JF2986: How to Pivot to Non-Residential CRE in a Recession ft. Ash Patel
Nov 7, 2022
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Real estate investor and host of the Best Ever Show, Ash Patel, discusses how to pivot to non-residential commercial real estate (CRE) during a recession. He shares tips on finding valuable deals, underwriting like a pro, and retooling yourself for new opportunities. He also highlights the potential of investing in non-residential properties in various locations, including small office buildings and flex spaces. The episode concludes with a property analysis and advice on investing in non-residential CRE during a recession.
Investing in non-residential commercial real estate offers advantages such as less competition, longer lease terms, and business owners as tenants.
Increasing net worth should be a priority alongside door or income goals in real estate investing.
Consider location, lease length, tenant quality, and lease terms when underwriting commercial deals, and explore different asset classes in commercial real estate for higher returns.
Deep dives
Opportunity to invest in the booming short-term rental market
TechVesture is offering accredited investors the chance to passively invest in the short-term rental market, with over 100 profitable properties across the nation. Investors can enjoy high cash flow and double-digit annual rates of return.
Turnkey rental properties for early retirement and passive income
Rent to retirement offers fully turnkey properties for investors looking to achieve financial freedom and early retirement through real estate investing. They provide opportunities in single-family, multi-family, and new-build properties across the best markets in the US to maximize cash flow and appreciation.
Exploring the benefits of non-residential commercial real estate
The podcast episode discusses the advantages of investing in non-residential commercial real estate, including less competition, longer lease terms, and dealing with business owners instead of residential tenants. Commercial properties offer opportunities for high returns and opportunities for value-add investing.
The importance of increasing net worth in real estate investing
In this podcast episode, the speaker emphasizes the importance of not just focusing on the number of doors or passive monthly income in real estate investing, but also on increasing net worth. They highlight that achieving goals such as having 100 doors by the end of the year or 1000 doors in five years is great, but it is crucial to ensure that net worth is also consistently increasing. Net worth is viewed as the one metric that never lies, and the speaker urges investors to set net worth goals alongside their door or income goals to track their financial progress.
Benefits and strategies in commercial real estate
The podcast episode discusses the benefits of investing in commercial real estate and explores various strategies to add value to commercial properties. Some of the advantages highlighted include longer-term leases, more business-oriented tenants, the potential for tenants to improve the buildings themselves, and easier property management. The episode also emphasizes the importance of considering location, lease length, tenant quality, and lease terms when underwriting commercial deals. The speaker encourages listeners to explore different asset classes within commercial real estate, such as medical properties and warehouses, and suggests looking for opportunities in suburban or overlooked markets where competition may be lower.
Inflation is at an all-time high and we may be on the brink of a syndication bubble. Deciding where to invest your money is crucial in times like these. In this episode, Best Ever Show host Ash Patel discusses how to start investing in non-residential CRE to increase your returns.
What you'll learn:
Which deals to look for and how to find them
How to underwrite your deals like a pro
How to re-tool yourself to look at new deals that will earn your more