study is usually worth the tax benefits. Even a $480,000 property can see $120,000 in year one depreciation deductions. The potential downsides of cost segregation include not being able to use the tax benefits if you don't have enough tax liability, and potential recapture taxes when the property is sold. Some of the best assets to maximize depreciation benefits are mobile home parks, RV parks, and golf courses, which can allocate 70-80% of the purchase price to 15-year land improvements that qualify for bonus depreciation. When investing in syndicated deals, key factors to consider are the experience and integrity of the sponsor, the cash flow, and the ability to utilize the tax benefits from cost segregation and depreciation.

Fri, July 26, 2024

Walgreens Closures, CRE Brokerage Class, CRE Conference This Fall (Office Hours)

Key Takeaways: Walgreens is closing a significant number of its US stores, up to 25% of profitable locations, due to an unsustainable pharmacy model. This presents potential opportunities to acquire vacant Walgreens properties in good locations. Tyler advises against buying dollar general stores due to their short lease terms and potential for location obsolescence. Cauble is launching a commercial real estate brokerage mastermind and a 12-week course to teach foundational knowledge for new brokers. We discuss financing strategies for commercial real estate, including using commercial lines of credit and equity in existing properties. Tyler discusses his views on the affordable housing crisis in Nashville, suggesting government incentives and higher density rezonings as potential solutions. Cauble is planning a commercial real estate conference in Nashville in October with keynote speakers, breakout sessions, and exclusive content for his accelerator group.

Wed, July 24, 2024

Developing Negotiation Skills in Commercial Real Estate Pt. 1 | Investors Round Table

Key Takeaways: Gather specific market data and property information to strengthen your negotiating position Determine your walkaway price and other non-negotiable terms before entering negotiations Use strategic questioning to uncover the other party's motivations and find common ground Employ tactics like tactical empathy, flipping the script, and asking "how am I supposed to do that?" to change the dynamics of a negotiation Be transparent and willing to share your experiences, both successes and failures, to help others learn

Mon, July 22, 2024

Valuing Commercial Properties | Brokers Round Table

Key Takeaways: Commercial property valuation involves considering many factors beyond just the cap rate, including rent roll, tenant credit, market trends, population growth, and development costs. Filling information gaps through networking and direct communication is crucial, as data sources like CoStar may not always be accurate or complete. Sudden changes in the market, like interest rate spikes, can significantly impact property valuations and require frequent re-evaluation. Diversifying risk by having multiple tenants in a property is important, rather than relying on a single large tenant. Experienced investors who have been through real estate cycles are valuable, as they can better anticipate and manage risks.

Fri, July 19, 2024

Landglide, Working with Contractors, Exchanging Resi for Commercial (Office Hours)

Key Takeaways: Tyler hired an office manager to help run his company and is planning to hire a sales manager next to lead the brokerage team. He is planning a commercial real estate conference in Nashville in October, with exclusive content for his serie accelerator members. Tyler is conducting final interviews this week to select an apprentice for his company. Tyler recommends using apps like LandGlide and CRS Data for real estate research and analysis. He advises getting an experienced partner or consultant when doing new construction projects to avoid issues with contractors. Tyler is open to joint ventures outside his state, but prefers to work with his accelerator students he knows well. He suggests selling residential rental properties and 1031 exchanging into commercial real estate for more passive income and tax benefits.

Wed, July 17, 2024

How Matt Built a $25m Commercial Real Estate Portfolio PART TIME

Key Takeaways: Building a commercial real estate portfolio part-time is possible with hard work, networking, and assembling the right team. Thorough due diligence on leases, tenant estoppels, and debt is critical in commercial real estate investing. Partnerships can be valuable in commercial real estate, but it's important to fully understand the deal and have everything documented. The benefits of commercial real estate investing, like forced appreciation and velocity of money, can outweigh the challenges compared to residential investing. Balancing financial goals with emotional well-being and having adequate liquidity/reserves is important when scaling a real estate portfolio.

Mon, July 15, 2024

What Every Business Needs to Know before Signing a Lease Pt. 3 | Brokers Round Table

Key Takeaways: Thoroughly evaluate the landlord and property management to avoid issues down the line, such as delayed repairs or non-payment of broker commissions. Conduct thorough due diligence on the property, including permitting, construction, and utility access, to ensure the space meets your needs. Negotiate lease terms strategically, focusing on more than just the rental rate and considering factors like renewal options and additional fees. Avoid a "take it or leave it" mentality during negotiations and instead seek common ground to reach a mutually beneficial agreement.

Fri, July 12, 2024

Matt Aitchison on Syndications and Boutique Hotels

Key Takeaways: Transitioning from residential to commercial real estate investing takes time, patience, and the right mindset. It's not an overnight process. Raising other people's capital can be a great way to get started in commercial real estate, but you need to be very diligent in your underwriting and risk mitigation. Getting into boutique hotels can be challenging, with issues like labor shortages and operational complexities. Focusing on larger hospitality assets with more economies of scale can be beneficial. Building brand loyalty and creating unique experiences for guests are important in the hospitality business.

Wed, July 10, 2024

Determining GP Splits, Leasing Big Box Retail, Leasing Flex Space (Office Hours)

Key Takeaways: Office space has evolved significantly, shifting from traditional to open floor plans to remote work, similar to the changes seen in retail Cauble is hiring for an office manager and integrator roles at his company Cauble is organizing an in-person commercial real estate conference in Nashville this fall Cauble and Logan Freeman are launching a commercial real estate brokerage mastermind on October 1, 2024 Cauble provided advice on calculating GP percentage for capital raises, the importance of having an active role when raising capital, and the challenges of wholesaling commercial real estate compared to residential Cauble emphasized the value of gaining experience working at another brokerage before starting your own, and the need to prioritize your skills and goals when considering running a brokerage Cauble provided tips on tenant selection, including being cautious of auto mechanics and thoroughly vetting potential tenants

Mon, July 08, 2024

Ashley Tison on The Latest with Opportunity Zones

Key Takeaways: Opportunity zones are still active and viable, despite some thinking the program has expired The biggest benefit is the ability to defer capital gains taxes until 2026 and then potentially avoid them entirely if the investment is held for 10 years Investors can set up a qualified opportunity fund (QOF) to hold their investments and get the tax benefits, rather than having to invest directly in a property The QOF structure provides flexibility, as investors can buy and sell properties within the fund without affecting the 10-year holding period Opportunity zones can also be used for estate planning purposes to avoid or minimize estate taxes

Fri, July 05, 2024

What Every Business Needs to Know before Signing a Lease Pt. 2 | Brokers Round Table

Key Takeaways: Tenants want certainty and predictability in their lease costs, but landlords cannot fully provide this due to unpredictable expenses. Triple net leases are the most common structure, especially in retail, as they hold landlords accountable and provide transparency for tenants. Lease negotiations require careful attention to key terms like rent escalations, security deposits, operating expenses, and environmental liability. Involving both a commercial real estate broker and an attorney is crucial to navigate the complexities of commercial leases and protect the tenant's interests.

Wed, July 03, 2024

Resi to Commercial Brokerage, Finding Data, Banks Hate Ground Leases? (Office Hours)

Key Takeaways: Tyler is working on a boutique hotel project called Salt Ranch and is providing video updates on the project's progress. Cauble is also running an apprenticeship program at Peerless Mill and is in the process of reviewing applications and scheduling follow-up calls. Cauble emphasizes the importance of networking, cold calling, and personal effort in commercial real estate rather than relying heavily on software and technology. He advises aspiring commercial real estate investors to "just do it" and make the leap, finding a mentor and getting hands-on experience. Cauble discusses strategies for evaluating sites, maximizing cash flow, and educating tenants on triple net leases. He also shares his perspective on why banks are hesitant to finance properties with ground leases.

Tue, July 02, 2024

What Every Business Needs to Know before Signing a Lease Pt. 1 | Brokers Round Table

Key Takeaways: Commercial leases are much more complex than residential leases, and everything is typically negotiable New business owners should assemble a team of professionals (broker, attorney, lender, etc.) to help them navigate the leasing process Determining the right amount of space for your business can be challenging, so it's important to physically tour spaces and get a sense of the space needs Landlords typically prefer longer-term leases (5+ years) but may be willing to do shorter terms for new businesses if they have a solid business plan Having a detailed business plan can help differentiate your business and give the landlord confidence in your ability to succeed

Fri, June 28, 2024

What’s Going On?| Investor Round Table

Key Takeaways: Commercial real estate brokers are on the front lines of the industry and know market conditions well since they are directly dealing with transactions. While transaction volumes have significantly declined, there are still good investment opportunities available for those willing to get creative and work hard. Sale leasebacks can provide liquidity to cash-strapped businesses and are a way for investors to secure properties with negotiated lease terms already in place. This reduces risk compared to other deal types. When markets are downturns, it's a good time to focus on growing your business and positioning yourself for future success once conditions improve.

Wed, June 26, 2024

Single Tenant QSRs, Off vs. On-Market Properties, CCIM for Analysts (Office Hours)

Key Takeaways: Commercial brokers can provide value by knowing their local market extremely well, including tenants, rental rates, and vacancy times. This allows them to be a trusted resource for investors. Affordable housing development faces challenges from lack of understanding and resistance from some politicians and governments. Micro apartments and efficiency units can help address affordable housing needs, though securing approvals can be difficult. Commercial real estate investing strategies like value-add deals may be better for wealth building than passive triple net lease properties. Alternative sources of financing like other SBA lenders or hard money loans should be explored if initial financing options have high rates. Opportunity zones can provide tax benefits but have been criticized for uneven distribution of benefits across qualified areas.

Mon, June 24, 2024

Bert Matthews on Constructing a Real Estate Empire

Key Takeaways: Commercial real estate development has played a major role in transforming Nashville over the past few decades, especially increasing residential units downtown. Economic downturns are challenging but can make developers more resilient if they navigate difficulties successfully. Smaller, neighborhood-focused projects face hurdles in securing financing from conservative lenders but may be viable with the right partners and equity. Studying how other cities developed, like comparing Nashville to Atlanta, can provide insights into a city's long-term growth potential. Developers have a responsibility to consider how projects will impact the surrounding community and environment over generations. Starting in commercial real estate requires finding ways to cover living expenses while gaining experience and determining the right niche or specialization.

Fri, June 21, 2024

Rezoning Land, Creating Financing, AI in CRE (Office Hours)

Key Takeaways: Tyler provides a process for determining if a value-add commercial real estate deal is good using price per square foot and cap rate calculations. Creative financing strategies like vendor financing may be possible but require careful consideration of costs and risks. When replacing roofs for triple net tenants, it's best to have reserves rather than expecting rent increases to directly offset costs. Choosing the first tenants for a new retail property requires understanding the existing and desired tenant mix for the location and demographic. Community engagement is important for successful rezoning approvals through understanding neighborhood needs and crafting an aligned project. AI can help with small contract changes if its implications are understood, but an attorney is still typically needed for major legal documents.

Wed, June 19, 2024

Meg Epstein on Scaling a Real Estate Development Firm

Key Takeaways: The importance of building a track record through completing multiple successful real estate development deals from start to finish. Partnering with other developers on deals as a way to gain experience without having all the capital. Cold calling institutional investors and differentiating product offerings to scale up from friends and family money. Finding niche asset classes that are undersupplied to take advantage of demand and pricing opportunities. Returning calls and following up on potential opportunities even if they don't seem like a fit initially. Gaining exposure to deals through a career in real estate brokerage before pursuing development.

Mon, June 17, 2024

Single Tenant QSRs, Off vs. On-Market Properties, CCIM for Analysts (Office Hours)

Key Takeaways: Inflation is significantly impacting QSR tenants, so it's important to consider risks for single-tenant net lease investments in that sector. Relationships with local authorities, neighbors, contractors, and banks are critical for successfully developing commercial properties. Off-market deals can offer better terms than on-market listings, but creative thinking allows finding value in on-market properties as well. Handling difficult situations professionally, such as by negotiating solutions during COVID-19, can turn problematic relationships into valuable partnerships over time. Commercial real estate investing offers various opportunities, from rehabilitating mills to partnering on sale-leaseback deals to developing education programs.

Fri, June 14, 2024

Structuring Real Estate Partnerships (Roles, Equity, Responsibilities) Pt. 2 | Investor Round Table

Key Takeaways: It is important to align goals and ensure congruence in objectives and strategies with any potential partners before investing in a project together. Not being on the same page can lead to problems down the road. Properly assessing and managing risk is critical, including understanding different types of risks, likelihood of occurrence, potential impact, and having a clear risk management plan. Partnership agreements should thoroughly address potential issues like buyout provisions, processes for resolving disputes, and responsibilities in worst case scenarios to protect all parties. When evaluating deals, it is important to consider both the existing risk-adjusted cap rate as well as the potential for value add and equity creation through the execution of a business plan.

Wed, June 12, 2024

The Best Types of Industrial Real Estate for Beginners

Key Takeaways: Flex space and light assembly spaces are versatile options for beginner industrial real estate investors due to their ability to accommodate various business needs. Cold storage demand is increasing and it offers stable tenant retention, making it a valuable investment despite potential challenges finding new tenants. Industrial outdoor storage provides cash flow, versatility, low maintenance costs, and potential for future growth, making it a good entry point for beginners.

Fri, May 31, 2024

NEW: Apprenticeship Available, Renewing Tenants, and More (Office Hours)

Key Takeaways: Commercial real estate investment opportunities like industrial/outdoor storage, flex space, and sale-leaseback deals can provide good returns It's important to build relationships with tenants and be a good landlord to secure longer lease renewals Gaining hands-on experience through apprenticeships or working for developers is very valuable for learning the business Having a solid operating agreement is critical when partnering or joint venturing on deals to protect all parties Educating oneself on commercial real estate fundamentals and advanced strategies through resources like CRE Central can help aspiring investors get started Focusing on the benefits of projects rather than just features helps gain support from municipalities and communities

Wed, May 29, 2024

Negotiating Tenant Improvement Allowances | Brokers Round Table

Key Takeaways: Tenant improvement allowances can vary significantly based on property type, market conditions, tenant needs and landlord requirements. Restaurant and medical space TI deals tend to be more complex with higher costs than other property types. It's important for all parties, especially landlords, to have realistic expectations about TI budgets and costs. Treating certain capital improvements as capital expenditures rather than TI can make deals more attractive to sophisticated institutional landlords. Using market data and net effective rent calculations helps determine if a tenant's TI request is reasonable or aligned with market rates. Understanding motivations is key for brokers to negotiate effectively and find creative solutions in TI negotiations. Communication, setting clear expectations, and bringing value beyond just order-taking are important skills for brokers handling complex TI deals.

Mon, May 27, 2024

How to Find The Best Industrial Real Estate Investments

Key Takeaways: Using both online and offline strategies is important for finding the best industrial real estate investment opportunities. This includes utilizing platforms, networking, and direct exploration. Building relationships with local brokers, attending industry events, and networking can provide valuable insights and access to hidden deals. Consulting local economic development agencies and understanding their programs/incentives can help align investments with regional growth areas. For auctions, it's important to understand the dynamics, research property history, and set clear budget limits beforehand. Direct outreach to property owners through personalized messages can open doors to potential off-market deals.

Mon, May 20, 2024

Determining Maximum Allowable Offer, Partnering with Older Investors, and More (Office Hours)

Key Takeaways: Determining maximum offers on commercial properties involves calculating cash-on-cash returns and internal rates of return to set pricing. Personal guarantees and clear communication about lease clauses are important for protecting landlords. Partnering by providing sweat equity in exchange for a small equity stake can be a good way for new investors to gain experience without financial risk. Focusing investments on cash flow in addition to wealth building helps mitigate risk from having low cash reserves.

