Commercial Real Estate Pro Network

Informações:

Sinopsis

Commercial Real Estate Professionals who work with Investors, Buyers and Sellers of Commercial Real Estate. We discuss todays opportunities, problems & solutions in Commercial Real Estate.

Episodios

  • BIGGEST RISK with Vinney Chopra

    BIGGEST RISK with Vinney Chopra

    04/02/2020 Duración: 02min

    Wow, I'm so glad you shared that because I settled three lawsuits. You know, just in the last quarter of 2019. So it's very fresh in my mind. And actually, one lawsuit was going on for about two and a half years. Nothing major, but it was major in the sense that something happened with one of my contractors on one of my property. And I'm so glad that I have had full coverage, you know. And they said you settle the issue for almost like seven hundred some thousand dollars. And I didn't have to pay a penny.  Another thing, you know, Darrin, my fire happened, you know. Right there in Atlanta property and that was a fire. I had a twenty thousand dollar deductible only, and that settled for two point three million dollars just to let you all know. But it was only possible because of people like Darrin, you know, who were able to sit down with me and make sure that we get the proper insurance.  I got hacked also in 2017 lost $250,000. And guess what? I did not have the Cyber Insurance. And that got me hurt. And, yo

  • Financial Independence Through Real Estate with Kaylee Mcmahon - CREPN #233

    Financial Independence Through Real Estate with Kaylee Mcmahon - CREPN #233

    30/01/2020 Duración: 43min

    Financial Independence through Real Estate is available to you.   Kaylee Mcmahon is proof that if you are willing to hustle, you can create financial freedom through real estate.  She is based in Texas and has tried a lot of different things, learned a lot and grown an impressive portfolio in a short amount of time.   Single Family Real Estate In the beginning, Kaylee got her real estate license and worked as an agent and broker listing and selling single family properties.  This availed her to do flips and learn how to manage projects. Flipping houses taught her that she has little patience for babysitting grown men, contractors, who cannot perform as they have promised.  But the experience taught her what is involved in renovating a property.  Marketing  Regardless of what you do, in order for others to know what you do, you have to market yourself.  Kaylee was featured on Ryan Harper’s Propelio TV, YouTube channel, which created a video resource for real estate investors.  Here, she met and networked with

  • BIGGEST RISK with Kaylee Mcmahon

    BIGGEST RISK with Kaylee Mcmahon

    28/01/2020 Duración: 06min

    I think the BIGGEST RISK in what I do, multi-family investing, is making sure that the deal the way that you buy it. Because like honestly, the way you buy it means everything. I mean, if you don't buy it, right. Sorry, sucker. You know, whether whatever whether it's you know, you're not operating it right?  The point is, is you want to buy it at the right price to where there's a margin of error. There's a margin. So, for example, if you screw something up, it's like, OK, well, we have enough cash sitting over here, we can fix that problem. Or you want to be as far away from foreclosure point as possible. So and it's the same thing with what's going to happen here with the election coming and the economy changing. You know, everyone's everyone's freaking out honestly about, you know, these the cycle changing and coming, And it should have already happened, honestly. And so I think what's going to happen and I'm listening and I'm listening and, you know, you have to be aware. I think people are freaking out a

  • How to Leverage Social Media for Commercial Real Estate with Matthew Laborde - CREPN #232

    How to Leverage Social Media for Commercial Real Estate with Matthew Laborde - CREPN #232

    23/01/2020 Duración: 37min

    Do you know how to leverage Social Media for Commercial Real Estate? Matthew Laborde, principal of Elifin Realty, a commercial real estate brokerage in Baton Rouge, LA, is successfully leveraging social media to create a recognizable brand and attract clients.  He worked hard and in just three years he was the 2nd largest producer in the firm! On his 27th birthday, he started his own firm, Elifin Realty.  How to Start with Social Media How do you start to use social media?  You start. When Matthew started in commercial real estate at nineteen years old, Matthew had sworn off social media.  Prior to 2018, he used social media to connect with others, and rally for a cause. He did not use social media for business.   Why use Social Media for Business? If people don’t know you are in business, how are they going to find you?  The first time you post for business is awkward. It will continue to be until you find your way.  Your goal in the beginning is to connect with people and find the people who are your fans o

