From College Dropout to Buying $50M of Real Estate with Tyler Cauble

4 snips

Apr 30, 2024

Guest Tyler Cauble, a commercial real estate investor, shares how he got started without his own money, tips on commercial investing, turning car washes into food halls, importance of sales skills, and the impact of office space trends. He discusses finding off-market deals, staying cash-heavy, personal growth, and the books that influenced him. Connect with Tyler on his website, YouTube, and Instagram.

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Introduction

00:00 • 2min

From Cutco Knives to Commercial Real Estate

01:32 • 6min

Commercial Real Estate Leasing Strategies

07:28 • 18min

Transformation of a Car Wash into Micro Restaurants and Bar during COVID-19

25:55 • 5min

Charity Donation, Real Estate Networking, REI Summit, and Ghost Kitchens

31:13 • 3min

The Rise of Ghost Kitchens in the Food Industry

34:26 • 4min

Navigating the World of Commercial Real Estate and Investing Strategies

38:09 • 19min

Strategies for Off-Market Real Estate Deals

57:25 • 9min

Excitement for Restructuring Work and Connecting via Social Media

01:06:16 • 2min

Tyler Cauble is a commercial real estate investor in Nashville, Tennessee. On today’s show: how he went from selling Cutco Knives door-to-door, to doing his first land deal with none of his own money, to using syndication to buy, renovate, rent, and refinance (BRRR) millions of dollars of commercial real estate in one of the hottest markets in the country.

Tyler also talks about:
- Exactly how he’d get started in commercial real estate investing today
- The differences between residential and commercial real estate deals
- How to get brokers to take you seriously
- What he learned about sales at Cutco (he broke a sales record!)
- Transforming an abandoned car wash into a food hall with “ghost kitchens”
- Why he’s all-in on office space despite remote work
- The opportunity in turning stale office buildings into coworking spaces
- The impact of higher interest rates
- What type of cash-on-cash returns to expect in commercial investing
- How much you need for a down payment
- Does go off market to find deals? (spoiler: yes)
- Why he’s cash-heavy in 2024
- Why he quit drinking alcohol
- The books, people and quotes that have shaped who he is

Books Mentioned:
- Walkable City by Jeff Speck
- Buy, Rehab, Rent, Refinance, Repeat by David Greene
- The Book on Rental Property Investing by Brandon Turner
- Rich Dad Poor Dad by Robert Kiyosaki

Connect with Tyler:

Website: https://www.tylercauble.com/

YouTube: https://www.youtube.com/@tylercauble

Instagram: https://www.instagram.com/commercial_in_nashville/?hl=en

TikTok: https://www.tiktok.com/@tylercauble

Connect with us!

Website: https://abetterlife.com/

Instagram: https://www.instagram.com/betterlife/?hl=en

https://www.instagram.com/beardybrandon

Tyler’s charitable cause (100% of ad revenue goes here):
- Vanderbilt Children's Hospital

Show Sponsor:
- The BetterLife REI Summit May 3-5 in Denver, CO. The most actionable “how to” real estate event for new and experienced investors. Grab your tickets here: https://reisummit2024.com/

Interested in building wealth without losing your soul? Join the BetterLife Tribe here: https://join.abetterlife.com/tribe