174. What Is A "Deal," Flex Space, The Future of Residential Agents (Office Hours)

Key Takeaways:

- Tyler believes that while office space may decline, it will not disappear completely and flexibility will be important going forward

- Flex space is a high-demand asset class with low supply due to redevelopment of existing flex properties

- Commercial real estate values have already declined by around 25% and more declines may come as sellers are forced to lower prices

- It's still a good time to buy commercial real estate if the numbers work, as properties will appreciate over the long run

- The market is becoming more of a buyers market, which provides opportunities but will require more work to find good deals

- Interest rates increasing have already slowed the commercial real estate transaction volume

https://www.tylercauble.com/podcast/episode174