  • BIGGEST RISK with Matthew Laborde

    BIGGEST RISK with Matthew Laborde

    21/01/2020 Duración: 01min

    BIGGEST RISK: Matthew Laborde, what is the BIGGEST RISK?  Matthew: The BIGGEST RISK, so I'm going to stay on topic for this one and I'll speak to the biggest risk for business owners and agents, right. In general, especially for the, I would say the veteran agent, the more mature agent and older agent.   The older business owners not engaging in social media is a huge risk.  It's this wide open field that you might, as the veteran, you might have the capital to invest, to have to hire people to do this for you.  But if you don't believe that it can help your business, and if you don't take the time to understand it, then you're going to miss a huge opportunity and open it up for a younger generation, like myself, to come in and take market share. So I'd say that's a huge risk that you need to consider.

  • Women Investing in Commercial Real Estate with Beth Azor - CREPN #231

    Women Investing in Commercial Real Estate with Beth Azor - CREPN #231

    16/01/2020 Duración: 47min

    Women investing in Commercial Real Estate are rare.  Why is that? Beth Azor, “The Canvassing Queen”,principal at Azor Advisory Services, is a rare bird in commercial real estate.  She is a full time Commercial Real Estate Broker, Developer & Investor.   Residential Real Estate Beth grew up with two residential real estate agents for parents.  As soon as she turned 18, she got her real estate license and dabbled in real estate.  After college, she worked for a non profit that paid very little. To make additional income, she worked as a real estate agent on weekends.   In two years her non profit salary doubled, but she still made more money working weekends in residential real estate, but real estate was so boring.  The residential developer she worked for had Beth hold an open house in a luxury home development.  She spent most of her time reading People Magazine while waiting for prospects to show up for a tour of the model home.   When a friend suggested she consider commercial real estate, she thought

  • BIGGEST RISK with Beth Azor

    BIGGEST RISK with Beth Azor

    14/01/2020 Duración: 02min

    I think the BIGGEST RISK is lack of knowledge. And we luckily live in a world where we can mitigate that, but that does take time and effort and work to do so. So and you don't know what you don't know.  So when I was building my when I developed my first shopping center, which was about five years ago, I bought I bought a strip club and knocked it down and built a strip center. The muncipality loved me. But I had never built anything before. And I was very nervous. And I and I had one partner in that deal. And I kept telling him, you know, I don't know what I'm doing. He said, don't worry, you'll figure it out.  But I hired people that didn't know what they were doing to consult with me and teach me. And I read a lot of books. I listen to podcasts. So the biggest risk is the lack of education. But particularly you don't know what you don't know. And being wise and astute and I'm just a big believer in continually learning. I probably listened to three or four podcasts a day and I'm constantly reading.  So th

  • Market Cycle Opportunities in Real Estate with Lee Kearney - CREPN #230

    Market Cycle Opportunities in Real Estate with Lee Kearney - CREPN #230

    09/01/2020 Duración: 37min

    Market cycles in real estate create opportunities for investors to recognize value and make a profit when you buy. Lee Kearney has flipped over 7,000 homes in the past decade.  In the crash of 2008, he lost everything, but at the bottom of the market he recognized the opportunity, and was able to make up for his loss. Market Cycle The market cycle is easier to identify in the past.  It has lows and highs which reflect when money is not trading hands to when money is effortless.  When you look back in time, you can see the point where buyers are spooked and are no longer willing to buy.  This marks the high point and the start of a down market. It is the point where buyers believe there is no more upside left in the market.  When this happens, it causes sellers to lower the price to attract buyers. If sellers are unable to attract buyers quickly with a minor price adjustment, the risk of a crash increases.  When this period of uncertainty lingers on, the belief that things are bad spreads, and further reduces