Fri, May 17, 2024

Commercial Real Estate Tech: Neighbor | with Nate Smoyer

Key Takeaways: Neighbor.com presents an opportunity for commercial real estate investors to monetize unused or underutilized space in their properties through vehicle and equipment storage. This can provide significant recurring income. Storage occupancy rates remain high nationally, but some markets like the Sunbelt are leveling off while others like New York and California continue strong growth. Converting office space directly to residential is challenging and unprofitable in most cases, but converting to self-storage has low capex requirements and high potential returns. Multifamily and other commercial properties often have 20-30% of interior storage units and parking spaces sitting unused, representing an opportunity to work with Neighbor and increase net operating income. Neighbor's platform allows operators flexibility through customization and month-to-month rentals while still providing predictable recurring income streams.

Wed, May 01, 2024

Niching Down, Working with a Mentor, and More (Office Hours)

Key Takeaways: Tyler is focusing more on YouTube and investments as his full-time work, building out a YouTube studio and launching new educational programs. Networking and building relationships are important for opportunities like joint ventures, mentorship, and career growth. Due diligence is important when purchasing properties to understand environmental risks and market saturation. Starting focused on one commercial real estate niche helps build a strong foundation before diversifying. Hiring the right people like an investor relations person can help scale a real estate business more effectively.

Mon, April 29, 2024

12% Returns without Buying Real Estate

Key Takeaways: Hard money lending offers consistent returns of 10-12% due to steady demand from real estate investors needing quick financing. Demand for hard money loans is expected to remain high in 2024 due to interest rates at banks being not too far below hard money rates now. Hard money lending provides flexibility and speed that traditional bank loans lack, while still offering decent returns. Investors are shifting capital from equity investing to hard money lending funds that guarantee returns like 10%. Hard money lending can be started with as little as $50,000-$100,000 and successfully scaled up over time.

Fri, April 26, 2024

Structuring Real Estate Partnerships (Roles, Equity, Responsibilities) Pt. 1 | Investor Round Table

Key Takeaways: Partnerships can help scale up operations but also introduce complexity and risk It's important to clearly define roles and responsibilities in a partnership and put them in writing Equity splits depend on each situation and should be based on a fair assessment of each partner's value Replacing partnerships with debt when possible can help keep more upside for yourself while mitigating risk Doing due diligence on potential partners is critical to avoid issues down the line

Wed, April 24, 2024

March CRE Brokerage Business Review with Logan Freeman

Key Takeaways: Tyler and Logan are launching a Brokers Mastermind program to provide coaching and training to commercial real estate brokers. Both Tyler and Logan's brokerage businesses had a challenging Q1 and did not meet their sales goals. Prospecting more through activities like flyer distribution and cold calls is important to generate more leads and deals. It's important to track metrics like time to close, average value by deal type, and allocate time and focus to the most lucrative deal types. Generating leads through content marketing and branding on platforms like LinkedIn and YouTube in addition to prospecting is important to keep pipelines full.

Mon, April 22, 2024

Is Office Really Doom & Gloom, Residential to Commercial Investing, and More (Office Hours)

Key Takeaways: Tyler is optimistic about the office sector and believes it will bounce back in 5-10 years as existing office buildings are converted or torn down. He thinks this will lead to a lack of supply. Tyler is developing a boutique hotel project and will be documenting the process to share monthly updates. This could provide useful insights for others interested in similar projects. Tyler fired his original contractor on the Salt Ranch project and had to get his attorney involved to get permits transferred to a new contractor. This highlighted potential issues with permits being in the contractor's name. Tyler sees potential in industrial, flex, and neighborhood commercial real estate in Nashville, particularly in undervalued areas like East Nashville and Madison. Tyler gave advice on wholesaling commercial real estate versus residential and partnering for first development projects.

Fri, April 19, 2024

Buying Real Estate Without Being A Landlord

Key Takeaways: Hiring a third-party asset manager allows real estate investors to take a step back from active ownership responsibilities while still maintaining control and earning income from their investments. Asset managers serve as the CEO of the property portfolio, handling execution, optimization, and strategic direction to meet the owner's goals. Asset managers assess properties, identify issues, and establish action plans to improve performance, maximize returns, and ensure smooth operations. Regular reporting from the asset manager keeps owners informed without overwhelming them with non-essential details. Hiring an asset manager typically makes sense once a portfolio grows beyond 20-100 units in size or complexity. Asset managers can optimize operations, enhance returns, and add value beyond just maintaining the status quo. Interviewing potential asset managers to understand their experience, systems, transparency, and track record is important for finding the best fit.

Wed, April 17, 2024

Investment Opportunities, Finding Land to Develop, and More (Office Hours)

Key Takeaways: Tyler discussed new investment opportunities through his syndication platform and encouraged listeners interested in investing to contact him. He shared stories from deals he has filmed for his YouTube series to provide a full picture of deals beyond just the outcomes. Adaptive reuse of vacant office space into flex/industrial space was highlighted as a good opportunity currently. Networking and using YouTube has become a major part of Tyler's business and how he sources deals and clients. Markets like Chattanooga, Greenville, Asheville, and Huntsville were mentioned as up-and-coming smaller markets to watch. Deals can take a long time, with one of Tyler's taking 3 years already, so having multiple deals and projects helps stay motivated during long timelines.

Mon, April 15, 2024

Commercial Real Estate Investment Sales Pt. 3 | Brokers Round Table

Key Takeaways: - It's important to price listings realistically based on market data to avoid getting a reputation for overpricing properties. Sellers may need to hear from multiple agents before accepting a fair market price. - Ask sellers questions upfront about their goals and how they want the property marketed to develop the best strategy. Different sellers have different preferences like privacy. - Cultivate relationships with potential buyers over many years to have a ready list to market listings to. Taking listings to many buyers helps strengthen negotiations. - Rely on market data and logic in negotiations rather than high pressure sales tactics. Commercial real estate is about problem solving creatively for all parties.

Mon, April 08, 2024

Designing a Recession Resilient Commercial Real Estate Portfolio | Investors Round Table

Key Takeaways: Multifamily real estate, especially existing Class B and C properties, can be recession resistant due to people always needing a place to live Healthcare real estate like medical offices is also recession resistant as people will continue needing medical care Grocery-anchored shopping centers can perform well in recessions as people still need to buy groceries and other daily goods It's important to underwrite conservatively, scrutinize tenants, and focus on acquiring assets that can withstand economic downturns through flexible leasing terms and creditworthy tenants Strategies like locking in long-term fixed-rate debt ahead of potential downturns can help make portfolios more recession-proof

Fri, April 05, 2024

Creative Financing Strategies for Commercial Real Estate (No Banks Needed)

Key Takeaways: - Seller financing, joint ventures, crowdfunding, and lease-to-own arrangements are alternative financing strategies that can be used to purchase commercial real estate without relying solely on traditional bank loans. - These strategies can help circumvent strict bank qualification requirements like credit scores, cash reserves, and experience. - Factors like current finances, experience level, the seller's situation/motivation, and flexibility needs should be considered when choosing a financing strategy. - Being creative and persistent can open doors to capital beyond just banks to start building a commercial property portfolio.

Wed, April 03, 2024

Investing in Retail Centers, City vs. Brokerage Firm, and More (Office Hours)

Key Takeaways: Tyler gave a talk on building a personal brand at a conference and is preparing for another talk at Brandon Turner's REI Summit about how to get started in commercial real estate. He recently got approvals to start construction on his boutique hotel project called Salt Lick Ranch in East Nashville after two years of working on it. He is considering hiring another assistant to help with community engagement and daily tasks. He answered various questions about financial modeling, shopping centers vs apartments, deal flow generation, and other commercial real estate topics based on his experience.

Mon, April 01, 2024

Commercial Real Estate Investment Sales Pt. 2 | Brokers Round Table

Key Takeaways: - Charging for brokers opinions of value (BOV) can help ensure brokers put more time and effort into the analysis, and get clients more invested in working with them. - A BOV should include an in-depth analysis of the property through site visits, comparable property research beyond just Costar data, and a comprehensive written report. - Presenting BOV work as having value for the client's needs, rather than just doing it for free, helps establish the broker's professional expertise and value proposition.

Fri, March 29, 2024

The Easiest Commercial Property for Beginners to Own

Key Takeaways: Flex spaces are one of the easiest commercial real estate assets to own, with low vacancy rates and high demand Developing flex spaces can be profitable if land costs are below $5/sqft and building costs are around $136/sqft Underwriting deals with an 8-9% cap rate upon completion and an exit at a 7% cap rate can provide good returns Selling deals allows investors to complete more deals over time for higher returns than refinancing Flex warehousing provides easier ownership than multifamily due to triple net leases

Wed, March 27, 2024

Thoughts on The NAR Ruling, $ Needed to Get Started, and More (Office Hours)

Key Takeaways: Tyler discussed the recent NAR ruling on real estate commissions and how it may impact home buyers and sellers. He had mixed views on the ruling. Tyler shared updates on his recent trip to Buffalo and some of his upcoming speaking engagements and projects he's working on. In the Q&A portion, Tyler provided advice to various commercial real estate questions from listeners regarding development projects, land ownership structures, and strategies for new investors.

Mon, March 25, 2024

Commercial Real Estate in Distress? How to Win (Investors Round Table)

Key Takeaways: - There will likely be distressed commercial real estate opportunities coming up, but it may not be as widespread or at "pennies on the dollar" prices as some headlines suggest due to the large amount of capital on the sidelines looking to invest. - Distressed opportunities will be very market-specific, with some markets like San Francisco facing more issues than growth markets like Dallas, Nashville, etc. - Finding distressed deals may involve working directly with banks on problematic assets they want to offload, or approaching distressed owners directly for off-market deals. - When evaluating distressed deals, it's important to underwrite the fundamentals of the specific property and market to identify upside potential.

Fri, March 22, 2024

February CRE Brokerage Business Review with Logan Freeman

Key Takeaways: Commercial real estate transactions seem to be picking up based on the data Logan and Tyler presented from their brokerages. Pipeline values and number of deals are increasing. It's important for brokerages to track key performance indicators and visualize data to understand where opportunities exist to improve. This helps brokerages be more strategic. Developing an ideal customer profile helps brokerages understand who to target and how to craft their messaging. It also acts as a screening tool for opportunities. Communication and sharing data visually with the team is important for motivation, accountability and understanding the brokerage's progress and goals. Utilizing tools like CRMs, dashboards and email marketing can help brokerages improve processes and track leads better.

Wed, March 20, 2024

Masterminds, Software, Partnering with Sellers (Office Hours)

Key Takeaways: - Tyler provided updates on projects being worked on at Peerless Mill, including a second version of the Wash project and plans for industrial outdoor storage. - He discussed upcoming events like CCC in Nashville on April 25th and his guest appearance on Brandon Turner's coaching call on April 28th where he will discuss getting started in commercial real estate. - Tyler answered questions about mastermind groups he finds valuable, partnering with sellers, and cap rates for self storage properties. He emphasized looking at the experience and track record of investment sponsors over projected returns.

Mon, March 18, 2024

1Q24 Retail Market Update with Tyler Brock

Key Takeaways: - Retail occupancy in Nashville is above 97%, showing retail's resiliency despite challenges like the pandemic - Rents have been increasing, currently averaging around $27 per square foot but higher in areas like East Nashville - Investment sales of retail properties have been occurring, though development of new retail space remains low at around 1.1% of total inventory - Mixed-use and smaller footprint retail spaces around 5,000-10,000 square feet have been more attractive to tenants and landlords

Fri, March 15, 2024

5 Takeaways for ALL Landlords from WeWork's Epic Fall

Key Takeaways: Be wary of overly optimistic financial projections that are not supported by strong fundamentals in the current business model Balance visionary leadership with experienced operations Rigorously stress test tenant demand and credit risks when assessing viability Diversify your tenant base across different industries and company sizes Trust your calculated underwriting thresholds and don't get caught up in hype when negotiating deals

Wed, March 13, 2024

Sale Leasebacks, Warehouse for Beginners, Land Entitlement | (Office Hours)

Key Takeaways: - Tyler is focusing more on YouTube content and livestreaming to educate people about commercial real estate. He's seeing good growth and engagement on certain videos. - His salt ranch development project is nearing completion of permitting but has faced delays from the city. - He's working on an exciting lease deal at the Peerless Mill property in Chattanooga. - CCC Nashville, a major commercial real estate networking event, is being launched in April that Tyler thinks will be very beneficial for people in the industry.

Mon, March 11, 2024

Commercial Real Estate Tech: Crexi | with Nate Smoyer

Key Takeaways: - Crexi is a leading commercial real estate marketplace that aims to make the commercial real estate process more efficient and accessible through their open platform and tools - They are leveraging technologies like AI to enhance listings, target users, and generate reports to help brokers and investors - Their auction platform is facilitating large commercial real estate transactions and generating interest through live bidding - Brokers should focus on transparency, communication, and collaboration when building their sales teams to best serve their clients and partners

Fri, March 08, 2024

Being Broke Is No Excuse

Key Takeaways: Commercial properties can be bought with no money down through creative deal structures like seller financing, partnering with existing owners, or raising private capital from investors. Getting a real estate license allows you to represent buyers and roll commissions into equity in deals, effectively buying in with no money out of pocket. Building skills in areas like leasing, property management, or renovation can allow you to partner with existing owners and earn equity without cash by adding value. Finding "killer deals" is a valuable skill partners will value in exchange for cash in a deal.

Mon, March 04, 2024

Has Real Estate Hit Rock Bottom?

Key Takeaways: - Commercial real estate may have hit a cyclical bottom based on signals from large firms like Blackstone that prices have dropped 15-25% from peaks - It's a good time to buy real estate if you can get a good basis and hold for the long term of 7-10 years - Investors need to focus on deals with strong historical cash flows and low-risk assumptions - Leverage will be lower around 55-60% so investors need patient capital willing to hold for the long term - Debt strategies are becoming more popular for large funds as an alternative to equity

Fri, March 01, 2024

If I Started Real Estate in 2024, I'd Do This.

Key Takeaways: The importance of taking action and gaining hands-on experience through initial real estate property purchases. Starting small and affordable with one's first investments to minimize risk while learning. Aiming for at least an 8% cash-on-cash return from investments. Improving real estate investing skills over time through additional purchases and focusing on areas like deal analysis, financing, and property management. Treating real estate investments like a business by implementing systems, building a team, and focusing on cash flow, appreciation, and cost basis. Specializing in a niche market by conducting research on opportunities and becoming an expert in a targeted area.

Wed, February 28, 2024

Deals Under $250k, Best Property for Beginners, Finding NNN Tenants (Office Hours)

Key Takeaways: Tyler discussed looking at commercial properties under $250k, such as a 2500 sqft warehouse near Houston for under $250k that could provide a 10% cap rate. This shows opportunities exist for lower budget investors. He emphasized the importance of networking to find deals and partners, such as through events like CCC. When asked about first-time commercial investments, Tyler recommended flex space, self storage, or other trending property types that may be easier to find investors for. He provided advice on funding options even with poor personal credit, such as partnering with heavier investors or syndicating deals. Tyler discussed opportunities in converting non-traditional properties like car washes into alternative uses like restaurants or micro-units.

Mon, February 26, 2024

Commercial Real Estate Investment Sales Pt. 1 | Brokers Round Table

Key Takeaways: Cultivating relationships with banks, lenders, special servicers is important for finding distressed property opportunities Networking groups like ULI, SIOR, and CREDO are good ways for brokers to meet developers and other professionals Specializing in a specific asset class or market allows brokers to become experts and better compete against generalists There are pros and cons to both small independent teams and larger brokerage teams, and brokers need to choose what aligns with their goals and personality Prospecting for off-market sellers requires manually calling owners and being discreet to maintain privacy for existing businesses

Fri, February 23, 2024

The 10 Best Real Estate Markets for Investors in 2024 (& What to Buy)

Key Takeaways: The top 10 real estate markets for 2024 based on the Urban Land Institute's emerging trends report, with a focus on investment opportunities in each market. Seattle, Raleigh-Durham, San Antonio, Boston, Austin, Atlanta, Dallas-Fort Worth, Phoenix, and Nashville are highlighted as top markets. The best investment opportunities highlighted include industrial facilities, multifamily housing, creative office spaces, life sciences lab spaces, and mixed-use developments.

