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 port ..read more

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 req ..read more

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 impor ..read more

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 ..read more

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 indust ..read more

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 ..read more

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 an ..read more

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 unfa ..read more

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 ot ..read more

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 ..read more