  • BIGGEST RISK with Lee Kearney

    BIGGEST RISK with Lee Kearney

    07/01/2020 Duración: 01min

    Darrin:I've been asking my guests on CREPN Radio if they could take a look at their, you know, investing strategies and how they basically see the market and if they can identify what they consider to be the BIGGEST RISK.  Lee: Sure.  Darrin: And with that, I'd like to ask you, Lee Kearney, what is the BIGGEST RISK?  Lee: If you're buying an asset today at market value, your BIGGEST RISK is the market risk. Is the risk of that asset going down in value? Now, if you're buying it wholesale, you don't bear the same risk. But if you're buying at a market price today in any primary market, I would say your biggest risk is that that assets gonna go down in value.

  • Credit is Key to Financial Freedom with Debbie Bloyd - CREPN #229

    Credit is Key to Financial Freedom with Debbie Bloyd - CREPN #229

    02/01/2020 Duración: 31min

    Credit is key to your financial freedom. Debbie Bloyd is the principal at DLBmortgageservices.com where she provides mortgage and insurance service for her clients.  In order to qualify for the best lender rate or insurance product, good credit is key. Your Credit Your credit score is the measuring stick for all potential creditors to determine your ability to pay back your obligations.  Sadly, Debbie finds there are two types of borrowers. Those who are well educated about credit, with excellent credit, and those who are uneducated and have horrible credit. Too many people do not understand the basics when it comes to personal finances.  While it is true, you have to use credit to establish credit, you have to use it wisely.  Maxing out all of your available credit cards negatively affects your credit rating. The algorithm used to determine your score will negatively reduce your score if you have no available credit.  So, to maintain a good credit score, don’t max out your credit.   Additionally, many people

  • BIGGEST RISK with Debbie Bloyd

    BIGGEST RISK with Debbie Bloyd

    31/12/2019 Duración: 01min

    Darrin: Debbie Bloyd, what is the BIGGEST RISK? Debbie: I think the BIGGEST RISK is that we're going to be running out of money and we're growing too old. So what I see happening to families, either with money or without money, is they're outliving their money. People say, how much do you need to have to retire? And I said, more than you think. And they're like, well, how much is enough? I don't know. It depends on how you want to live. And so I have most of my seniors either out living their money. And that's a huge concern for them. And they don't start worrying about that until it's too late to do anything about it. You and I both know long term care policies. You can buy those at a young age. You can buy the middle aged. You can buy them when you're 60. But after about 65, they become unaffordable. People are thinking too late because we don't know how old you are. Fifty five. I feel like I'm 35. I probably look like more like I'm 45. But I still mentally, I don't feel old at all. And so I think a lot of

  • Start Young Go Big in Real Estate with Angad Guglani - CREPN #228

    Start Young Go Big in Real Estate with Angad Guglani - CREPN #228

    26/12/2019 Duración: 34min

    Start young and go BIG in real estate is a rare investor story.  So many prospective real estate investors think about investing, yet so few actually pull the trigger and invest.  Angad Guglani is the rare exception. He has accumulated 84 doors by 25yrs of age.  He got the bug for real estate when a classmate at NYU told him he earned $300,000 a year as a real estate broker.   Fast Success Find the solution for the problem.  Angad recognized his need for clients to be successful.  He also knew that his fellow students were always searching for apartments off campus in the city.   Angad launched Off Campus Apartments NYC, an apartment leasing brokerage website and Facebook page, marketing himself as the students real estate broker.  The formula was simple; approach landlords with vacancies to list their apartments and market their listings to the NYC students looking to live off campus.   His brand became recognized as the go to resource for students looking off campus housing.  In no time, Angad had more busi