Wed, February 21, 2024

CRE Investing Tips: From Off-Market Finds to Offer Negotiations (Office Hours)

Key Takeaways: Provided updates on several real estate projects including a hotel development and challenges with permitting. Discussed plans to launch a commercial real estate mastermind program and is seeking input on how to make it successful. Also mentioned writing a second and third book and is building a book launch team. In answering questions, provided advice on strategies for finding off-market deals, making offers, and networking through organizations.

Mon, February 19, 2024

January CRE Brokerage Business Review with Logan Freeman

Key Takeaways: Tyler and Logan started a new podcast segment to discuss their brokerage businesses each month for accountability and to provide insight into running commercial real estate businesses. Tyler's brokerage did $1.35 million in sales in January, lower than their quarterly goal but they have $56.6 million in active pipeline deals. They track metrics like leads, active deals, pipeline value and sales in Hubspot to monitor performance. Logan's brokerage aims to do $55 million in sales this year and has $23 million in active pipeline deals to work towards hitting their goals.

Fri, February 16, 2024

Is Real Estate Still a GOOD Investment?

Key Takeaways: Real estate investing in 2024 will require more work but also offer more potential rewards compared to recent years Top markets for investment opportunities include Nashville, Raleigh, Durham, Austin, Phoenix, Dallas, Fort Worth, Atlanta due to job and population growth Industrial, multifamily, and retail sectors maintain positive outlooks while office faces challenges from remote work Target economically vibrant cities and future-proof buildings that can accommodate different tenants Maintain rigorous underwriting and stress tests for deals Look for off-market and distressed opportunities for lower prices Be patient and selective with deals as the market goes through a repricing period

Wed, February 14, 2024

Finding Tenants, Starting in Brokerage, and More (Office Hours)

Key Takeaways: Leasing commercial properties can be challenging for beginners but there are strategies like hiring a professional leasing team or directly marketing to potential tenants. It's important to have a clear buyer profile with specifics like location, size, age of building, etc. when working with commercial brokers to find off-market deals. Getting initial estimates from contractors can help evaluate the viability of flex space/mixed-use development projects before committing to full construction plans. Events like mastermind groups are valuable for networking and learning best practices from other experienced commercial real estate investors.

Wed, February 07, 2024

Reviewing a Flex Industrial Development Project (Office Hours)

Key Takeaways: Alec is developing a 10,000 square foot flex industrial building near an airport in Spotsylvania, Virginia It's important to do market research and comps to understand achievable rental rates in the area Construction costs can vary significantly depending on location, but Alec has estimated a cost of around $112 per square foot for this project Due diligence like geotechnical surveys and understanding local permitting/fees is critical for development projects Creative financing strategies like seller financing and walking debt can help fund development costs

Mon, January 29, 2024

Becoming the Bank with Brandon Thornberry and Will Coleman

Key Takeaways: - Hard money lending can be a good alternative investment for earning higher returns than traditional banks, especially as banks become more restrictive. Private lenders like Urban Gate Capital can close loans faster. - Urban Gate Capital has funded over 300 loans totaling over $33 million by structuring an evergreen debt fund to efficiently raise and deploy capital. - They emphasize conservative underwriting by ensuring loans are secured and they can recover principal if needed. Foreclosures have been rare. - Hard money can help bridge gaps for commercial deals like Peerless Mill when traditional financing falls through. Terms like interest-only can make cash flow work better. - Finding quality operators is important, as most issues have come from operator performance, not property issues.

Wed, January 24, 2024

I'll Partner with You, Where to Find Investors / Partners, and More (Office Hours)

Key Takeaways: Tyler recommends taking 30 days off work each year from December 15 to January 15 as it is typically the slowest time for commercial real estate. He provides advice on getting started in commercial real estate in Nashville in 2024, recommending learning as much as possible, networking, and potentially partnering on a first deal. Tyler discusses some of the challenges he faced with a hard money loan for a house flip where the borrower filed for bankruptcy. He recommends bringing 25-30% of the purchase price as a down payment for a commercial property acquisition and discusses strategies for raising funds from investors. Tyler outlines some of his goals for 2022 which include producing educational content, releasing new courses, and bringing a commercial real estate networking group to Nashville.

Wed, January 10, 2024

Looking Back on Real Estate in 2023 (Investors Round Table)

Key Takeaways: - 2023 was a challenging year for commercial real estate with rising interest rates and economic uncertainty - Investors are focusing more on stable asset classes like multifamily and industrial properties - Creative deals and alternative asset classes may provide more opportunities going forward - Accessing private/hard money lending could be attractive given current rates - Insulating portfolios from downturns and having a long-term approach will be important strategies for 2024 https://www.tylercauble.com/podcast/episode185

Mon, January 08, 2024

10x Your Real Estate Game with The Right Attorney with Justine Moreau

Key Takeaways: - It's important to hire an experienced real estate attorney who understands commercial leases and transactions. Referrals from others in your network can help find the right fit. - When reviewing a lease, pay close attention to ensuring the tenant is creditworthy, the lease terms actually make it a true triple net lease, and that there are no early termination rights for the tenant. - Getting an estoppel certificate directly from the tenant is important to verify the status of the lease and rent payments from their perspective. - Assignment and sublease provisions should ensure the landlord retains control over any future tenants in the space. https://www.tylercauble.com/podcast/episode184

Wed, January 03, 2024

Creating Consistent Deal Flow of Commercial Properties (Investors Round Table)

Key Takeaways: - Having a systematic approach to building and maintaining relationships with brokers, property owners, and other industry professionals to generate deal flow - Developing clear investment criteria focused on factors like location, demographics, property condition, to efficiently filter through deals - Using technology like Google Maps, PlaceIQ, and virtual assistants to help analyze deals at scale, but still validating data through on-the-ground research - Focusing on consistency by pursuing smaller, lower-risk deals rather than only swinging for "elephants" which are high risk and infrequent https://www.tylercauble.com/podcast/episode183

Mon, January 01, 2024

Self Storage Investing in 2024 with Ian Horowitz

Key Takeaways: - Hiring a third party asset manager can allow an owner to take a step back from day-to-day operations and focus on other goals or investments - An asset manager acts as the CEO to oversee finances and hold the property manager accountable - It makes sense to consider an asset manager once a portfolio grows to around 100-200 units - When onboarding a new asset, an asset manager will evaluate financials, goals, timelines, team members, and identify any issues or opportunities - Turning around an underperforming property requires fixing maintenance issues, improving marketing, addressing tenant complaints, and ensuring the property manager is actually completing tasks https://www.tylercauble.com/podcast/episode182

Wed, December 27, 2023

3rd Party Asset Management with Mike Taravella

Key Takeaways: - Hiring a third party asset manager can allow an owner to take a step back from day-to-day operations and focus on other goals or investments - An asset manager acts as the CEO to oversee finances and hold the property manager accountable - It makes sense to consider an asset manager once a portfolio grows to around 100-200 units - When onboarding a new asset, an asset manager will evaluate financials, goals, timelines, team members, and identify any issues or opportunities - Turning around an underperforming property requires fixing maintenance issues, improving marketing, addressing tenant complaints, and ensuring the property manager is actually completing tasks https://www.tylercauble.com/podcast/episode181

Mon, December 25, 2023

What We're Seeing in The Market Today (Brokers Round Table)

Key Takeaways: - The commercial real estate market is slowing down significantly compared to last year, with brokerage volumes down 50% or more for many brokers. - Investment sales have dried up considerably, while leasing remains more active as companies still need space. However, cap rates have risen significantly. - The office market faces uncertainty, especially for Class B properties, but Class A properties and well-located spaces are holding up better. Co-working faces challenges after WeWork's issues. - Industrial, especially Class B, remains in high demand due to limited supply. However, there is a large amount of new Class A inventory that could face vacancies if the market pulls back further. - Retail fundamentals remain uncertain but some brokers see opportunities in Class B strip centers. However, new retail development is limited after the "retail apocalypse." - The brokers plan to focus on over-communicating with clients, thinking creatively for new opportunities, growing their teams, and ramping up prospecting and business development activities in the challenging 2024 market. https://www.tylercauble.com/podcast/episode180

Wed, December 20, 2023

Commercial Real Estate Investing in 2024 (Investors Round Table)

- The real estate market is facing challenges like higher costs, difficulty obtaining financing, and uncertainty about the future. However, this also creates opportunities for investors who can find good deals. - Local politics and policies have a major impact on real estate markets, more so than who is in the White House. Investors need to pay attention to their local areas. - Expectations for investment returns will likely need to be adjusted downward, with a focus on cash flow over high IRRs. - Rising costs like insurance are major issues in addition to interest rates, making deals harder to make work financially. - 2024 may see opportunities emerge as developments from the past few years deliver properties into a difficult market environment. Having cash available will be important. https://www.tylercauble.com/podcast/episode179

Mon, December 18, 2023

New Book? Avoiding Multifamily Deals, The Numbers on Resi Construction (Office Hours)

Key Takeaways: - Tyler is taking a sabbatical from mid-December to mid-January to recharge and plan for the new year. - He is working on a book about commercial real estate investing and companion materials to help visualize deals. - For 2024, Tyler is interested in smaller neighborhood commercial properties, industrial/outdoor storage, flex space, and some residential construction. - He thinks now is not the best time to invest in multifamily due to high prices and low yields. Cap rates need to increase more before it makes sense. - Covered land plays that cash flow are appealing investment opportunities. - Networking, mailing lists, and leveraging one's platform are effective ways for investors to find deals without using expensive services like CoStar. https://www.tylercauble.com/podcast/episode178

Wed, December 13, 2023

90% Cash on Cash Returns with Self Service Car Washes

Key Takeaways: - Self-serve car washes can provide high cash-on-cash returns, often 30-90%, through improvements like adding credit card readers and changing wash timers. - Locations with high traffic and growth are ideal, as are sites that have been undermanaged and offer opportunities for operational improvements. - Common value-add improvements include updating signage, credit card capabilities, and in-bay automatic equipment. - Self-serve car washes provide diversified revenue streams from multiple bays and amenities compared to single-tenant tunnel washes. - Ongoing management involves daily cleaning, equipment maintenance, and cash handling but can become relatively passive once optimized. https://www.tylercauble.com/podcast/episode177

Mon, December 11, 2023

I'm Buying Industrial Outdoor Storage in 2024, Best Markets for Real Estate | Office Hours

Key Takeaways: - Tyler is excited about the potential of industrial outdoor storage/vehicle storage properties as covered land plays that can provide good cash flow. He discusses underwriting assumptions and marketing strategies for these types of properties. - Tyler discusses his brokerage business and some recent listings they have picked up. He also mentions a drone he recently purchased to help with property marketing photos/videos. - Tyler fields various questions from listeners about commercial real estate topics like cap rates, specific markets, leasing to certain business types like wine bars, and more. - Tyler seems optimistic about investment opportunities in 2023 and 2024, expecting some distressed selling opportunities as interest rates impact property owners. https://www.tylercauble.com/podcast/episode176

Wed, December 06, 2023

Building & Growing a Commercial Real Estate Brokerage Business (Brokers Round Table)

Key Takeaways: - It's important to find your niche and become a thought leader in your area of commercial real estate - Having the right systems and infrastructure like a CRM and calendar are crucial for staying organized - Leveraging technology like podcasts and blogs can help generate leads and position you as an expert - Building a team is important for scaling, but you need to clearly define roles and expectations - It's valuable to get experience on both the landlord and tenant representation sides of commercial real estate https://www.tylercauble.com/podcast/episode175

Mon, December 04, 2023

What Is A "Deal," Flex Space, The Future of Residential Agents (Office Hours)

Key Takeaways: - Tyler believes that while office space may decline, it will not disappear completely and flexibility will be important going forward - Flex space is a high-demand asset class with low supply due to redevelopment of existing flex properties - Commercial real estate values have already declined by around 25% and more declines may come as sellers are forced to lower prices - It's still a good time to buy commercial real estate if the numbers work, as properties will appreciate over the long run - The market is becoming more of a buyers market, which provides opportunities but will require more work to find good deals - Interest rates increasing have already slowed the commercial real estate transaction volume https://www.tylercauble.com/podcast/episode174

Wed, November 29, 2023

The Impact of Technology on Commercial Real Estate (Brokers Round Table)

Key Takeaways: Commercial real estate has been slow to adopt new technologies compared to residential real estate Prop tech (property technology) is evolving rapidly, with new tools for things like 3D scans, floor plans, analytics, and more The future of commercial brokerage is uncertain but brokers will likely still provide value as advisors on complex deals Emerging technologies like AI, AR/VR, and flexible/short-term leasing models could continue to impact the industry Data quality and accessibility remain issues, with opportunities for new platforms to improve on incumbents like CoStar https://www.tylercauble.com/podcast/episode173

Mon, November 27, 2023

How to Invest in Industrial Outdoor Storage with Ron Rohde

Key Takeaways: Industrial outdoor storage properties can provide a good covered land play through cash flow from truck parking and potential for appreciation through different exit strategies like selling to investors, developers, or tenants. It's important to find properties in good locations near major highways and without crime or security issues when evaluating potential sites. Self-management is possible but requires flexibility and a system to efficiently handle tenant issues as they come up. Outsourcing management tasks can help scale the business. Utilities, taxes, insurance and management are the main ongoing expenses, while truck space rentals around $175/month each can provide good gross income if the property is mostly leased. https://www.tylercauble.com/podcast/episode172

Wed, November 22, 2023

Marketing Is KEY to Raising Investment Capital (Investors Round Table)

Key Takeaways: - Marketing is crucial for commercial real estate investors to raise capital and find deals - It's important to determine your target audience and understand their perspective - Building trust and credibility is important, especially without a track record of success - Consistency and quality are important in marketing, not just quantity across many channels - Telling your story through various mediums like photos, videos, newsletters is effective - Offering memorandums should clearly convey opportunity, team, risks, projections to investors https://www.tylercauble.com/podcast/episode171

Mon, November 20, 2023

Emerging Trends in Real Estate 2024 | Nashville | Urban Land Institute

- Nashville was named #1 city for emerging trends for the third year in a row, which is unprecedented - The city is investing billions of dollars in major projects like the Titans stadium, airport expansion, and East Bank redevelopment - Mobility/transit is one of Nashville's biggest challenges as it continues to grow rapidly - Office real estate is facing an existential crisis as work habits change, and will need to evolve significantly - Nashville has a shortage of affordable/attainable housing that will take continued investment to address https://www.tylercauble.com/podcast/episode170

Wed, November 15, 2023

Negotiating Commercial Real Estate Leases (Brokers Round Table)

One of the most important skills you can have in commercial real estate is your ability to negotiate leases. Whether you're a broker, business owner, or a landlord, your negotiation skills can be the difference between a successful deal and one that can come back to haunt you later. Today, we're diving into how to negotiate commercial leases, as well as some tips and tricks we've picked up along the way. https://www.tylercauble.com/podcast/episode169

Mon, November 13, 2023

Wholesaling Commercial Real Estate, Finding the Right Lender, Valuations in 2024 (Office Hours)

Key Takeaways: - Tyler's commercial brokerage is aiming to increase sales volume by 500% next year through goal setting and action plans with brokers. - Tyler takes an annual month-long sabbatical in December/January to rest and work on other projects. - The commercial real estate market outlook seems gloomy according to Tyler and other investors on the roundtable, with defaults expected to double in the coming months. - Office loan defaults are around 87-89% already, which will likely cause issues for banks. - Tyler recommends prospecting for off-market deals by handwriting letters to 600 property owners and following up quarterly for potential leads. - Tyler's underwriting process is very conservative, targeting a 12% cap rate and stress testing for downside scenarios. He is currently only looking at deals that cash flow from day one. https://www.tylercauble.com/podcast/episode168

Wed, November 08, 2023

What Type of Commercial Property Should You Buy TODAY? (Investors Round Table)

When you're first getting started in commercial real estate, it's important that you focus on a specific type of commercial property - office, retail, industrial, hospitality, etc. Doing so will allow you to go an inch wide and a mile deep so that you can better understand how that one property type works and branch out from there. But which type of commercial property should you focus on? Today, we're diving into the asset types that we like to buy and why we decided to focus on those properties. https://www.tylercauble.com/podcast/episode167

