230. Rezoning Land, Creative 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.