  • BIGGEST RISK with Angad Guglani

    BIGGEST RISK with Angad Guglani

    24/12/2019 Duración: 01min

    Darrin:  I'd like to ask you on Angad Guglani, what is the BIGGEST RISK?  Angad:So I had a few ideas on this, like we talked about Darrin, but you probably gave me a really good story. You did give me a very good real life story and somewhat shaped my thinking. And I would say the biggest risk being very concentrated in one market and one to expand will be concentrated in the other markets. Right? Well, we'll have heavy concentration in a handful of markets. Is something systemic like a major flood or ice storm like that was the example you gave. And something like that where, you know, I don't frankly, I don't read the policies as well as I should. We have a master insurance policy, and I'm sure there's some sort of cataclysmic event that might happen that probably voids the policies. And if that were to happen, that would be very dangerous. Number one. Number two, or, you know, like you said, if you have a major, you know, act of God event and your policy doesn't pay out and you have fixed expenses like mor

  • Passive Income in Real Estate with Kathy Fetke - CREPN #227

    Passive Income in Real Estate with Kathy Fetke - CREPN #227

    19/12/2019 Duración: 45min

    Passive income through real estate is an attractive option for investors with a good job, or would rather rely on an experienced operator rather than take on the risk of investing on their own. Kathy Fetke, Co-Founder of Real Wealth Network, and returning guest to CREPN Radio identifies the risk investors face when investing passively.  Real Wealth Network works to educate investors on the investment options available so they can prepare for a secure financial future.  In this episode, Kathy explains the steps you can take to protect investment to minimize your risk when investing. Passive Income  Passive Income Opportunities in Real Estate can be very lucrative.  Ideally, passive income is truly passive that does not require you the need to tend to the day to day operational concerns.  Instead, you place your investment with a deal sponsor, then receive handsome monthly or quarterly returns.   In addition to the positive cash flow, you receive the multiple benefits real estate provides.  These include, depr

  • BIGGEST RISK with Kathy Fetke

    BIGGEST RISK with Kathy Fetke

    17/12/2019 Duración: 03min

    Darrin: [00:00:08] Kathy Fetke, What is the BIGGEST RISK? [00:00:11][3.5] Kathy: [00:00:14] Well, there are so many, but I would say the BIGGEST RISK is not being educated, which is why it is my mission to help people. Like I said at the beginning, the show to raise the wealth consciousness of the average person and definitely of the average investor because there are so many landmines. Whether you're investing in the stock market or in real estate or in Bitcoin or whatever you're investing in. You've got to really take a deep dive and understand it. We've been sort of trained over the years to not really understand it, but hopefully our financial planner understands it and we hand over our money and hope they do well with it. So we haven't really been taught that it was important for us to understand it. We don't we're not educated and in high school and probably not in college for most people. [00:01:00][45.7] [00:01:00] So first and foremost, the biggest risk is not understanding what you're investing in.

  • Blockchain Provides Liquidity for Real Estate Syndication with Yael Tamar - CREPN #226

    Blockchain Provides Liquidity for Real Estate Syndication with Yael Tamar - CREPN #226

    12/12/2019 Duración: 53min

    Blockchain is the technology disruptor that provides liquidity for real estate syndication deals. Yael Tamar, Chief Marketing Officer with Solidblock, explains what blockchain is and how it can be used beyond Bitcoin and applied for real estate syndication.  Blockchain Technology Blockchain technology was introduced in a 2009 white paper written by the founders of Bitcoin.  Since that time, Bitcoin and blockchain have become synonymous.  However, the truth is that Bitcoin is one of many digital currencies that utilize blockchain technology.   By definition, blockchain is a decentralized ledger that provides transparency to all its token users.  All transactions are viewable to the token holders. The ledger is immutable, meaning you cannot edit past transactions without certain permissions.  The users are able to trade amongst token holders.  Transfers between members are instant! Computers in the network approve transactions and adjust the participants balance.   Blockchain Applications The applications for b