Mon, November 06, 2023

Investing in Gas Stations, Underwriting Faster, Environmental Surveys (Office Hours)

Key Takeaways: Tyler visited a large office building in Dallas that was converted into corporate co-working space and thought it showed the future of office space. He thinks gas stations, especially in rural areas, can still be a good investment even with the rise of electric vehicles since many vehicles and equipment won't be electric anytime soon. He recommends always doing a Phase I environmental report for commercial real estate deals to understand any contamination risks. He thinks value-add deals that require renovations can be a good way for first-time commercial real estate investors to build wealth faster than with passive triple net lease investments. https://www.tylercauble.com/podcast/episode166

Wed, November 01, 2023

Brokerage & Buying Deals If You're Broke with Henry Eisenstein

Commercial real estate is a capital intensive asset class, meaning it takes a lot of money to pull these deals together. But you, personally, don't have to have that cash on hand in order to pull these deals off. We're diving into utilizing commercial real estate brokerage as an income stream and how to start buying commercial real estate investments even if you're broke. https://www.tylercauble.com/podcast/episode165

Mon, October 30, 2023

Why I'm Getting My GC License, Leasing to The Govt., Marketing Space for Lease (Office Hours)

Key Takeaways: Tyler is getting his general contractor's license because he has found many general contractors to be incompetent. He is flipping his first house after the original contractor went bankrupt. He thinks Birmingham and Huntsville, Alabama are good markets to invest in. When starting in development, he recommends finding an experienced developer to mentor or partner with. For marketing commercial space, he recommends strong SEO, videos, floor plans, social media, and working with the local economic development department. https://www.tylercauble.com/podcast/episode164

Wed, October 25, 2023

Getting Started As A Commercial Real Estate Broker (Brokers Round Table)

Commercial real estate brokerage is one of the best paths to take in the commercial real estate world if you're just getting started. Not only will you learn how these deals get done from the ground up, but you'll be able to get paid doing it and make many good connections along the way if you decide to transition into the investment or development side of things. Today, the brokers talk about how they got started as commercial real estate brokers and offer their advice for anyone looking to break into cre. https://www.tylercauble.com/podcast/episode163

Tue, October 24, 2023

What I'm Bullish On Right Now, Building Relationships with Banks, & How to Find Deals (Office Hours)

Key Takeaways: Tyler is most bullish on flex industrial properties going forward due to high demand and lack of new construction. Tyler thinks interest rates could drop before the 2024 election but is planning for rates to stay higher for 12-18 months. Finding good deals is one of the most important skills for commercial real estate investors. Building relationships with sellers, lenders, brokers, and contractors is important through regular communication. A downturn in commercial real estate is anticipated in the next 6 months as consumer debt levels rise. https://www.tylercauble.com/podcast/episode162

Wed, October 18, 2023

The Tax-Saving Method Almost No One Uses (Reverse 1031 Exchange)

Imagine the reverse 1031 exchange like trading cards. You have some cool trading cards and you want to swap one card for another, but you don't want to pay any money or taxes for it. Well, that's kind of like what a reverse 1031 exchange is in real estate. https://www.tylercauble.com/podcast/episode161

Mon, October 16, 2023

Buying Land in Cash, Industrial Outdoor Storage, Is Syndication Worth It? (Office Hours)

Key Takeaways: - It can be advantageous to pay cash for land/property and then take out a construction loan against it rather than bundling acquisition and construction into one loan. This makes the financing process easier for banks. - Industrial outdoor storage is a good "covered land" investment that provides cash flow while waiting for future higher/better use development. - When evaluating value-add deals, Tyler looks for 18-22% IRR and 20% annualized cash-on-cash returns over 3-5 years. - Tyler sees opportunities in high-end residential house flipping over the next 2-3 years given the strong housing market, with margins of $50k-$150k per flip. - If Tyler had unlimited funds, he would not syndicate deals and prefer to execute them solely with partner(s) who handle the capital/financing aspects. https://www.tylercauble.com/podcast/episode160

Wed, October 11, 2023

A.I. in Commercial Real Estate

In an era driven by technological innovation, AI has emerged as a game-changer, transforming industries across the board. Let’s dive into the intriguing realm of commercial real estate and AI, uncovering how this powerful combination is reshaping the way we analyze, manage, and invest in properties. https://www.tylercauble.com/podcast/episode159

Mon, October 09, 2023

CRE Education, Importance of Financial Modeling, SIOR vs. CCIM (Office Hours)

Key Takeaways: Triple net leases are a good investment option for beginners due to lower risk. It's important for leasing agents to understand commercial real estate valuation and underwriting to negotiate better deals. Flex industrial spaces are a relatively lower risk investment opportunity currently. Building a personal brand and commercial brokerage are good business models for earning income without large capital. Micro-unit developments can lease up faster at lower risk than larger units. https://www.tylercauble.com/podcast/episode158

Wed, October 04, 2023

5 Common Mistakes in Commercial Real Estate

Commercial real estate investing is an excellent way to earn passive income and build your wealth, but it's certainly not without its challenges, especially if you’re a first-time investor. Here are 5 of the biggest mistakes I’ve seen that first-time commercial real estate investors often make. https://www.tylercauble.com/podcast/episode157

Mon, October 02, 2023

Getting Started, Is Multifamily Worth It, and Deal Structures (Office Hours)

Key Takeaways: Industrial and retail properties are recommended asset classes to invest in currently, while multifamily, office and hospitality face challenges. Flex industrial properties can still make sense to develop since demand is high and projects are pre-leasing. Deal structures can be creative, like carrying back financing from sellers, to make deals work in the current environment. Networking to find investors is important, and skills like deal sourcing and underwriting are valuable to bring to partnerships. Highest and best use analysis through a yield study can help identify future redevelopment potential on a property. Environmental reports are a cost of doing business when purchasing land, and negotiations may be needed over who pays. Building on leased land long-term is generally not recommended due to not owning the underlying asset. https://www.tylercauble.com/podcast/episode156

Wed, September 27, 2023

Raising Capital 101 (Investors Round Table)

Raising capital is never an easy feat, but it can help you scale your real estate investments and buy bigger properties than you could on your own. The investors round table discusses how they find investors, pitch these individuals / family offices / funds on placing capital in their projects, and best practices for beginners that are looking to bring private investors to the table on their deals. https://www.tylercauble.com/podcast/episode155

Wed, September 20, 2023

Investing in Flex Space (& Running the Numbers!) w/ Hamza Ali

Flex industrial is a wonderful side of commercial real estate to invest in - especially for beginners since the asset is typically easier to manage with low-maintenance tenants. Today, we're diving into everything you need to know about flex space for beginners with Hamza Ali, who is a seasoned commercial and residential real estate investor with an investment portfolio of over $270M in flex space developments in Texas. https://www.tylercauble.com/podcast/episode154

Wed, September 13, 2023

Crowdfunding Millions for Your Deals with Dr. Adam Gower

Raising capital can be tough, but it doesn't have to be. Dr. Adam Gower has helped syndicators raise hundreds of millions of investor capital through his crowdfunding platform, Gower Crowd. Today, we're diving into the ins and outs of crowdfunding for commercial real estate, how crowdfunding can help you close on you 1st or your next deal, and any challenges or pitfalls that new commercial real estate investors should be aware of when using this deal structure. https://www.tylercauble.com/podcast/episode153

Wed, September 06, 2023

9-Figure Syndicators Talk Real Estate Syndication 101 (Investor Round Table)

Collectively, this group has syndicated hundreds of millions of dollars of commercial real estate projects across the country. So today, we're diving into how we got started in syndication, the pros and cons of utilizing this real estate investment strategy, and how to get started if you're interested in syndicating your own deals. https://www.tylercauble.com/podcast/episode152

Wed, August 30, 2023

Why The Morby Method Is A Dangerous Strategy With Matt Anderson

Matt Anderson with Anderson Legal joins us today as we take a look into Pace Morby’s “Morby Method” for buying real estate investments with no money. While there are certainly many ways that you can begin to acquire real estate with no money down, this method is dangerous and could end in your loan getting called by the bank due to a default on the buyer’s part. Let’s break apart this method and why you should (probably) not take this approach. https://www.tylercauble.com/podcast/episode151

Wed, August 23, 2023

Converting Office to Apartments with Roberto Gutierrez

Roberto Gutierrez, with Jackson Builders here in Nashville, joins us today to discuss converting office space into apartment units. Is it possible? How much does it cost? Is it actually worth doing? All questions that we’ll answer today thanks to Roberto’s construction background. Get ahold of Roberto at Roberto@JBGBuilt.com https://www.tylercauble.com/podcast/episode150

Thu, August 17, 2023

Commercial Real Estate Internships with Payne Wright

Payne spent the Summer with us interning here at The Cauble Group, so we're going to dive into how he landed a commercial real estate internship, what his biggest takeaways were, and his advice for others looking to break into the commercial real estate industry. https://www.tylercauble.com/podcast/episode149

Wed, August 16, 2023

Commercial Real Estate Investing Today (Investor Round Table)

Today we're taking a look at the market outlook for commercial real estate in 2023 and beyond - will commercial real estate be an investment-worthy asset with high interest rates and lending uncertainty? This panel has syndicated hundreds of millions of dollars worth of commercial real estate and is weighing in on current state of the real estate market as we see it. https://www.tylercauble.com/podcast/episode148

Thu, August 10, 2023

Is Office The New Retail? [Broker Round Table]

Office has been going through quite a bit of turmoil recently in this post-pandemic world, similar to what retail experienced in the Great Recession with the arrival of e-commerce. Let’s dive into whether or not office is the new retail. https://www.tylercauble.com/podcast/episode147

Thu, August 03, 2023

Transitioning from Multifamily to Commercial Real Estate

Transitioning from multifamily to commercial real estate isn’t really as difficult as it may sure. Sure, there’s a bit of a learning curve there, but you have all of the fundamentals down already if you’ve been underwriting and acquiring multifamily assets. Let’s talk about the similarities between the two and how you can chase after commercial deals to find better yield in this market. www.tylercauble.com/podcast/episode146

Tue, July 25, 2023

Broker Round Table: State of the Commercial Market

Where is the commercial real estate market headed? With soaring interest rates (seemingly set to rise again), banking uncertainty, and inflation, it's certainly an interesting time for this investment class. So, I've brought in some of the best commercial real estate brokers from across North America to discuss what they're seeing in their markets and respective asset classes: Adam Williams: https://www.legacycre.com/team/adam-williams/ Chad Griffiths: https://www.naiglobal.com/agents/chad-griffiths,%20mba,%20sior/ Jesse Fragale: https://www.avisonyoung.com/professionals/-/ayp/view/jesse-fragale/in/toronto www.tylercauble.com/podcast/episode145

Thu, July 20, 2023

Matt Onofrio Pleads Guilty in $35m Bank Fraud

In January of this year, we did an episode covering the $35 million in bank fraud charges that Matt Onofrio, of BiggerPockets fame, was facing and he recently pleaded guilty to those charges. Today, I'll give you an update on the case and talk more about fraud in the real estate world. Check out today’s sponsor, CS Business Screen: https://www.csbusinessscreen.com/cauble Articles Mentioned: https://therealdeal.com/national/2023/07/15/real-estate-investor-matt-onofrio-pleads-guilty-to-bank-fraud/ www.tylercauble.com/podcast/episode144b

Fri, July 07, 2023

The Billion Dollar Lender ft. Henry Stimler

Henry Stimler is a prominent commercial mortgage broker at Newmark, specializing in multi-family debt. His team originated over $4.4 billion in debt and equity in 2021-2022. Notable deals include the Aragon portfolio for $1.85 billion, the Dasmen portfolio for $475 million, and the Cedar Grove Portfolio for $525 million. Stimler's success is attributed to his ability to pursue high-value clients, maintain an active presence in the industry, and prioritize responsiveness in his interactions. Today, we're diving into his thoughts on the current state of commercial lending and how you can approach securing debt for your investments in today's environment. www.tylercauble.com/podcast/episode144

Thu, June 29, 2023

How to Leave Your Day Job with Real Estate

Brian Luebben is an Entrepreneur, Podcaster, and Real Estate Investor out of Austin, Tx. He made it to the top of a Fortune 500 Company in their Sales Organization, only to realize quickly that living the “corporate america life” for the next 40 years was simply no longer an option. Through his podcast (The Action Academy), cash-flowing real estate, and his Media Company (Sexton Media) he now has generated enough revenue via remote income sources to earn him Financial Freedom to do what he wants, when he wants, with who he wants. This lead to him leaving his corporate job in March 2022, hopping on a one way flight, and traveling the world for 6 months straight. His new mission is to help 1,000,000 other people do the same through The Action Academy. www.tylercauble.com/podcast/episode143

Mon, June 26, 2023

The Download on NNN Investments

Triple Net (NNN) investing is a phenomenal way to grow your passive investment portfolio. Get answers to FAQs about this lucrative commercial real estate strategy in this video, whether you're a seasoned investor or just starting out. Discover the benefits of Triple Net Leases, including passive income and reduced management responsibilities. Learn about suitable property types and how to evaluate investment opportunities based on location, tenant creditworthiness, and lease terms. Gain insights into lease structures and risks associated with Triple Net Leases. We'll address common misconceptions, covering tenant responsibilities, property maintenance, and vacancy risks. www.tylercauble.com/podcast/episode142

Thu, June 15, 2023

Will Commercial Real Estate Crash The Economy?

The commercial real estate market is certainly in flux after experiencing rising interest rates, several banks collapsing, and the economic environment shifting. With trillions of commercial loans coming due in the near future, how will this impact the industry? Is the potential commercial real estate default large enough to crater our economy? www.tylercauble.com/podcast/episode141

Tue, June 06, 2023

What Is A Triple Net (NNN) Lease? [What They Are & Why They’re Different]

If you are interested in investing in commercial real estate you have probably run across the term triple net lease and wondered exactly what it is or how its different from a traditional lease. Today we’ll go over the basics of triple net leases and the pros and cons for both investors and tenants. www.tylercauble.com/podcast/episode140

Tue, May 30, 2023

Unlocking the Secrets of Real Estate Syndication: A Beginner's Guide

If you are interested in investing in commercial real estate utilizing other people’s money, a syndication may help you get your foot in the door. In this video we will run through the basics of a syndication to give you a nice, short overview of this topic. www.tylercauble.com/podcast/episode139

Tue, May 23, 2023

How to Invest in REITs (Passive Commercial Real Estate Investments)

If you’re looking to passively invest in real estate without any of the work involved in owning and running these investments, real estate investment trusts may be the way to go for you. REITs are organizations that own and operate real estate assets, such as medical office buildings, triple net leases, and shopping centers. They are required by law to distribute a minimum of 90% of their taxable income to shareholders in the form of dividends, which can make for an attractive cash flow play as a passive investor. They’re also traded much like stocks, bringing more liquidity than traditional real estate and a familiar investing process for investors. www.tylercauble.com/podcast/episode138

Tue, May 16, 2023

Can't Find Multifamily Deals Try These Alternatives

Active and passive real estate investing are two sides of the same coin that can provide you with similar returns and benefits depending on what your strategy and goals are. Here’s how to decide if you should be actively or passively involved in your commercial real estate investments. www.tylercauble.com/podcast/episode137

Tue, May 09, 2023

Can't Find Multifamily Deals Try These Alternatives

Unless you’ve been living under a rock for the last 10 years, multifamily properties are often seen as the top choice for investors looking for steady cash flow and appreciation. However, finding deals that check those boxes can be a challenge, especially when you’re in a competitive market like we are today. If you’re getting tired of grinding to find multifamily deals, it may be time to consider investing in other types of commercial real estate. www.tylercauble.com/podcast/episode136

Tue, May 02, 2023

What Is A 1031 Exchange? (In Real Estate)

