345. Commercial Real Estate Isn’t Just for Millionaires

Key Takeaways:

Commercial real estate isn't just for millionaires - it's about how you structure deals, not how much money you have.

Successful investment strategies include:

Finding overlooked properties

Building the right capital stack

Partnering with someone who has a unique edge

Focusing on operational improvements rather than major renovations

Underwriting conservatively

Specific example: Tyler and his partner Jacob bought a failing self-storage facility for $1.7 million by:

Raising capital from a small investor group

Leveraging Jacob's moving company for built-in tenant pipeline

Improving operations instead of doing expensive renovations

Increasing occupancy from 58% to nearly full within 90 days

Key investment principles:

Look for small deals in transitioning areas

Build relationships with potential investors

Identify your unique competitive advantage

Underwrite based on realistic expectations

Keep the investment strategy simple