  • BIGGEST RISK with Yael Tamar

    BIGGEST RISK with Yael Tamar

    10/12/2019 Duración: 03min

    Darrin:  Yeal Tamar, what is the BIGGEST RISK?  Yael:  So there are many risks in real estate. I guess the top ones are market risk, then picking the wrong asset. And and I would say liquidity risk because of the impending crisis or recession that's going to happen. Now, on the asset level and the market level, you can mitigate these risks with information. Right. So you can look and to market reports you have plenty, CBRE, Colliers. You know, that information is out there for you to show where they think market is going. There are credit agencies. There are all kinds of indicators, right. On the asset risk. And I guess it's split in two.  Number one is your due diligence. You know how much you know about these asset owners, asset managers, developers and so on. So if you did your due diligence. And number two is basically if they're doing the right. If there is a right fit from the asset to the market. Right. So if if residential real estate is a big one in this area or commercial or so, you kind of have to

  • Multifamily Risk and Reward with Jorge Newbery - CREPN #225

    Multifamily Risk and Reward with Jorge Newbery - CREPN #225

    05/12/2019 Duración: 01h09min

    Multifamily Risk and Reward balance most of the time, unless you are Jorge Newbery. Jorge Newbery, is a high school dropout with more drive and focus than most successful real estate investors.  His drive for success has led him to create multiple successful companies and amazing success.   Entrepreneurial Before the age of 25 and prior to investing in real estate, Jorge had several entrepreneurial endeavors.   He purchased a refrigerated tricycle and pedaled through his neighborhood selling ice cream to the neighbors.   He became a record producer for hardcore punk bands in the Los Angeles, CA. Olympic Cyclist: He competed in an Olympic trials for a chance to go to the Olympics.   Real Estate Mortgage Broker - worked to become the top representative in one company, then started a successful mortgage brokerage. Multifamily Risk and Reward  In 1992, Jorge recognized the opportunity in undervalued real estate based on all the loans he had been making to his clients.  So, he purchased his first investment prop

  • BIGGEST RISK with Jorge Newbery

    BIGGEST RISK with Jorge Newbery

    03/12/2019 Duración: 01min

    Darrin: Jorge Newberry, what is the BIGGEST RISK?  Jorge: To not learn from the past. And so that would be for me to look at my own past and the past of others and see what has happened, how they navigated it and, whether it makes sense to, or how that should influence my actions today. And I'll give you a real life example, is that you know the market. I've been through a couple of downturns in the real estate market and towards the end of every up cycle is like today. Today there are the lenders are, freely giving out money. It's very easy to qualify. They have these, you know, kind of almost subprime loans called non QM loans, and things have gotten very easy and that happens every time. At the top of the market that the money is free flowing, the pricing gets expensive, everything gets really competitive. I'm trying to buy loans and other people coming up with money pay more than me, And they could be the winner of the bid. But really, time will tell whether they're the winner, the loser. So today, I thin

  • Capital Market Trends with Bryan Shaffer - CREPN #224

    Capital Market Trends with Bryan Shaffer - CREPN #224

    28/11/2019 Duración: 45min

    Capital Market trends are a barometer for where the commercial real estate market is headed. Bryan Shaffer is the Principal Managing Director at George Smith Partners.  GSP is a boutique capital market resource providing owners & developers the structure capital needed to complete projects nationwide since 1979. The value of utilizing a broker like George Smith Partners is that they are in the market every day, and know when it is more beneficial to utilize one option over the other.  This compares with a bank who has one model. The capital market is continuously changing. They work for the client in hope to create a relationship that continues to help the borrower get the money needed to grow their business.  Commercial Real Estate Financing  Large commercial real estate projects come with tremendous risk.  The borrower sees opportunity, while the lender sees the risk. If the lender does not feel comfortable with the borrower or the project, they will not finance the deal.  An experienced finance profess

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