The 1031 exchange is one of the most powerful tools an investor can have in their arsenal for building wealth in real estate. It can help you improve your passive income, simplify property and asset management, assist with your estate planning, diversify your portfolio, and so much more. So, let’s dive on in to “What Is A 1031 Exchange?” in the real estate world. www.tylercauble.com/podcast/episode135

Tue, April 25, 2023

How High Interest Rates Impact Commercial Real Estate

High interest rate environments can have a significant impact on the commercial real estate market. After all, most investors utilize leverage to increase their returns and an increase in borrowing costs makes that leverage more expensive for developers and investors, which decreases potential returns and, therefore, demand for new projects. Here’s how high interest rates impact the commercial real estate market.. beyond. www.tylercauble.com/podcast/episode134

Tue, April 18, 2023

Top 5 Biggest Issues For Commercial Real Estate In 2023

The last decade has been a wild ride for the commercial real estate market. While it has experienced a solid increase across the board in demand, rental rates, and more, the recent pandemic and interest rate hikes have put the asset class to the test. Here are the five biggest issues facing commercial real estate to watch out for in 2023. beyond.www.tylercauble.com/podcast/episode133

Tue, April 11, 2023

Top Commercial Real Estate Trends To Watch In 2023

The commercial real estate market is always in flux with new trends and developments emerging all the time. As we look ahead to 2023, there are several key trends we’ve identified that we feel are poised to shape the market this year and beyond. www.tylercauble.com/podcast/episode132

Tue, April 04, 2023

How To Get Into Commercial Real Estate In 2023

If you’re here, you’re probably on the hunt for a way to break into the commercial real estate game. Whether that’s brokerage, development, investment or another angle, there are a few key steps you should take to get started. Here’s how to get started in commercial real estate in 2023. www.tylercauble.com/podcast/episode131

Fri, March 24, 2023

What's Happening with Commercial Real Estate Right Now? (with Jesse Fragale)

Today's guest is Jesse Fragale - a commercial real estate broker with Avison Young and an investor in Toronto, Canada. He started investing in student rental properties a little over ten years ago and transitioned to investing multi-family apartments, which is his focus today. You can check out his podcast Working Capital The Real Estate Podcast. We're diving into the recent banking collapses, the state of the commercial real estate market, and how interest rates are impacting commercial investments. www.tylercauble.com/podcast/episode130

Tue, March 14, 2023

SVB & Signature Banking Collapse: What It Means for Commercial Real Estate

Over the last few days, both Silicon Valley Bank and Signature Bank have collapsed, causing the Feds to step in to ensure depositors in both banks don't experience losses. SVB focused more on tech startups, but Signature Bank had some serious commercial real estate holdings. Over $30 billion, according to their annual report for 2022. Will this cause a ripple effect across the commercial real estate world? www.tylercauble.com/podcast/episode129

Tue, February 28, 2023

The 5 Biggest Issues for Commercial Real Estate in 2023

The last decade has been a wild ride for the commercial real estate market. While it has experienced a solid increase across the board in demand, rental rates, and more, the recent pandemic and interest rate hikes have put the asset class to the test. Here are the five biggest issues facing commercial real estate to watch out for in 2023. www.tylercauble.com/podcast/episode128

Wed, February 15, 2023

Love It Or Leave It: Commercial Real Estate to Buy (And Avoid) In 2023

The Commercial Real Estate Investor Podcast, we're diving into which asset classes you should love and which ones you should avoid buying in 2023. www.tylercauble.com/podcast/episode127

Wed, February 08, 2023

Exploring the Intersection of Residential and Commercial Real Estate with Julia Hurley

Julia Hurley is a state politician turned Realtor with one of the top residential teams in the Knoxville area. Today, we dive into how residential and commercial real estate positively impact each other and the importance of mixed-use development for maintaining desirable communities, lessening the strain on infrastructure and growth, and how you can have an impact on local zoning codes in your area. www.tylercauble.com/podcast/episode126

Wed, January 25, 2023

2023 Emerging Trends in Commercial Real Estate | According to Urban Land Institute

The Urban Land Institute (ULI) is the leading resource for commercial real estate professionals. Each year, they release their emerging trends in commercial real estate, so we'll be diving into which cities, product types, and strategies should be on your radar as we head further into 2023. Article Referenced: https://knowledge.uli.org/-/media/files/emerging-trends/2023/emerging-trends_uscanada-2023.pdf www.tylercauble.com/podcast/episode125

Wed, January 18, 2023

Matt Onofrio: Alleged $35 Million Commercial Real Estate Fraud

Normally, I keep this channel pretty positive. I don't like to talk about other people and choose to stay in my lane, but instances like this one must be discussed to prevent future fraud and protect my audience. I've been involved with a fraudulent partner before, so I'll be reviewing Matt Onofrio's current situation and allegations, as well as pointers to help you notice and stay away from individuals like this in the future. www.tylercauble.com/podcast/episode124 Articles mentioned: https://www.marketwatch.com/story/turns-out-a-real-estate-guru-peddling-the-deal-of-a-lifetime-was-really-a-fraud-prosecutors-say-11669928059 https://www.justice.gov/usao-mn/pr/wisconsin-man-indicted-35-million-bank-fraud-scheme

Mon, September 12, 2022

Four Reasons Why The Industrial Outlook Is So Damn Good

Industrial real estate has exploded over the last cycle and doesn’t seem to be slowing down any time soon. Let’s dive into 4 reasons why the industrial outlook is so damn good. www.tylercauble.com/podcast/episode123

Mon, September 05, 2022

Investing in Real Estate Syndications | The Investors' Experience with Russ Morgan and Joey Mure

Russ and Joey share their perspective on investing in commercial real estate syndications from the investors' perspective - how to find syndications, when (and when not) to invest, and pitfalls you can avoid as a passive real estate investor. The duo run Wealth Without Wall Street, which is an online community that seeks to re-educate business owners & families how money truly works. Their goal is to teach people how to enhance savings, increase cash flow and create passive income all without the help of Wall Street. The secret to doing this is having your money work for you, not someone else. www.tylercauble.com/podcast/episode122

Mon, August 29, 2022

Investing in an Emerging Corridor (Creating Critical Mass in a Core Adjacent Corridor)

Today, Tyler talks about the Projects he has, both in development and up and running, on Dickerson Pike in Nashville, Tennessee www.tylercauble.com/podcast/episode121

Mon, August 22, 2022

The Dark Side of Build to Rent Communities (And SFR Portfolios)

The Build to Rent model has exploded in popularity this past economic cycle as institutional capital has gained the ability to finance acquisitions of entire SFR communities as if they were a single multifamily asset. Today, we're covering the problems that this investment model creates for the American consumer looking to purchase a home. www.tylercauble.com/podcast/episode120

Mon, August 15, 2022

Real Estate Syndications 101 (An Overview and How to Find Them)

Some people are DIY types. When it comes to any kind of project (including commercial real estate investing), they love the idea of “doing it yourself.” I’ve got a lot of respect for those people, but what about the rest of us? That’s probably the best way to think about commercial real estate syndications … the difference between “DIY” and “Done For You.” If you love taking the time and effort of researching a market, making calls yourself, and laying down a bit more risk, you’ll probably want to work with a brokerage, that’s DIY. If you don’t have the time for research, road work, negotiations, and paperwork, real estate syndications -- the Done For You choice in this analogy -- might be the answer. I’ll say this, if I had to start over from scratch, I’d go all in on a trusted, proven syndication. So let’s take a closer look at why I think you should invest in commercial real estate syndications, and a little advice about how to get it done right ... www.tylercauble.com/podcast/episode119

Mon, August 08, 2022

How to Decide if You're an Active or Passive Commercial Real Estate Investor

Active and passive real estate investing are two sides of the same coin that can provide you with similar returns and benefits depending on what your strategy and goals are. Here’s how to decide if you should be actively or passively involved in your commercial real estate investments. www.tylercauble.com/podcast/episode118

Mon, August 01, 2022

Should You Use Debt to Buy Commercial Real Estate?

“Debt is bad.” Most of us grow up learning and believing that statement (or something close to it) to be true. And, for the most part, it is. But like everything else in life, context is, well … everything. For example, if you came to me and told me you were unemployed, going to max out four credit cards, and ask grandpa for a loan to buy a brand new F150, I’d tell you that’s a straight up bad idea. And the “debt is bad” advice is mostly talking about just those sorts of transactions, consumer debt. But what about using debt in a different context? What if you’ve spent hours and hours researching a particular investment, a proven investment that you thought had a reasonable chance of return? What if you came to me asking whether that might be a good use of debt? Well, I always refrain from giving advice like that, but for the sake of this analogy, I might be convinced it’s a good idea. Here’s the thing… debt isn’t always bad. You have to be smart and careful in your use of it, but it can be a powerful weapon when it comes to investing in commercial real estate. www.tylercauble.com/podcast/episode117

Mon, July 25, 2022

The Dark Side of Build to Rent Communities (And SFR Portfolios)

The Build to Rent model has exploded in popularity this past economic cycle as institutional capital has gained the ability to finance acquisitions of entire SFR communities as if they were a single multifamily asset. Today, we're covering the problems that this investment model creates for the American consumer looking to purchase a home. www.tylercauble.com/podcast/episode116

Mon, July 18, 2022

What You Should Know BEFORE You Invest in Commercial Real Estate

Looking to get into commercial real estate? in this video we'll go over some of the basic things you need to know before you buy! 1) What is Commercial Real Estate 2) Commercial Lease Structures 3) Your A-Team 4) Raising Capital For Investments 5) How Much Can You Actually Make? www.tylercauble.com/podcast/episode115

Wed, July 13, 2022

When to Walk Away from A Commercial Real Estate Deal

After you've gone under contract on a property and are performing your due diligence, what should you consider a "red flag" that might make the property worth walking away from? This past week, our NNN investment team advised a buyer to walk away from a property we put under contract due to multiple red flags that arose during our due diligence process. Here's when you might want to consider walking away from an investment opportunity. www.tylercauble.com/podcast/episode114

Wed, June 29, 2022

How High Inflation and Interest Rates Will Impact Commercial Real Estate

Inflation is higher than it's been since the 80s and interest rates are on the rise. Both of these factors will have an impact on commercial real estate and its viability as an investment vehicle, but what happens when the two are combined like we're seeing today? Here's how high inflation and higher interest rates will impact the commercial real estate investment market. // Articles Mentioned: https://www.investopedia.com/terms/i/inflation.asp https://www.pbmares.com/inflation-impact-commercial-real-estate/ https://pointacquisitions.com/how-high-interest-rates-affect-commercial-real-estate/ https://www.jpmorgan.com/commercial-banking/insights/rising-interest-rates-effect-on-commercial-real-estate show notes: www.tylercauble.com/podcast/episode113

Wed, June 22, 2022

Are NNN Investments the Ultimate Annuity?

Can real estate investments provide you with the guaranteed, passive income that annuities will? With an annuity, you'll pay in once or over time and at a certain point, you'll receive guaranteed payments that allow you to have predictable income, which is great for retirement. But commercial real estate, especially triple net properties, may provide you with dependable income at higher returns for each dollar invested. // Articles Mentioned: https://www.investopedia.com/terms/a/annuity.asp https://www.tylercauble.com/blog/investing-in-triple-net-nnn-properties https://www.fidelity.com/learning-center/investment-products/fixed-income-bonds/bond-ratings show notes: www.tylercauble.com/podcast/episode112

Mon, January 24, 2022

Commercial Real Estate Investing (The Ultimate Guide to Passive Income)

Today, you’re going to learn 12 different ways to build passive income through commercial real estate investing. It’s no secret that real estate offers one of the best wealth-building opportunities today. There are no other investment vehicles like it. show notes: www.tylercauble.com/podcast/episode112

Thu, January 20, 2022

Off-Market Commercial Real Estate // What, Why, and How to Find It

Let’s talk about off-market commercial real estate: what it is, why you should look to buy off-market properties, and how to find them. If you’re on the hunt for commercial real estate, I obviously don’t need to dive into the many benefits that this investment vehicle can bring you. You already know that commercial real estate investing is for you, but you’re likely having a hard time finding good opportunities that fit your criteria. These properties don’t ever come up for sale, so how are they still trading hands? Well, they’re being sourced off-market, so here’s my quick guide on how to find off-market commercial properties. show notes: www.tylercauble.com/podcast/episode111

Mon, January 17, 2022

Commercial Real Estate Investing (The Ultimate Guide to Passive Income)

Today, you’re going to learn 12 different ways to build passive income through commercial real estate investing. It’s no secret that real estate offers one of the best wealth-building opportunities today. There are no other investment vehicles like it. show notes: www.tylercauble.com/podcast/episode110

Thu, January 13, 2022

Commercial Real Estate Investing 101 | The 5 Types of Commercial Real Estate

There’s a different types of commercial real estate to fit every investor. Whether you’re looking for the flashy, “sexy” look that comes from commercial real estate investing or a more rugged, under-the-radar approach, there’s an asset type for you. Here are the 5 primary types of commercial real estate you can invest in: 1. Multifamily 2. Office 3. Retail 4. Industrial 5. Hospitality show notes: www.tylercauble.com/podcast/episode109

Mon, January 10, 2022

How to Calculate Commercial Rent [Price Per Square Foot Simplified]

Today, I'm going to teach you how to calculate commercial rents based on price per square foot. Commercial real estate, much like other industries, is rampant with its own unique lingo. Words like “triple net” and “cap rate” are thrown around as if they’re common knowledge, but if you’re not in commercial real estate, you likely won’t be able to keep up with the various terms. Calculating commercial rent can be just the same. When a commercial real estate broker or property owner tells you that their property is “$32.00 per foot, triple net,” what does that actually mean? Wouldn’t it be easier if rent was just given on a total monthly amount? Well, yes and no. Commercial rents are calculated on a price per square foot basis because, more often than not, spaces may be divided or combined. These numbers give industry professionals a quick snapshot to compare rent prices among various properties. After all - $5,000 per month doesn’t tell you how big the space is or what is included in the base rent. Here's how to calculate commercial rents when you've been given a price per square foot and I'll also include a commercial rent calculator. show notes: www.tylercauble.com/podcast/episode108

Thu, January 06, 2022

How I Bought My First Property with $0 Out of Pocket [And So Can You]

The first property I ever bought cost me $0 out of pocket. Today, I’m going to show you exactly how I did that, step by step. I’m Tyler Cauble and welcome back to my channel where each week we’re dropping new videos on commercial real estate investing strategies, leasing & management tips, market updates, and more. Commercial real estate can be an incredible wealth-building opportunity. In fact, many of the world’s billionaires have diversified their investment portfolios with this asset class due to its relative stability, appreciation, and ability to leverage. But it can be expensive. Unlike stocks, bonds, and other investment vehicles, you can’t get started on Robinhood with pocket change - you’ll likely need tens (if not hundreds) of thousands of dollars. And if you’re like me, waiting to accumulate that much cash just to get started seems like a waste of time and opportunity. So, here’s a step by step guide to how I bought my first office building with no money out of my pocket so that you can do it, too. show notes: www.tylercauble.com/podcast/episode107

Mon, January 03, 2022

Off-Market Commercial Real Estate // What, Why, and How to Find It

Let’s talk about off-market commercial real estate: what it is, why you should look to buy off-market properties, and how to find them. If you’re on the hunt for commercial real estate, I obviously don’t need to dive into the many benefits that this investment vehicle can bring you. You already know that commercial real estate investing is for you, but you’re likely having a hard time finding good opportunities that fit your criteria. These properties don’t ever come up for sale, so how are they still trading hands? Well, they’re being sourced off-market, so here’s my quick guide on how to find off-market commercial properties. show notes: www.tylercauble.com/podcast/episode106

Thu, December 30, 2021

Micro-units as a first-step brick-and-mortar w/ Tootsie Lou's Tacos

Thu, December 30, 2021

Real Estate Portfolio Strategy: Buying Commercial Property

Are you diversifying your portfolio? Today, we’re talking about building your commercial real estate investment portfolio - why you should be investing in commercial real estate, strategies for approaching the investments, and how to properly scale your business. Commercial real estate is an incredible wealth-builder. These properties can provide you with cash flow, appreciation, tax advantages, and other benefits unlike any other investment vehicle. If you’re looking for the ultimate retirement plan, commercial real estate investments might just be the path for you and are a terrific way to diversify, if nothing else. Here’s how to add commercial property to your portfolio and why you should. show notes: www.tylercauble.com/podcast/episode104

