258. Brokers Mastermind, Luxury Flex Space, and More (Office Hours)

Key Takeaways:

Seller financing is recommended, as it allows negotiation of debt terms. Other financing options discussed include joint ventures, restructuring current debt, and raising capital through investor pools.

High insurance rates in Florida can make deals difficult to make work financially.

Significant tax benefits of cost segregation, citing a $120,000 write-off on a $480,000 building. Industrial outdoor storage facilities may have limited depreciation opportunities.

Brokerage tips for new agents: recommends joining a retail team or borrowing an experienced broker's track record to gain an advantage. Cold calling, door-to-door outreach, and direct mail are effective strategies for new brokers.

Developing successful micro-restaurant projects: Key factors include no parking requirements, proximity to urban core, and embracing the neighborhood.

Launching a brokers mastermind on October 1st. Planning an in-person Serie accelerator mastermind event in Nashville on October 18-19.