Mon, December 27, 2021

13 Interview Questions for Commercial Real Estate Agents [for Small Business Owners]

The tenant representation process is often new for most business owners, and the questions you ask your commercial real estate broker can define whether or not your search is successful. Finding the right commercial broker for you and your business is absolutely crucial to your finding and negotiating the best deal possible. After all - you want your new venture to be successful, correct? Unfortunately, many business owners end up taking the wrong approach and try to find and negotiate for space on their own - a big no no in this industry due to the massive learning curve of information. So, if you’re taking the right approach and hiring representation, what questions should you ask when interviewing potential tenant rep brokers? show notes: www.tylercauble.com/podcast/episode103

Thu, December 23, 2021

How To Find Commercial Space For Rent [The 3 Best Strategies]

Most business owners struggle to find commercial space for rent. Finding and leasing commercial space isn’t the easiest task and the world of commercial real estate seems shrouded in mystery. Unlike the residential, commercial real estate doesn’t have a “one stop shop” resource like the MLS or Zillow. While you can certainly utilize tools like Loopnet or Craigslist, they often don’t have up to date information and can still be difficult to use. But how do you find your next commercial space? Even though there’s no apparent database of commercial property listings, you still have a few options. Here are three ways for a business owner to find commercial space for rent. show notes: www.tylercauble.com/podcast/episode102

Mon, December 20, 2021

Why The Best Investors Focus on Commercial Real Estate Amenities

Amenity packages can make or break your real estate investment, so we’re covering Why the Top Commercial Real Estate Investors Focus on Amenities. The exponential growth of online ordering has caused a massive shift in the way we experience retail today. Retailers that refused to adapt to the new age have, unfortunately, fallen by the wayside. Commercial real estate investors and developers are all too aware of how these changes will impact their bottom line, too, and, they’re making moves to keep up. Amenities are one way that a project can stand apart in a sea of commercial real estate options. They catch the tenant’s eye, bring benefit to their employees and customers, and help curate a memorable experience which is crucial in today’s marketplace. Focusing on the best amenities possible will be one of the most important real estate investment strategies for 2020 and 2021. show notes: www.tylercauble.com/podcast/episode101

Mon, December 20, 2021

Calculating Commercial Real Estate Investment Returns [Three Methods]

Everyone’s heard of cash on cash returns, but there are other ways to determine how successful a real estate investment is. Today, I’m going to show you How To Calculate Commercial Real Estate Investment Returns using my three go-to calculations: Cash on Cash, Internal Rate of Return, and Return on Equity, which is where many investors miss out. If you’re investing in commercial real estate, you’re probably looking for a return on your capital. And one of the most attractive aspects of having commercial real estate investments is that you can receive monthly dividends through cash flow while hopefully gaining appreciation on the property. But you need to have a concrete method to be able to determine which investment you should take on next or how your current portfolio has performed after acquisition. show notes: www.tylercauble.com/podcast/episode100

Mon, December 13, 2021

Tenant Improvement Allowances [What They Are And How They Work]

Today, we’re going to be talking about tenant improvement allowances when leasing commercial real estate: what are they and how do they work? If you have ever started a search for commercial real estate, you likely know that your new space will require some form of build-out. It’s almost guaranteed. Whether you are searching for retail, office, or industrial property, it is important to plan for construction and the costs that are associated with retrofitting a space. Although looming construction costs can be intimidating, tenants have the option to push for a tenant improvement allowance in order to help mitigate the costs associated with a build-out. show notes: www.tylercauble.com/podcast/episode099

Thu, December 09, 2021

5 Retail Lease Expenses [That Every Retailer Should Know Before Leasing]

Retail real estate is considered to be any brick-and-mortar storefront used by businesses to sell their goods and/or services to individual consumers for their own personal use. This category encapsulates every business from a small boutique clothier to a large high-end restaurant and everything in between. When beginning your search for retail space, rent is not the only cost you should be considering. While certainly an important number, there are several other expenses you will need to factor into your budget to ensure the long-term success of your retail business. At the forefront of your search, understanding what kind of retail space your budget allows for is just as important as understanding different kinds of lease structures or what kind of areas you should be targeting. Here are the expenses involved in leasing retail space. show notes: www.tylercauble.com/podcast/episode098

Wed, December 08, 2021

Expanding Your Business Rapidly with Micro-Units with Chad Newton

Mon, December 06, 2021

How to Find Commercial Real Estate Deals [7 Ways That ACTUALLY Work]

Behind every great investor is an outstanding team. Today, we’re going to dive into the team every real estate investor needs when investing in commercial properties. Having the right team put together will help provide coverage on all aspects of the investment process, from inspections in the pre-acquisition phase to assembling the proper paperwork at closing. If you’re going to be investing in real estate, it’s crucial to surround yourself with the professionals that help take you and your portfolio to the next level. Here are the professions that make up my real estate investing power team. www.tylercauble.com/podcast/episode098

Wed, December 01, 2021

Next Level Investment Analysis with Adam Miller

Thu, November 25, 2021

What Is Tenant Representation? [Leasing Commercial Space]

Whether you’ve got the next best restaurant, hottest boutique, or an up and coming tech startup, odds are you’re going to need commercial space. You’re probably asking yourself, “Where do I begin?” You could scour the internet for options, use your free time to drive the market hunting for “available” signs, and call your friends and family in hopes they know someone who knows of something available. Or, you could save yourself countless hours and likely a pounding headache and enlist the help of a Commercial Real Estate Broker. Brokers that specialize in Tenant Representation can be the most advantageous force in your commercial search.

Mon, November 22, 2021

How To Analyze Commercial Real Estate Deals

So, you think you’ve found a potential commercial real estate investment. Now what? Since commercial properties are more complex than residential, determining what your potential returns will be and what you can afford to pay isn’t as easy as seeing what other properties have sold for in the neighborhood. You’ll actually have to: 1) Determine what could be a potential comp 2) Study the current leases (or lack thereof) 3) Decide which investment strategy to use 4) Estimate your construction and renovation costs 5) Get term sheets from your lenders Once you’ve done all of that, you can finally analyze the numbers to figure out if the investment will make sense for you. Here’s our quick guide on how to analyze commercial real estate deals.

Thu, November 18, 2021

Typical Commercial Lease Terms That Everyone Should Know

During your search for commercial space, I’m sure that you’ve come across a lot of commercial real estate jargon - but you need not worry! You don’t have to know everything. This video will cover the basics of commercial leases including common lease structures, important lease clauses, and the most common delivery conditions of commercial leases. By the end of, you won’t know everything about commercial leases, but you’ll know enough to be dangerous.

Wed, November 17, 2021

Market Predictions for 2022 with Nathan Weinberg

Mon, November 15, 2021

Commercial Condos: Affordable Real Estate Investments for Small Businesses

If you own a business in Nashville, you know how expensive it is to open and operate. However, there is a solution for entrepreneurs looking to save on their expenses while also building up their investment portfolio. Here’s why commercial condos will help make business more affordable for Nashville’s entrepreneurs.

Thu, November 11, 2021

What Is Cost Segregation? [Accelerated Depreciation And How It Works]

One of the many reasons commercial real estate is so profitable is the ability to take advantage of depreciation. As buildings wear out over time, the IRS allows owners of investment properties to deduct a certain amount from their income every year before tax is applied as “depreciation expense”. Since this is an imaginary or paper expense, in that you’re not paying for it out of pocket, the more you claim in depreciation the more you can walk away with after taxes. Cost segregation is a common way of trying to maximize the amount of depreciation expense you can claim by speeding up the abstract decline in property value. Let’s take a look at how that plays out.

Thu, November 04, 2021

Why You Might Want to Rent, NOT Buy, Real Estate

The infinite debate - renting vs. owning real estate. Is renting your property instead of becoming a property owner really a complete waste? We’ve all heard the “why pay the landlord’s mortgage when…” or “you’re throwing money away” by renting, but that’s a gross oversimplification. Yes, owning real estate and being a real estate investor long-term is typically better for building wealth, but that’s simply not true for everyone and in every situation. In fact, I own 7 commercial properties and still choose to rent my own residence. Here’s how renting is NOT a complete waste of money.

Wed, November 03, 2021

Crushing Your First Capital Raise with Dave Dubeau

Thu, October 28, 2021

Why Do A NNN Lease? [Landlords and Tenants]

In the world of commercial real estate, the lease agreement is vital to making sure everyone knows who is responsible for what. Leases can be structured any way the landlord and tenant agree on, so why do so many choose to write things out the same way? While part of it may be familiarity with the terms from past experience, there are some serious advantages for both the tenant and the landlord for choosing to go triple net (NNN). Let’s take a look at these types of leases to see just why they are so popular.

Mon, October 25, 2021

Triple Net Lease Pros and Cons [What Investors and Landlords Need to Know]

If you’re looking at leasing commercial space, you have several different variations of lease structures from which to choose. The triple net lease is one of the most attractive for investors and landlords, but it also has it’s fair share of cons. Here’s what landlords need to know about NNN leases.

Thu, October 21, 2021

The Guide to Investing in Triple Net (NNN) Properties

Triple net properties are one of the most attractive real estate investments for a variety of reasons: they can offer low risk, minimal responsibilities for the landlord, and long-term passive income. Today, we’re going to cover everything you need to know about triple net leases to decide whether or not they make sense to add to your investment portfolio.

Mon, October 18, 2021

Are Micro-Units the Next BIG thing in Commercial Real Estate?

The buzzword in many commercial real estate circles over the last economic cycle has been “affordable housing.” As costs of living have continued to increase, developers, government officials, and special interest groups have been fighting to figure out how can we continue to provide affordable and attainable housing for those in need. But no one is talking about the affordability crisis for entrepreneurs and startups. The cost of commercial space has also risen dramatically - sometimes 50% or more in some cases around Nashville. Micro-units may be the way for entrepreneurship to continue thriving in an evermore expensive environment - here’s why.

Mon, October 11, 2021

The Guide to Wholesaling Commercial Real Estate [EVERYTHING You Need to Know]

Is it possible to wholesale commercial real estate? Absolutely. Today, I’m going to walk you through what wholesaling is, the pros and cons of this strategy, how to actually wholesale commercial real estate, and the mistakes you must avoid to be successful. Let’s dive on in.

Thu, October 07, 2021

This Could Destroy Commercial Real Estate (Biden’s Proposed Tax Changes)

Today, Tyler talks about how something coming in the potential future could destroy the Commercial Real Estate Investing Market.

Wed, October 06, 2021

Generating Leads: Why Old School Prospecting Still Works with Logan Hartle

Mon, October 04, 2021

Lessons Learned From A $4.8 Million Cash Raise [Commercial Real Estate Development]

As you might expect, raising capital for commercial real estate isn’t all that easy. In fact, it’s my least favorite aspect of investing in commercial properties - I’d much rather stay in my lane and focus on deal sourcing and acquisitions, planning for and developing the project, and executing our ideas. However, capital is a finite resource and if you’re looking to grow your assets under management, you’ll need to throw that fuel on your fire and bring in outside capital from investors. I recently finalized a $4.8 million cash raise with my partners on a commercial development in Nashville. At 10x my largest capital raise to-date, this raise gave me some valuable insight to the entire process. So, here are my biggest takeaways. www.tylercauble.com/podcast/episode078

Thu, September 30, 2021

Commercial Real Estate Syndication For Beginners [A Complete Overview]

When I first got started in commercial real estate, I thought there was only one way to go: You save money for years and years until you finally have enough to do a deal on your own. And for some people, that’s certainly a good way to go. I thought the same way until I learned about syndicating real estate at a mastermind in Austin, TX. It completely opened my eyes to how I could grow my investment portfolio bigger and faster while having less of my own cash, which we all know is a finite resource, in each deal. So, here’s my guide to commercial real estate syndication for beginners. www.tylercauble.com/podcast/episode077

Mon, September 27, 2021

How To Get Into Commercial Real Estate Investing [If I Had to Start All Over]

I’ve been in commercial real estate since 2013 but only really started investing in 2019, after founding my own commercial brokerage. Since then, I’ve developed a 42-unit townhome community, acquired over 50,000 square feet of office and retail space, and am in the middle of a $19.2 million mixed-use development in East Nashville. And I get asked all the time: “How can I get into commercial real estate investing?” So, knowing what I know now, here’s what I would do if I had to start it all over. www.tylercauble.com/podcast/episode076

Thu, September 23, 2021

Direct Mail for Finding Commercial Real Estate Deals [My Proven Method]

Finding commercial real estate investments can be one of the most frustrating parts of becoming an investor. Projects are often hidden by LLCs or other entities that are either shells or forward directly to an attorney, so finding the true owner can be a bit tricky. However, I've found direct mailers to be one of the most effective methods for sourcing potential investment opportunities. Here's my step by step process for direct mail marketing to commercial real estate owners. www.tylercauble.com/podcast/episode074

Wed, September 22, 2021

Real Estate Syndication and Crowd Funding with Gene Trowbridge

Mon, September 20, 2021

Commercial vs. Residential Real Estate: The Pros and Cons of Investing in Each

Commercial and residential real estate are two sides of the same coin, but they’re still vastly different from one another. However, many of the same principles hold true for both - location is important, they both cash flow and appreciate, and they offer many tax benefits. Let’s dive into the pros and cons of commercial vs. residential real estate to decide which is better for you as an investment vehicle. www.tylercauble.com/podcast/episode073

Fri, September 17, 2021

Commercial Real Estate Development for Beginners [And How to Get Started in Development]

If you’re looking for a beginner’s guide to commercial real estate development, you’re in the right place. Today, we’re going to discuss what commercial real estate development is, what commercial developers do and their process, and stick around to the end where I’ll give you a few ways to get started in commercial real estate development. Just about all commercial real estate investors aim to take a property and add value to it in some way in order to increase the overall cash flow or valuation. Most will take existing sites with either deferred maintenance, high vacancy, or a combination of both - but some investors will actually take raw land and reimagine what could be on that site. www.tylercauble.com/podcast/episode072

Fri, September 17, 2021

Off-Market Commercial Real Estate // What, Why, and How to Find It

Let’s talk about off-market commercial real estate: what it is, why you should look to buy off-market properties, and how to find them. If you’re on the hunt for commercial real estate, I obviously don’t need to dive into the many benefits that this investment vehicle can bring you. You already know that commercial real estate investing is for you, but you’re likely having a hard time finding good opportunities that fit your criteria. These properties don’t ever come up for sale, so how are they still trading hands? Well, they’re being sourced off-market, so here’s my quick guide on how to find off-market commercial properties. www.tylercauble.com/podcast/episode071

Thu, September 16, 2021

Commercial Real Estate News and Trends: CREI Weekly Update Sept 15th, 2021

The Commercial Real Estate Investor Weekly Update (or the CREI Weekly Update if you’re not up for a mouthful) is the first commercial real estate news show bringing you the biggest news stories and market trends from around the country. Each week, we cover the Nashville market, which markets should be on your watchlist, office / retail / industrial / and multifamily updates, and a wildcard on a topic or trend we feel is worth sharing. Tune in Mondays at 5:30pm CST to ask your questions live! Show notes: www.tylercauble.com/podcast/episode070

Thu, September 09, 2021

Commercial Real Estate Due Diligence [Step by Step With Checklist!]

Today, I’m walking you step by step through commercial real estate due diligence and below is a link to download my due diligence checklist. As seasoned commercial real estate investors like to say, “you make your money when you buy it.” So, if that’s true, then conducting your due diligence before you buy the site is crucial to your success as an investor. But what if you’ve never been through the process before? www.tylercauble.com/podcast/episode069

Tue, September 07, 2021

Ghost Kitchens: The New Restaurant Craze

So, the outbreak of Coronavirus has changed everything this year. The way we work, the way we eat, and the way we shop has shifted since new social distancing measures have been put into place all across the United States. This too shall pass, and hopefully we will be back to normal sooner than later, but there is already a lot of talk going around about how some of these trends will stay once we get “back to normal.” Ghost kitchens were already gaining popularity pre-COVID, but are set to take off in our new world. So, what is a ghost kitchen? Ghost kitchens are delivery only restaurants with no dining room, saving on operational and startup costs for restaurateurs. www.tylercauble.com/podcast/episode068

Thu, September 02, 2021

1031 Exchange Vs Cash Out Refi [Which Is Better?]

Today, I’m going to help you figure out which is best for you - a 1031 exchange or a cash out refi. If you’re anything like me, you’re constantly evaluating your real estate portfolio to determine if your equity is being utilized to its best potential. And that means exploring all options to see if you might be able pull out that equity and place it somewhere else so that you can get a better return. There are really only two ways that you can realize this equity in any of your investments: either you sell the property or you perform a cash out refinance. But which is better for you: selling your property and performing a 1031 exchange or refinancing the project and pulling your cash out? www.tylercauble.com/podcast/episode067

Mon, August 30, 2021

How I Bought My First Property with $0 Out of Pocket [And So Can You]

The first property I ever bought cost me $0 out of pocket. Today, I’m going to show you exactly how I did that, step by step. I’m Tyler Cauble and welcome back to my channel where each week we’re dropping new videos on commercial real estate investing strategies, leasing & management tips, market updates, and more. Commercial real estate can be an incredible wealth-building opportunity. In fact, many of the world’s billionaires have diversified their investment portfolios with this asset class due to its relative stability, appreciation, and ability to leverage. But it can be expensive. Unlike stocks, bonds, and other investment vehicles, you can’t get started on Robinhood with pocket change - you’ll likely need tens (if not hundreds) of thousands of dollars. And if you’re like me, waiting to accumulate that much cash just to get started seems like a waste of time and opportunity. So, here’s a step by step guide to how I bought my first office building with no money out of my pocket so that you can do it, too. www.tylercauble.com/podcast/episode066

Thu, August 26, 2021

We Bought a Roadside Hotel (The Story of The Deal)

Mon, August 23, 2021

How to Find Commercial Real Estate Deals [7 Ways That ACTUALLY Work]

As a commercial real estate broker, investor, and developer, I get asked by new investors all the time: "How do you find so many investment opportunities? There aren’t any deals out there!" And, for most investors, that statement is true. Investing in commercial real estate can be a lot of fun and it’s certainly rewarding, but coming across a good deal is often the most frustrating part of this process. From what I’ve seen, however, most investors simply don’t take the right approach. Here’s my beginner’s guide to finding commercial real estate deals. www.tylercauble.com/podcast/episode064

Fri, August 20, 2021

Cold Dark Shells [Everything You Need To Know]

Today, we’re covering everything you need to know about cold dark shells - what they are, why you would or wouldn’t want to lease a space in this condition, and what your other space delivery options could be. And If you’re interested in learning more about buying or leasing commercial real estate, don’t forget to subscribe to the channel - each week we’re releasing videos on investment strategies, leasing & management tips, market updates and more. www.tylercauble.com/podcast/episode063

Thu, August 12, 2021

5 Real Estate Tools [That EVERY Investor Should Have]

Today, I’m going to show you the 5 tools I use nearly every day when working on real estate projects. These tools are critical to your success and have made a massive difference in my workflow. Sharper tools make sharper investors and if you’re able to analyze opportunities quickly and correctly, your chances for success in commercial real estate will increase significantly. Not to mention that you’ll find better deals and beat out your competition. So, here are the 5 real estate tools you need to have in your arsenal if you want to be a successful real estate professional and all of these items are linked below. www.tylercauble.com/podcast/episode062

Wed, August 11, 2021

How to Scale Your Real Estate Investments with Apt Guy Bruce Petersen

Tue, August 10, 2021

Commercial Real Estate News and Trends: CREI Weekly Update Aug 9th, 2021

The Commercial Real Estate Investor Weekly Update (or the CREI Weekly Update if you’re not up for a mouthful) is the first commercial real estate news show bringing you the biggest news stories and market trends from around the country. Each week, we cover the Nashville market, which markets should be on your watchlist, office / retail / industrial / and multifamily updates, and a wildcard on a topic or trend we feel is worth sharing. Tune in Mondays at 5:30pm CST to ask your questions live! Show notes: www.tylercauble.com/podcast/episode060

Thu, August 05, 2021

Real Estate Investing Strategies: Passive Investing in Commercial Property

If you’re not passively investing in commercial real estate, you absolutely should be. Commercial real estate investing has many benefits that other investment vehicles, like stocks and bonds, wish they had. As an investor, you will not only receive passive income and appreciation from the property, but also tax benefits, risk diversification, increased buying power, and more. The benefits of passive real estate investing are abundant. So long as you research the individuals or groups with whom you plan to invest, you will watch your passive income and wealth grow exponentially while taking advantage of all of the ancillary perks, as well. Here are 7 reasons you should become a passive real estate investor. www.tylercauble.com/podcast/episode059

Wed, August 04, 2021

Opportunity Zones 101: Why You Should Invest in Opportunity Zones NOW with Ashley Tison

Tue, August 03, 2021

Commercial Real Estate News and Trends: CREI Weekly Update Aug 2nd, 2021

The Commercial Real Estate Investor Weekly Update (or the CREI Weekly Update if you’re not up for a mouthful) is the first commercial real estate news show bringing you the biggest news stories and market trends from around the country. Each week, we cover the Nashville market, which markets should be on your watchlist, office / retail / industrial / and multifamily updates, and a wildcard on a topic or trend we feel is worth sharing. Tune in Mondays at 5:30pm CST to ask your questions live! Show notes: www.tylercauble.com/podcast/episode057

Thu, July 29, 2021

Real Estate Investing Strategies: Passive Investing in Commercial Property

If you’re not passively investing in commercial real estate, you absolutely should be. Commercial real estate investing has many benefits that other investment vehicles, like stocks and bonds, wish they had. As an investor, you will not only receive passive income and appreciation from the property, but also tax benefits, risk diversification, increased buying power, and more. The benefits of passive real estate investing are abundant. So long as you research the individuals or groups with whom you plan to invest, you will watch your passive income and wealth grow exponentially while taking advantage of all of the ancillary perks, as well. Here are 7 reasons you should become a passive real estate investor. www.tylercauble.com/podcast/episode056

Wed, July 28, 2021

Raising a Real Estate Investment Fund with Dylan Marma

Tue, July 27, 2021

Commercial Real Estate News and Trends: CREI Weekly Update July 26th, 2021

The Commercial Real Estate Investor Weekly Update (or the CREI Weekly Update if you’re not up for a mouthful) is the first commercial real estate news show bringing you the biggest news stories and market trends from around the country. Each week, we cover the Nashville market, which markets should be on your watchlist, office / retail / industrial / and multifamily updates, and a wildcard on a topic or trend we feel is worth sharing. Tune in Mondays at 5:30pm CST to ask your questions live! Show notes: www.tylercauble.com/podcast/episode054

Thu, July 22, 2021

Why The Best Investors Focus on Commercial Real Estate Amenities

Amenity packages can make or break your real estate investment, so we’re covering Why the Top Commercial Real Estate Investors Focus on Amenities. The exponential growth of online ordering has caused a massive shift in the way we experience retail today. Retailers that refused to adapt to the new age have, unfortunately, fallen by the wayside. Commercial real estate investors and developers are all too aware of how these changes will impact their bottom line, too, and, they’re making moves to keep up. Amenities are one way that a project can stand apart in a sea of commercial real estate options. They catch the tenant’s eye, bring benefit to their employees and customers, and help curate a memorable experience which is crucial in today’s marketplace. Focusing on the best amenities possible will be one of the most important real estate investment strategies for 2020 and 2021. Show notes: www.tylercauble.com/podcast/episode053

Tue, July 20, 2021

Commercial Real Estate News and Trends: CREI Weekly Update July 19th, 2021

The Commercial Real Estate Investor Weekly Update (or the CREI Weekly Update if you’re not up for a mouthful) is the first commercial real estate news show bringing you the biggest news stories and market trends from around the country. Each week, we cover the Nashville market, which markets should be on your watchlist, office / retail / industrial / and multifamily updates, and a wildcard on a topic or trend we feel is worth sharing. Tune in Mondays at 5:30pm CST to ask your questions live! Show notes: www.tylercauble.com/podcast/episode052

Wed, July 14, 2021

NNN Lease Expenses Explained

Tue, July 13, 2021

Commercial Real Estate News and Trends: CREI Weekly Update July 12th, 2021

The Commercial Real Estate Investor Weekly Update (or the CREI Weekly Update if you’re not up for a mouthful) is the first commercial real estate news show bringing you the biggest news stories and market trends from around the country. Each week, we cover the Nashville market, which markets should be on your watchlist, office / retail / industrial / and multifamily updates, and a wildcard on a topic or trend we feel is worth sharing. Tune in Mondays at 5:30pm CST to ask your questions live! Show notes: www.tylercauble.com/podcast/episode050

Fri, July 09, 2021

Launching Your Startup Real Estate Company

Wed, June 30, 2021

The Current State of Retail Real Estate with Adam Williams

Retail Redeveloped Adam Williams specializing in helping dynamic brands grow and destination retail projects thrive. Based in Uptown Charlotte, with a regional reach throughout the Southeast, Adam has the proven ability to successfully drive retail and restaurant projects for top tier brands and Landlord/Developers. As a Principal and top-producing agent at Legacy Real Estate Advisors since 2006, Adam focuses on retail and restaurant commercial brokerage services. After graduating from Elon University, with a degree in Marketing and Economics, he immediately started pursing his passion for real estate and is a licensed broker in North Carolina, South Carolina and Georgia. As a Charlotte native, Adam has seen the Charlotte market transform from a small city to an international business and financial hub. Outside of retail brokerage, Adam is as an owner of Charlotte hot spot, 10 Park Lanes, and founder of Charlotte’s #1 restaurant blog Restauranttraffic.com, a local source for restaurant news and reviews. This experience as a restaurateur and digital marketer enables him to be a true strategic partner with his retail clients. Outside of work Adam has a passion for cars and track driving, exploring the best chefs and restaurants in the Southeast, and spending time with his family. Adam and his wife Genevieve have two sons and live in the Chantilly neighborhood of Charlotte. Show notes: www.tylercauble.com/podcast/episode048

Tue, June 29, 2021

Commercial Real Estate News and Trends: CREI Weekly Update June 28th, 2021

The Commercial Real Estate Investor Weekly Update (or the CREI Weekly Update if you’re not up for a mouthful) is the first commercial real estate news show bringing you the biggest news stories and market trends from around the country. Each week, we cover the Nashville market, which markets should be on your watchlist, office / retail / industrial / and multifamily updates, and a wildcard on a topic or trend we feel is worth sharing. Tune in Mondays at 5:30pm CST to ask your questions live! Show notes: www.tylercauble.com/podcast/episode047

Wed, June 23, 2021

Developing $225 Million of Affordable Housing with Evan Holladay

Evan Holladay is the President and CEO of Holladay Ventures where they are focused on multi-family affordable/workforce housing deals in the Southeast US. To date, Evan has sourced and developed over $237 million, helping create 1300+ units of new affordable housing. He’s worked in innovative financing – introducing and utilizing the first PILOT (Payment In Lieu Of Taxes) in many jurisdictions, utilizing Renewable Energy Credits with LIHTC, and working with HOME, CDBG, Project Based Vouchers, and HUD 221d4 financing. Evan is an advocate for affordable housing and was recently featured in the book CRA at Forty: Views on the Present and Future of Community Reinvestment. Show notes: www.tylercauble.com/podcast/episode046

Tue, June 22, 2021

Commercial Real Estate News and Trends: CREI Weekly Update June 21st, 2021

The Commercial Real Estate Investor Weekly Update (or the CREI Weekly Update if you’re not up for a mouthful) is the first commercial real estate news show bringing you the biggest news stories and market trends from around the country. Each week, we cover the Nashville market, which markets should be on your watchlist, office / retail / industrial / and multifamily updates, and a wildcard on a topic or trend we feel is worth sharing. Tune in Mondays at 5:30pm CST to ask your questions live! Show notes: www.tylercauble.com/podcast/episode045

Wed, June 16, 2021

The Quest to $100m in Real Estate with Logan Freeman

Logan has facilitated over $150MM in real estate transactions. Logan has found his niche in the real estate industry acting as an investment property specialist and working with local and out-of-state investors to acquire investment property in the Greater Kansas City market. Logan has a unique understanding of the needs and wants of sophisticated investors enabling Logan to effectively support individuals and organizations along their investment journey. Logan is particularly adept at sourcing off-market properties, with more than 50% of his completed transactions involving off market properties Having completed over 125 transactions, Logan has found a reliable process for executing the process. Starting with the end in mind, Logan is able to understand his client’s needs and help them find the right investment. Logan is an advocate for affordable housing and works closely with many organizations in helping to end homelessness in Kansas City. Understanding how to “do well by doing good” is Logan's motto and has made it his “why” for doing business. Logan Freeman is co-Founder and Principal of FTW Investments and serves as the Chief Development Officer. Logan has facilitated over $150MM in real estate transactions. Logan has a unique understanding of the needs and wants of sophisticated investors enabling him to effectively support individuals and organizations along their investment journey. Logan is particularly adept at sourcing off-market properties, with more than 50% of his completed transactions involving off market properties. Having completed over 125 transactions, Logan has found a reliable process for executing real estate transactions. Logan is an advocate for affordable housing and works closely with many organizations in helping to end homelessness in Kansas City. Understanding how to “do well by doing good” is Logan's motto and has made it his “why” for doing business. Logan holds a Master’s degree in Business Administration from the University of Central Missouri. Show notes: www.tylercauble.com/podcast/episode044

Wed, June 16, 2021

Commercial Real Estate News and Trends: CREI Weekly Update June 14th, 2021

The Commercial Real Estate Investor Weekly Update (or the CREI Weekly Update if you’re not up for a mouthful) is the first commercial real estate news show bringing you the biggest news stories and market trends from around the country. Each week, we cover the Nashville market, which markets should be on your watchlist, office / retail / industrial / and multifamily updates, and a wildcard on a topic or trend we feel is worth sharing. Tune in Mondays at 5:30pm CST to ask your questions live! Show notes: www.tylercauble.com/podcast/episode043

Wed, June 09, 2021

How to Invest in NNN Properties With Randy Blankstein

Randy is the President of The Boulder Group, a leading boutique investment real estate service firm specializing in single tenant net lease properties. Randy founded The Boulder Group in 1997, offering a full range of real estate leasing services. Show notes: www.tylercauble.com/podcast/episode042

Wed, June 09, 2021

Commercial Real Estate News and Trends: CREI Weekly Update June 7th, 2021

The Commercial Real Estate Investor Weekly Update (or the CREI Weekly Update if you’re not up for a mouthful) is the first commercial real estate news show bringing you the biggest news stories and market trends from around the country. Each week, we cover the Nashville market, which markets should be on your watchlist, office / retail / industrial / and multifamily updates, and a wildcard on a topic or trend we feel is worth sharing. Tune in Mondays at 5:30pm CST to ask your questions live! Show notes: www.tylercauble.com/podcast/episode041

Thu, June 03, 2021

Hotel Investing 101 with Jordan Fife

Throughout his hospitality career, Jordan has been considered one of the industry’s best operators and openers, and his projects have averaged returns often in excess of 100% per project in ROI and property appreciation. Show notes: www.tylercauble.com/podcast/episode040

Thu, May 27, 2021

Three Ways to Determine The Returns on Your Investment

Everyone’s heard of cash on cash returns, but there are other ways to determine how successful a real estate investment is. Today, I’m going to show you How To Calculate Commercial Real Estate Investment Returns using my three go-to calculations: Cash on Cash, Internal Rate of Return, and Return on Equity, which is where many investors miss out. If you’re investing in commercial real estate, you’re probably looking for a return on your capital. And one of the most attractive aspects of having commercial real estate investments is that you can receive monthly dividends through cash flow while hopefully gaining appreciation on the property. But you need to have a concrete method to be able to determine which investment you should take on next or how your current portfolio has performed after acquisition. Show notes: www.tylercauble.com/podcast/episode039

Tue, May 25, 2021

Commercial Real Estate News and Trends: CREI Weekly Update May 24th, 2021

The Commercial Real Estate Investor Weekly Update (or the CREI Weekly Update if you’re not up for a mouthful) is the first commercial real estate news show bringing you the biggest news stories and market trends from around the country. Each week, we cover the Nashville market, which markets should be on your watchlist, office / retail / industrial / and multifamily updates, and a wildcard on a topic or trend we feel is worth sharing. Tune in Mondays at 5:30pm CST to ask your questions live! Show notes: www.tylercauble.com/podcast/episode038

Thu, May 20, 2021

How to Determine the Value of Commercial Real Estate Investments

Today, we’re going to be talking about the 4 main ways that commercial real estate is valued. When determining the value of residential real estate, investors have a pretty easy time. You simply log into the MLS or check Zillow for comparable properties in the area and utilize the price per square foot to determine the value of the asset you’re reviewing. Analyzing commercial real estate, on the other hand, isn’t quite as simple. There are four common ways to determine the value of commercial real estate: Sales comps Cap rates Replacement costs Gross rent multiplier So, here’s how to determine the value of commercial real estate. Show notes: www.tylercauble.com/podcast/episode037

Wed, May 19, 2021

Multifamily Brokerage to Syndication with Tyler Chesser

Tyler Chesser, CCIM, is an experienced multifamily real estate investor, in an active and passive capacity, and has witnessed firsthand the successes and failures of building a real estate portfolio. Tyler is the Founder of The Chesser Companies where he works with leaders, entrepreneurs and real estate investor clients as a peak performance coach and world class consultant; he’s a high performance coach, additionally providing group coaching services through Elevate High Performance Coaching Academy, he’s also the Co-Founder of CF Capital, a real estate private equity firm, which focuses on acquiring and repositioning multifamily assets in the Southeast United States and provides institutional-quality services to its residents and outsized returns to its investment partners. Show notes: www.tylercauble.com/podcast/episode036

Tue, May 18, 2021

Commercial Real Estate News and Trends: CREI Weekly Update May 17th, 2021

The Commercial Real Estate Investor Weekly Update (or the CREI Weekly Update if you’re not up for a mouthful) is the first commercial real estate news show bringing you the biggest news stories and market trends from around the country. Each week, we cover the Nashville market, which markets should be on your watchlist, office / retail / industrial / and multifamily updates, and a wildcard on a topic or trend we feel is worth sharing. Tune in Mondays at 5:30pm CST to ask your questions live! Show notes: www.tylercauble.com/podcast/episode035

Thu, May 13, 2021

What NNN, FSG, and MG Mean in Commercial Real Estate

Commercial leases can be confusing: What are triple net, full service gross, and modified gross leases? Today we’re talking about commercial lease structures and the differences between each one. Commercial real estate, like many other industries, is full of its own lingo. If you’re looking to lease commercial space, you’ve likely run across phrases such as “triple net” or “full-service” whenever a broker or landlord explains what type of lease they’re using. But what does that actually mean? And, maybe a better question, why are certain lease structures utilized instead of others? Let’s dive into what triple net (NNN), full-service gross (FSG), and modified gross (MG) mean and the differences between them. Show notes: www.tylercauble.com/podcast/episode034

Wed, May 12, 2021

Adaptive Reuse and Renovations with Mike Sowers

Mike is the author of the book "Commercial Real Estate Investing: A Step-By-Step Guide To Finding & Funding Your First Deal" being released Q2 2021. Mike heads the commercial investing mastery program where he coaches implementers of his 7 step system across the country. This proven system helps investors transition from residential investing to commercial and structure real estate partnerships using equity partners. Mike hosts the "CREative Commercial Real Estate" Podcast and the "This Old Building" TV Show. He is also an acclaimed keynote speaker. His passions outside of work are traveling the world with his wife Lisa and children Andi and Brody, playing guitar at Creative Church, volleyball, kiteboarding, snowmobiling, boating, and writing. Show notes: www.tylercauble.com/podcast/episode033

Thu, May 06, 2021

The Beginner's Guide to Raising Capital for Commercial Real Estate

Today, we’re going to be diving into how to raise investment capital for commercial real estate investments. In this video, we’ll touch on what investment capital is, how to decide if you really need it, getting yourself mentally prepared for raising capital, potential legal structures for the acquisition, how to pitch the investors on your opportunity, and more. Show notes: www.tylercauble.com/podcast/episode032

Wed, May 05, 2021

Passive Cash Flow Investing with Brian Adams

Brian C. Adams is the President and Founder of Excelsior Capital, where he spearheads the investor relations and capital markets arms of the firm. He has 10 years of experience in real estate private equity and has advanced knowledge in best practices for strategic real estate investing. Prior to forming Excelsior Capital, Brian co-founded Priam Properties (an institutional real estate private equity sponsor) in 2010 and provided leadership and direction for the firm in connection with capital markets, investment management, and investor relations. Show notes: www.tylercauble.com/podcast/episode031

Tue, May 04, 2021

Commercial Real Estate Innovation and Technology with David Stoller

David Stoller is a smart cities and buildings professional with over a decade of experience. With a focus on strategy and business development, he has spent most of his career in the technology, process optimization, and energy spaces. His background includes being an internal strategy consultant for a multinational market leader in the mobility industry, leadership in in an IoT & Ambient computing startups, and as a digital transformation strategist for a global automation conglomerate. Originally from San Francisco, he currently resides in Nashville with his wife and two children and is the Director of Business Development for Brainbox AI, an Artificial Intelligence for Cities and Buildings company. He also serves as the co-chairman of the Innovation Action Council for the Urban Land Institute of Nashville. Show notes: www.tylercauble.com/podcast/episode030

Thu, April 29, 2021

All About Commercial Build Outs

Today, we’re talking about commercial build outs. What are they? And more importantly - who actually pays for the cost of building out the space? Not every commercial space will be a perfect fit for every business. It’s actually very common for commercial spaces to require some renovation work before they’re ready for occupancy by a new tenant. Some spaces may be fully renovated and ready to go, but others may require you to implement your own design and renovations to bring them up to your company’s standards. Second-generation spaces, which are suites that were previously occupied by another tenant, usually require updating at the very least or a total makeover in the worst of cases. So, that’s where you’ll need a commercial build out. Show notes: www.tylercauble.com/podcast/episode029

Wed, April 28, 2021

Investing in Industrial Real Estate with Chad Griffiths

Chad has given numerous interviews locally and nationally regarding the commercial real estate market and has had articles published in Forbes, Western Investor and Real Estate Magazine. Recently, Chad started a channel on YouTube about industrial real estate where he shares his knowledge and passion for the industry Show notes: www.tylercauble.com/podcast/episode028

Tue, April 27, 2021

Commercial Real Estate News & Trends: CREI Weekly Update April 26th, 2021

The Commercial Real Estate Investor Weekly Update (or the CREI Weekly Update if you’re not up for a mouthful) is the first commercial real estate news show bringing you the biggest news stories and market trends from around the country. Each week, we cover the Nashville market, which markets should be on your watchlist, office / retail / industrial / and multifamily updates, and a wildcard on a topic or trend we feel is worth sharing. Tune in Mondays at 5:30pm CST to ask your questions live! Show notes: www.tylercauble.com/podcast/episode027

Thu, April 22, 2021

5 Questions to Ask before Investing in Real Estate Syndications

Syndication allows investors to place their capital with operators who find, fund, and run the real estate investment. If you’re going to trust an operator with your capital, here are 5 questions you need to ask before investing in a syndication. Show notes: www.tylercauble.com/podcast/episode026

Wed, April 21, 2021

How to Choose Your Niche in Commercial Real Estate

As the saying goes, the riches are in the niches. Tyler is a big proponent of finding your niche and sticking to it when it comes to being a commercial real estate broker, investor, or developer. In this episode, Tyler and Andy discuss finding your niche or specialty and dialing in on it to grow your real estate business. Show notes: www.tylercauble.com/podcast/episode025

Tue, April 20, 2021

CREI Weekly Update: April 19th, 2021

The Commercial Real Estate Investor Weekly Update (or the CREI Weekly Update if you’re not up for a mouthful) is the first commercial real estate news show bringing you the biggest news stories and market trends from around the country. Each week, we cover the Nashville market, which markets should be on your watchlist, office / retail / industrial / and multifamily updates, and a wildcard on a topic or trend we feel is worth sharing. Tune in Mondays at 5:30pm CST to ask your questions live! Show notes: www.tylercauble.com/podcast/episode024

Thu, April 15, 2021

All About The 1031 Exchange (What They Are and What You Need to Know)

Capital Gains taxes can reach up to 20% for those in the highest income bracket, so this tax-deferment tool can be an effective investment strategy as you buy and sell properties. So, here's what every real estate investor needs to know about 1031 exchanges. Show notes: www.tylercauble.com/podcast/episode023

Tue, April 13, 2021

CREI Weekly Update: April 12th, 2021

The Commercial Real Estate Investor Weekly Update (or the CREI Weekly Update if you’re not up for a mouthful) is the first commercial real estate news show bringing you the biggest news stories and market trends from around the country. Each week, we cover the Nashville market, which markets should be on your watchlist, office / retail / industrial / and multifamily updates, and a wildcard on a topic or trend we feel is worth sharing. Tune in Mondays at 5:30pm CST to ask your questions live! Show notes: www.tylercauble.com/podcast/episode022

Thu, April 08, 2021

Commercial Real Estate Types That Will Thrive Post-COVID

The 3 types of commercial real estate to buy after Coronavirus. Commercial real estate , like many other industries, has taken a serious hit from Coronavirus shutdowns. Businesses have found it difficult to afford their lease payments since they’ve been forced to close. Residential tenants struggled to pay rent because they lost their jobs. And commercial property owners are having to deal with the fallout on all fronts. While some commercial asset types will struggle to recover from this downturn, there are a few that will actually thrive in the post-Coronavirus world. Show notes: www.tylercauble.com/podcast/episode021

Wed, April 07, 2021

CASE STUDY: Buying My First Commercial Property [and with NO money]

I bought my first office building with $0 out of pocket (well, technically, at least). In this livestream, I'm going to show you why I decided to buy this building, how I underwrote the project, how I was able to buy it without having the money to do so, and more details about the project so you can hopefully go find one yourself! When I was buying my first commercial property, I was pretty nervous. While I'd spent years as a commercial real estate broker helping others invest, I had yet to do so for myself until I came across this building. A client had originally brought it to me and after they were unable to fund it (and the same thing happened to the client we assigned the contract to), I decided to buy it myself. Show notes: www.tylercauble.com/podcast/episode020

Tue, April 06, 2021

CREI Weekly Update: April 5th, 2021

The Commercial Real Estate Investor Weekly Update (or the CREI Weekly Update if you’re not up for a mouthful) is the first commercial real estate news show bringing you the biggest news stories and market trends from around the country. Each week, we cover the Nashville market, which markets should be on your watchlist, office / retail / industrial / and multifamily updates, and a wildcard on a topic or trend we feel is worth sharing. Tune in Mondays at 5:30pm CST to ask your questions live! Show notes: www.tylercauble.com/podcast/episode019

Thu, April 01, 2021

5 Reasons Why You Need a Commercial Property Manager

Today, I’m going to give you 5 reasons you need to hire a commercial property manager if you’re going to build up a portfolio of commercial real estate investments. Owning and investing in commercial real estate can be quite rewarding. Managing the property, on the other hand, can be rather time intensive and emotionally & mentally straining. That’s where commercial property managers save the day. They relieve you of the burden of having to operate the day to day business of your investment so you can move on and buy more property. Here are 5 reasons I believe every real estate investor should hire a commercial property manager. Show notes: www.tylercauble.com/podcast/episode018

Wed, March 31, 2021

CREI Weekly Update: March 29th, 2021

The Commercial Real Estate Investor Weekly Update (or the CREI Weekly Update if you’re not up for a mouthful) is the first commercial real estate news show bringing you the biggest news stories and market trends from around the country. Each week, we cover the Nashville market, which markets should be on your watchlist, office / retail / industrial / and multifamily updates, and a wildcard on a topic or trend we feel is worth sharing. Tune in Mondays at 5:30pm CST to ask your questions live! Show notes: www.tylercauble.com/podcast/episode017

Thu, March 25, 2021

Tenant Improvement Allowances (What They Are and How They Work)

Today, we’re going to be talking about tenant improvement allowances when leasing commercial real estate: what are they and how do they work? If you have ever started a search for commercial real estate, you likely know that your new space will require some form of build-out. It’s almost guaranteed. Whether you are searching for retail, office, or industrial property, it is important to plan for construction and the costs that are associated with retrofitting a space. Although looming construction costs can be intimidating, tenants have the option to push for a tenant improvement allowance in order to help mitigate the costs associated with a build-out. Tenant improvement allowances, also known as TI, TIA, or TA, are a pre-negotiated sum of money that a landlord will provide the tenant in order to cover all or a portion of costs to build out the space. Show notes: www.tylercauble.com/podcast/episode016

Wed, March 24, 2021

Investing in NNN Properties with Ryan Stackhouse

Ryan bought his first single family home in 2003. Since then, he has acquired well over 150+ doors with a number of NNN lease industrial, office, and medical buildings. He focuses on value add properties and uses his capital or equity partners to renovate and improve the assets. The team and he are consistently buying, adding value, holding as investment, then doing 1031 exchanges to reinvest our profits into bigger and better opportunities. Ryan now has a $20 million plus portfolio with a well-balanced mix of multifamily, residential, commercial, industrial, office and retail, hotel, etc. podcast notes: tylercauble.com/podcast/episode015

Tue, March 23, 2021

CREI Weekly Update: March 22nd, 2021

The Commercial Real Estate Investor Weekly Update (or the CREI Weekly Update if you’re not up for a mouthful) is the first commercial real estate news show bringing you the biggest news stories and market trends from around the country. Each week, we cover the Nashville market, which markets should be on your watchlist, office / retail / industrial / and multifamily updates, and a wildcard on a topic or trend we feel is worth sharing. Tune in Mondays at 5:30pm CST to ask your questions live! podcast notes: tylercauble.com/podcast/episode014

Thu, March 18, 2021

The 5 Best Commercial Real Estate Investment Strategies

Today, we’re covering the 5 best commercial real estate investment strategies, according to yours truly: The Commercial BRRRR Development Land Banking Long-Term Buy and Hold Owner-Occupied Real Estate Show notes: www.tylercauble.com/podcast/episode013

Wed, March 17, 2021

A Deep Dive into Modular Construction in Commercial Real Estate

Modular construction has the potential to change how we view commercial real estate development forever. Whether you're looking at pre-fab buildings that are assembled like Lincoln Logs onsite or shipping container homes that are fully manufactured within a facility, this type of construction is more efficiently built than traditional methods and can save a significant amount of time and money. Tyler and Andy dive into modular construction and how it could impact commercial real estate. podcast notes: tylercauble.com/podcast/episode012

Tue, March 16, 2021

CREI Weekly Update: March 15th, 2021

The Commercial Real Estate Investor Weekly Update (or the CREI Weekly Update if you’re not up for a mouthful) is the first commercial real estate news show bringing you the biggest news stories and market trends from around the country. Each week, we cover the Nashville market, which markets should be on your watchlist, office / retail / industrial / and multifamily updates, and a wildcard on a topic or trend we feel is worth sharing. Tune in Mondays at 5:30pm CST to ask your questions live! podcast notes: tylercauble.com/podcast/episode011

Thu, March 11, 2021

How to Find Tenants for Your Commercial Property

Today we’re going over the three best strategies to find tenants for your commercial space. Find the show notes at www.TylerCauble.com/podcast/episode010